System of Accounts Sample Clauses

System of Accounts. The warehouse operator agrees to:
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System of Accounts. 9 F. Reports ........................................................................................................................................... 10 G. Records........................................................................................................................................... 10 H. Schedule of Charges ....................................................................................................................... 10
System of Accounts. I In order to determine the “R” Factor, the Contractor shall keep a special system of accounts to record, in Dollars, income and expenditure related to the Contract Operations. This system shall consist of two main accounts: the “R” Factor Income Account, and the “R” Factor Expenditure Account.
System of Accounts. The Operating Agent shall use FPC Accounts, as modified by the EXHIBIT F (continued) bulletins and directives of the Rural Electrification Administration, with appropriate subaccounts, to account for all operation and maintenance costs of the Project.
System of Accounts. Ea c h w ar e h o u se m an s ha ll ha ve an d m a i n t a i n a s y s t e m of a cco un t s, a p- x x xxxx fo r t h e p ur pose b y t h e S e r vice. Th is s ha ll i n xx x xx x x x oc k r eco r d s h ow- i n g fo r e a c h lo t of g ra i n r eceived fo r s t o ra ge i t s n e t xxxx x x x x xx x xx x x doc k - a ge, if any , i t s g ra de w h e n i t s g ra de is r eq u i r ed t o be, o r is, a sce r t a i n ed, i t s lo- c a t io n , t h e d a t es r eceived fo r an d deliv- e r ed o u t of s t o ra ge, t h e r eceip t s iss u ed an d c an celed, a lso a sep ara t e r eco r d fo r e a c h deposi t o r of h is g ra i n , w h ic h s ha ll i n cl u de a de t a iled r eco r d of a ll m o n e y s r eceived an d disb ur sed an d of a ll i n s ur- an ce policies t a k e n o u t an d c an celed o n r eq u es t of e a c h deposi t o r . Th e w ar e- h o u se m an s ha ll fur t h e r k eep a ge n e xx x x x x xxxx xx a cco un t s h owi n g t h e polic y nu m be r , iss u i n g co m p any , a m o un t , bi n di n g, an d expi ra t io n d a t es of a ll fi r e, t o rna do, an d o t h e r i n s uran xx xxxx- cies t a k e n o u t b y h i m an d i n e a c h i n- s t an ce s h ow t h e p r ope r t y cove r ed b y s u c h policies. Th ese r eco r ds s ha ll a lso s h ow si m il ar i nfo r m a t io n co n ce rn i n g any n o n s t o ra ge g ra i n han dled t hr o u g h t h e w ar e h o u se. Su c h r eco r ds s ha ll be r e t a i n ed b y t h e w ar e h o u se m an fo r a pe- r iod of six y e ar s af t e r Dece m be r 31 of x x x x x ar i n w h ic h c r e a t ed, an d fo r s u c h lo n ge r pe r iod a s m ay be n ecess ary fo r t h e p ur poses of any li t ig a t io n w h ic h t h e w ar e h o u se m an k n ows t o be pe n d- i n g, o r a s m ay be r eq u i r ed b y t h e Ad- m i n is t ra t o r i n p ar t ic u l ar c a ses t o c arry o u t t h e p ur poses of t h e Ac t . ( App r oved b y t h e Office of M xxx ge m e n t an d B u dge t un de r co n t r ol nu m be r 0560–0120) [29 F R 15730, Nov. 24, 1964, a s a m e n ded a t 47 F R 745, J an . 7, 1982. R edesig na t ed a t 50 F R 1814, J an . 14, 1985] Farm Service Agency, USDA § 736.42 § 736.38 Reports required.
System of Accounts. In order to determine the "Rt-1" Factor, the Contractor shall keep a special system of accounts to record, in Dollars, income and expenditure related to the Contract Operations. This system shall consist of two main accounts: the "Rt-1" Factor Income Account, and the "Rt-1" Factor Expenditure Account.
