Records Accounting and Reports. (a) The books of account and records of the Partnership shall be located at such place as may be specified by the General Partner and shall be kept and maintained on an accrual basis in accordance with generally accepted accounting principles. (b) Any records maintained by or on behalf of the Partnership in the regular course of its business may be kept on, or be in the form of, computer disks, magnetic tape, photographs, micrographics or any other information storage device; provided that the records so maintained are convertible into clearly legible written form within a reasonable period of time. (c) As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Year, the General Partner shall cause to be mailed to each Limited Partner as of the close of the Partnership Year, an annual report containing financial statements of the Partnership, or of the General Partner if such statements are prepared on a consolidated basis with the General Partner, for such Partnership Year, presented in accordance with GAAP, such statements to be audited by a nationally recognized firm of independent public accountants selected by the General Partner. The mailing of copies of the General Partner’s or the Partnership’s annual report on Form 10-K to the Limited Partners shall constitute compliance with this subsection. (d) As soon as practicable, but in no event later than sixty (60) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed to each Limited Partner as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General Partner, if such statements are prepared on a consolidated basis with the General Partner, and such other information as may be required by applicable law or regulation, or as the General Partner determines to be appropriate. The mailing of copies of the General Partner’s or the Partnership’s quarterly report on Form 10-Q to the Limited Partners shall constitute compliance with this subsection.
Appears in 3 contracts
Samples: Limited Partnership Agreement (Duke Realty Limited Partnership/), Limited Partnership Agreement (Duke Realty Limited Partnership/), Limited Partnership Agreement (Duke Realty Limited Partnership/)
Records Accounting and Reports. (a) The books of account and records of the Partnership shall be located at such place as may be specified by the General Partner and shall be kept and maintained on an accrual basis in accordance with generally accepted accounting principles.
(b) Any records maintained by or on behalf of the Partnership in the regular course of its business may be kept on, or be in the form of, computer disks, magnetic tape, photographs, micrographics or any other information storage device; provided that the records so maintained are convertible into clearly legible written form within a reasonable period of time.
(c) As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Year, the General Partner shall cause to be mailed to each Limited Partner as of the close of the Partnership Year, an annual report on Form 10-K containing financial statements of the Partnership, or of the General Partner if such statements are prepared on a consolidated basis with the General Partner, for such Partnership Year, presented in accordance with GAAP, such statements to be audited by a nationally recognized firm of independent public accountants selected by the General Partner. If such annual reports on Form 10-K for the General Partner or the Partnership are available on the General Partner’s website, then the General Partner may elect to notify the Limited Partners that such information is available and direct the Limited Partners to the exact website address at which the documents may be downloaded. The mailing of copies of the General Partner’s or the Partnership’s annual report on Form 10-K to the Limited Partners, or the notification provided to the Limited Partners regarding the website availability thereof, shall constitute compliance with this subsection.
(d) As soon as practicable, but in no event later than sixty (60) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed to each Limited Partner as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General Partner, if such statements are prepared on a consolidated basis with the General Partner, and such other information as may be required by applicable law or regulation, or as the General Partner determines to be appropriate. If such quarterly reports on Form 10-Q for the General Partner or the Partnership are available on the General Partner’s website, then the General Partner may elect to notify the Limited Partners that such information is available and direct the Limited Partners to the exact website address at which the documents may be downloaded. The mailing of copies of the General Partner’s or the Partnership’s quarterly report on Form 10-Q to the Limited Partners, or the notification provided to the Limited Partners regarding the website availability thereof, shall constitute compliance with this subsection.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Duke Realty Limited Partnership/), Limited Partnership Agreement (Duke Realty Limited Partnership/)
Records Accounting and Reports. (a) The books of account and records of the Partnership shall be located at such place as may be specified by the General Partner and shall be kept and maintained on an accrual basis in accordance with generally accepted accounting principles.
(b) Any records maintained by or on behalf of the Partnership in the regular course of its business may be kept on, or be in the form of, computer disks, magnetic tape, photographs, micrographics or any other information storage device; provided that PROVIDED THAT the records so maintained are convertible into clearly legible written form within a reasonable period of time.
(c) As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Year, the General Partner shall cause to be mailed to each Limited Partner as of the close of the Partnership Year, an annual report containing financial statements of the Partnership, or of the General Partner Parent if such statements are prepared on a consolidated basis with the General PartnerParent, for such Partnership Year, presented in accordance with GAAP, such statements to be audited by a nationally recognized firm of independent public accountants selected by the General Partner. The mailing of copies of the General Partner’s Parent's or the Partnership’s 's annual report on Form 10-K to the Limited Partners shall constitute compliance with this subsection.
(d) As soon as practicable, but in no event later than sixty (60) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed to each Limited Partner as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General PartnerParent, if such statements are prepared on a consolidated basis with the General PartnerParent, and such other information as may be required by applicable law or regulation, or as the General Partner determines to be appropriate. The mailing of copies of the General Partner’s Parent's or the Partnership’s 's quarterly report on Form 10-Q to the Limited Partners shall constitute compliance with this subsection.
Appears in 1 contract
Samples: Limited Partnership Agreement (Duke Realty Investments Inc)
Records Accounting and Reports. (a) The books of account and records of the Partnership shall be located at such place as may be specified by the General Partner and shall be kept and maintained on an accrual basis in accordance with generally accepted accounting principles.
(b) Any records maintained by or on behalf of the Partnership in the regular course of its business may be kept on, or be in the form of, computer diskspunch cards, magnetic tape, photographs, micrographics or any other information storage device; provided that PROVIDED THAT the records so maintained are convertible into clearly legible written form within a reasonable period of time.
(c) As soon as practicable, but in no event later than one hundred five (105) days after the close of each Partnership Year, the General Partner shall cause to be mailed delivered to each Limited Partner as of the close of the Partnership Year, an annual report containing financial statements of the Partnership, or of the General Partner DRE if such statements are prepared on a consolidated basis with the General PartnerDRE, for such Partnership Year, presented in accordance with GAAPgenerally accepted accounting principles, such statements to be audited by a nationally recognized firm of independent public accountants selected by the General Partner. The mailing of copies of the General Partner’s or the Partnership’s DRE's annual report on Form 10-K to the Limited Partners shall constitute compliance with this subsection.
(d) As soon as practicable, but in no event later than sixty (60) days after the close of each calendar quarter (except the last calendar quarter of each year), the General Partner shall cause to be mailed delivered to each Limited Partner as of the last day of the calendar quarter, a report containing unaudited financial statements of the Partnership, or of the General PartnerDRE, if such statements are prepared on a consolidated basis with the General PartnerDRE, and such other information as may be required by applicable law or regulation, or as the General Partner determines to be appropriate. The mailing of copies of the General Partner’s or the Partnership’s DRE's quarterly report on Form 10-Q to the Limited Partners shall constitute compliance with this subsection.
Appears in 1 contract
Samples: Limited Partnership Agreement (Duke Realty Investments Inc)