Common use of Books of Account Clause in Contracts

Books of Account. The Company shall, and shall cause each Subsidiary to, maintain true books and records of account in which full and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 77 contracts

Samples: Limited Liability Company Agreement (Fortis Minerals, LLC), Limited Liability Company Agreement (Kimbell Tiger Acquisition Corp), Limited Liability Company Agreement (New Fortress Energy LLC)

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Books of Account. The Company shall, and shall cause each Subsidiary to, maintain true books and records of account in which full complete and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 13 contracts

Samples: Tax Receivable Agreement (Collier Creek Holdings), Limited Liability Company Agreement (QualTek Services Inc.), Investor Rights Agreement (MDH Acquisition Corp.)

Books of Account. The Company shall, and shall cause each Subsidiary of the Company to, maintain true books and records of account in which full and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 12 contracts

Samples: Limited Liability Company Agreement (Nerdy Inc.), Limited Liability Company Agreement (Hagerty, Inc.), Limited Liability Company Agreement (Stronghold Digital Mining, Inc.)

Books of Account. The Company shall, and shall cause each Subsidiary to, maintain true books and records of account in which full and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Spark Energy, Inc.), Limited Liability Company Agreement (Spark Energy, Inc.), Limited Liability Company Agreement (Spark Energy, Inc.)

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Books of Account. The Company shall, and shall cause each Subsidiary to, maintain true books and records of account in which full and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP. Except as expressly set forth in this Agreement or in any other agreement between the Company and any Member or group of Members, notwithstanding the rights set forth in Section 18-305 of the Act, no Member shall have the right to obtain information from the Company.

Appears in 2 contracts

Samples: Operating Agreement (Focus Financial Partners Inc.), Registration Rights Agreement (Focus Financial Partners Inc.)

Books of Account. The Company shall, and shall cause each Material Subsidiary to, maintain true books and records of account in which full and correct entries shall be made of all its business transactions pursuant to a system of accounting established and administered in accordance with GAAP, and shall set aside on its books all such proper accruals and reserves as shall be required under GAAP.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Stryve Foods, Inc.)

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