Common use of Reconciliation Statements Clause in Contracts

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in Section 4.4, any of the financial statements delivered pursuant to paragraph (ii) or (iii) of this Section 5.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such paragraphs had no such change in accounting principles and policies been made, then: (a) together with the first delivery of financial statements pursuant to paragraph (ii) or (iii) of this Section 5.1 following such change, financial statements of the applicable group of entities for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and (b) together with each delivery of financial statements pursuant to paragraph (ii) or (iii) of this Section 5.1 following such change, a written statement of the chief financial officer or treasurer of the Parent setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 6.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in Section 4.44.01(g), any the consolidated financial statements of the financial statements Parent Guarantor and its Subsidiaries delivered pursuant to paragraph Section 5.03(b), (iic) or (iiif) of this Section 5.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such paragraphs Section had no such change in accounting principles and policies been made, then: then (ai) together with the first delivery of financial statements pursuant to paragraph Section 5.03(b), (iic) or (iiif) of this Section 5.1 following such change, consolidated financial statements of the applicable group of entities Parent Guarantor and its Subsidiaries for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years fiscal quarter immediately preceding the Fiscal Year fiscal quarter in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periodsfiscal quarter, and and (bii) together with each delivery of financial statements pursuant to paragraph Section 5.03(b), (iic) or (iiif) of this Section 5.1 following such change, a written statement of the chief accounting officer or chief financial officer or treasurer of the Parent Guarantor setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 6.6Sections 5.02(b), (f)(v) and (g) and 5.04) which would have resulted if such financial statements had been prepared without giving effect to such change;.

Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in Section 4.45.3, any the consolidated financial statements of the financial statements Company and its Subsidiaries delivered pursuant to paragraph (iib) or (iiic) of this Section 5.1 7 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such paragraphs clauses had no such change in accounting principles and policies been made, then: then (ai) together with the first delivery of financial statements pursuant to paragraph clause (iib) or (iiic) of this Section 5.1 7 following such change, consolidated financial statements of the applicable group of entities Company and its Subsidiaries for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and and (bii) together with each delivery of financial statements pursuant to paragraph clause (iib) or (iiic) of this Section 5.1 7 following such change, subject to Section 24.3, a written statement of the chief financial officer or treasurer Senior Financial Officer of the Parent Company setting forth the differences (including including, subject to Section 24.3, any differences that would affect any calculations relating to the financial covenants set forth in Section 6.6Sections 10.6 and 10.8) which would have resulted if such financial statements had been prepared without giving effect to such change;

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in Section 4.4., any the consolidated financial statements of the financial statements Borrower Group delivered pursuant to paragraph paragraphs (ii) or (iii) of this Section 5.1 5.1. will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such paragraphs had no such change in accounting principles and policies been made, then: then (a) together with the first delivery of financial statements pursuant to paragraph (ii) or (iii) of this Section 5.1 5.1. following such change, consolidated financial statements of the applicable group of entities Borrower Group for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and and (b) together with each delivery of financial statements for the Borrower Group pursuant to paragraph (ii) or (iii) of this Section 5.1 5.1. following such change, a written statement of the chief financial officer or treasurer of the Parent each Borrower setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 6.6.) which would have resulted if such financial statements had been prepared without giving effect to such change;

Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in Section 4.44.01(g), any the Consolidated financial statements of the financial statements Parent Guarantor and its Subsidiaries delivered pursuant to paragraph Section 5.03(b), (iic) or (iiie) of this Section 5.1 will differ in any material respect from the consolidated Consolidated financial statements that would have been delivered pursuant to such paragraphs Section had no such change in accounting principles and policies been made, then: then (ai) together with the first delivery of financial statements pursuant to paragraph Section 5.03(b), (iic) or (iiie) of this Section 5.1 following such change, Consolidated financial statements of the applicable group of entities Parent Guarantor and its Subsidiaries for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years fiscal quarter immediately preceding the Fiscal Year fiscal quarter in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periodsfiscal quarter, and and (bii) together with each delivery of financial statements pursuant to paragraph Section 5.03(b), (iic) or (iiie) of this Section 5.1 following such change, a written statement of the chief accounting officer or chief financial officer or treasurer of the Parent Guarantor setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 6.65.04) which would have resulted if such financial statements had been prepared without giving effect to such change;.