System of Accounts. Operator shall, at Owner’s expense, maintain at the Hotel or at other offices of Operator for and on behalf of Owner complete and accurate books and accounts and such ancillary records as are necessary to reflect the ownership and operation of the Hotel. Such books and records shall be maintained using the accrual method of accounting and in accordance with generally accepted accounting principles applied on a consistent basis and in substantial accordance with the most current Uniform System of Accounts for the Lodging Industry (as revised from time to time, published by the Educational Institute of the American Hotel & Motel Association) (the “Uniform System”). Such books and records of the Hotel shall be the property of Owner. To the extent that such books and records of the Hotel are maintained in computer storage, Operator shall make a printed copy available for inspection by Owner at any time during normal business hours. Upon termination of this Agreement for any reason, a copy of such books and records of the Hotel shall be promptly delivered to Owner and, to the extent that such books and records of the Hotel are maintained in computer storage, Operator shall provide Owner with a copy in printed or compatible electronic format, at Owner's choice. Within the annual Fiscal Year accounting period, each fiscal quarter-annual period is to consist of three consecutive calendar months beginning with the month of January in each calendar year.
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System of Accounts. Until January 1, 2006, the Company shall maintain at the Company's principal offices a system of accounting for each of the Agency Business and the Technology Business conducted by Company established and administered in accordance with GAAP which shall contain such information as is reasonably necessary or appropriate to permit an accurate determination of the Pre-Tax Earnings of the Agency Business for purposes of Section 3.1(c) and also to track and calculate Technology Business Net Income or Net Losses, as applicable. Notwithstanding the foregoing, the expenses and the borrowings of the Company, and the interest expenses allocated between the Agency Business and Technology Business, shall be allocated as set forth on Schedule 10.4(a), and such allocation shall not be modified except in accordance with the provisions of the Operating Agreement. In addition, the Company shall depreciate its assets over their lives as set forth on Schedule 10.4(a), and such depreciation schedule shall not be modified except in accordance with the provisions of the Operating Agreement. The parties hereto agree that the intent of this Section 10.4(a) is to provide a system of accounting that will permit an accurate calculation of Pre-Tax Earnings of the Agency Business and the Net Income or Net Losses, as applicable, of the Technology Business separate and distinct from the other and any other business or operations in which the Company may hereafter engage as if each of the Agency Business, on the one hand, and the Technology Business on the other hand, constituted the sole business and all the operations of a separate company. In particular, in the event that Company is merged, or the Company shall acquire the stock or assets of another business or enter into any material transaction, or shall otherwise enter into a new business unrelated to the Agency Business or the Technology Business or the operations of Company are consolidated with those of its parent or other Subsidiaries of its parent, all expenses which can be directly attributable to the Agency Business or the Technology Business or such other business or operations will be charged directly to the applicable business, and common or shared expenses shall be allocated by the Board of Managers of Company (or its successor) reasonably and in good faith in a manner so as not to unnecessarily burden the Agency Business or the Technology Business or reduce Pre-Tax Earnings, or reduce Net Income or increase Net Losses o...
System of Accounts. The Manager shall keep books of account and other records reflecting the results of operation of the Casino on an accrual basis, all in accordance with generally accepted accounting principles consistently applied (“GAAP”), and as applied within the gaming casino industry. The books of account and all other records relating to or reflecting the operation of the Casino shall be maintained on the premises of the Casino at all times and shall be available to the Partnership and its representatives at all times, for examination, audit, inspection and transcription (at the Partnership’s expense). Upon termination of this Agreement for any reason, the Partnership shall be permitted to utilize the computer hardware and software located at the Casino for such a period of time as is reasonable necessary to transfer all data records relating to the operation of the Casino, subject to the requirements of any software license under which the Manager utilizes any such software. In such event, the Manager may furnish hard copy printouts of such accounting records or generally used storage media containing such records together with instruction on access thereto. The Manager may retain a copy of any accounting records for the Casino after termination of this Agreement.
System of Accounts. General Managers shall keep adequate books of account and other records reflecting the results of Franchise operations on a cash basis. Except for such books and records as General Managers may elect to keep in Provider's office or other suitable location, the books of account and all other records relating to or reflecting the operation of the Franchise shall be kept at the Premises of the Franchise and shall be available to Franchisee and its representatives at the places kept during the hours of 9:00 a.m. to 5:00 p.m., local time,
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