Common use of Fiscal Year and Interim Accounting Clause in Contracts

Fiscal Year and Interim Accounting. The fiscal year of the Company shall end on December 31 of each year. The Chief Manager may cause the books of account of the Company to be closed on an interim basis, when it deems such closing necessary or appropriate under the circumstances, including but not limited to a transfer of a Membership Interest causing a termination of the Company for tax purposes.