Common use of Changes in Fiscal Periods; Accounting Changes Clause in Contracts

Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.

Appears in 8 contracts

Samples: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)

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Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 a Sunday on or about September 30 or change the Borrower’s method of determining fiscal quarters.

Appears in 5 contracts

Samples: Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp)

Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to change from a 52-53 week fiscal year ending on the Friday closest to year-end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.

Appears in 1 contract

Samples: Credit Agreement (Intersil Corp/De)

Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 of each calendar year or change the Borrower’s method of determining fiscal quarters.; provided, that 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. 117

Appears in 1 contract

Samples: Credit Agreement (2U, Inc.)

Changes in Fiscal Periods; Accounting Changes. Permit (ai) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quartersquarters or (ii) changes in accounting policies or reporting practices, except as permitted or required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Lodgenet Interactive Corp)

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Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 of each calendar year or change the Borrower’s method of determining fiscal quarters; provided, that 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 (2U, Inc.)

Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.

Appears in 1 contract

Samples: Credit Agreement (On Semiconductor Corp)

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