Common use of Records, Audits and Reports Clause in Contracts

Records, Audits and Reports. At the expense of the Company, the Board shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall keep at its principal place of business the following records: (a) a current list of the full name and last known business, residence or mailing address of each Member and Director, both past and present; (b) a copy of the Certificate of Formation of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies of the Company's Federal, state and local income tax returns and reports, if any, for the four most recent years; (d) copies of the currently effective LLC Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash or property to the Company, and copies of any financial statements of the Company for the three most recent years; (e) minutes of every annual meeting, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; and (f) any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Unit Holder and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federal’s federal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company’s currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's ’s obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a 8.10.1 A current list of the full name and last known business, residence residence, or mailing address of each Member or other owner of an Interest, and DirectorManagers, both past and present; (b) a 8.10.2 A copy of the Certificate of Formation of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies 8.10.3 Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, any for the four most recent years; (d) copies 8.10.4 Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings writings, permitted or required with respect to a Member's obligation to contribute cash cash, property, or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes of every annual meeting, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; and (f) any written consents obtained from the Members or the Directors for actions taken by the Members or the Board8.10.5 Copies of each year’s cash flow statements, as applicable, without a meetingbalance sheets and financial statements.

Records, Audits and Reports. At the expense of the Company, and in addition to the Board records required by Article 8, the Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member and DirectorManager, both past and present; (b) a A copy of the Certificate of Formation of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns returns, tax work papers and reports, if any, for at least the four (4) most recent years; (d) copies Originals of the currently effective LLC this Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three (3) most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-court- ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federal’s federal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company’s currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's ’s obligation to contribute cash OPERATING AGREEMENT OF BADLANDS LEASING, LLC, A NORTH DAKOTA LIMITED LIABILITY COMPANY cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a a. A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner, and DirectorManager, both past and present; (b) a b. A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies c. Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies d. Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property, or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes e. Minutes of every annual meeting, special meeting meeting, and court-ordered meeting ofmeeting; (i) the Members and (ii) the Board; and (f) any f. Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member and Director, both past and presentMember; (b) a A copy of the Certificate of Formation of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company's currently effective LLC Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-court ordered meeting of (i) the Members and (ii) the Boardmeeting; and (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board shall The Company will maintain or cause to be maintained records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall will keep at its principal place registered office, during the term of business the Company, the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member and Directorthe Sole Member, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four five most recent years; (d) Copies of the Company's currently effective written operating agreement and all amendments thereto, copies of the currently effective LLC Agreementany prior written operating agreement no longer in effect, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three five most recent years;; and (e) minutes Minutes of every annual meeting, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; and (f) any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Managers shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, the Company shall keep at its principal place of business the following records: (a) a current list of the full name and last known business, residence residence, or mailing address of each Member and DirectorManager, both past and present; (b) a copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, thereto together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies of the Company's Federal’s federal, state state, and local income tax returns and reports, if any, for the four five (5) most recent years; (d) copies of the Company’s currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's ’s obligation to contribute cash cash, property, or property to the Companyservices, and copies of any financial statements of the Company for the three five (5) most recent years; (e) minutes a current list of every annual meetingthe full name and last known business, special meeting residence, or mailing address of each Member, both past and court-ordered meeting ofpresent; (if) the Members and (ii) the Boardcopies of any prior written operating agreement no longer in effect; and (fg) any written consents obtained from copies of all agreements by Members to make capital contributions to the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meetingCompany.

Records, Audits and Reports. At the expense of the Company, the Board Company shall maintain records and accounts of all its operations and expenditures of the Companyexpenditures. At a minimum, the The Company shall keep at its principal place of business the following records: (a) a current list of the full name and last known business, residence or mailing address of each Member and Director, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (cb) copies Copies of the Company's Federalcurrently effective written Operating Agreement and copies of any writings permitted or required with respect to an Equity Owner's obligation to contribute cash, state property or services; (c) A current list of the full name, the last known business, residence, or mailing address and the Ownership Interest of each Equity Owner and the full name and last known business, residence, or mailing address of each Manager, both past and present; (d) Copies of the Company's federal, state, and local income tax returns and reports, if any, for the four most recent years; (de) copies of the currently effective LLC Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash or property to the Company, and copies Copies of any financial statements of the Company for the three most recent years; (ef) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; and (f) any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member Member, Economic Interest Owner and DirectorManager, both past and present; (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federal’s federal, state state, and local income tax returns and reports, if any, for the four (4) most recent years; (d) copies Copies of the Company’s currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's ’s obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-court ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At the expense of the Company, the Board Manager --------------------------- shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member and DirectorManager, both past and present;; and the valuation of each Member's Contribution and Distribution right. (b) a A copy of the Certificate Articles of Formation Organization of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (c) copies Copies of the Company's Federalfederal, state state, and local income tax returns and reports, if any, for the four most recent years; (d) copies Copies of the Company's currently effective LLC written Operating Agreement, copies of any writings permitted or required with respect to a Member's obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (e) minutes Minutes of every annual meetingannual, special meeting and court-ordered meeting of (i) the Members and (ii) the Board; andmeeting; (f) any Any written consents obtained from the Members or the Directors for actions taken by the Members or the Board, as applicable, without a meeting.

Records, Audits and Reports. At The Managers shall maintain and preserve, or cause to be maintained and preserved, for appropriate periods of time, all accounts, books, and other relevant Company documents at the expense of the Company, the Board shall maintain records and accounts of all operations and expenditures of the Company. At a minimum, minimum the Company shall keep at its principal place of business the following records: (a) a A current list of the full name and last known business, residence residence, or mailing address of each Member and Director, both past and present; (b) present Member; a copy of the Certificate certificate of Formation formation of the Company and all amendments thereto, together with executed copies of any powers of attorney pursuant to which any amendment has been executed; (cb) copies Copies of the Company's Federal’s federal, state state, and local income tax returns and reports, if any, for the four most recent years; (dc) copies Copies of the Company’s currently effective LLC Agreement, copies of any writings permitted or required with respect to a Member's ’s obligation to contribute cash cash, property or property to the Companyservices, and copies of any financial statements of the Company for the three most recent years; (ed) minutes Minutes of every annual meeting, special meeting and court-ordered meeting of (i) of the Members and (ii) Member or the BoardManagers; and (fe) any Any written or electronic consents obtained from of the Members Member or the Directors Managers for formal actions taken by the Members or the Board, as applicable, without a meetingit.