Each accounting period definition
Each accounting period means the period from the day after the immediately preceding Fiscal Period Closing Date until the end of the third month thereafter (the “First Accounting Period”) and the period from the day after the end of the First Accounting Period until the current Fiscal Period Closing Date (the “Second Accounting Period”).
Examples of Each accounting period in a sentence
Each accounting period shall end with the last day of the month and the monthly accounting reports shall be mailed to Licensee on or before the 10th day of each month following the end of the preceding month.
Each accounting period of the Company shall end on the 31st day of December in each year.
Each accounting period under ---------------------------- this Agreement (an "Accounting Period") will be a calendar month, except that: ----------------- (i) the initial Accounting Period runs from August 1, 1999 through August 31, 1999 (the "Initial Accounting Period"), and (ii) the final Accounting Period --------------------------- runs from the end of the preceding Accounting Period until the Terminal Accounting Date.