Common use of Accounting and Fiscal Year Clause in Contracts

Accounting and Fiscal Year. Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

Appears in 24 contracts

Samples: Limited Partnership Agreement (Shawnee Gardens Healthcare & Rehabilitation Center LLC), Limited Partnership Agreement (Leasehold Resource Group LLC), Limited Partnership Agreement (Leasehold Resource Group LLC)

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Accounting and Fiscal Year. Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, year or on such other date permitted under the Code as the General Partner shall determine.

Appears in 7 contracts

Samples: Limited Partnership Agreement (Cke Restaurants Inc), Limited Partnership Agreement (Aeroways, LLC), Limited Partnership Agreement (Verso Paper Corp.)

Accounting and Fiscal Year. Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The Unless otherwise required by the Code, the fiscal year of the Partnership shall be the same fiscal year as that shared by a majority in interest of its Partners or, absent such a common fiscal year, shall begin on January 1 and end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

Appears in 1 contract

Samples: Limited Partnership Agreement (Pm Management Inc)

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Accounting and Fiscal Year. Subject to Code Section 448448 of the Code, the books of the Partnership shall be kept on such method methods of accounting for tax and financial reporting purposes as may be determined required by the General Partnergenerally accepted accounting principles. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner Partners shall determine.

Appears in 1 contract

Samples: Limited Partnership Agreement (York Research Corp)

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