Examples of Accounting Member in a sentence
Article 4e Accounting Member States shall take the necessary measures to ensure that legal entities which provide toll services keep accounting records which allow for a clear distinction of the costs and revenues related to the toll service provision from the costs and revenues related to other activities.
The Commissioner’s assessment is confirmed.On behalf of Mr Crafford-Lazarus (Accounting Member) Mr I J Moolman (Commercial Member) and myself.
Article 9 Accounting Member States shall take the measures necessary to ensure that legal entities which provide toll services keep accounting records which make a clear distinction possible between the costs and revenues related to the provision of toll services and the costs and revenues related to other activities.
The Accounting Member shall keep or cause to be kept at the principal office of the Company appropriate books and records with respect to the Company’s business, including the register and all other books and records necessary to provide to the Members any information required to be provided pursuant to this Agreement.
DATED AT JOHANNESBURG 10th AUGUST 2005 K Satchwell - President On behalf of Mr W B Cronje (Accounting Member) and Mr V A Jiyane (Commerical Member) and myself.
At the election of MCA, its actions and responsibilities as Accounting Member under this Agreement may be performed on its behalf by its Affiliates, including M-C Corp.
Accounting Member shall recommend to the Members for adoption such changes to this Agreement as Accounting Member shall determine in light of the Code as then in effect if Managing Member shall determine to cause the Company to incur any liability of the Company with respect to which no Interest Holder or person or entity related to an Interest Holder has personal liability determined in accordance with Code § 752.
Any election or other decision relating to such allocations shall be made by Accounting Member in a manner that reasonably reflects the purpose and intention of this Agreement.
All funds of the Company shall be deposited in a bank account or accounts opened by Accounting Member on behalf of the Company.
In accordance with Code § 704(c) and the Regulations thereunder, income, gain, loss and deduction with respect to any property contributed as a Capital Contribution shall, solely for tax purposes, be allocated among the Members under any reasonable method that Accounting Member may select from time to time to take account of any variation between the adjusted basis of such property to the Company for federal income tax purposes and its initial Gross Asset Value.