Common use of The Accounting Year Clause in Contracts

The Accounting Year. The accounting year shall be twelve full calendar months. The accounting year may be established by Tenant, provided Tenant notifies Auditor-Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by Auditor-Controller unless Auditor-Controller has objected to Tenant’s selection in writing within sixty (60) days of Tenant’s written notification. 15.2.1. In the event Tenant fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the twelve-month period contained in the first one-year term of the Lease. 15.2.2. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the lease commencement not be the same, shall be accounted for as if it were a complete accounting year. 15.2.3. Once an accounting year is established, it shall be continued through the term of the lease unless Auditor-Controller specifically approves in writing a different accounting year. Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on either the Tenant or County, and not because of mere convenience or inconvenience.

The Accounting Year. The accounting year shall be twelve full calendar months. The accounting year may be established by TenantTENANT, provided Tenant TENANT notifies Auditor-Auditor- Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by Auditor-Controller unless Auditor-Controller has objected to TenantTENANT’s selection in writing within sixty (60) days of TenantTENANT’s written notification. 15.2.1. In the event Tenant TENANT fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the twelve-month period contained in the first one-year term of the Lease. 15.2.2. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the lease Lease commencement not be the same, shall be accounted for as if it were a complete accounting year. 15.2.3. Once an accounting year is established, it shall be continued through the term of the lease Lease unless Auditor-Controller specifically approves in writing a different accounting year. Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on either the Tenant TENANT or CountyCOUNTY, and not because of mere convenience or inconvenience.

The Accounting Year. The accounting year shall be twelve full calendar months. The accounting year may be established by TenantTENANT, provided Tenant TENANT notifies Auditor-Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by Auditor-Controller unless Auditor-Controller has objected to TenantTENANT’s selection in writing within sixty (60) days of TenantTENANT’s written notification. 15.2.1. In the event Tenant TENANT fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the twelve-month period contained in the first one-year term of the Lease. 15.2.2. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the lease commencement not be the same, shall be accounted for as if it were a complete accounting year. 15.2.3. Once an accounting year is established, it shall be continued through the term of the lease unless Auditor-Controller specifically approves in writing a different accounting year. Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on either the Tenant TENANT or CountyCOUNTY, and not because of mere convenience or inconvenience.

The Accounting Year. The accounting year shall be twelve full calendar months. The accounting year may be established by Tenant, TENANT provided Tenant TENANT notifies Auditor-Auditor- Controller in writing of the accounting year to be used. Said accounting year shall be deemed to be approved by Auditor-Controller unless Auditor-Controller has objected to TenantTENANT’s selection in writing within sixty (60) days of TenantTENANT’s written writing notification. 15.2.1. In the event Tenant TENANT fails to establish an accounting year of its choice, regardless of the cause, the accounting year shall be synonymous with the twelve-month period contained in the first one-year term of the Lease. 15.2.2. Any portion of a year that is not reconciled, should the accounting year and the anniversary year of the lease Lease commencement not be the same, shall be accounted for as if it were a complete accounting year. 15.2.3. Once an accounting year is established, it shall be continued through the term of the lease Lease unless Auditor-Controller specifically approves in writing a different accounting year. Auditor-Controller shall only approve a change in accounting years in the event of undue hardship being placed on either the Tenant TENANT or County, COUNTY and not because of mere convenience or inconvenience.