Calendar Year Accounting Sample Clauses

Calendar Year Accounting. Except as provided in § 280.9 (relating to the final year of an ODS agreement), the calculations required under this part for years after 1973 shall be on the basis of voyages terminated during the calendar year. Calculations for the cal- endar year 1973 shall be made on the basis of voyages commenced and termi- nated in 1973.
Sample 1
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Calendar Year Accounting. For the convenience of the Authority, this Lease Agreement will generally be administered financially on a calendar year basis. Consequently, in the event that the Rent Commencement Date falls on any date other than January 1 or the Expiration Date falls on any date other than December 31, the Lease Agreement term will include partial calendar years at the beginning and end of the Lease Agreement term. As used in this Lease Agreement: (i) the term “First Calendar Year” will refer to the first, full calendar year of the Lease Agreement term, (ii) the term “First Partial Year” will refer to that portion of the calendar year commencing on the Rent Commencement Date and ending on December 31 of the year in which the Rent Commencement Date falls; (iii) the term “Last Calendar Year” will refer to the last, full calendar year of the Lease Agreement term; and (iv) the term “Last Partial Year” will refer to that portion of the calendar year commencing on January 1 following the Last Calendar Year and ending on the Expiration date (or earlier termination date); provided, however, (a) in the event that the Rent Commencement Date falls on January 1, there shall be no First Partial Year, and (b) in the event that the Expiration Date falls on December 31, there shall be no Last Partial Year.
Sample 1
Calendar Year Accounting. For the convenience of the Port, this Agreement will generally be administered financially on a calendar year basis. Consequently, in the event that the Rent Commencement Date falls on anything other than January 1 or the Expiration Date falls on anything other than December 31, the Agreement term will include partial calendar years at the beginning and end of the Agreement term.
Sample 1

Related to Calendar Year Accounting

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

  • Calendar Year Calendar Year" for the purposes of this Agreement shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • 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.

  • Annual Accounting The Custodian shall, at least annually, provide the Depositor or Beneficiary (in the case of death) with an accounting of such Depositor's account. Such accounting shall be deemed to be accepted by the Depositor or the Beneficiary, if the Depositor or Beneficiary does not object in writing within 60 days after the mailing of such accounting statement.

  • Fiscal Year and Accounting Method The fiscal year of the Company shall be as designated by the Board of Directors. The Board of Directors shall also determine the accounting method to be used by the Company.

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

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • 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.

  • Annual Accounts A copy of the final audited financial statements including Balance Sheets and Profit and Loss Accounts with associated accounting policies and notes to the accounts within the 10 Months of the end of the accounting period, as per the deadline imposed by Companies House, for Contractors registered in the UK. Where Contractors are not registered with Companies House, they must forward the information detailed in Annex 1. Where Annual Accounts are not signed off, we may request a copy of the latest Financial Year Draft Accounts prior to Annual Accounts being signed off. The draft accounts should include Balance Sheet and Profit and Loss Account with associated accounting policies and notes to the Accounts.

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