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 in accordance with GAAP consistently applied. Subject to the provisions of Section 5.2, all elections with respect to tax matters to be made by or for the Company shall be made by the TMM.

Appears in 1 contract

Sources: Operating Agreement (Inland Western Retail Real Estate Trust Inc)

Methods of Accounting. All income tax and financial reports and returns of the Company shall be prepared in accordance with GAAP consistently applied. Subject to the provisions of Section 5.2, all All elections with respect to tax matters to be made by or for the Company shall be made by the TMM.

Appears in 1 contract

Sources: Operating Agreement (Inland Western Retail Real Estate Trust Inc)