Common use of Accounting Year Clause in Contracts

Accounting Year. Accounting year shall be 12 full calendar months. Accounting year may be established by CONTRACTOR, provided CONTRACTOR notifies COUNTY Auditor-Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by COUNTY Auditor-Controller unless Auditor-Controller has objected to CONTRACTOR’S selection in writing within 60 days of CONTRACTOR’S written notification. In the event CONTRACTOR fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the 12-month period contained in the first one- year term of the CONTRACT. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the CONTRACT commencement is not is same, shall be accounted for as if it were a complete accounting year. Once an accounting year is established, it shall be continued through the term of the CONTRACT unless COUNTY Auditor-Controller specifically approves in writing a different accounting year. COUNTY Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on CONTRACTOR, and not because of mere convenience or inconvenience.

Accounting Year. Accounting year shall be 12 twelve full calendar months. Accounting The accounting year may be established by CONTRACTOR, provided CONTRACTOR notifies COUNTY Auditor-Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by COUNTY Auditor-Controller unless Auditor-Controller has objected to CONTRACTOR’S 's selection in writing within 60 sixty (60) days of CONTRACTOR’S 's written notification. In the event CONTRACTOR fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the 12twelve-month period contained in the first one- one-year term of the CONTRACT. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the CONTRACT lease commencement is not is be the same, shall be accounted for as if it were a complete accounting year. Once an accounting year is established, it shall be continued through the term of the CONTRACT unless COUNTY Auditor-Controller specifically approves in writing a different accounting year. COUNTY Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on CONTRACTOReither the CONTRACTOR or COUNTY, and not because of mere convenience or inconvenience.

Accounting Year. Accounting year shall be 12 full calendar months. Accounting year may be established by CONTRACTORCONSULTANT, provided CONTRACTOR CONSULTANT notifies COUNTY Auditor-Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by COUNTY Auditor-Controller unless Auditor-Controller has objected to CONTRACTOR’S CONSULTANT's selection in writing within 60 days of CONTRACTOR’S CONSULTANT's written notification. In the event CONTRACTOR CONSULTANT fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the 12-month period contained in the first one- one-year term of the CONTRACT. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the CONTRACT commencement is not is same, shall be accounted for as if it were a complete accounting year. Once an accounting year is established, it shall be continued through the term of the CONTRACT unless COUNTY Auditor-Controller specifically approves in writing a different accounting year. COUNTY Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on CONTRACTORCONSULTANT, and not because of mere convenience or inconvenience.

Accounting Year. Accounting year shall be 12 full calendar months. Accounting year may be established by CONTRACTOR, provided CONTRACTOR notifies COUNTY Auditor-Auditor- Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by COUNTY Auditor-Controller unless Auditor-Controller has objected to CONTRACTOR’S 's selection in writing within 60 days of CONTRACTOR’S 's written notification. In the event CONTRACTOR fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the 12-12 month period contained in the first one- one-year term of the CONTRACT. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the CONTRACT commencement is not is same, shall be accounted for as if it were a complete accounting year. Once an accounting year is established, it shall be continued through the term of the CONTRACT unless COUNTY Auditor-Controller specifically approves in writing a different accounting year. COUNTY Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on CONTRACTOR, and not because of mere convenience or inconvenience.