Common use of Accounting Basis and Fiscal Year Clause in Contracts

Accounting Basis and Fiscal Year. The books of account of the Company shall be kept using appropriate accounting methods, as determined by the Manager, unless otherwise required by law, and shall be closed and balanced at the end of each Company year. The fiscal year of the Company shall end on December 31st of each year, unless otherwise elected by the Manager.

Appears in 6 contracts

Samples: Operating Agreement (ADPI Fund I, LLC), Operating Agreement (Central Park Fund 1, LLC), Operating Agreement (ADPI Fund I, LLC)

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Accounting Basis and Fiscal Year. The books of account of the Company shall be kept using appropriate accounting methods, as determined by the Manager, unless otherwise required by law, and shall be closed and balanced at the end of each Company year. The fiscal year of the Company shall end on December 31st of each year, unless otherwise elected by the Manager.. Operating Agreement ofStrata Capital Real Estate Opportunity Fund I LLC18

Appears in 1 contract

Samples: Operating Agreement (Strata Capital Real Estate Opportunity Fund I LLC)

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