Administrative Member shall deliver to the Members no later than fifteen (15) calendar days after the previous month end date (i) the trial balance, balance sheet, statement of operations, statement of members equity, statement of monthly cash flows and the rent roll, (ii) any financial reports required by any Loan, (iii) all other reports required to be prepared by the Property Manager under the Management Agreement, and (iv) no later than one hundred twenty (120) days after the end of a calendar year, a statement of the Members’ Capital Accounts and changes therein during such applicable calendar year. To the extent applicable, the reports required by this Section 8.2 shall be prepared in accordance with generally accepted accounting principles in the United States, consistently applied and shall be reconciled to comply with the methods followed by the Company for U.S. Federal income tax purposes, consistently applied. All reports and financial statements required by this Section 8.2 shall be in form and substance satisfactory to the Members. The reasonable out-of-pocket expenses incurred in connection with the preparation of such reports and statements shall be reimbursed by the Company to Administrative Member. Any Member may request an audit of any such reports at their own cost and expense, with such audit to be performed by BDO USA LLP, or such other firm of independent certified public accountants approved by the Members as a Major Decision.