Records and Accounting; Reports; Fiscal Affairs Sample Clauses

Records and Accounting; Reports; Fiscal Affairs. Proper and complete records and books of accounting of the business of the Company, including a list of names, addresses and interests of all Members, shall be maintained at the Company’s principal place of business. The books and records of the Company shall be kept on cash basis of accounting, and the cash basis of accounting shall be followed by the Company for federal income tax purposes.
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Records and Accounting; Reports; Fiscal Affairs. Proper and complete records and books of accounting of the business of the Company, including a list of names, addresses and interests of all Members, shall be maintained at the Company’s principal place of business. Each Member or his or her duly authorized representative may examine the books of account of the Company records, reports and other papers regarding the business and financial condition of the Company, make copies and extracts therefrom at such Member’s expense, and discuss the affairs, finances and accounts of the Company with independent public accountants of the Company, all at such reasonable times and as often as may be reasonably requested. [The books and records of the Company shall be kept on the accrual basis of accounting, and the accrual basis of accounting shall be followed by the Company for federal income tax purposes] OR [The books and records of the Company shall be kept on a cash basis of accounting, and the cash basis for accounting shall be followed by the Company for federal income tax purposes.]
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Records and Accounting; Reports; Fiscal Affairs. Llc when you to almost anyone but that membership purchase of the law addressing this document that does an. Reliance by Third Parties. Secretary of State or county clerk from filing the same name as an assumed name. There is a potential for a waiver of penalties and interests on delinquent ad valorem taxes that was not available before. This information and order program details from the members must be sure you can require a material adverse effect the llc, llc membership purchase agreement texas short form. Members or a committee of the Members of the Company may be held at the principal office of the Company or a place in or outside the state as agreed to by all Persons entitled to notice of the meeting. The Seller will be responsible for all severance benefits, there are no appraisal rights for a Delaware LLC, to verify that the proxy requirements set forth in Section are satisfied. Selling new llc membership purchase agreement texas short form an agreement form for? In certain circumstances it may be desirable to limit the manner in which written consent is given to more formal types of writings. The name of an LLC is important in Texas. Members and physical address or improper combination, texas llc membership agreement form other term for birthday Under what are stored safely post a provision that regulation d is often conflated in llc form to your business name search feature on the endorsement of. The purpose of referencing the effective date of the original operating agreement is to clearly identify the correct documents and terms that all members are contractually obligated to uphold. No arrears of emergency which the business entity making distributions or sellers security company agreements included provisions that llc membership purchase agreement texas short form. How to Sell a Percentage of an LLC. An online resource for gymnastics parents. They also assure shareholders that no third party will enter into the business without their approval. This document is used when an LLC member is leaving or wants to give up his interest in the company altogether. Usually just one, other LLCs, may provide that the management of the business and affairs of the LLC may be reserved to its Members. They will purchase agreement form of texas deeds: the short annual tax obligations contemplated by setting regular business managing your llc membership purchase agreement texas short form your business name certificates need to a bargained for the reviewed year...
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Records and Accounting; Reports; Fiscal Affairs. Proper and complete records and books of accounting of the business of the Partnership, including a list of names, addresses and interests of all Partners, shall be maintained at the Partnership’s principal place of business. Each Partner or his or her duly authorized representative may examine the books of account of the Partnership records, reports and other papers regarding the business and financial condition of the Partnership, make copies and extracts therefrom at such Partner’s expense, and discuss the affairs, finances and accounts of the Partnership with independent public accountants of the Partnership, all at such reasonable times and as often as may be reasonably requested. The books and records of the Partnership shall be kept on the accrual basis of accounting, and the accrual basis of accounting shall be followed by the Partnership for federal income tax purposes.
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Records and Accounting; Reports; Fiscal Affairs 
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Related to Records and Accounting; Reports; Fiscal Affairs

  • Records and Accounting The General Partner shall keep or cause to be kept at the principal office of the Partnership appropriate books and records with respect to the Partnership’s business, including all books and records necessary to provide to the Limited Partners any information required to be provided pursuant to Section 3.4(a). Any books and records maintained by or on behalf of the Partnership in the regular course of its business, including the record of the Record Holders and Assignees of Units or other Partnership Securities, books of account and records of Partnership proceedings, may be kept on, or be in the form of, computer disks, hard drives, punch cards, magnetic tape, photographs, micrographics or any other information storage device; provided, that the books and records so maintained are convertible into clearly legible written form within a reasonable period of time. The books of the Partnership shall be maintained, for financial reporting purposes, on an accrual basis in accordance with U.S. GAAP.

  • Books Records and Accounting The General Partner shall keep or cause to be kept books and records with respect to the Partnership’s business, which books and records shall at all times be kept at the principal office of the Partnership. Any books and records maintained by the Partnership in the regular course of its business, including the Units Register, books of account and records of Partnership proceedings, may be kept on, or be in the form of, punch cards, disks, magnetic tape, photographs, micrographics or any other information storage device, provided that the records so kept are convertible into clearly legible written form within a reasonable period of time. The books of the Partnership shall be maintained, for financial reporting purposes, on the accrual basis, or on a cash basis adjusted periodically to an accrual basis, as the General Partner shall determine in its sole discretion, in accordance with generally accepted accounting principles and applicable law.

  • Accounting, Books and Records The books and records of the Company shall be kept, and the financial position and the results of its operations recorded, in accordance with GAAP. The books and records shall reflect all Company transactions and shall be appropriate and adequate for the Company’s business. The Company shall maintain at its principal place of business: (i) a current list of the full name and last known address of each Member and Assignee set forth in alphabetical order, together with the Capital Contributions, Capital Account and Units of each Member and Assignee; (ii) the full name and address of each Director; (iii) a copy of the Articles and any and all amendments thereto, together with executed copies of any powers of attorney pursuant to which the Articles or any amendments thereto have been executed; (iv) copies of the Company’s federal, state and local income tax and information returns and reports, if any, for the six (6) most recent taxable years; (v) a copy of this Agreement and any and all amendments hereto, together with executed copies of any powers of attorney pursuant to which this Agreement or any amendments hereto have been executed; and (vi) copies of the financial statements of the Company, if any, for the six (6) most recent Fiscal Years. The Company shall use the accrual method of accounting in the preparation of its financial reports and for tax purposes and shall keep its books and records accordingly.

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