Internal Control. The Manager shall (i) establish and maintain a system of internal accounting and financial controls designed to provide reasonable assurance of the reliability of financial reporting, the effectiveness and efficiency of operations and compliance with applicable laws, (ii) maintain records for each Company Investment on a GAAP basis, (iii) develop accounting entries and reports required by the Company to meet its reporting requirements under applicable laws, (iv) consult with the Company with respect to proposed or new accounting/reporting rules identified by the Manager or the Company and (v) prepare quarterly and annual financial statements as soon as practicable after the end of each such period as may be reasonably requested and general ledger journal entries and other information necessary for the Company’s compliance with applicable laws and in accordance with GAAP and cooperate with the Company’s independent accounting firm in connection with the auditing or review of such financial statements, the cost of any such audit or review to be paid by the Company.
Appears in 10 contracts
Samples: Management Agreement, Management Agreement (Global Medical REIT Inc.), Management Agreement (Global Medical REIT Inc.)
Internal Control. The Manager shall (i) establish and maintain a system of internal accounting and financial controls designed to provide reasonable assurance of the reliability of financial reporting, the effectiveness and efficiency of operations and compliance with applicable laws, (ii) maintain records for each Company Investment on a GAAP basis, (iii) develop accounting entries and reports required by the Company to meet its reporting requirements under applicable laws, (iv) consult with the Company with respect to proposed or new accounting/reporting rules identified by the Manager or the Company and (v) prepare quarterly and annual financial statements as soon as practicable after the end of each such period as may be reasonably requested and general ledger journal entries and other information necessary for the Company’s compliance with applicable laws and in accordance with GAAP and cooperate with the Company’s independent accounting firm in connection with the auditing or review of such financial statements, the cost of any such audit or review to be paid by the Company.
Appears in 5 contracts
Samples: Management Agreement (Aspire Real Estate Investors, Inc.), Management Agreement (Ellington Financial LLC), Management Agreement (Ellington Financial LLC)
Internal Control. The Manager shall (i) establish and maintain a system of internal accounting and financial controls designed to provide reasonable assurance of the reliability of financial reporting, the effectiveness and efficiency of operations and compliance with applicable laws, (ii) maintain records for each Company Investment on a GAAP basis, (iii) develop accounting entries and reports required by the Company to meet its reporting requirements under applicable laws, (iv) consult with the Company with respect to proposed or new accounting/reporting rules identified by the Manager or the Company and (v) prepare quarterly and annual financial statements as soon as practicable after the end of each such period as may be reasonably requested and general ledger journal entries and other information necessary for the Company’s compliance with applicable laws and in accordance with GAAP and cooperate with the Company’s independent accounting firm in connection with the auditing or review of such financial statements, the cost of any such audit or review to be paid by the Company.
Appears in 4 contracts
Samples: Management Agreement (Alpine Income Property Trust, Inc.), Management Agreement (Consolidated Tomoka Land Co), Management Agreement (Consolidated Tomoka Land Co)
Internal Control. The Manager shall (i) establish and maintain a system of internal accounting and financial controls designed to provide reasonable assurance of the reliability of financial reporting, the effectiveness and efficiency of operations and compliance with applicable laws, (ii) maintain records for each Company Investment the Project on a GAAP basis, (iii) develop accounting entries and reports required by the Company Developer to meet its reporting requirements under applicable laws, (iv) consult with the Company Developer with respect to proposed or new accounting/reporting rules identified by the Manager or the Company Developer and (v) prepare quarterly and annual financial statements as soon as practicable after the end of each such period as may be reasonably requested and general ledger journal entries and other information necessary for the CompanyDeveloper’s compliance with applicable laws and in accordance with GAAP and cooperate with the CompanyDeveloper’s independent accounting firm in connection with the auditing or review of such financial statements, the cost of any such audit or review to be paid by the CompanyDeveloper.
Appears in 3 contracts
Samples: Management Agreement (HF Enterprises Inc.), Management Agreement (HF Enterprises Inc.), Management Agreement (SeD Intelligent Home Inc.)