Common use of Fiscal Year and Accounting Clause in Contracts

Fiscal Year and Accounting. Except as otherwise approved by the Members, or required by law, the fiscal year of the Company shall be the calendar year and the books of the Company shall be kept on the accrual method.

Appears in 6 contracts

Samples: Operating Agreement (Genzyme Transgenics Corp), Collaboration Agreement (Dyax Corp), Collaboration Agreement (Dyax Corp)

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Fiscal Year and Accounting. Except as otherwise approved determined by the Members, or required by lawMember, the fiscal year of the Company shall be the calendar year and the year. The books of the Company shall be kept on such method as the accrual methodMember shall from time to time determine consistent with generally accepted accounting principles.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Wellman Inc), Limited Liability Company Agreement (Wellman Inc)

Fiscal Year and Accounting. Except as otherwise approved by the -------------------------- Members, or required by law, the fiscal year of the Company shall be the calendar year and the books of the Company shall be kept on the accrual method.

Appears in 1 contract

Samples: Operating Agreement (Biomarin Pharmaceutical Inc)

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Fiscal Year and Accounting. Except as otherwise approved by the MembersBoard of Directors, or required by law, the fiscal year of the Company shall be the calendar year and the books of the Company shall be kept on the accrual method.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cyberkinetics Neurotechnology Systems, Inc.)

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