Financial Accounting Conventions. (a) The Company shall adopt and follow Japanese GAAP. (b) Notwithstanding anything to the contrary in Appendix A, the first Fiscal Year shall begin on the date of formation of the Company and end on March 31, 2007. (c) The Company shall in principle (but subject to applicable Law) utilize a five-year straight line depreciation method for manufacturing equipment.
Appears in 4 contracts
Samples: Operating Agreement (Sandisk Corp), Operating Agreement (Western Digital Corp), Operating Agreement
Financial Accounting Conventions. (a) The Company shall adopt and follow Japanese GAAP.
(b) Notwithstanding anything to the contrary in Appendix A, the first Fiscal Year shall begin on the date of formation of the Company and end on March 31, 20072011.
(c) The Company shall in principle (but subject to applicable Law) utilize a five-year straight line depreciation method for manufacturing equipment.
Appears in 3 contracts
Samples: Operating Agreement (Sandisk Corp), Operating Agreement (Western Digital Corp), Operating Agreement (Sandisk Corp)
Financial Accounting Conventions. (a) The Company shall adopt and follow Japanese GAAP.
(b) Notwithstanding anything to the contrary in Appendix A, the first Fiscal Year shall begin on the date of formation of the Company April 1, 2004 and end on March 31, 20072005.
(c) The Company shall in principle (but subject to applicable Law) utilize a five-year straight line depreciation method for manufacturing equipment.
Appears in 2 contracts
Samples: Operating Agreement (Sandisk Corp), Operating Agreement (Sandisk Corp)
