Common use of Changes in Fiscal Year Clause in Contracts

Changes in Fiscal Year. Borrower shall not permit its fiscal year to end on any date other than December 31 or permit its fiscal quarters to end on a date other than on or about March 31, June 30 or September 30 without the prior consent of the Requisite Lenders (such consent not to be unreasonably conditioned, withheld or delayed).

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia Healthcare Corp.), Credit and Guaranty Agreement (Concordia Healthcare Corp.)

AutoNDA by SimpleDocs

Changes in Fiscal Year. Borrower shall not permit its fiscal year to end on any date other than December 31 June 30 or permit its fiscal quarters to end on a date other than on or about September 30, December 31 or March 31; provided that the Borrower may, June 30 or September 30 without upon written notice to the prior consent of Administrative Agent, change the Requisite Lenders (such consent not financial reporting convention to be unreasonably conditioned, withheld or delayed)a calendar year-end convention.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Lannett Co Inc), Intercreditor Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Lannett Co Inc)

Changes in Fiscal Year. The Borrower shall not permit its the fiscal year to end on any date other than December 31 or permit its fiscal quarters of the Borrower to end on a date day other than on or about March 31, June 30 or September 30 without unless the Borrower shall have given the Administrative Agent at least 30 days prior consent written notice of such change (and, in the Requisite event of any such change, 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 consent not to be unreasonably conditioned, withheld or delayedchange in fiscal year).

Appears in 2 contracts

Samples: Credit Agreement (Mueller Water Products, Inc.), Term Loan Credit Agreement (Mueller Water Products, Inc.)

Changes in Fiscal Year. Borrower shall not permit Permit its fiscal year to end on any date other than December 31 June 30 or permit its fiscal quarters to end on a date other than on or about September 30, December 31 or March 31; provided that the Borrower Representative may, June 30 or September 30 without upon written notice to the prior consent of Administrative Agent, change the Requisite Lenders (such consent not financial reporting convention to be unreasonably conditioned, withheld or delayed)a calendar year-end convention.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Lannett Co Inc)

AutoNDA by SimpleDocs

Changes in Fiscal Year. The Borrower shall will not permit its the fiscal year to end on any date other than December 31 or permit its fiscal quarters of the Borrower to end on a date day other than on or about March 31, the Saturday that is closest to June 30 or September 30 without of each year in accordance with the prior consent definition of the Requisite Lenders (such consent not to be unreasonably conditionedterm “Fiscal Year”, withheld or delayed)change the Borrower’s method of determining fiscal quarters, in each case, as determined consistent with the past practice.

Appears in 1 contract

Samples: Credit Agreement (Lecroy Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.