Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.
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Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc., Industrial Property Trust Inc.
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at the date of the admission to the Partnership of the Initial Limited Partners, (ii) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.
Appears in 2 contracts
Samples: Fairfield Inn by Marriott LTD Partnership, Fairfield Inn by Marriott LTD Partnership
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at the date of the admission to the Partnership of the Original Limited Partners, (ii) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, Code and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.. ARTICLE TEN MEETINGS AND VOTING RIGHTS OF LIMITED PARTNERS
Appears in 2 contracts
Samples: Hanover Marriott Limited Partnership, Desert Springs Marriott Limited Partnership
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at the date of the admission to the Partnership of the Original Limited Partners pursuant to the initial closing of the offering pursuant to the Private Placement Memorandum, (ii) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.
Appears in 1 contract
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at the date of the admission of Additional Limited Partners pursuant to subparagraph 3.3.1, (ii) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, Code and (iii) at such other times as the General Partner shall determine are required by good accounting practice practices or may be appropriate under the circumstances.
Appears in 1 contract
Samples: Icos Corp / De
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at the date of the admission to the Partnership of Original Limited Partners, (ii) at any time a taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, Code and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.
Appears in 1 contract
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at any time a taxable year of the Partnership ends pursuant to the Code, and (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, and (iii) at such other times as the General Partner shall determine are required by good accounting practice or may be appropriate under the circumstances.
Appears in 1 contract
Samples: Industrial Income Trust Inc.
Interim Closing of the Books. There shall be an interim closing of the books of account of the Partnership (i) at any such time a as the Partnership's taxable year of the Partnership ends pursuant to the Code, (ii) upon a closing of the Buy-Sell pursuant to Section 9.1, Code and (iii) at such other times as the General Partner shall determine are is required by good generally accepted accounting practice practices or may be is appropriate under the circumstances.
Appears in 1 contract
Samples: Limited Partnership Agreement (Chancellor Media Mw Sign Corp)