Common use of Fiscal Year; Method of Accounting Clause in Contracts

Fiscal Year; Method of Accounting. No Related Person shall change its Fiscal Year or make any material change in its method of accounting without prior notice to Lender. If any such change is required by Law, the reports and financial statement of the Borrower and its Consolidated subsidiaries required hereunder may be prepared in accordance with such change but, if such changes are material, all calculations and determinations to be made hereunder may be made in accordance with such change only after notice of such change is given to the Administrative Agent and the Administrative Agent agrees to such change insofar as it affects the accounting of the Borrower or of the Borrower and its Consolidated subsidiaries.

Fiscal Year; Method of Accounting. No Related Person shall change its Fiscal Year or make any material change in its method of accounting without prior notice to Lender. If any Upon such notice and if such change is required by Lawconsistent with GAAP, the reports and financial statement of the Borrower and its Consolidated subsidiaries required hereunder may be prepared in accordance with such change but, if such changes are material, all calculations and determinations to be made hereunder may be made in accordance with such change only after notice of such change is given to the Administrative Agent Lender and the Administrative Agent Lender agrees to such change insofar as it affects the accounting of the Borrower or of the Borrower and its Consolidated subsidiaries.