Fiscal Year of the Company Sample Clauses

Fiscal Year of the Company. The fiscal year of the Company shall start on January 1st of the Gregorian calendar year and end on December 31st of the same Gregorian calendar year. The first fiscal year of the Company shall commence on the date of issuance of the Company’s business license and end on December 31st of the same year.
AutoNDA by SimpleDocs
Fiscal Year of the Company. The Company shall adopt the Calendar Year as its Fiscal Year.
Fiscal Year of the Company. Following the Closing Date, the Company shall take all necessary action to change its fiscal year end to December 31.
Fiscal Year of the Company. A year of 365 or 366 days, as the case may be, ending on December 31, or such other year of similar length as to which the Company shall have given prior written notice thereof to the Issuer and the Trustee at least ninety (90) days prior to the commencement thereof. GAAP: Those generally accepted accounting principles and practices which are recognized as such by the American Institute of Certified Public Accountants acting through appropriate boards or committees thereof and which are consistently applied for all periods so as to properly reflect the financial condition, results of operations and cash flows of the Company and any Subsidiary of the Company.
Fiscal Year of the Company. Fail to maintain at all times a fiscal year ending on the last Monday in March of each year; PROVIDED, HOWEVER, that if the Company gives the Agent and the Banks notice that it desires to change the fiscal year of the Company and its Subsidiaries, the parties shall negotiate in good faith to amend the Loan Documents to accommodate such request but such change shall not become effective until the Loan Documents have been so amended.

Related to Fiscal Year of the Company

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

  • Fiscal Year; Accounting In the case of the Borrower, cause its fiscal year to end on December 31.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • Fiscal Year; Organizational Documents No Credit Party will, nor will it permit its Subsidiaries to, (a) change its fiscal year or (b) in any manner that would reasonably be likely to adversely affect the rights of the Lenders, change its articles or certificate of incorporation or its bylaws.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Accounting and Fiscal Year Subject to Code Section 448, the books of the Partnership shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the General Partner. The fiscal year of the Partnership shall end on December 31 of each year, or on such other date permitted under the Code as the General Partner shall determine.

  • 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 Statements; Fiscal Year The Current Financials were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on the date or dates thereof (subject only to normal audit adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected therein or in the notes thereto. Except for transactions directly related to, or specifically contemplated by, the Loan Documents or disclosed in the Current Financials, no subsequent material adverse changes have occurred in the consolidated financial condition of the Companies from that shown in the Current Financials. The fiscal year of each Company ends on December 31.

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