Common use of Accounting Period Clause in Contracts

Accounting Period. Accounting Period shall refer to the period beginning on the 1st day of January and ending on the 31st of December; provided, however, that the Manager may elect to commence a new Accounting Period on (i) the date of any change in the Members’ respective interests in the Profits or Losses of the Company during such calendar year except on the first day thereof, or (ii) any other date the Manager shall determine. An Accounting Period shall terminate immediately prior to the commencement of a new Accounting Period (or if no new Accounting Period has been commenced, on December 31) and the final Accounting Period shall terminate on the date the Company shall terminate.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs

Accounting Period. Accounting Period shall refer to the period beginning on the 1st day of January and ending on the 31st of December; provided, however, that the Manager may elect to commence a new Accounting Period on (i) the date of any change in the Members’ respective interests in the Profits Profits or Losses of the Company during such calendar year except on the first first day thereof, or (ii) any other date the Manager shall determine. An Accounting Period shall terminate immediately prior to the commencement of a new Accounting Period (or if no new Accounting Period has been commenced, on December 31) and the final final Accounting Period shall terminate on the date the Company shall terminate.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

Accounting Period. Accounting Period shall refer to the period beginning on the 1st day of January and ending on the 31st of December; provided, however, that the Manager may elect to commence a new Accounting Period on (i) the date of any change in the Members’ respective interests in the Profits or Profits o r Losses of the Company during such calendar year except on the first first day thereof, or (ii) any other date the Manager shall determine. An Accounting Period shall terminate immediately prior to the commencement of a new Accounting Period (or if no new Accounting Period has been commenced, on December 31) and the final final Accounting Period shall terminate on the date the Company shall terminate.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

AutoNDA by SimpleDocs

Accounting Period. Accounting Period shall refer to the period beginning on the 1st day of January and ending on the 31st of December; provided, however, that the Manager General Partner may elect to commence a new Accounting Period on (i) the date of any change in the MembersPartners’ respective interests in the Profits Profits or Losses of the Company Partnership during such calendar year except on the first first day thereof, or (ii) any other date the Manager General Partner shall determine. An Accounting Period shall terminate immediately prior to the commencement of a new Accounting Period (or if no new Accounting Period has been commenced, on December 31) and the final final Accounting Period shall terminate on the date the Company Partnership shall terminate.

Appears in 1 contract

Samples: Limited Partnership Agreement (J2 Global, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.