Common use of General Accounting Records Clause in Contracts

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.

Appears in 7 contracts

Samples: In Agreement (Entree Gold Inc), Equity Participation (Entree Gold Inc), In Agreement (Entree Gold Inc)

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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 BusinessCompany. Such records shall be retained for the duration of the period allowed the Participants 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 ParticipantsMembers.

Appears in 4 contracts

Samples: Operating Agreement (Golden Phoenix Minerals Inc), Joint Venture Agreement (Vista Gold Corp), Operating Agreement (Western Goldfields Inc)

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 documentationdocuments, 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 and other financial, regulatory, or financial and legal reporting purposes related to the BusinessCompany. Such records shall be retained for the duration longer of the period allowed the Participants Members for audit pursuant to Section 11.6 or the period necessary to comply with tax or other and regulatory requirements. The records shall reflect all obligations, advances and credits of the ParticipantsMembers.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (Uranium Energy Corp)

General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with these this Accounting ProceduresProcedure, 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 operations for managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related to the Businesspurposes. Such records shall be retained for the duration of the period allowed the Participants 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 applicable to the ParticipantsCompany or allocable to the Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement

General Accounting Records. The Manager Operator shall maintain detailed and comprehensive cost accounting records records, prepared in accordance with these this Accounting ProceduresProcedure and generally accepted accounting principles consistently applied, 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 operations for managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related to the Businesspurposes. 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.

Appears in 1 contract

Samples: Option Agreement (Fronteer Development Group)

General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with these this Accounting ProceduresProcedure and in accordance with International Financial Reporting Standards, 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 operations for managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related to the Businesspurposes. Such records shall be retained for the duration of the period allowed by 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.

Appears in 1 contract

Samples: In and Joint Venture Agreement (Pan American Lithium Corp)

General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with these this Accounting Procedures, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documentationProcedure, sufficient to provide a record of revenues and expenditures and periodic statements of financial position and the results of Operations operations for calculation of royalties and other burdens on the Properties, managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related purposes. The Participants agree to provide the BusinessManager with all information reasonably requested by the Manager for the foregoing 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.

Appears in 1 contract

Samples: Nevada Geothermal Power Inc

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General Accounting Records. The Manager shall maintain detailed and comprehensive 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 BusinessCompany. Such records shall be retained for the duration of the period allowed the Participants 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 ParticipantsMembers.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Thunder Mountain Gold Inc)

General Accounting Records. The Manager shall maintain detailed and ---------------------------- comprehensive cost accounting records in accordance with these this Accounting ProceduresProcedure, including general ledgers, supporting and subsidiary 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 operations for managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related to the Businesspurposes. 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.

Appears in 1 contract

Samples: Mining Venture Agreement (Western Goldfields Inc)

General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records records, prepared in accordance with these this Accounting ProceduresProcedure and generally accepted accounting principles consistently applied, including general ledgers, ledgers supporting and subsidiary journals, journals invoices, checks 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 operations for managerial, tax, regulatory or other financial, regulatory, or legal financial reporting purposes related to the Businesspurposes. Such records shall be retained for fur 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.

Appears in 1 contract

Samples: Option Agreement

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