General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with these Accounting Procedures, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of Operations for managerial, tax, regulatory or other financial, regulatory, or legal reporting purposes related to the Business. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants.
General Accounting Records. The Manager shall maintain detailed and comprehensive accounting records in accordance with this Accounting Procedure, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants.
General Accounting Records. The Operating Member shall maintain, and shall cause Nevada JV and its subsidiaries to maintain detailed and comprehensive financial and cost accounting books and records as provided in Section 4.6 of the Agreement and other applicable provisions of the Agreement. Subject to applicable Legal Requirements, the Operating Member and Nevada JV and its subsidiaries shall maintain records and accounts in accordance with Generally Accepted Accounting Principles.
General Accounting Records. The Operator shall maintain detailed and comprehensive cost accounting records in accordance with this Accounting Procedure, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants. Quarterly and annual reports and audits shall be made according to the requirements in section 16 of the Joint Venture Agreement.
General Accounting Records. The OPERATOR shall maintain detailed and comprehensive cost accounting records including general ledgers, supporting journals, invoices, checks and other customary documentation, sufficient to provide a record and the results of operations for Operatorial, tax, regulatory or other financial reporting purposes.
General Accounting Records. WG shall maintain detailed and comprehensive accounting records suitable to establish a detailed audit trail, in accordance with this Accounting Procedure, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes for MGE-IW and the Property. Such records shall be retained for the duration of the period allowed to MGE-IW for audit or the period necessary to comply with tax or other regulatory requirements. The records shall comply with generally accepted accounting principles in the United States ("U.S. GAAP"). Furthermore, WG shall provide MGE-IW and its auditors with reasonable access to its books and records for purposes of complying with applicable reporting requirements for MGE-IW and its affiliates.
General Accounting Records. The Company shall maintain detailed and comprehensive cost accounting records in accordance with these Accounting Procedures and in accordance with generally accepted accounting principles on a consistent basis, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of Operations for managerial, tax, regulatory or other financial, regulatory, or legal reporting purposes related to the Company. Such records shall be retained for the duration of the period allowed the Members for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Members.
General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with the requirements of the laws of Canada and in accordance with this Accounting Procedure and Canadian generally accepted accounting principles, including general ledgers, supporting and subsidiary journals, invoices, cheques and other customary documentation sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of operations for managerial, tax, regulatory or other financial reporting purposes. Such records shall be retained for the longer of the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall include accounts for each Participant which shall reflect all obligations, advances and credits of the Participants in accordance with their Participating Interests.
General Accounting Records. Each Participant shall maintain its own detailed and comprehensive cost accounting records in accordance with these Accounting Procedures, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentation, sufficient to provide a record of revenues and expenditures for managerial, tax, regulatory or other financial, regulatory, or legal reporting purposes related to this Agreement. Such records shall be retained for the duration of the period allowed the Participants for audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the Participants.
General Accounting Records. The Manager shall maintain, and shall cause the Company to maintain detailed and comprehensive financial and cost accounting books and records as provided in Section 4.5 of the Agreement and other applicable provisions of the Agreement. Subject to applicable Legal Requirements, the Manager and the Company shall maintain records and accounts in accordance with International Financial Reporting Standards, applied on a basis consistent with the past practices of the Company.
