Additional Accounting Sample Clauses
The Additional Accounting clause requires parties to provide supplementary financial records or reports beyond standard accounting obligations. In practice, this may involve delivering detailed breakdowns of specific transactions, periodic reconciliations, or supporting documentation upon request. Its core function is to enhance transparency and accountability, ensuring that all parties have access to sufficient financial information to verify compliance and resolve potential disputes.
Additional Accounting. To keep any wage, income tax or other records required by any law, from time to time, in respect of any employees or contractors of the Corporation and to complete and submit any returns in respect thereof; To prepare upon request by the Corporation, financial statements, budgets and statements of expenditure other than the Annual Budget; and
Additional Accounting. Except as provided below, neither the --------------------- Administrative Committee, Named Fiduciary nor the Corporation shall have the right to demand or be entitled to any further accounting different from the normal accounting rendered by the Master Trustee. Further, no participant, beneficiary or any other person shall have the right to demand or be entitled to any accounting by the Master Trustee, other than those to which they may be entitled under the law. The Administrative Committee, Named Fiduciary or the Corporation shall have the right to inspect the Master Trustee's books and records relating to the Fund during normal business hours or to designate an accountant to make such inspection, study, and/or audit with all expenses related thereto to be paid by the Corporation.
Additional Accounting. Except as provided below, neither the Administrative Committee, Named Fiduciary nor the Corporation shall have the right to demand or be entitled to any further accounting different from the normal accounting rendered by the Master Trustee. Further, no participant, beneficiary or any other person shall have the right to demand or be entitled to any accounting by the Master Trustee, other than those to which they may be entitled under the law. The Administrative Committee, Named Fiduciary or the Corporation shall have the right to inspect the Master Trustee's books and records relating to the Fund during normal business hours or to designate an accountant to make such inspection, study, and/or audit with all expenses related thereto to be paid by the Corporation.