Fiscal Year; Accounting Method. The fiscal year of the Company shall be the calendar year. The method of accounting used by the Company for book and tax purposes shall be determined by the Member. Notwithstanding the foregoing, the Member and the Company intend that the Company shall be a disregarded entity for federal and state income tax purposes and, as such, from an accounting and tax standpoint, no fiscal year or accounting method is necessary with respect to the Company.
Fiscal Year; Accounting Method. The fiscal year of the Company shall be the calendar year unless the Board of Managers properly adopts a different fiscal year as permitted by law. The Company shall utilize the accrual method of accounting.
Fiscal Year; Accounting Method. The Partnership’s fiscal year shall be the calendar year, unless otherwise required by law. The Partnership’s books and records shall be maintained on an accrual basis in accordance with GAAP and tax accounting methods applicable to the Partnership, unless otherwise required by law.
Fiscal Year; Accounting Method. No Credit Party will change its Fiscal Year or its method of accounting (other than as required to conform to GAAP).
Fiscal Year; Accounting Method. Not change its Fiscal Year or, except as contemplated by Section 1.3 or as required by GAAP, its accounting methods.
Fiscal Year; Accounting Method. Borrower shall not change its Fiscal ------------------------------ Year or its method of accounting.
Fiscal Year; Accounting Method. The fiscal year of the Company for financial reporting and federal income tax purposes shall, unless the Managers determine otherwise pursuant to the requirements of the Code, be the calendar year. The Company shall utilize the accrual method of accounting.
Fiscal Year; Accounting Method. Permit or cause any Borrower to amend its fiscal year or its method of accounting.
Fiscal Year; Accounting Method. Suffer or permit any change to the Fiscal Year of any ICF Entity or, subject to The Interpretive Provisions Section of this Agreement, the accounting methods of any ICF Entity.
Fiscal Year; Accounting Method. The fiscal year of the Partnership shall be the calendar year. Contributions by Partners shall be kept in a bank account of the Partnership for the benefit of the Partnership to assure application of such funds for Partnership purposes. The Partnership books shall be kept on the cash or accrual basis as determined by the General Partner. Partnership funds shall not be commingled with the funds of a General Partner or any other person.
