Common use of Limitation on Changes in Fiscal Year Clause in Contracts

Limitation on Changes in Fiscal Year. Permit the fiscal year of the Company to end on a day other than August 31, unless the Company shall have provided to the General Administrative Agent evidence satisfactory to it that such change will have no effect on the calculation of, or compliance by the Company with, the covenants set forth in Section 10.1; or permit the fiscal years of the Company and Holdings to end on different days.

Appears in 3 contracts

Samples: Credit Agreement (Safety Kleen Corp/), Guarantee and Collateral Agreement (Laidlaw Environmental Services Inc), Credit Agreement (Laidlaw Environmental Services Inc)

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Limitation on Changes in Fiscal Year. Permit the fiscal year of the Company to end on a day other than August 31, unless the Company shall have provided to the General Administrative Agent evidence satisfactory to it that such change will have no 96 effect on the calculation of, or compliance by the Company with, the covenants set forth in Section 10.1; or permit the fiscal years of the Company and Holdings to end on different days.

Appears in 1 contract

Samples: Credit Agreement (Laidlaw Environmental Services Inc)

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