Periodic Inventories. The Manager shall take physical inventory of Joint Account Material at reasonable intervals in accordance with generally accepted accounting principles but not less than once a year. The non-Manager may be represented when any inventory shall bind the non-Manager to accept the inventory taken by the Manager.
Appears in 3 contracts
Samples: Agreement (Idaho Consolidated Metals Corp), Joint Venture Agreement (Idaho Consolidated Metals Corp), Lease Agreement (Idaho Consolidated Metals Corp)
Periodic Inventories. The Manager shall take physical inventory of Joint Account Material at reasonable intervals in accordance with generally accepted accounting principles but not less than once a year. The non-Manager may be represented when any inventory inventory-shall bind the non-Manager to accept the inventory taken by the Manager.
Appears in 1 contract
Samples: Joint Development Agreement (Idaho Consolidated Metals Corp)
