Accounting Matters and Fiscal Periods Sample Clauses

Accounting Matters and Fiscal Periods. (a) Manager shall maintain books and records reflecting the results of Hotel operations in accordance with the Accounting Principles. In consideration thereof, Manager shall be paid the Accounting Fee as provided in Article 8. Owner and Manager and their respective independent accounting firms will have the right to examine such books and records of the Hotel at any reasonable time and to make and retain copies thereof at the requesting party’s expense.
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Accounting Matters and Fiscal Periods. (a) The books and records for the Trade Name Operations, as well as the House F&B Operations, will be kept by Hotel Manager in accordance with the Uniform System of Accounts for Hotels as amended from time to time. Such books and records shall be maintained by Hotel Manager either at the Hotel or at the regional accounting office of Hotel Manager which serves the Hotel. Hotel Manager will continue to provide accounting services for payroll, capital purchases, and profit and loss/operating statement generation. The cost of accounting services will not be a deduction in computing Departmental Profits (as hereinafter defined).
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Accounting Matters and Fiscal Periods. 25 8.2 Operating Budget/Annual Plan......................................................... 26 8.2.1 Fiscal Authority and Constraint............................................. 26 8.2.2 Food and Beverage Pricing/Advertising and Marketing......................... 26 8.2.3 Compliance.................................................................. 26 8.2.4 Adjustment to Annual Plan................................................... 27 8.3
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Accounting Matters and Fiscal Periods. (a) Complete and accurate books and records reflecting Entertainment Facility operations shall be kept by Manager in accordance with Standard Accounting Principles and shall be maintained either at the Entertainment Facility or at the national or any regional office of Manager or Manager's Affiliate, at Manager's option. Owner shall be solely responsible to maintain ownership level books and accounts reflecting Ownership Costs, the costs of Owner's sales and marketing programs, and Owner's tax and accounting matters. Owner's Accountant(s) shall have the right and privilege of examining the books and records maintained by Manager during normal working hours (Monday-Friday) upon no less than forty eight (48) hours advance written notice.
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Accounting Matters and Fiscal Periods. (a) The books and records reflecting the Project operations shall be kept by Project Manager in accordance with the Generally Accepted Accounting Principles applied on a consistent basis, and shall be maintained at the Project. Company's, Lily Pond's, and Project Manager' s independent accounting firms shall each have the right and privilege of examining the books and records of the Project upon reasonable prior notice to Project Manager.
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Accounting Matters and Fiscal Periods. (i) At the cost and expense of the Company, the Manager shall cause an audit of the Company’s annual financial statements to be performed following the end of each Fiscal Year (and upon termination of the Agreement if not coincident with a Fiscal Year end) by a nationally-recognized, independent certified public accounting firm with expertise in gaming proposed by the Manager and approved by the Executive Committee pursuant to the terms of the Agreement.
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Accounting Matters and Fiscal Periods 
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Related to Accounting Matters and Fiscal Periods

  • 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.

  • Accounting Matters If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Accounting and Financial Determinations Unless otherwise specified, all accounting terms used herein or in any other Loan Document shall be interpreted, all accounting determinations and computations hereunder or thereunder (including under Section 7.2.4) shall be made, and all financial statements required to be delivered hereunder or thereunder shall be prepared in accordance with, those generally accepted accounting principles ("GAAP") applied in the preparation of the financial statements referred to in Section 6.5.

  • Accounting Provisions Unless otherwise expressly provided herein, all references in this Agreement to GAAP shall mean GAAP as in effect on the date of this Agreement as published by the Financial Accounting Standards Board. All accounting terms used in this Agreement and not defined expressly, completely or specifically herein shall have the respective meanings given to them, and shall be construed, in accordance with GAAP. All financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in accordance with GAAP applied in a manner consistent with that used to prepare the most recent audited consolidated financial statements of the Borrower and its Subsidiaries. All financial or accounting calculations or determinations required pursuant to this Agreement shall be made, and all references to the financial statements of the Borrower, Adjusted EBITDA, Senior Secured Debt, Total Debt, Interest Expense, Consolidated Total Assets and other such financial terms shall be deemed to refer to such items, unless otherwise expressly provided herein, on a consolidated basis for the Borrower and its Subsidiaries. Notwithstanding the foregoing, leases shall continue to be classified and accounted for on a basis consistent with that reflected in the financial statements of the Borrower for the fiscal year ended December 31, 2018 for all purposes, notwithstanding any change in GAAP relating thereto, including with respect to Accounting Standards Codification 842.

  • Accounting Terms; Financial Statements All accounting terms used herein not expressly defined in this Agreement shall have the respective meanings given to them in accordance with sound accounting practice. The term “sound accounting practice” shall mean such accounting practice as, in the opinion of the independent certified public accountants regularly retained by the Company, conforms at the time to GAAP applied on a consistent basis except for changes with which such accountants concur.

  • General Accounting Matters (a) GP-Related Net Income (Loss) shall be determined by the General Partner at the end of each accounting period and shall be allocated as described in Section 5.4.

  • Fiscal Year and Accounting Methods Borrower may not and may not permit any Company to change its fiscal year or its method of accounting (other than immaterial changes in methods or as required or permitted by GAAP).

  • Certain Accounting Matters (a) At all times during the existence of the Trust, the Administrative Trustees shall keep, or cause to be kept at the principal office of the Trust in the United States, as defined for purposes of Treasury Regulations section 301.7701-7, full books of account, records and supporting documents, which shall reflect in reasonable detail each transaction of the Trust. The books of account shall be maintained on the accrual method of accounting, in accordance with generally accepted accounting principles, consistently applied.

  • Accounting Methods and Financial Records Maintain a system of accounting, and keep such books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP and in compliance with the regulations of any Governmental Authority having jurisdiction over it or any of its properties.

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