Common use of FISCAL YEAR; ACCOUNTING PERIODS Clause in Contracts

FISCAL YEAR; ACCOUNTING PERIODS. The fiscal year of this Fund shall end on each December 31. This Fund's accounting periods ("Accounting Periods"), as of the end of each of which increases and decreases in this Fund's Net Assets shall be calculated and reflected in the Net Asset Value of the Units issued by this Fund, shall commence: (i) as of the day that this Fund first begins operations; (ii) as of the day that any Unit is issued; (iii) as of the day immediately following any redemption of Units or withdrawal from an Investor's Capital Account; (iv) as of the beginning of each calendar month; and (v) as of such other day as the Manager may determine. An Accounting Period shall end on the day immediately preceding the beginning of the next Accounting Period. XX Xxxxxx FuturesAccess LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML Winton FuturesAccess LLC)

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FISCAL YEAR; ACCOUNTING PERIODS. The fiscal year of this Fund shall end on each December 31. This Fund's ’s accounting periods ("Accounting Periods"), as of the end of each of which increases and decreases in this Fund's ’s Net Assets shall be calculated and reflected in the Net Asset Value of the Units issued by this Fund, shall commence: (i) as of the day that this Fund first begins operations; (ii) as of the day that any Unit is issued; (iii) as of the day immediately following any redemption of Units or withdrawal from an Investor's ’s Capital Account; (iv) as of the beginning of each calendar month; and (v) as of such other day as the Manager may determine. An Accounting Period shall end on the day immediately preceding the beginning of the next Accounting Period. XX Xxxxxx FuturesAccess LLC Limited Liability Company Operating Agreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML APM Global Commodity FuturesAccess LLC)

FISCAL YEAR; ACCOUNTING PERIODS. The fiscal year of this Fund shall end on each December 31. This Fund's accounting periods ("Accounting Periods"), as of the end of each of which increases and decreases in this Fund's Net Assets shall be calculated and reflected in the Net Asset Value of the Units issued by this Fund, shall commence: (i) as of the day that this Fund first begins operations; (ii) as of the day that any Unit is issued; (iii) as of the day immediately following any redemption of Units or withdrawal from an Investor's Capital Account; (iv) as of the beginning of each calendar month; and (v) as of such other day as the Manager may determine. An Accounting Period shall end on the day immediately preceding the beginning of the next Accounting Period. XX Xxxxxx ML Cornerstone FuturesAccess LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML Cornerstone FuturesAccess LLC)

FISCAL YEAR; ACCOUNTING PERIODS. The fiscal year of this Fund shall end on each December 31. This Fund's accounting periods ("Accounting Periods"), as of the end of each of which increases and decreases in this Fund's Net Assets shall be calculated and reflected in the Net Asset Value of the Units issued by this Fund, shall commence: (i) as of the day that this Fund first begins operations; (ii) as of the day that any Unit is issued; (iii) as of the day immediately following any redemption of Units or withdrawal from an Investor's Capital Account; (iv) as of the beginning of each calendar month; and (v) as of such other day as the Manager may determine. An Accounting Period shall end on the day immediately preceding the beginning of the next Accounting Period. XX Xxxxxx ML Aspect FuturesAccess LLC Limited Liability Company Operating Agreement

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML Aspect FuturesAccess LLC)

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FISCAL YEAR; ACCOUNTING PERIODS. The fiscal year of this Fund shall end on each December 31. This Fund's accounting periods ("Accounting Periods"), as of the end of each of which increases and decreases in this Fund's Net Assets shall be calculated and reflected in the Net Asset Value of the Units issued by this Fund, shall commence: (i) as of the day that this Fund first begins operations; (ii) as of the day that any Unit is issued; (iii) as of the day immediately following any redemption of Units or withdrawal from an Investor's Capital Account; (iv) as of the beginning of each calendar month; and (v) as of such other day as the Manager may determine. An Accounting Period shall end on the day immediately preceding the beginning of the next Accounting Period. XX Xxxxxx ML Appleton FuturesAccess LLC Limited Liability Company Operating AgreementXxxxxxxxx

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (ML Appleton FuturesAccess LLC)

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