Common use of Accounting and Fiscal Year Clause in Contracts

Accounting and Fiscal Year. The books of the Company shall be kept on the accrual basis and the Company shall report its operations for tax purposes on the accrual method. The taxable year of the Company shall end on December 31 of each year, unless a different taxable year shall be required by the Code.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Interstate Hotels Management Inc), Limited Liability Company Agreement (Interstate Hotels Management Inc), Limited Liability Company Agreement (Interstate Hotels Management Inc)

AutoNDA by SimpleDocs

Accounting and Fiscal Year. The books of the Company shall be kept on the accrual basis and the Company shall report its operations for tax purposes on the accrual method. The taxable fiscal year of the Company shall end on December 31 of each year, unless a different taxable fiscal year shall be required by the Code.

Appears in 6 contracts

Samples: Limited Liability Company Operating Agreement (Broadview Networks Holdings Inc), Operating Agreement (Peninsula Gaming, LLC), Operating Agreement (Old Evangeline Downs Capital Corp)

Accounting and Fiscal Year. The books of the Company shall be kept on the accrual basis in accordance with GAAP and on a tax basis and the Company shall report its operations for tax purposes on the accrual method. The taxable fiscal year and federal income tax year of the Company shall end on December 31 of each year, unless a different taxable tax year shall be required by the Code.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.), Limited Liability Company Agreement (Behringer Harvard Opportunity REIT II, Inc.)

Accounting and Fiscal Year. The books of the Company shall be kept on the accrual basis in accordance with GAAP and on a tax basis and the Company shall report its operations for tax purposes on the accrual method. The taxable fiscal year and tax year of the Company shall end on December 31 of each year, unless a different taxable tax year shall be required by the Code.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (ACP Watermark Investment LLC), Limited Liability Company Agreement (Strategic Realty Trust, Inc.), Limited Liability Company Agreement (Strategic Realty Trust, Inc.)

AutoNDA by SimpleDocs

Accounting and Fiscal Year. The books of the Company shall be kept on the accrual basis and the in accordance with GAAP. The Company also shall report its operations for tax purposes on the accrual method. The taxable fiscal year and tax year of the Company shall end on December 31 of each year, unless a different taxable tax year shall be required by the Code.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hudson Pacific Properties, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!