Common use of Accounting Basis and Fiscal Year Clause in Contracts

Accounting Basis and Fiscal Year. The LLC’s books shall be kept on the accrual method of accounting, or on such other method of accounting as the Managing Member may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each year.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cmgi Inc), Limited Liability Company Agreement (Cmgi Inc), Limited Liability Company Agreement (Cmgi Inc)

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Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on the accrual method of accounting, or on such other method of accounting as the Managing Member Members may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each calendar year.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cmgi Inc), Limited Liability Company Agreement (Cmgi Inc)

Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on the -------------------------------- accrual method of accounting, or on such other method of accounting as the Managing Member Members may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on the accrual method of accounting, or on such other method of accounting as the Managing Member Board of Managers may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending end on July March 31 of each year.

Appears in 1 contract

Samples: Operating Agreement of Summation (Summa Four Inc)

Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on the accrual method of accounting, or on such other method of accounting as the Managing Member Voting Members may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each calendar year, or such other fiscal year as the Voting Members may from time to time determine.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

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Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on -------------------------------- the accrual method of accounting, or on such other method of accounting as the Managing Member Class B Members may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

Accounting Basis and Fiscal Year. The LLC’s 's books shall be kept on -------------------------------- the accrual method of accounting, or on such other method of accounting as the Managing Member Members may from time to time determine, and shall be closed and balanced at the end of each fiscal year of the LLC. The fiscal year of the LLC shall be the 12-month period ending on July 31 of each calendar year.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cmgi Inc)

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