Common use of Books Records and Reports Clause in Contracts

Books Records and Reports. 12.1 At all times during the continuance of the Company, the Company shall keep or cause to be kept full and true books of account, in which shall be entered fully and accurately each transaction of the Company. The books of account, together with an executed copy of the Certificate of Formation of the Company and any amendments thereto, shall at all times be maintained at the principal office of the Company and shall be open to inspection and examination by the members or their representatives at reasonable hours and upon reasonable notice. For purpose hereof, the Company shall keep its books and records on the same method of accounting employed for tax purposes.

Appears in 22 contracts

Samples: Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B), Operating Agreement (Seidman Lawrence B)

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