Common use of Method of Accounting Clause in Contracts

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 47 contracts

Sources: Limited Liability Company Agreement (U.S. Well Services Holdings, LLC), Operating Agreement (Exelon Generation Co LLC), Operating Agreement (HFF, Inc.)

Method of Accounting. The Member Members shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 3 contracts

Sources: Operating Agreement, Operating Agreement, Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and the Board of Managers shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound generally accepted accounting principles consistently applied.

Appears in 3 contracts

Sources: Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Limited Liability Company Operating Agreement (Commonwealth Telephone Enterprises Inc /New/), Operating Agreement (Commonwealth Telephone Enterprises Inc /New/)

Method of Accounting. The Managing Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (European Wax Center, Inc.), Limited Liability Company Agreement (European Wax Center, Inc.)

Method of Accounting. The Member Managers shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound generally accepted accounting principles consistently appliedprinciples.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Allegheny Energy Inc)

Method of Accounting. The Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.. HUI-159617v3 - 4 -

Appears in 1 contract

Sources: Limited Liability Company Agreement (APL SouthTex Pipeline Co LLC)

Method of Accounting. The Class A Member shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Atlas Pipeline Partners Lp)

Method of Accounting. The Member Managers shall select a method of accounting for the Company as deemed necessary or advisable and shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting principles consistently applied.

Appears in 1 contract

Sources: Operating Agreement (Stratus Services Group Inc)