Common use of Books, Records and Tax Returns Clause in Contracts

Books, Records and Tax Returns. Single Member (Applies ONLY if Single-Member): The Company shall maintain complete and accurate books and records of the Company's business and affairs as required by the Statutes, and such books and records shall be kept at the Company's Registered Office and shall in all respects be independent of the books, records, and transactions of the Member(s). The Company's fiscal year shall be the calendar year with an ending month of December. The Member(s) intends that the Company, as a Single-Member LLC, shall be taxed as a sole proprietorship in accordance with the provisions of the Internal Revenue Code. Any provisions herein that may cause the Company not to be taxed as a sole proprietorship shall be inoperative. Multi-Member (Applies ONLY if Multi-Member): The Member(s), or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish the Member(s), within seventy-five (75) days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement, a capital account statement: and the amount of such Member(s)'s share of the Company's income, gain, losses, deductions, and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State, and local income tax and information returns for the Company and shall cause such tax and information returns to be timely filed. Within seventy-five (75) days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member a current list of the names and addresses of all of the Member(s) of the Company, and any other persons or entities having any financial interest in the Company.

Books, Records and Tax Returns. Single Single-Member (Applies ONLY if Single-Member): The Company shall maintain complete and accurate books and records of the Company's business and affairs as required by the Statutes, and such books and records shall be kept at the Company's Registered Office and shall in all respects be independent of the books, records, and transactions of the Member(s). The Company's fiscal year shall be the calendar year with an ending month of December. The Member(s) Member intends that the Company, as a Single-Member LLC, shall be taxed as a sole proprietorship in accordance with the provisions of the Internal Revenue Code. Any provisions herein that may cause the Company not to be taxed as a sole proprietorship shall be inoperative. Multi-Member (Applies ONLY if Multi-Member): The Member(s)Members, or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish the Member(s)Members, within seventy-five (75) days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement, a capital account statement: , and the amount of such Member(s)each Member's share of the Company's income, gain, losses, deductions, and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State, and local income tax and information returns for the Company and shall cause such tax and information returns to be timely filed. Within seventy-five (75) days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member a current list of the names and addresses of all of the Member(s) Members of the Company, and any other persons or entities having any financial interest in the Company.

Books, Records and Tax Returns. Single Member (Applies ONLY if Single-Member): The Company shall maintain complete and accurate books and records At all times during the continuance of the Limited Liability Company's business and affairs as required by , the Statutes, and such books and records Manager shall keep or cause to be kept at the Company's Registered Office and shall in all respects be independent of the books, records, and transactions of the Member(s). The Company's fiscal year shall be the calendar year with an ending month of December. The Member(s) intends that the Company, as a Single-Member LLC, shall be taxed as a sole proprietorship in accordance with the provisions of the Internal Revenue Code. Any provisions herein that may cause the Company not to be taxed as a sole proprietorship shall be inoperative. Multi-Member (Applies ONLY if Multi-Member): The Member(s), or their designees, shall maintain complete and accurate records and books of account in which shall be entered each transaction of the Company’s transactions Limited Liability Company in accordance with generally accepted accounting principles. The Limited Liability Company shall furnish the Member(s)to each Member, within seventy-five (75) days after the end of each fiscal year, an annual report of the Limited Liability Company including which shall include a balance sheet, sheet as of the end of such fiscal year; a profit and loss statement, statement of the Limited Liability Company for such fiscal year; a statement of the balance in the capital account statement: of such Member; and the amount of such Member(s)Member's share of the Limited Liability Company's income, gain, losses, deductions, deductions and other relevant items for federal income tax purposes. The Limited Liability Company shall prepare or cause to be prepared all Federalfederal, State, state and local income tax and information returns for the Company Limited Liability Company, and shall cause such tax and information returns to be filed timely filedwith the appropriate governmental authorities. Within seventy-five (75) days after the end of each fiscal year, the Limited Liability Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Limited Liability Company’s 's information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Limited Liability Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Limited Liability Company by the affirmative unanimous vote or consent of Member(s) holding the Members. The tax matters partner shall take such action as may be necessary to cause each other Member to become a majority notice member within the meaning of Section 6223 of the Code. The tax matters partner may not take any action contemplated by Sections 6222 through 6232 of the Code without the consent of the Limited Liability Company by the unanimous vote or consent of the Members’ Percentage Interests. Upon request, the The Limited Liability Company shall furnish to each Member Member, promptly upon request, a current list of the names and addresses of all of the Member(s) Manager and Members of the Limited Liability Company, and any other persons or entities having any financial interest in the Limited Liability Company.

