Accounting Cycle Sample Clauses

Accounting Cycle. (a) With respect to the Tax Liens (other than the PACE Charge Liens) serviced hereunder, the Servicer shall deliver, on or before the 15th day of each month, to the Issuer, the Owner and the Collateral Agent and Custodian a monthly collection report in a form agreed to by the parties hereto (the “Monthly Accounting Report”), current as of the close of business on the last Business Day of the previous month. (b) With respect to the PACE Charge Liens serviced hereunder, the Servicer shall deliver, on or before the 15th day of the month following the related Payment Date, to the Issuer, the PACE Program Administrator and the Collateral Agent and Custodian a quarterly collection report in a form agreed to by the parties hereto (the “Quarterly Accounting Report”), current as of the close of business on the related Payment Date.
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Accounting Cycle. All orders that have been sent through HQ by the close of the month will be processed for payment in that month. A Monthly Statement listing all transactions in which you were involved together with other fees will normally be prepared and mailed on the first working day of the new month. This Statement will give the amount that is to be paid by or to you on Settlement Day specified on the Quick Reference Card. All accounts with HQ must be settled in full each month.
Sample 1
Accounting Cycle. The accounting cycle is designed to accurately and timely process, record, summarize, and report transactions of FLACS. FLACS will maintain its accounting records and related financial reports on the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recognized when incurred (goods transferred or services rendered). The component accounting cycles fall into one of five primary functions: 1) Revenue, Accounts Receivable and Cash Receipts 2) Purchases, Accounts Payable and Cash Disbursements
Sample 1

Related to Accounting Cycle

  • 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.

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”). (2) Maintain tax lot detail for the Fund’s investment portfolio. (3) Calculate taxable gain/loss on security sales using the tax lot relief method designated by the Trust. (4) Provide the necessary financial information to calculate the taxable components of income and capital gains distributions to support tax reporting to the shareholders.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • Accounting System Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Lender.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Accounting Changes; Fiscal Year No Group Member shall change its (a) accounting treatment or reporting practices, except as required by GAAP or any Requirement of Law, or (b) its fiscal year or its method for determining fiscal quarters or fiscal months.

  • Accounting Reports (a) By February 20 of each calendar year the General Partner shall provide to the Limited Partner and the Special Limited Partner all tax information necessary for the preparation of their federal and state income tax returns and other tax returns with regard to the jurisdiction(s) in which the Partnership is formed and in which the Apartment Housing is located. (b) By March 1 of each calendar year the General Partner shall send to the Limited Partner and the Special Limited Partner: (1) a balance sheet as of the end of such fiscal year and statements of income, Partners' equity and changes in cash flow for such fiscal year prepared in accordance with generally accepted accounting principles and accompanied by an auditor's report containing an opinion of the Partnership's Accountants; (2) a report (which need not be audited) of any Distributions made at any time during the fiscal year, separately identifying Distributions from Net Operating Income for the fiscal year, Net Operating Income for prior years, Sale or Refinancing Proceeds, and reserves; and (3) a report setting forth the amount of all fees and other compensation and Distributions and reimbursed expenses paid by the Partnership for the fiscal year to the General Partner or Affiliates of the General Partner and the services performed in consideration therefor, which report shall be verified by the Partnership's Accountants, with the method of verification to include, at a minimum, a review of the time records of individual employees, the costs of whose services were reimbursed, and a review of the specific nature of the work performed by each such employee, all in accordance with generally accepted auditing standards and, accordingly, including such tests of the accounting records and such other auditing procedures as the Accountants consider appropriate in the circumstances. (c) Within 60 days after the end of each fiscal quarter in which a Sale or Refinancing of the Apartment Housing occurs, the General Partner shall send to the Limited Partner and the Special Limited Partner a report as to the nature of the Sale or Refinancing and as to the Income and Losses for tax purposes and proceeds arising from the Sale or Refinancing.

  • Accounting Matters Unless otherwise stated, all accounting terms used in this Agreement shall have the meanings attributable thereto under IFRS and all determinations of an accounting nature required to be made hereunder shall be made in a manner consistent with IFRS.

  • Accounting Reference Date The Accounting Reference Date of each member of the Group is 31 December.

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