Common use of Maintenance of Books Clause in Contracts

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committee. The books of account for the Company shall be maintained on an accrual basis in accordance with the terms of this Agreement, except that the capital accounts of the Members shall be maintained in accordance with Section 5.7. The calendar year shall be the accounting year of the Company.

Appears in 2 contracts

Samples: Operating Agreement (Public Service Co of North Carolina Inc), Operating Agreement (Public Service Co of North Carolina Inc)

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Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Managers and each committeecommittee of the Managers. The Company shall also maintain the books and records on Exhibit B. The books of account for the Company shall be --------- maintained on an the accrual basis method of accounting in accordance with generally accepted accounting principles and the terms of this Agreement, except that the capital accounts accounts, of the Members shall be maintained in accordance with Section 5.74.6. The calendar year shall be the accounting year of the CompanyCompany shall be the same as its taxable year.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Internet Capital Group Inc), Limited Liability Company Agreement (Internet Capital Group Inc)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members the Board and each committeethe Members. The books of account for the Company shall will be maintained on an accrual basis in accordance with the terms of this AgreementAgreement and GAAP, except that the capital accounts Capital Accounts of the Members shall will be maintained in accordance with Section 5.74.5. The calendar year shall be the accounting year of the CompanyCompany will be determined by the Board. The initial custodian of the company records will be the Tax Matters Partner.

Appears in 2 contracts

Samples: Acknowledgment and Acceptance Agreement (El Paso Corp/De), Acknowledgment and Acceptance Agreement (Enterprise Products Partners L P)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Board and each committeecommittee of the Board. The books of account for the Company shall be maintained on an accrual basis basis, if available and appropriate, in accordance with the terms of this Agreement, except that the capital accounts Capital Accounts of the Members shall be maintained in accordance with Section 5.7Article IV. The calendar year Fiscal Year shall be the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement (Numerex Corp /Pa/)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its the Members and each committeethe Manager. The books of account for the Company shall will be maintained on an accrual a cash basis in accordance with the terms of this the Agreement, except that the capital accounts of the Members shall will be maintained in accordance with Section 5.74.04 of this Agreement. The calendar year shall will be the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committee. The books of account for the Company shall be maintained on an accrual basis in accordance with the terms of this Agreement, except that the capital accounts of the Members shall be maintained in accordance with Section 5.75.8. The calendar year shall be the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement (Public Service Co of North Carolina Inc)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Managers and each committeecommittee of the Managers. The Company shall also maintain the books and records set forth on Exhibit B. The books of account for the Company shall be maintained on an accrual a cash basis in accordance with the terms of this Agreement, except that the capital accounts Capital Accounts of the Members shall be maintained in accordance with Section 5.74.04. The calendar year shall be the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement (Maverick Oil & Gas, Inc.)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Managers and each committeecommittee of the Managers. The books of account accounts for the Company shall be maintained on an accrual basis in accordance with the terms of this Agreementthese Regulations, except that the capital accounts of the Members shall be maintained in accordance with Section 5.7. The calendar year ending December 31 shall be the accounting year of the Company.

Appears in 1 contract

Samples: Lease Agreement (United Surgical Partners International Inc)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committeeMember(s). The books of account for the Company shall be maintained on an accrual cash basis in accordance with such method of accounting as may be adopted by the terms of this AgreementCompany from time to time, except that the capital accounts of the Members shall be maintained in accordance with Section 5.7as provided herein. The calendar year December 31 shall be the accounting and fiscal year end of the Company.

Appears in 1 contract

Samples: Operating Agreement (IDQ Operating, Inc.)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its Members and each committeePartners. The books of account for the Company shall will be maintained on an accrual basis in accordance with the terms of this AgreementAgreement and GAAP, except that the capital accounts of the Members shall Capital Accounts will be maintained in accordance with Section 5.74.5. The calendar year shall be the accounting year of the Company will be determined by the Company. The initial custodian of the company records will be the Operator.

Appears in 1 contract

Samples: Performance Guaranty Agreement (Teppco Partners Lp)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committeeaccounts. The books of account for the Company shall be maintained on an accrual a basis in accordance with determined by the terms of this Agreement, except that the capital accounts of the Members. The Members shall be maintained in accordance with Section 5.7. The calendar year shall be determine the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement (Connect Invest II LLC)

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Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Board of Directors and each committeecommittee of the Board of Directors. The books of account for the Company shall be maintained on an accrual such basis in accordance with as may be recommended from time to time by the terms of this Agreement, except that certified public accountant regularly employed by the capital accounts of the Members shall be maintained in accordance with Section 5.7Company. The calendar year shall be the accounting year of the Company. The Company shall maintain the records and information required by Section 1319 of the Act.

Appears in 1 contract

Samples: Operating Agreement (PetroQuest Energy, L.L.C.)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members Members, its Managers and each committeecommittee of the Managers. The books of account for the Company shall be maintained on an accrual a cash basis in accordance with the terms of this Agreement, except that the capital accounts of the Members shall be maintained in accordance with Section 5.74.04. The calendar year shall be the accounting year of the Company.

Appears in 1 contract

Samples: Company Agreement (Hall Structured Finance II, LLC)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members the Members, the Board of Managers and each committeecommittee of the Board of Managers. The books of account for the Company shall be maintained on an accrual basis in accordance with the terms accounting method selected by the Board of this Agreement, except that the capital accounts of the Members shall be maintained Managers (or in accordance with Section 5.7generally accepted accounting principles in the absence of any such selection) consistently applied. The calendar year shall be the accounting year of the Company.

Appears in 1 contract

Samples: Agreement of Limited Liability Company (Scotia Pacific Co LLC)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committeeMembers. The books of account for the Company shall be maintained on an accrual basis in accordance with the terms of this AgreementAgreement and GAAP, except that the capital accounts Capital Accounts of the Members shall be maintained in accordance with Section 5.74.5. The calendar year shall be the accounting year of the Company shall be determined by the Company. The initial custodian of the company records shall be the Tax Matters Members.

Appears in 1 contract

Samples: Limited Liability Company Agreement (El Paso Energy Partners Lp)

Maintenance of Books. The Company shall keep books and records of accounts and shall keep minutes of the proceedings of its Members and each committeeMembers. The books of account for the Company shall be maintained on an accrual basis in accordance with the terms of this Agreementgenerally accepted accounting principles, except that the capital accounts of the Members shall be maintained in accordance with Section 5.7as provided herein. The calendar year December 31 shall be the accounting and fiscal year end of the Company.

Appears in 1 contract

Samples: Operating Agreement (TB Wood's INC)

Maintenance of Books. The Company shall will keep books and records of accounts and shall will keep minutes of the proceedings of its the Members and each committeethe Manager. The books of account for the Company shall will be maintained on an accrual a cash basis in accordance with the terms of this Agreement, except that the capital accounts Capital Accounts of the Members shall will be maintained in accordance with Section 5.74.3 of this Agreement. The calendar year shall will be the accounting year of the Company.

Appears in 1 contract

Samples: Operating Agreement

Maintenance of Books. The Company shall will keep books and records of accounts (including a list of the names, addresses, Capital Contributions, and shall issued and outstanding Units) and will keep minutes of the proceedings of its Members and each committeethe Board. The books of account for the Company shall will be maintained on an accrual basis in accordance with the terms of under this AgreementAgreement and GAAP, except that the capital accounts Capital Accounts of the Members shall will be maintained in accordance with under Section 5.74.6. The calendar year shall be the accounting year of the CompanyCompany will be the Fiscal Year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Unit Corp)

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