Common use of Financial Administration Clause in Contracts

Financial Administration. The Managing Member shall administer such day-to-day bookkeeping and accounting functions as are required for the proper management of the assets of the Company and prepare or cause to be prepared such reports as may be required by any governmental authority. The Managing Member shall maintain the books of account and records relating to services performed for the Company accessible for inspection by the Company, or any of its Shareholders, at any time during ordinary business hours.

Appears in 4 contracts

Samples: Reit Management Agreement (Anabasis Real Estate Investment Trust, LLC), Reit Management Agreement (Century West Multifamily Income Reit, LLC), Reit Management Agreement (Lm Capital Real Estate Investment Trust, LLC)

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Financial Administration. The Managing Member Manager shall administer such day-to-day bookkeeping and accounting functions as are required for the proper management of the assets of the Company and prepare or cause to be prepared such reports as may be required by any governmental authority. The Managing Member Manager shall maintain the books of account and records relating to services performed for the Company accessible for inspection by the Company, or any of its Shareholders, Company at any time during ordinary business hours.

Appears in 2 contracts

Samples: Management Agreement (Foundation Capital Resources Inc), Management Agreement (Foundation Capital Resources Inc)

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Financial Administration. The Managing Member Manager shall administer such day-to-day ------------------------ bookkeeping and accounting functions as are required for the proper management of the assets of the Company and prepare or cause to be prepared such reports as may be required by any governmental authority. The Managing Member Manager shall maintain the books of account and records relating to services performed for the Company accessible for inspection by the Company, or any of its Shareholders, Company at any time during ordinary business hours.

Appears in 1 contract

Samples: Management Agreement (Foundation Capital Resources Inc)

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