Common use of Reliance on Accountants Clause in Contracts

Reliance on Accountants. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the General Partner, to the extent consistent with the terms of this Agreement, in accordance with GAAP and procedures applied in a consistent manner. The General Partner may in good faith rely upon the advice of the Partnership’s accountants as to whether such decisions are in accordance with GAAP and procedures applied in a consistent manner.

Appears in 2 contracts

Samples: Agreement of Limited Partnership (BGC Partners, Inc.), Agreement of Limited Partnership (BGC Partners, Inc.)

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Reliance on Accountants. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the General Partner, to the extent consistent with the terms of this Agreement, in accordance with GAAP generally accepted accounting principles and procedures applied in a consistent manner. The General Partner may in good faith rely upon the advice of the Partnership’s accountants as to whether such decisions are in accordance with GAAP and procedures applied in a consistent mannergenerally accepted accounting principles.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Avalonbay Communities Inc), Limited Partnership Agreement (Avalonbay Communities Inc)

Reliance on Accountants. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the General Partner, to the extent consistent with the terms of this Agreement, in accordance with GAAP generally accepted accounting principles and procedures applied in a consistent manner. The General Partner may in good faith rely exclusively upon the advice of the Investment Partnership’s accountants as to whether such 1051492.09-NYCSR02A - MSW decisions are in accordance with GAAP generally accepted accounting principles and procedures practices applied in a consistent manner.

Appears in 1 contract

Samples: Limited Liability Company Agreement (NorthStar Healthcare Income, Inc.)

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Reliance on Accountants. All decisions as to accounting matters, except as specifically provided to the contrary herein, shall be made by the General Partner, to the extent consistent with the terms of this Agreement, in accordance with GAAP generally accepted accounting principles and procedures applied in a consistent manner. The General Partner may in good faith rely upon the advice of the Partnership’s 's accountants as to whether such decisions are in accordance with GAAP and procedures applied in a consistent mannergenerally accepted accounting principles.

Appears in 1 contract

Samples: Limited Partnership Agreement (Beacon Capital Partners Inc)

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