Common use of Reporting Standards Clause in Contracts

Reporting Standards. All such reports, appraisals and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor of its real estate investment advisors.

Appears in 2 contracts

Sources: Operating Agreement (Thomas Properties Group Inc), Operating Agreement (Thomas Properties Group Inc)

Reporting Standards. All such reports, appraisals reports and other items shall be prepared and presented in accordance with modified generally accepted accounting principles (GAAP) as defined in the National Council of Real Estate Investment Fiduciaries (NCREIF) Market Value Accounting Policy Manual and other standards required by Investor CalSTRS of its real estate investment advisors.

Appears in 1 contract

Sources: Master Agreement for Debt and Equity Restructure (Thomas Properties Group Inc)