Common use of Maintenance of Books Clause in Contracts

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the accrual method of accounting in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, of the Members shall be maintained in accordance with Section 4.6. The accounting year of the Company shall be the same as its taxable year.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Internet Capital Group Inc), Limited Liability Company Agreement (Internet Capital Group Inc)

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Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its the Board and the Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this AgreementAgreement and GAAP, except that the capital accounts, Capital Accounts of the Members shall will be maintained in accordance with Section 4.64.5. The accounting year of the Company shall will be determined by the Board. The initial custodian of the company records will be the same as its taxable yearTax Matters Partner.

Appears in 2 contracts

Samples: Acknowledgment and Acceptance Agreement (El Paso Corp/De), Acknowledgment and Acceptance Agreement (Enterprise Products Partners L P)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers Members and each committee of the Managerscommittee. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.65.7. The calendar year shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 2 contracts

Samples: Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc)

Maintenance of Books. The Company shall keep books and records of accounts (including a list of the names, addresses, Capital Contributions and Membership Interests of all Members) and shall keep minutes of the proceedings of its MembersMembers at its registered office or principal place of business, or at the office of its Managers and each committee of the Managerstransfer agent or registrar. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this AgreementAgreement and GAAP, except that the capital accounts, Capital Accounts of the Members shall be maintained in accordance with Section 4.6. Exhibit B. The accounting year of the Company shall be the same as its taxable yearFiscal Year.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Inergy Storage, Inc.), Limited Liability Company Agreement (Crestwood Midstream Partners LP)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this Agreementprinciples, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.6as provided herein. The accounting year of the Company December 31 shall be the same as its taxable yearaccounting and fiscal year end of the Company.

Appears in 1 contract

Samples: Operating Agreement (TB Wood's INC)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this AgreementAgreement and GAAP, except that the capital accounts, Capital Accounts of the Members shall be maintained in accordance with Section 4.64.5. The accounting year of the Company shall be determined by the same as its taxable yearCompany. The initial custodian of the company records shall be the Tax Matters Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members, its Managers and each committee of the ManagersPartners. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this AgreementAgreement and GAAP, except that the capital accounts, of the Members shall Capital Accounts will be maintained in accordance with Section 4.64.5. The accounting year of the Company shall will be determined by the Company. The initial custodian of the company records will be the same as its taxable yearOperator.

Appears in 1 contract

Samples: Performance Guaranty Agreement (Teppco Partners Lp)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account accounts for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this Agreementthese Regulations, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.65.7. The year ending December 31 shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Lease Agreement (United Surgical Partners International Inc)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members, its Managers the Members and each committee of the ManagersManager. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the accrual method of accounting a cash basis in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, Capital Accounts of the Members shall will be maintained in accordance with Section 4.64.3 of this Agreement. The calendar year will be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement

Maintenance of Books. The Company shall will keep books and records of accounts (including a list of the names, addresses, Capital Contributions, and shall issued and outstanding Units) and will keep minutes of the proceedings of its Members, its Managers and each committee of the ManagersBoard. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the an accrual method of accounting in accordance with generally accepted accounting principles basis under this Agreement and the terms of this AgreementGAAP, except that the capital accounts, Capital Accounts of the Members shall will be maintained in accordance with under Section 4.6. The accounting year of the Company shall will be the same as its taxable yearFiscal Year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Unit Corp)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its the Members, its the Board of Managers and each committee of the Board of Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on in accordance with the accrual accounting method selected by the Board of accounting Managers (or in accordance with generally accepted accounting principles and in the terms absence of this Agreement, except that the capital accounts, of the Members any such selection) consistently applied. The calendar year shall be maintained in accordance with Section 4.6. The the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Agreement of Limited Liability Company (Scotia Pacific Co LLC)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records set forth on Exhibit B. The books of account for the Company shall be --------- maintained on the accrual method of accounting a cash basis in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, Capital Accounts of the Members shall be maintained in accordance with Section 4.64.04. The calendar year shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement (Maverick Oil & Gas, Inc.)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members, its Managers the Members and each committee of the ManagersManager. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the accrual method of accounting a cash basis in accordance with generally accepted accounting principles and the terms of this the Agreement, except that the capital accounts, accounts of the Members shall will be maintained in accordance with Section 4.64.04 of this Agreement. The calendar year will be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement

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Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers Board of Directors and each committee of the ManagersBoard of Directors. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on such basis as may be recommended from time to time by the accrual method of accounting in accordance with generally accepted accounting principles and certified public accountant regularly employed by the terms of this Agreement, except that the capital accounts, of the Members Company. The calendar year shall be maintained in accordance with Section 4.6. The the accounting year of the Company. The Company shall be maintain the same as its taxable yearrecords and information required by Section 1319 of the Act.

Appears in 1 contract

Samples: Operating Agreement (PetroQuest Energy, L.L.C.)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers Board and each committee of the ManagersBoard. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis, if available and appropriate, in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, Capital Accounts of the Members shall be maintained in accordance with Section 4.6Article IV. The Fiscal Year shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement (Numerex Corp /Pa/)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members, its Managers Member and each committee of the ManagersMember. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall will be --------- maintained on the accrual method of accounting a cash basis in accordance with generally accepted accounting principles and the terms of this Agreementthese Regulations, except that the capital accounts, accounts of the Members shall Member will be maintained in accordance with Section 4.64.06. The calendar year will be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the ManagersMember(s). The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the accrual cash basis in accordance with such method of accounting in accordance with generally accepted accounting principles and as may be adopted by the terms of this AgreementCompany from time to time, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.6as provided herein. The accounting year of the Company December 31 shall be the same as its taxable yearaccounting and fiscal year end of the Company.

Appears in 1 contract

Samples: Operating Agreement (IDQ Operating, Inc.)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the accrual method of accounting a cash basis in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.64.04. The calendar year shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Company Agreement (Hall Structured Finance II, LLC)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers Members and each committee of the Managerscommittee. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on the an accrual method of accounting basis in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, accounts of the Members shall be maintained in accordance with Section 4.65.8. The calendar year shall be the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement (Public Service Co of North Carolina Inc)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members, its Managers and each committee of the Managersaccounts. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on a basis determined by the accrual method of accounting in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts, of the Members. The Members shall be maintained in accordance with Section 4.6. The determine the accounting year of the Company shall be the same as its taxable yearCompany.

Appears in 1 contract

Samples: Operating Agreement (Connect Invest II LLC)

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