Method of Accounting and Fiscal Year Sample Clauses

Method of Accounting and Fiscal Year. The Company’s books of account shall be maintained on the cash or accrual basis, as determined by Management. The Company’s fiscal year shall be the calendar year unless determined otherwise by Management.
Sample 1Sample 2
AutoNDA by SimpleDocs
Method of Accounting and Fiscal Year. The Company’s Records shall be maintained pursuant to the method of accounting and on the fiscal year as determined by the Management Committee. , The Company’s fiscal year shall end on December 31st of each year.
Sample 1
Method of Accounting and Fiscal Year. In the preparation of its financial statements the Company shall employ generally accepted accounting principles consistently applied in a manner as the Accounting Member shall determine. In choosing between acceptable alternative methods of accounting the Accounting Member shall adopt such methods as most closely conform with the methods of accounting employed by the Members. If the methods of accounting employed by the Members differ, the Accounting Member shall select such method or methods which produce the least disparity between the method employed by the Company for financial statement purposes and that employed by a majority of the Members for federal income tax purposes. If no such method or methods exist the good faith determination of the Accounting Member shall be conclusive.
Sample 1

Related to Method of Accounting and Fiscal Year

  • Accounting and Fiscal Year Subject to Section 448 of the Code, the books of the Company shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the Management Committee. The Fiscal Year of the Company shall be the calendar year.

  • Method of Accounting The Company will use the method of accounting previously determined by the Members for financial reporting and tax purposes.

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

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser.

  • Accounting and Financial Determinations Unless otherwise specified, all accounting terms used herein or in any other Loan Document shall be interpreted, all accounting determinations and computations hereunder or thereunder (including under Section 7.2.4) shall be made, and all financial statements required to be delivered hereunder or thereunder shall be prepared in accordance with, those generally accepted accounting principles ("GAAP") applied in the preparation of the financial statements referred to in Section 6.5.

  • Fiscal Year and Accounting Methods Borrower may not and may not permit any Company to change its fiscal year or its method of accounting (other than immaterial changes in methods or as required or permitted by GAAP).

  • Accounting Services The Manager will provide all accounting services customarily required by investment companies, in accordance with the requirements of applicable laws, rules and regulations and with the policies and practices of each Series as communicated to the Manager from time to time, including, but not limited to, the following:

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.