Changes in Fiscal Year and Accounting Procedures Sample Clauses

Changes in Fiscal Year and Accounting Procedures. The Lessee shall not, without the prior written consent of the Lessor, in each instance, which consent may be withheld in the Lessor's reasonable discretion (a) change its fiscal year or capital structure or (b) change, alter, amend or in any manner modify, except in accordance with GAAP, any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses nor will the Lessee permit any of its Subsidiaries to change its fiscal year or suffer or permit any circumstance to exist in which any Subsidiary is not wholly-owned, directly or indirectly, by the Lessee.
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Changes in Fiscal Year and Accounting Procedures. Upon notice to Lessor, Lessee may (a) change its fiscal year or capital structure or (b) change, alter, amend or in any manner modify in accordance with GAAP any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses or permit any of its Subsidiaries to so change its fiscal year, provided that, in the event of such change, modification or alteration, Lessee and Lessor shall make such adjustments to the calculation of Additional Rent and the financial covenants contained herein as Lessor shall reasonably require to make the same consistent in result with the calculation thereof immediately prior to such change, modification or alteration.
Changes in Fiscal Year and Accounting Procedures. The Lessee may (A) change its fiscal year or capital structure or (B) change, alter, amend or modify, but only in accordance with GAAP, any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses or (C) permit any of its Subsidiaries to change its fiscal year provided that (I) the Lessee shall have notified the Lessor of any such change not less than thirty (30) days prior to the proposed effective date of such change and shall have promptly furnished to the Lessor all such financial information as the Lessor may have reasonably requested in order to determine the impact of such change on the Lessee's financial statements, (II) no such change shall be permitted if its effect would be to enable the Lessee to satisfy any covenant contained in this Lease which, absent such change, would not have been satisfied and (III) the Lessee shall have entered into any amendment to this Lease which the Lessor shall have reasonably requested in order to maintain the intended effect of the covenants contained in this Lease.
Changes in Fiscal Year and Accounting Procedures. Lessee shall not, without the nor written consent of Lessor, in each instance, which consent may be withheld in Lessor's reasonable discretion (a) change its fiscal year or capital structure or (b) change, alter,
Changes in Fiscal Year and Accounting Procedures. Upon notice to Lessor, Lessee may (a) change its fiscal year or capital structure or (b) change, alter, amend or in any manner modify in accordance with GAAP any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses or permit any of its Subsidiaries to so change its fiscal year, provided that, in the event of such change, modification or alteration, Lessee and Lessor shall make such adjustments to the 66 calculation of Additional Rent and the financial covenants contained herein as Lessor shall reasonably require to make the same consistent in result with the calculation thereof immediately prior to such change, modification or alteration. ARTICLE 12
Changes in Fiscal Year and Accounting Procedures. The Borrower shall not, without the prior written consent of the Lender, in each instance, which consent may be withheld in the Lender's reasonable discretion (A) change its fiscal year or capital structure or (B) change, alter, amend or in any manner modify, except in accordance with GAAP, any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses nor will the Borrower permit any of its Subsidiaries to change its fiscal year or suffer or permit any circumstance to exist in which any Subsidiary is not wholly-owned, directly or indirectly, by the Borrower.
Changes in Fiscal Year and Accounting Procedures. Upon notice to Lessor, Lessee may (a) change its fiscal
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Changes in Fiscal Year and Accounting Procedures. Lessee shall not, without the prior written consent of Lessor, in each instance, which consent may be withheld in Lessor's reasonable discretion (a) change its fiscal year (except if required by law or regulation or if such change is being effected by company-wide basis for the Guarantor and all of its Subsidiaries provided that such company-wide change shall not have the effect of reducing any Additional Rent which would otherwise have been paid but for such change in fiscal year) or (b) change, alter, amend or in any manner modify except in accordance with GAAP any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses nor will Lessee permit any of its Subsidiaries to change its fiscal year or suffer or permit any circumstance to exist in which any Subsidiary is not controlled, directly or indirectly by Lessee.
Changes in Fiscal Year and Accounting Procedures. Lessee shall not, without the prior written consent of Lessor, in each instance, which consent may be withheld in Lessor's reasonable discretion (a) change its fiscal year or capital structure (except as may be otherwise permitted by Lessor in connection with any transfer permitted under Section 19.4 and, even then, only after the complete satisfaction of all requirements of Lessor relating to such transfers) or (b) change, alter, amend or in any manner modify, except in accordance with GAAP, any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses nor will Lessee permit any of its Subsidiaries to change its fiscal year or suffer or permit any circumstance to exist in which any Subsidiary is not wholly-owned, directly or indirectly, by Lessee.
Changes in Fiscal Year and Accounting Procedures. The Lessee shall not, without the prior written consent of the Lessor, in each instance, which consent may be withheld in the Lessor's reasonable discretion (a) change its fiscal year or capital structure or (b) change, alter, amend or in any manner modify, except in accordance with GAAP, any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses nor will the Lessee permit any of its Subsidiaries to change its fiscal year or suffer or permit any circumstance to exist in which any Subsidiary is not wholly-owned, directly or indirectly, by the Lessee. Notwithstanding the foregoing, the Lessor agrees to consent to any change in the Lessee's fiscal year, provided that (i) the Lessee shall have requested such consent not less than thirty (30) days prior to the proposed effective date of such change and shall have promptly furnished to the Lessor all such financial information as the Lessor may have reasonably requested in order to determine the
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