Common use of Method of Accounting Clause in Contracts

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound generally accepted accounting principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership books of account shall be -------------------- maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound principles of cash basis accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the a Majority of Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General PartnerInterests.

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, on an accrual basis in accordance with sound generally accepted accounting principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound generally accepted accounting principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership books of account shall be maintained and keptmaintained, and its income, gains, losses and deductions shall be accounted for, in accordance with sound principles of accounting accrual basis accounting, consistently applied, or on such other method of accounting as may be adopted selected hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership Partnership's books of account shall be maintained and keptmaintained, and its income, gains, losses and deductions shall be determined and accounted for, for in accordance with sound principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to for the Partnership for Federal or state federal income tax purposes, and for purposes shall be taken or rejected by of this Agreement, the Partnership shall account for each and every item of its income, gain, loss and deduction in the sole discretion of the General Partnersame manner as it accounts for each such item for income tax purposes.

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound principles of generally accepted accounting principles, consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.

Method of Accounting. The Partnership Partnership's books of account shall be maintained and keptmaintained, and its income, gains, losses and deductions shall be determined and accounted for, for in accordance with sound principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options available to for the Partnership for Federal or state federal income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partnerpurposes.

Method of Accounting. The Partnership books of account shall be maintained and kept, and its income, gains, losses and deductions shall be accounted for, in accordance with sound principles of accounting consistently applied, or such other method of accounting as may be adopted hereafter by the General Partner. All elections and options ACTIVE/98509230.8 available to the Partnership for Federal or state income tax purposes shall be taken or rejected by the Partnership in the sole discretion of the General Partner.