Books, Records and Tax Returns. Single Member (Applies ONLY if SingleCHECK ONE) ☐ - SINGLE-Member): MEMBER: The Company shall maintain complete and accurate books and records of the Company's business and affairs as required by the Statutes, Statutes and such books and records shall be kept at the Company's Registered Office and shall in all respects be independent of the books, records, records and transactions of the Member(s)Member. The Company's fiscal year shall be the calendar year with an ending month of December. The Member(s) Member intends that the Company, as a Single-Member single member LLC, shall be taxed as a sole proprietorship in accordance with the provisions of the Internal Revenue Code. Any provisions herein that may cause the Company not to be taxed as a sole proprietorship shall be inoperative. Multi- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - OR - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ☐ - MULTI-Member (Applies ONLY if Multi-Member): MEMBER: The Member(s)Members, or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish the Member(s)each Member, within seventy-five (75) days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement, statement a capital account statement: ; and the amount of such Member(s)'s Member’s share of the Company's ’s income, gain, losses, deductions, deductions and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State, State and local income tax and information returns for the Company Company, and shall cause such tax and information returns to be timely filed. Within seventy-five (75) days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Member(s) Members holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member Member, a current list of the names and addresses of all of the Member(s) Members of the Company, and any other persons or entities having any financial interest in the Company.

Books, Records and Tax Returns. Single Member (Applies ONLY if Single-Member): The Company shall will create and properly maintain records and books that are complete and accurate accurate. These records and books shall detail the Company’s affairs and business as outlined by Xxxxxxxx, and these books and records will be kept in the registered office of the Company's business Company and affairs as required by be separate from the Statutesrecords and books of the Member. For the purpose of record keeping and books, and such books and records shall be kept at the Company's Registered Office and shall in all respects be independent of the books, records, and transactions of the Member(s). The Company's ’s fiscal year shall will be the calendar year with an twelve-month period ending month of in December. The Member(s) intends that intention of the Member is for the Company, as which is a Single-Member LLC, shall to be taxed as a sole proprietorship in accordance line with the provisions of the Internal Revenue Code’s provisions. Any provisions herein that may cause If any provision contained within this Agreement prevents the Company not to be from being taxed as a sole proprietorship shall be inoperativethen it is considered invalid. Multi-Member (Applies ONLY if Multi-Member): The Member(s), or their designees, shall Members of the Company will create and properly maintain complete and accurate records and books of that are complete and accurate. These books will detail the Company’s transactions in accordance with affairs and business while following generally accepted accounting principles. The Company shall furnish the Member(s), will provide an annual report within seventy-five (75) sixty days after the end of each fiscal year, an year has ended. The annual report of the Company including a shall include the balance sheet, a the profit and loss statement, a the capital account statement: , and the amount of such Member(s)'s a report that details each Member’s share of the Company's income, ’s gain, losses, deductionsgains, and other relevant items necessary information for federal income tax purposes. The Company shall prepare all Federalwill be responsible for preparing any federal, Statestate, and local information for income tax and returns on behalf of the Company. This information returns for the Company and shall cause such tax and information returns to be filed in a timely filedmanner. Within seventy-five (75) sixty days after from the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s Fiscal year, it will send anyone that was a Member of the Company during the last fiscal year copies of the Company’s tax and information return that was filed with the Internal Revenue Service IRS for the preceding last fiscal year. All The elections required deemed necessary or permitted allowed to be made by the Company under in line with the Internal Revenue Code, and the designation appointment of a partner for tax matters partner pursuant to in line with Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted reasons allowed or required deemed necessary by the internal Revenue Code, shall will be made by the Company by the affirmative through a confirmatory vote or consent of Member(s) holding a Member’s constituting majority of the Members’ Percentage Interests. Upon requestpercentage interests If requested, the Company shall furnish to will provide each Member a current an up to date list of the names and addresses of all of the Member(s) of the Company, Company Members and any other persons people or entities having any with a financial interest in the Company.

Books, Records and Tax Returns. Single Member (Applies ONLY if SingleCHECK ONE) ☒ - SINGLE-Member): MEMBER: The Company shall maintain complete and accurate books and records of the Company's business and affairs as required by the Statutes, Statutes and such books and records shall be kept at the Company's Registered Office and shall in all respects be independent of the books, records, records and transactions of the Member(s)Member. The Company's fiscal year shall be the calendar year with an ending month of December. The Member(s) Member intends that the Company, as a Single-Member single member LLC, shall be taxed as a sole proprietorship in accordance with the provisions of the Internal Revenue Code. Any provisions herein that may cause the Company not to be taxed as a sole proprietorship shall be inoperative. Multi- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - OR - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ☐ - MULTI-Member (Applies ONLY if Multi-Member): MEMBER: The Member(s)Members, or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish the Member(s)each Member, within seventy-five (75) days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement, statement a capital account statement: ; and the amount of such Member(s)'s Member’s share of the Company's ’s income, gain, losses, deductions, deductions and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State, State and local income tax and information returns for the Company Company, and shall cause such tax and information returns to be timely filed. Within seventy-five (75) days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Member(s) Members holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member Member, a current list of the names and addresses of all of the Member(s) Members of the Company, and any other persons or entities having any financial interest in the Company.