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.
Appears in 6 contracts
Samples: Venture Agreement (New Jersey Mining Co), Mill Venture Agreement (New Jersey Mining Co), Mineral Property Option and Joint Venture Agreement (Finmetal Mining Ltd.)
General Accounting Records. The Manager 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 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: Limited Liability Company Agreement, Operating Agreement (Gold Torrent Canada Inc), Operating Agreement (Solitario Exploration & Royalty Corp.)
General Accounting Records. The Manager shall maintain detailed and comprehensive accounting records records, prepared in accordance with this Accounting ProcedureProcedure and generally accepted accounting principles consistently applied, 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.
Appears in 3 contracts
Samples: Joint Venture Agreement, Option Agreement (Radius Gold Inc.), Option to Purchase With Exploration Rights (Golden Phoenix Minerals Inc /Fa/)
General Accounting Records. The General Manager shall maintain detailed and comprehensive accounting records records, prepared in accordance with this Accounting ProcedureProcedure and Applicable Accounting Standards, 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 for the Participants for Shareholders to audit or the period necessary to comply with tax or other regulatory requirements. The records shall reflect all obligations, advances and credits of the ParticipantsShareholders.
Appears in 2 contracts
Samples: Shareholder Agreement (Golden Goliath Resources LTD), Shareholder Agreements (Golden Goliath Resources LTD)
General Accounting Records. The Manager shall maintain detailed and comprehensive cost accounting records in accordance with this Accounting Procedure, 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 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 2 contracts
Samples: Option/Joint Venture Agreement, Option / Joint Venture Agreement (Richmont Mines Inc)
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 (the "Joint Account") and periodic statements of the 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 to the Participants Parties 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 ParticipantsParties.
Appears in 1 contract
General Accounting Records. 1.1 The Manager shall maintain detailed and comprehensive accounting records in accordance with this these Accounting ProcedureProcedures, including general ledgers, supporting and subsidiary journals, invoices, checks and other customary documents, sufficient to provide a record of revenues and expenditures and periodic statements of financial position 0position and the results of operations operation for managerial, tax, 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.
Appears in 1 contract
General Accounting Records. The Manager shall maintain detailed and comprehensive 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 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 (Contango ORE, Inc.)
General Accounting Records. The Manager 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.
Appears in 1 contract
