Case File
efta-01373996DOJ Data Set 10OtherEFTA01373996
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Unknown
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DOJ Data Set 10
Reference
efta-01373996
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1
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ARTICLE 7
TRANSACTIONS; AFFILIATED PARTY TRANSACTIONS
7.1
Transactions Between a Member or Manager and the Company. Except
as otherwise limited by applicable law, with the Consent of the Members any Member or
Manager may, but shall not be obligated to, lend money to the Company, act as surely
for the Company and transact other business with the Company, and shall have the
same rights and obligations when transacting business with the Company as a person
or entity who is not a Member or Manager.
ARTICLE 8
FISCAL YEAR; BOOKS AND RECORDS; BANK ACCOUNTS
8.1
Bank Accounts. The funds of the Company shall be deposited in such
federally insured bank account or accounts or other financial intermediary as the
Manager determines, with the prior written approval of STC, are required, and the
Manager shall arrange for the appropriate conduct of such accounts. All bank account
statements and records shall be delivered to and maintained at the offices of HBRK
Associates, Attention: Richard Kahn, President, 575 Lexington Avenue, 4111 Floor, New
York, New York 10022 and at any and all email addresses designated in writing by
HBRK Associates to the Manager (the "HBRK Office")
8.2
Books and Records.
(a)
There shall be kept and maintained full and accurate hooks
respecting the business of the Company showing all receipts and expenditures,
assets and liabilities, profits, losses and distributions, and all other records
reasonably necessary or appropriate for recording the Company's business
affairs at the HBRK Office or such other location as may be determined with the
Consent of the Memebrs. Such books and records shall be open to inspection
by any Member (or such Member's authorized representative) upon reasonable
notice and during ordinary business hours
(b}
The books of the Company shall be kept on the method of
accounting determined by STC, and shall show at all times each and every item
of income, gain, loss and expense.
(c)
Not later than three weeks following the end of each calendar
month, commencing with the calendar month in which STC makes its first capital
contribution to the Company, the Manager shall provide to STC and, upon the
written request of the Trust, to the Trust, a monthly accounting of all receipts,
revenues, costs, expenses, and liabilities incurred by the Company during such
month. Said accounting shall be in a form and contain such information as may
be reasonably required from time to time by STC. At the request of STC or the
15
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0068471
SDNY_GM_00214655
CONFIDENTIAL
EFTA01373996
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SWIFT/BIC
ACCOUNTSRelated Documents (6)
DOJ Data Set 10CorrespondenceUnknown
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DOJ Data Set 10CorrespondenceUnknown
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DOJ Data Set 9OtherUnknown
From: "Jeffrey E." <[email protected]>
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