Fiscal Year of the Fund Clause Samples

The "Fiscal Year of the Fund" clause defines the specific 12-month period used by the fund for accounting and financial reporting purposes. Typically, this period may align with the calendar year or be set to another timeframe, such as July 1 to June 30, depending on the fund's operational needs. By establishing a clear fiscal year, the clause ensures consistency in financial statements, tax filings, and performance reporting, thereby facilitating accurate tracking and comparison of the fund's financial activities over time.
Fiscal Year of the Fund. The fiscal year of the Fund ends on December 31 of each year and will not exceed 12 months.
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Fiscal Year of the Fund. The fiscal year of the Fund ends on D ecember 31 of each y ear and will not exceed 12 months.
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Related to Fiscal Year of the Fund

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

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

  • 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; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

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