Common use of Books of Account Clause in Contracts

Books of Account. The books of account of this FuturesAccess Fund shall be maintained in accordance with generally accepted accounting principles under the accrual basis of accounting by or under the supervision of the Sponsor and shall be open to inspection by any Investor or such Investor’s representative during regular business hours; provided, however, that such books and records shall only be available for inspection pursuant to a valid, non-commercial purpose related to an Investor’s status as an Investor. This FuturesAccess Fund’s books of account shall not, however, for such purpose include any record of the particular transactions entered into by this FuturesAccess Fund.

Appears in 33 contracts

Sources: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Books of Account. The books of account of this FuturesAccess Fund shall be maintained in accordance with generally accepted accounting principles under the accrual basis of accounting by or under the supervision of the Sponsor and shall be open to inspection by any Investor or such Investor’s 's representative during regular business hours; provided, however, that such books and records shall only be available for inspection pursuant to a valid, non-commercial purpose related to an Investor’s 's status as an Investor. This FuturesAccess Fund’s 's books of account shall not, however, for such purpose include any record of the particular transactions entered into by this FuturesAccess Fund.

Appears in 6 contracts

Sources: Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC), Limited Liability Company Operating Agreement (Aspect FuturesAccess LLC)

Books of Account. The books of account of this FuturesAccess Fund shall be maintained in accordance with generally accepted accounting principles under the accrual basis of accounting by or under the supervision of the Sponsor and shall be open to inspection by any Investor or such Investor’s 's representative during regular business hours; provided, however, that such books and records shall only be available for inspection pursuant to a valid, non-commercial purpose related to an Investor’s 's status as an Investor. This FuturesAccess Fund’s 's books of account shall not, however, for such purpose include any record of the particular transactions entered into by this FuturesAccess Fund.of

Appears in 3 contracts

Sources: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Books of Account. The books of account of this FuturesAccess Fund shall be maintained in accordance with generally accepted accounting principles under the accrual basis of accounting by or under the supervision of the Sponsor and shall be open to inspection by any Investor or such Investor’s representative during regular business hours; provided, however, that such books and records shall only be available for inspection pursuant to a valid, non-commercial purpose related to an Investor’s status as an Investor. This FuturesAccess Fund’s books of account shall not, however, for such purpose include any record of the particular transactions entered into by this FuturesAccess Fund.of

Appears in 2 contracts

Sources: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC), Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

Books of Account. The books of account of this FuturesAccess Fund shall be maintained in accordance with generally accepted accounting principles under the accrual basis of accounting by or under the supervision of the Sponsor and shall be open to inspection by any Investor or such Investor’s 's representative during regular business hours; provided, however, that such books and records shall only be available for inspection pursuant to a valid, non-commercial purpose related to an Investor’s 's status as an Investor. This FuturesAccess Fund’s 's books of account shall not, however, for for, such purpose include any record of the particular transactions entered into by this FuturesAccess Fund.

Appears in 1 contract

Sources: Limited Liability Company Operating Agreement (ML Transtrend DTP Enhanced FuturesAccess LLC)