Common use of Accountings Clause in Contracts

Accountings. At the close of each fiscal year, the Manager shall make a full and accurate accounting of the affairs of the Company, including a balance sheet, a profit and loss statement, and a statement of the Members’ equity showing the respective capital accounts and distributions, if any, and any other information necessary for a complete and fair presentation of the financial condition of the Company.

Appears in 7 contracts

Samples: Limited Liability Company Operating Agreement, LLC Operating Agreement, LLC Operating Agreement

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Accountings. At the close of each fiscal year, the Manager Company shall make provide to the Member a full and accurate accounting of the affairs of the Company, including a balance sheet, a profit and loss statement, and a statement of the Members’ Member’s equity showing the respective Member’s capital accounts account and distributions, if any, and any other information necessary for a complete and fair presentation of the financial condition of the Company.

Appears in 5 contracts

Samples: Single Member LLC Operating Agreement, Single Member LLC Operating Agreement, Single Member LLC Operating Agreement

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