Common use of Methods of Accounting Clause in Contracts

Methods of Accounting. All income tax and financial reports and returns of the Company shall be prepared on an accounting basis approved by the Managers. All elections with respect to tax matters to be made by or for the Company shall be made by the Tax Matters Member.

Appears in 3 contracts

Sources: Operating Agreement (Strategic Timber Trust Inc), Operating Agreement (Strategic Timber Trust Inc), Operating Agreement (Strategic Timber Trust Inc)