Financial Year End. The financial year end of the Company may be determined by resolution of the Board and failing such resolution shall be 31st December in each year. AUDITS
Financial Year End. Each Obligor (other than UPC Distribution Holdco) will, and will procure that its Subsidiaries which are members of the Borrower Group will, maintain a financial year end of 31st December, save with the prior written consent of the Facility Agent (acting on the instructions of the Majority Lenders in each case not to be unreasonably withheld).
Financial Year End. The financial year end of the Company shall be 31st December in each year but, subject to any direction of the Company in general meeting, the Board may from time to time prescribe some other period to be the financial year, provided that the Board may not without the sanction of an ordinary resolution prescribe or allow any financial year longer than eighteen months. AUDITS
Financial Year End. To prepare an annual budget for the administrative and reserve funds that will include an estimate of income and expenditure for consideration and approval at the annual general meeting. To prepare the annual financial statements for submission to the appointed auditor of the Scheme and to arrange the annual audit. To prepare an annual report reviewing the affairs of the Body Corporate for the financial year for presentation at the Annual General Meeting.