Common use of Records and Accounting; Fiscal Year Clause in Contracts

Records and Accounting; Fiscal Year. The books and records of the Company must be kept, and the financial position and the results of its operations recorded, in accordance with the accounting methods elected to be followed by the company for federal and state income tax purposes. The books and records of the Company must reflect all Company transactions and must be appropriate and adequate for the Company's business. The fiscal year of the Company for financial reporting and for federal income tax purposes is the calendar year.

Appears in 3 contracts

Samples: Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp)

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Records and Accounting; Fiscal Year. The books and records of the Company must be kept, and the financial position and the results of its operations recorded, in accordance with the accounting methods elected to be followed by the company Company for federal and state income tax purposes. The books and records of the Company must reflect all Company transactions and must be appropriate and adequate for the Company's business. The fiscal year of the Company for financial reporting and for federal income tax purposes is the calendar year.

Appears in 3 contracts

Samples: Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp), Operating Agreement (Dover Investments Corp)

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Records and Accounting; Fiscal Year. The books and records of the Company must be kept, kept and the financial position and the results of its operations recorded, in accordance with the accounting methods elected to be followed by the company for federal and state income tax purposes. The books and records of the Company must reflect all Company transactions and must be appropriate and adequate for the Company's business. The fiscal year of the Company for financial reporting and for federal income tax purposes is the calendar year.

Appears in 2 contracts

Samples: Operating Agreement (Dover Investments Corp), Dover Investments Corp

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