Common use of Maintenance of Books; Financial Reports Clause in Contracts

Maintenance of Books; Financial Reports. The books and financial records of the Company shall be maintained according to U.S. GAAP, consistently applied. The Company shall provide to each Member, within ten (10) days following the end of each month, quarter and fiscal year, such financial reports (balance sheet, income statement and supporting data) as each Member shall reasonably require for the purposes of its financial reporting; provided, however, that upon the request of any Member and at the Company’s expense, the Company shall prepare, and the Company’s independent financial auditors shall review, financial statements which satisfy such Member’s financial reporting requirements.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Alcoa Corp), Limited Liability Company Agreement

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Maintenance of Books; Financial Reports. The books and financial records of the Company shall be maintained according to U.S. GAAP, consistently applied. The Company shall provide to each Member, within ten (10) days following the end of each month, quarter and fiscal year, such financial reports (balance sheet, income statement and supporting data) as each Member shall reasonably require for the purposes of its financial reporting; provided, however, that upon the request of any Member and at the Company’s 's expense, the Company shall prepare, and the Company’s 's independent financial auditors shall review, financial statements which satisfy such Member’s 's financial reporting requirements.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Alcoa Inc)

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