Common use of Accounting Decisions Clause in Contracts

Accounting Decisions. All decisions as to the accounting treatment of any items of Company business, when made by the Board of Directors in accordance with U.S. generally accepted accounting principles, shall have conclusive effect upon the Company and the Member.

Appears in 9 contracts

Sources: Limited Liability Company Agreement (Horizon Lines Ventures, LLC), Limited Liability Company Agreement (Horizon Lines Ventures, LLC), Limited Liability Company Agreement (Horizon Lines Ventures, LLC)