Common use of Fiscal Year and Method of Accounting Clause in Contracts

Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January 1 of each year (except for the first fiscal year of the Company, which shall begin on the date upon which the Certificate of Formation was filed) and end on the following December 31 (except for the last fiscal year of the Company, which shall end on the date on which the Company is terminated). The Managing Member shall select the appropriate method of accounting for the Company.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement (El Pollo Loco Holdings, Inc.), Limited Liability Company Operating Agreement (EPL Intermediate, Inc.)

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Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January 1 of each year (except for the first fiscal year of the Company, Company which shall begin on the date upon which the Certificate of Formation was filedthis Agreement) and end on the following December 31 (except for the last fiscal year of the Company, Company which shall end on the date on which the Company is terminated). The Managing Member Company shall select the appropriate method of accounting for the Companyaccounting.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Intcomex Holdings, LLC), Operating Agreement (Intcomex Holdings, LLC), Limited Liability Company Operating Agreement (Memc Electronic Materials Inc)

Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January July 1 of each year (except for the first fiscal year of the Company, which shall begin on the date upon which the Certificate of Formation was filed) and end on the following December 31 June 30 of such year (except for the last fiscal year of the Company, Company which shall end on the date on which the Company is terminated). The Managing Member Company shall select the appropriate method of accounting for the Companyaccounting.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January 1 of each year (except for the first fiscal year of the Company, which shall begin on the date upon which the Certificate of Formation was filed) and end on the following December 31 (except for the last fiscal year of the Company, which shall end on the date on which the Company is terminated). The Managing Member Members shall select the appropriate method of accounting for the Company.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Standard & Poor's Financial Services LLC), Limited Liability Company Agreement (Standard & Poor's Financial Services LLC)

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Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January 1 of each year (except for the first fiscal year of the Company, which shall begin on the date upon which the Certificate of Formation was filed) and end on the following December 31 (except for the last fiscal year of the Company, which shall end on the date on which the Company is terminated). The Managing Member Board of Managers shall select the appropriate method of accounting for the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Standard & Poor's Financial Services LLC)

Fiscal Year and Method of Accounting. The fiscal year of the Company shall begin on January 1 of each year (except for the first fiscal year of the Company, Company which shall begin on the date upon which the Certificate of Formation was filedthis Agreement) and end on the following December 31 (except for of each year, unless otherwise agreed to by the last fiscal year unanimous consent of the all Members. The Company, which 's books of account and records shall end be maintained in a manner consistent with GAAP applied on the date on which a consistent basis and the Company is terminated). The Managing Member shall select elect to use the appropriate accrual method of accounting for the Companyaccounting.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (All American Communications Inc)

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