Fiscal Period definition

Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the immediately preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates:

Fiscal Period means any interim accounting period within a Taxable Year established by the Company and which is permitted or required by Section 706 of the Code.

Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

Examples of Fiscal Period in a sentence

• Notwithstanding any other provision of this Article 5, if there is a net decrease in partnership minimum gain or partner minimum gain (as such terms are defined in Regulations Section 1.704-2) during any Fiscal Period, prior to any other allocation pursuant hereto, items of Partnership income and gain for such Fiscal Period (and, if necessary, for subsequent fiscal years or periods) shall be specially allocated among the Partners in accordance with Regulations Sections 1.704-2(f) and (i).

• Subject to the special allocations set forth in Section 5.5 or 5.6, Profit and Loss of the Partnership for each Fiscal Period shall be allocated in accordance with each Partner’s Percentage Interest.

• Accordingly, Profit, Loss and other items will be reallocated among the Partners (in the same Fiscal Period, and to the extent necessary, in subsequent Fiscal Periods) in a manner consistent with Regulations Sections 1.704-1(b) and 1.704-2 so as to prevent the Regulatory Allocations from distorting the manner in which Profit, Loss and other items are intended to be allocated among the Partners pursuant to Article 5.

More Definitions of Fiscal Period

Fiscal Period means one of the three fiscal periods in a Fiscal Quarter each of which is approximately one calendar month in duration. There are twelve (12) Fiscal Periods in a Fiscal Year.

Fiscal Period. The period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the preceding Fiscal Period, and ending at the close of business on the first to occur of the following dates:

Fiscal Period means each calendar quarter.

Fiscal Period means the period (i) commencing (w) at the beginning of each Fiscal Quarter, (x) the date of any acquisition of Interests by any new or existing Member in exchange for a Capital Contribution, or (y) on each date following the effective date of any distribution to a Member of any property as consideration for an Interest in the Company, and (ii) ending on the date immediately preceding the first day of the next Fiscal Period; provided, that the last Fiscal Period shall end on the date on which all assets of the Company are distributed to the Members pursuant to Section 9.4 hereof.

Fiscal Period means the annual or biennial period for recording county fiscal operations.

Fiscal Period means a portion of a Fiscal Year.

Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates: