Initial Accounting Records Clause Samples
Initial Accounting Records. Owner shall provide Manager with opening balance sheet entries for Manager’s use within fifteen (15) days following the Management Commencement Date, and Manager shall not be responsible for any reconstruction of accounting records prior to the Management Commencement Date. Manager shall not be responsible for the submission of a completed profit and loss statement prior to thirty (30) days after the receipt of the balance sheet entries. Owner acknowledges that Manager has no knowledge of and cannot certify the accuracy of any historical financial information provided to Manager by Owner.
Initial Accounting Records. Lessee shall provide Operator with opening balance sheet entries for Operator's use within ten (10) days after the Contract Commencement Date. Operator shall not be responsible for any reconstruction of accounting records prior to the Contract Commencement Date. Lessee acknowledges that Operator has no knowledge of and cannot certify the accuracy of any historical financial information provided to Operator by Lessee.