Periodic Accounting. The Partnership shall have its books of account and accounting records maintained on an annual, unaudited tax accounting basis. The accounts shall readily disclose items which the Partners take into account separately for income tax purposes. As to matters of accounting not provided for in this Agreement, reports of the Partnership shall be consistent with the books and records of the Partnership.
Periodic Accounting. Within sixty (60) days following a Valuation Date, the Trustee shall deliver to Alliant a written accounting, dated as of the Valuation Date, of its administration of the Trust Fund during the period from the most recent Valuation Date to the date of such current Valuation Date, which accounting shall be in accordance with the following provisions:
(a) Such accounting shall set forth all investments, receipts, disbursements, and other transactions effected by the Trustee during the period from the most recent Valuation Date to the date of such current Valuation Date, including a description of all securities and investments purchased and sold, with the cost or net proceeds of such purchases or sales (accrued interest paid or receivable being shown separately), and showing all cash, securities and other property held in the Trust Fund at the end of such year or other period, as the case may be. In making a valuation, all cash, securities or other property held in the Trust Fund shall be valued at their then fair market value and insurance policies shall be valued at net cash surrender value. The accounting shall be in a format as may be mutually agreed upon by the Trustee and Alliant.
(b) If within ninety (90) days after the delivery of such written accounting, Alliant has not delivered to the Trustee notice of any objection to any act or transaction of the Trustee, the initial accounting shall become an account stated as between the Trustee and Alliant. If any objection has been delivered to the Trustee by Alliant, and if Alliant is satisfied that it should be withdrawn, Alliant shall signify its approval of the accounting in writing filed with the Trustee, and the accounting shall become an account stated as between the Trustee and Alliant. If the accounting is adjusted following an objection thereto, the Trustee shall file and deliver the adjusted accounting to Alliant. If within fifteen (15) days after such filing of an adjusted accounting, Alliant has not delivered to the Trustee notice of any objection to the transactions as so adjusted, the adjusted accounting shall become an account stated as between the Trustee and Alliant.
Periodic Accounting. Within 60 days after such Anniversary Date, and at such other times as the Company or Committee may reasonably direct or as ERISA may require, the Trustee shall prepare and deliver to the Company and Committee an accounting of the administration of the Trust, which accounting shall include a description of all assets then comprising the Trust Fund and shall be in such further detail as the Company or Committee may reasonably request. Within 90 days after receiving such accounting, the Company and Committee, respectively, shall notify the Trustee in writing whether or not such accounting is approved; and unless so disapproved, it shall be deemed to be approved. It is in addition agreed:
(1) Either the Company or the Committee or both may require the Trustee to furnish such other or additional information with respect to the administration of the Trust as may be reasonably necessary or desirable prior to determining upon the approval thereof; and in such event the aforesaid 90-day period shall be tolled until such information is received by the party requesting it.
(2) If the Company or Committee shall notify the Trustee that the aforesaid accounting is not approved, an audit or opinion shall xxxxxxxxx xx xxxe by an independent public accountant or accountants chosen by the Company or Committee, as the case may be. Upon completion of such audit or opinion, any errors in the accounting shall be corrected, and the corrected accounting shall be deemed to be approved by the Company and Committee.
(3) The approval by the Company and Committee of the accounting or corrected accounting shall constitute an account stated between the Company, Committee, Trustee, all Participants, all Beneficiaries, and any other Persons having any interest in the Trust or Plan.
(4) Nothing in this Paragraph (i) shall prevent the Trustee from having an accounting settled and allowed by, or being required by the Company or Committee to account in, a court of competent jurisdiction.
(5) The foregoing provisions of this Paragraph (i) are subject to the provisions of ERISA.
Periodic Accounting. 6.1 Within ten days after each calendar month, or quarter, and on termination of this agreement, Broker wil deliver to Owner a Statement of Account for all receipts and expenditures, together with a check to Owner for any funds in excess of minimum reserves under §3.2.
6.2 Amounts to compensate Broker under §4 may be withdrawn from the trust account.
6.3 Each Statement of Account delivered by Broker will include no less than the following information for the period:
a. Amount of security deposits received or refunded.
b. Amount of rent or receipts, itemized by unit.
c. An itemized description of disbursements.
d. End of month balance of the income, expense and security deposit trust accounts.
6.4 Broker to reserve and disburse from the trust account any property and employee taxes, special assessments, insurance premiums, loan payments and other payments required to be made by the owner.
6.5 Advertising costs incurred to locate new tenants to be paid by Owner, or by Broker.
Periodic Accounting. 6.1 Within ten days after each calendar month, or quarter, and on termination of this agreement, Broker wil deliver to Owner a Statement of Account for all receipts and expenditures, together with a check to Owner for any funds in excess of minimum reserves under §3.2.
6.2 Amounts to compensate Broker under §4 may be withdrawn from the trust account.
6.3 Each Statement of Account delivered by Broker will include no less than the following information for the period:
a. Amount of security deposits received or refunded.
b. Amount of rent or receipts, itemized by unit.
c. An itemized description of disbursements.
d. End of month balance of the income, expense and security deposit trust accounts.
Periodic Accounting. During the period that VIACELL is required to make any payments pursuant to this Section 8.1, for each of the expenditures described in Sections (a) through (c) above, GAMETE shall provide to VIACELL on a periodic basis (no less frequently than quarterly) a detailed accounting of GAMETE's expenditures in such period.
Periodic Accounting. Within twenty (20) days after the close of each Accounting Period, Manager shall submit paper and electronic copies of an accounting to Lessee, in form satisfactory to Lessee, showing Manager’s computation of Gross Revenues, Deductions, Operating Profit, Available Cash Flow and distributions for such Accounting Period and for the Fiscal Year to date. Notwithstanding the foregoing, Manager shall deliver to Lessee on a daily basis electronic “flash” reports with respect to revenue, the average daily rate and occupancy for the Hotel.
Periodic Accounting. Valley shall prepare for and furnish to the Trustees for delivery to the Company a periodic accounting of the Master Trusts as requested from time to time by the Trustees (but not less than annually), as contemplated in Article 5.L. of Trust Agreement No. 1 and Article 5.M. of Trust Agreement No. 2.
Periodic Accounting. CVH must cause to be prepared monthly and also upon the conclusion of the FRAC Project detailed statements of all moneys received together with accounts showing income and outgoings of the FRAC Project.
Periodic Accounting. When any compensation formula provides any payment to Provider which may be contingent on the occurrence of particular events or on the meeting of specified utilization targets, PROVIDER shall be entitled to receive an annual report with respect to such contingencies and the compensation derived therefrom. Such compensation formula, if any, is intended solely to encourage the cost effective delivery of Medically Appropriate Covered Services and not to provide a financial incentive to PROVIDER to deny Medically Appropriate Covered Services. Any dispute regarding such periodic accounting shall be resolved in accordance with Section X.1 of the Agreement.
