Common use of Accounting Changes Clause in Contracts

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 63 contracts

Samples: Assignment and Assumption (Vine Resources Inc.), Credit Agreement (Gates Industrial Corp PLC), Credit Agreement (Hilton Grand Vacations Inc.)

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Accounting Changes. The Borrower shall not not, nor shall the Borrower permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 13 contracts

Samples: Credit Agreement (Superior Industries International Inc), Credit Agreement (Life Time Group Holdings, Inc.), Abl Credit Agreement (United States Steel Corp)

Accounting Changes. The Borrower shall will not make any change in its fiscal year-end from December 31 of each calendar year; provided, however, provided that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 9 contracts

Samples: Term Loan Credit Agreement, Bridge Credit Agreement, Revolving Credit Agreement (AbbVie Inc.)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal yearyear without the consent of any Lender.

Appears in 6 contracts

Samples: Credit Agreement (CBS Radio Inc.), Credit Agreement (CBS Corp), Credit Agreement (Entercom Communications Corp)

Accounting Changes. The Borrower shall not not, nor shall the Borrower permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, (i) change its fiscal year to a calendar year ending December 31 and (ii) change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, and in which casethe case of each of (i) and (ii), the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 4 contracts

Samples: First Lien Credit Agreement (McAfee Corp.), Second Lien Credit Agreement (McAfee Corp.), First Lien Credit Agreement (McAfee Corp.)

Accounting Changes. The Borrower shall not not, nor shall the Borrower permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable year, and, notwithstanding anything in Section 10.01 to the Administrative Agent, in which casecontrary, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 4 contracts

Samples: Credit Agreement (Convey Holding Parent, Inc.), First Lien Credit Agreement (Convey Holding Parent, Inc.), First Lien Credit Agreement (Convey Health Solutions Holdings, Inc.)

Accounting Changes. The Borrower shall not make any not, and shall cause its Restricted Subsidiaries to not, change their fiscal year from their fiscal year as in its fiscal yeareffect on the Effective Date; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 4 contracts

Samples: Credit Agreement (GoHealth, Inc.), Credit Agreement (GoHealth, Inc.), Credit Agreement (GoHealth, Inc.)

Accounting Changes. The Borrower Loan Parties shall not make any change in its fiscal yeartheir Fiscal Year; provided, however, that the Lead Borrower may, upon written notice to the Administrative Agent, change its fiscal year Fiscal Year to any other fiscal year Fiscal Year reasonably acceptable to the Administrative Agent, in which case, the Lead Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal yearFiscal Year.

Appears in 3 contracts

Samples: Credit Agreement (Michaels Stores Inc), Credit Agreement (Michaels Stores Inc), Credit Agreement (Michaels Stores Inc)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon with the prior written notice to consent of the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 3 contracts

Samples: Credit Agreement (Vivint Solar, Inc.), Security Agreement (Vivint Solar, Inc.), Security Agreement (Vivint Solar, Inc.)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.. 189

Appears in 2 contracts

Samples: Credit Agreement (Alight, Inc. / Delaware), Credit Agreement (Alight, Inc. /DE)

Accounting Changes. The Borrower shall not make any not, and shall cause its Restricted Subsidiaries to not, change their fiscal year from their fiscal year as in its fiscal yeareffect on the Effective Date; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.. SECTION 6.12

Appears in 2 contracts

Samples: Credit Agreement and Incremental Facility Agreement (GoHealth, Inc.), Credit Agreement and Incremental Facility Agreement (GoHealth, Inc.)

Accounting Changes. The Borrower shall will not, and will not permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, provided that the Borrower may, upon written notice to the Administrative Agent, change its the fiscal year financial reporting convention to any other fiscal year financial reporting convention reasonably acceptable to the Administrative Agent, in which case, case the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in fiscal yearfinancial reporting.

Appears in 2 contracts

Samples: Intercreditor Agreement (Us LBM Holdings, Inc.), Intercreditor Agreement (Us LBM Holdings, Inc.)

Accounting Changes. The Borrower shall not make any material change in its (a) accounting policies or reporting practices, except as required by GAAP, or (b) fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 2 contracts

Samples: Credit Agreement (Res Care Inc /Ky/), Credit Agreement (Res Care Inc /Ky/)

Accounting Changes. The Borrower shall not not, nor shall the Borrower permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable year, and, notwithstanding anything in Section 10.01 to the Administrative Agent, in which casecontrary, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.. 238

Appears in 2 contracts

Samples: Credit Agreement (LifeStance Health Group, Inc.), Credit Agreement (LifeStance Health Group, Inc.)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative AgentRequired Lenders, in which case, the Borrower and the Administrative Agent Agent, acting at the direction of the Required Lenders, will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 2 contracts

Samples: Possession Credit Agreement (Invacare Corp), Credit Agreement (Invacare Corp)

Accounting Changes. The Borrower shall will not make any change in its fiscal year; providedyear except to the extent required by applicable law and/or GAAP. In such event, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal yearyear arising as a result of such change in applicable law.

Appears in 2 contracts

Samples: Loan and Security Agreement (Diamond Resorts Corp), Credit Agreement (Diamond Resorts Corp)

Accounting Changes. The Borrower BorrowerCompany shall not make any change in its fiscal year; provided, however, that the Borrower BorrowerCompany may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower BorrowerCompany and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Hilton Grand Vacations Inc.)

Accounting Changes. The No Borrower shall, nor shall not any Borrower permit any Restricted Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower Borrowers may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower Borrowers and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Chobani Inc.)

Accounting Changes. The Borrower shall will not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative AgentAgent and the Insurer, may change its fiscal year to any other fiscal year reasonably acceptable to the Administrative AgentAgent and the Insurer, in which case, the Borrower Administrative Agent and the Administrative Agent Insurer will, and are hereby authorized by the Lenders and the Borrower to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Insured Receivables Credit Agreement (Sungard Data Systems Inc)

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Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative AgentRequired Lenders, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Vine Energy Inc.)

Accounting Changes. The Borrower shall will not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, may change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders and the Borrower to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Bridge Receivables Credit Agreement (Sungard Data Systems Inc)

Accounting Changes. The Borrower shall not make any change in its fiscal yearyear (other than in connection with a change in accounting practices pursuant to Section 6.01); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Activision Blizzard, Inc.)

Accounting Changes. The Borrower shall not make any not, and shall cause its Restricted Subsidiaries to not, change their fiscal year from their fiscal year as in its fiscal yeareffect on the Effective Date; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year. Section 6.12.

Appears in 1 contract

Samples: Credit Agreement (GoHealth, Inc.)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, provided that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Avanos Medical, Inc.)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower mayyear except to, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Loan Agreement (Gametech International Inc)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative AgentRequired Lenders, in which case, the Borrower and the Administrative Agent Agent, acting at the direction of the Required Lenders, will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.. 115

Appears in 1 contract

Samples: Credit Agreement (Invacare Corp)

Accounting Changes. The Borrower Borrowers shall not make any change in its fiscal year; provided, however, that the any Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower Borrowers and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Gates Industrial Corp PLC)

Accounting Changes. The Borrower shall not not, nor shall the Borrower permit any Subsidiary to, make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Superior Industries International Inc)

Accounting Changes. SECTION 7.12 The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year. Prepayments, Etc.

Appears in 1 contract

Samples: Credit Agreement (Gates Industrial Corp PLC)

Accounting Changes. The Borrower shall not make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by will (at the Lenders to, direction of the Required Lenders) make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Audacy, Inc.)

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