Common use of Accounting Decisions and Reliance on Others Clause in Contracts

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A Manager may rely upon the advice of the Company's accountants as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 3 contracts

Samples: Operating Agreement (Claxson Interactive Group Inc), Operating Agreement (Playboy Enterprises Inc), Operating Agreement (Playboy Enterprises Inc)

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Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management CommitteeManager. A The Manager may rely upon the advice of the Company's their accountants as to whether such decisions are in accordance with accounting methods followed for federal Federal income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securiteis Corp /De/)

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management CommitteeManager. A The Manager may rely upon the advice of the CompanyManager's accountants as to whether such decisions are in accordance with accounting methods followed for federal Federal income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (Freedom Securities Corp /De/), Operating Agreement (Freedom Securities Corp /De/)

Accounting Decisions and Reliance on Others. All The Manager shall make all decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A The Manager may rely upon the advice of the Company's independent accountants of the Company as to whether such decisions are in accordance with accounting methods followed for federal and state income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (RedCo Group, Inc.), Operating Agreement (Molina Healthcare Inc)

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A Manager The Management Committee may rely upon the advice of the Company's its accountants as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 2 contracts

Samples: Operating Agreement (United Leisure Corp), Operating Agreement (Outback Steakhouse Inc)

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Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A Manager may rely upon the advice of the Company's ’s accountants as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Claxson Interactive Group Inc)

Accounting Decisions and Reliance on Others. All decisions as to accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A Manager The Management Committee may rely upon the advice of the Company's its accountants as to whether such decisions are in accordance with accounting methods followed for United States federal income tax purposes.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Energy Conversion Devices Inc)

Accounting Decisions and Reliance on Others. All decisions as to o accounting matters, except as otherwise specifically set forth herein, shall be made by the Management Committee. A Manager The Management Committee may rely upon the advice of the Company's its accountants as to whether such decisions are in accordance with accounting methods followed for federal income tax purposes.

Appears in 1 contract

Samples: Operating Agreement (Osi Restaurant Partners, LLC)

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