UNIT VALUES Sample Clauses

UNIT VALUES. 210 2.4 Subaccounts Included . . . . . . . . . . . . . . 210

UNIT VALUES. The Club will operate its accounting system based on unit values. Members’ investments at regular meetings will be used to purchase units in the club based on the most recent valuation statement. Members’ investments that are late will be used to purchase units based on the valuation statement prepared for the next regular meeting. All withdrawals will follow the rules set forth elsewhere in this agreement. Annual Audit At the end of each year, the president will appoint an audit committee to inspect the club’s books of account. The treasurer will meet with the committee and make all club records available to them. Upon completion of the audit, the committee will notify the remaining partners of the results at the next meeting. This audit will also be used to satisfy bonding requirements of the NAIC.

UNIT VALUES. The Club will operate its accounting system based on unit values. Members’ investments at regular meetings will be used to purchase units in the club based on the most recent valuation statement. The club valuation shall be calculated by the Treasurer on the Friday before the monthly meeting. Members’ investments that are late will be used to purchase units based on the valuation statement prepared for the next regular meeting. All withdrawals will follow the rules set forth elsewhere in this agreement.

UNIT VALUES. The company will operate its accounting system based on unit values. The unit value will be established by BIVIO, the company’s accounting software program, and reflected on the valuation statement prepared from its website and presented at the monthly meeting by the Financial Member. All withdrawals will follow the rules as set forth elsewhere in this agreement.

UNIT VALUES. Place unit values on all approved courses in accordance with the established unit schedule in this policy.