Common use of Books and Records A Clause in Contracts

Books and Records A. Unless otherwise directed by the Administrative General Partner, the books and records of the Fund shall be maintained by the General Partners at the Fund's principal place of business. In all cases, said books and records shall be available for examination and copying by any Limited Partner, Investor or his duly authorized representatives, for any purpose related to the Limited Partner's or Investor's interest as a Limited Partner or Investor, at the expense of such Limited Partner or Investor, at any and all reasonable times. The Fund shall keep at its principal place of business, without limitation, the following records: true and full information regarding the status of the business and financial condition of the Fund; -promptly after becoming available, a copy of the Fund's federal, state and local income tax returns for each year; a current list of the names and last known business, residence or mailing addresses of each Partner and Investor; a copy of this Agreement and the Certificate and all amendments thereto; and other information regarding the affairs of the Fund as is just and reasonable. The current list of the names and last known business, residence or mailing addresses of each Partner and Investor shall be mailed to any Investor upon payment of a reasonable charge for copy work. B. The Fund shall keep its books and records in accordance with the accounting methods followed for federal income tax purposes, which shall reflect all Fund transactions and shall be appropriate and adequate for the Fund's business. The Fund's taxable year shall be a calendar year.