Common use of Inspection of Records and Reports Clause in Contracts

Inspection of Records and Reports. Every Manager shall have the right at any reasonable time to inspect all books, records, and documents of every kind and the physical properties of the Fund. This inspection by a Manager may be made in person or by an agent or attorney and the right of inspection includes the right to copy and make extracts of documents. No Member shall have any right to inspect any account, book or document of the Fund that is not publicly available, except as conferred by the Managers. The books and records of the Fund may be kept at such place or places as the Board may from time to time determine, except as otherwise required by law.

Appears in 7 contracts

Samples: Operating Agreement (JNL Variable Fund LLC), Operating Agreement (JNL Strategic Income Fund LLC), Operating Agreement (JNL Variable Fund LLC)

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