Common use of Accounting and Fiscal Year Clause in Contracts

Accounting and Fiscal Year. The books of the Partnership will be kept on the accrual basis of accounting and will be kept consistent with US generally accepted accounting principles. The Partnership will report its operations for tax purposes using the accrual method. The “Fiscal Year” of the Partnership shall end December 31 in each year.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Industrial Property Trust Inc.), Industrial Property Trust Inc., Industrial Property Trust Inc.

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Accounting and Fiscal Year. The books of the Partnership will be kept on the accrual basis of accounting and will be kept consistent with US generally accepted accounting principlesbasis. The Partnership will report its is operations for tax purposes using on the accrual method. The Fiscal Year” Year of the Partnership shall end December 31 in each year.

Appears in 2 contracts

Samples: Fairfield Inn by Marriott LTD Partnership, Fairfield Inn by Marriott LTD Partnership

Accounting and Fiscal Year. The books Books of the Partnership will shall be kept on the accrual basis of maintained in accordance with accounting and will be kept consistent with US generally accepted accounting principlesmethods employed for federal income tax reporting purposes. The Partnership will report its operations for tax purposes using the accrual method. The “Fiscal Year” Year of the Partnership shall end December 31 in of each year, unless otherwise required by Section 706 of the Code.

Appears in 2 contracts

Samples: Agreement (RPC Bramlage, Inc.), RPC Bramlage, Inc.

Accounting and Fiscal Year. The books of the Partnership will be kept on the accrual basis of accounting and will be kept consistent with US generally accepted accounting principlesbasis. The Partnership will report its operations for tax purposes using on the accrual method. The Fiscal Year” Year of the Partnership shall end December 31 in each year.

Appears in 2 contracts

Samples: Hanover Marriott Limited Partnership, Desert Springs Marriott Limited Partnership

Accounting and Fiscal Year. The books of the Partnership will be kept on the accrual basis of accounting and will be kept consistent in accordance with US generally accepted accounting principles. The Partnership will report its operations for tax purposes using on the accrual method. The Fiscal Year” Year of the Partnership shall end December 31 in each year.

Appears in 1 contract

Samples: Marriott Hotel Properties Ii Limited Partnership

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Accounting and Fiscal Year. The books of the Partnership will shall be kept on the accrual basis of accounting and will be kept consistent in accordance with US generally accepted accounting principles. The principles and on a tax basis and the Partnership will shall report its operations for tax purposes using on the accrual method. The “Fiscal Year” fiscal year of the Partnership shall end December 31 in on November 30 of each year, unless a different fiscal year shall be required by the Code or otherwise determined by the General Partner (the “Fiscal Year”).

Appears in 1 contract

Samples: Emergent Capital, Inc.

Accounting and Fiscal Year. The books of the Partnership will be kept on the accrual basis of accounting and will be kept consistent with US generally accepted accounting principlesaccounting. The Partnership will report its operations for tax purposes using on the accrual method. The Fiscal Year” Year of the Partnership shall end December 31 in each year.

Appears in 1 contract

Samples: Marriott Diversified American Hotels L P

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