Common use of Method of Accounting Clause in Contracts

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 46 contracts

Samples: Limited Liability Company Agreement (U.S. Well Services Holdings, LLC), Operating Agreement (Exelon Generation Co LLC), Limited Liability (HFF, Inc.)

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Method of Accounting. The Member Members shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and the Board of Managers shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound generally accepted accounting principles consistently applied.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/)

Method of Accounting. The Managing Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (European Wax Center, Inc.), Limited Liability Company Agreement (European Wax Center, Inc.)

Method of Accounting. The Class A Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlas Pipeline Partners Lp)

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.. 8.3

Appears in 1 contract

Samples: Operating Agreement of Allegheny (Allegheny Energy Inc)

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Method of Accounting. The Member Managers shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 1 contract

Samples: Operating Agreement (Stratus Services Group Inc)

Method of Accounting. The Member Managers shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound generally accepted accounting principles consistently appliedprinciples.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Allegheny Energy Inc)

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.. HUI-159617v3 - 4 -

Appears in 1 contract

Samples: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

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