Common use of Records, Audits and Reports Clause in Contracts

Records, Audits and Reports. The Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum the Company shall keep at its principal place of business the following records: (i) A copy of the Articles of Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any articles of amendment have been executed; (ii) Copies of the Company’s federal, state, and local income tax returns and financial statements for the three most recent years, or, if such returns or statements were not prepared for any reason, copies of the information and statements provided to the Member to enable it to prepare any federal, state and local tax returns required of it for such period; (iii) Copies of the Company’s current effective Operating Agreement and all amendments thereto and copies of any Operating Agreements no longer in effect; (iv) A writing setting forth the amount of cash, if any, and a statement of the agreed value of other property or services contributed by the Members; (v) A writing stating events, if any, upon the happening of which the Company is to be dissolved and its affairs wound up; and (vi) Other material records of the Company.

Records, Audits and Reports. The Managers Officer(s) shall maintain records and accounts of all operations and expenditures of the Company. At a minimum the Company shall keep at its principal place of business the following records: (i) A copy of the Articles of Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any articles of amendment have been executed; (ii) Copies of the Company’s federal, state, and local income tax returns and financial statements for the three most recent years, or, if such returns or statements were not prepared for any reason, copies of the information and statements provided to the Member to enable it to prepare any federal, state and local tax returns required of it for such period; (iii) Copies of the Company’s current effective Operating Agreement and all amendments thereto and copies of any Operating Agreements no longer in effect; (iv) A writing setting forth the amount of cash, if any, and a statement of the agreed value of other property or services contributed by the MembersMember; (v) A writing stating events, if any, upon the happening of which the Company is to be dissolved and its affairs wound up; and (vi) Other material records of the Companywritings, if any, prepared pursuant to a requirement in this Operating Agreement.

Records, Audits and Reports. The Board of Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum the Company shall keep at its principal place of business the following records: (i) A copy of the Articles of Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any articles of amendment have been executed; (ii) Copies of the Company’s federal, state, and local income tax returns and financial statements for the three most recent years, or, if such returns or statements were not prepared for any reason, copies of the information and statements provided to the Member to enable it to prepare any federal, state and local tax returns required of it for such period; (iii) Copies of the Company’s current effective Operating Agreement and all amendments thereto and copies of any Operating Agreements no longer in effect; (iv) A writing setting forth the amount of cash, if any, and a statement of the agreed value of other property or services contributed by the MembersMember; (v) A writing stating events, if any, upon the happening of which the Company is to be dissolved and its affairs wound up; and (vi) Other material records of the Companywritings, if any, prepared pursuant to a requirement in this Operating Agreement.

Records, Audits and Reports. The Managers Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum the Company shall keep at its principal place of business the following records: (i) A copy of the Articles of Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any articles of amendment have been executed; (ii) Copies of the Company’s federal, state, and local income tax returns and financial statements for the three most recent years, or, if such returns or statements were not prepared for any reason, copies of the information and statements provided to the Member to enable it to prepare any federal, state and local tax returns required of it for such period; (iii) Copies of the Company’s current effective Operating Agreement and all amendments thereto and copies of any Operating Agreements no longer in effect; (iv) A writing setting forth the amount of cash, if any, and a statement of the agreed value of other property or services contributed by the MembersMember; (v) A writing stating events, if any, upon the happening of which the Company is to be dissolved and its affairs wound up; and (vi) Other material records of the Companywritings, if any, prepared pursuant to a requirement in this Operating Agreement.

Records, Audits and Reports. The Managers Manager(s) shall maintain records and accounts of all operations and expenditures of the Company. At a minimum the Company shall keep at its principal place of business the following records: (i) A copy of the Articles of Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any articles of amendment have been executed; (ii) Copies of the Company’s federal, state, and local income tax returns and financial statements for the three most recent years, or, if such returns or statements were not prepared for any reason, copies of the information and statements provided to the Member to enable it to prepare any federal, state and local tax returns required of it for such period; (iii) Copies of the Company’s current effective Operating Agreement and all amendments thereto and copies of any Operating Agreements no longer in effect; (iv) A writing setting forth the amount of cash, if any, and a statement of the agreed value of other property or services contributed by the MembersMember; (v) A writing stating events, if any, upon the happening of which the Company is to be dissolved and its affairs wound up; and (vi) Other material records of the Companywritings, if any, prepared pursuant to a requirement in this Operating Agreement.