Accounting Month definition

Accounting Month as herein used means a period beginning on the first Day of the calendar month and ending immediately prior to the commencement of the first Day of the next calendar month.

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Accounting Month means each period of approximately 30 days ending on the last day of each calendar month adopted by the Borrower for the purpose of its financial reporting in any financial year of the Borrower.

Accounting Month means a full calendar month (or partial calendar month if at the beginning or end of the Term).

Examples of Accounting Month in a sentence

• Interest or other income earned during any period on the amounts in such Replacement Reserve Fund shall be excluded from Gross Revenue, remain part of such Replacement Reserve Fund and be credited against the Replacement Reserve Amount to be contributed for such Accounting Month.

• The Retail Management Fee shall be payable in equal monthly installments in arrears by the Retail Operator, by withdrawing the same from the respective Operating Account for the Crystals Component at any time following the first day of the month and such withdrawal shall be reflected on the Monthly Statements provided for the prior Accounting Month.

• Manager shall cause to be prepared and delivered to Owner reasonably detailed unaudited monthly operating reports (the “Monthly Reports”) that reflect the operational results of the Hotel for each Accounting Month of each Operating Year.

• The Base Management Fee shall be payable in monthly installments calculated on the Gross Revenue derived from the Condo-Hotel for such prior Accounting Month.

• The Base Management Fee shall be payable to Manager in monthly installments in arrears five (5) days after the delivery to Owner of the Monthly Report for the prior Accounting Month, with each such monthly installments being calculated on the actual Gross Operating Revenue for such prior Accounting Month.

More Definitions of Accounting Month

Accounting Month means each period of approximately thirty days adopted by the Company for the purpose of its financial reporting in any financial year of the Company.

Accounting Month means each period of approximately thirty days ending on the last day of each calendar month in any financial year of the Company.

Accounting Month means each period of time consisting of not less than three (3) nor more than six (6) full calendar weeks that is used by the Tenant or its manager of the Convention Center and Hotel within the Project (the "Manager") in its accounting of the operations of the Project as one of not less than twelve (12) accounting periods in any calendar year during the Term of this Lease. Tenant shall notify Landlord, promptly following the Opening Date, of the commencement and expiration dates of each Accounting Month as in effect following the opening of the Convention Hotel and shall thereafter notify Landlord of any modifications thereto, forthwith upon Tenant's first becoming aware of same.

Accounting Month means the four or five week accounting month used by the Contractor for the purposes of its reporting requirements (and "Accounting Monthly" shall be construed accordingly);

Accounting Month means each period of approximately 30 days ending on the last day of each calendar Month in any financial year of the Issuer or the Guarantor.

Accounting Month means the normal monthly accounting period of the Seller’s Group (whereby each accounting period (other than year-end) ends on a Saturday), provided always that under no circumstances for the purposes of this Agreement can the relevant Accounting Month close later than the last day of the calendar month following the calendar month during which the Conditions are satisfied or waived.

Accounting Month shall have the meaning set forth in the Existing First Lien Credit Agreement as it exists on the Closing Date.