Common use of Accounting Changes; Fiscal Year Clause in Contracts

Accounting Changes; Fiscal Year. The Parent and the Borrowers shall not, and shall not permit any of their respective Restricted Subsidiaries to, (a) make any material change in its accounting treatment and reporting practices or Tax reporting practices, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each Administrative Agent or (b) change its Fiscal Year.

Appears in 4 contracts

Samples: Credit Agreement (McDermott International Inc), Superpriority Senior Secured Credit Agreement (McDermott International Inc), Credit Agreement (McDermott International Inc)

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Accounting Changes; Fiscal Year. The Parent and the Borrowers shall will not, and shall will not permit any of their respective Restricted its Subsidiaries to, change its (a) make any material change in its accounting treatment and reporting practices or Tax reporting practices, except as required by GAAP the Accounting Principles or any Requirement of Law and disclosed to the Lenders and each Administrative Agent Law, or (b) change its Fiscal YearYear or its method for determining fiscal years, fiscal quarters or fiscal months.

Appears in 3 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

Accounting Changes; Fiscal Year. The Parent and the Borrowers shall not, and nor shall not it permit any of their respective Restricted Subsidiaries the Borrower to, change its (a) make any material change in its accounting treatment and reporting practices or Tax tax reporting practicestreatment, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each the Administrative Agent or (b) change its fiscal year, in each case other than as set forth on Schedule 8.13 (Accounting Changes; Fiscal Year).

Appears in 2 contracts

Samples: Term Loan Agreement (Collective Brands, Inc.), Term Loan Agreement (Payless Shoesource Inc /De/)

Accounting Changes; Fiscal Year. The Parent and the Borrowers Applicants shall not, and shall not permit any of their respective Restricted Subsidiaries to, (a) make any material change in its accounting treatment and reporting practices or Tax reporting practices, except as required by GAAP or any Requirement of Law and disclosed to the Lenders Participants and each the Administrative Agent or (b) change its Fiscal Year.

Appears in 2 contracts

Samples: Letter of Credit Agreement (McDermott International Inc), Letter of Credit Agreement (McDermott International Inc)

Accounting Changes; Fiscal Year. The Neither the Parent and nor the Borrowers Borrower shall, nor shall not, and shall not they permit any of their respective Restricted Subsidiaries to, change its (a) make any material change in its accounting treatment and reporting practices or Tax tax reporting practicestreatment, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each the Administrative Agent or (b) change its Fiscal Yearfiscal year.

Appears in 2 contracts

Samples: Credit Agreement (Prestige Brands Holdings, Inc.), Credit Agreement (Prestige Brands International, Inc.)

Accounting Changes; Fiscal Year. The Each of the Parent and the Borrowers Company covenants that it shall not, and shall not permit any of their respective Restricted Subsidiaries Subsidiary to, make any change in (a) make any material change in its accounting treatment and reporting practices policies or Tax reporting practices, except as required permitted by GAAP or any Requirement of Law and disclosed to the Lenders and each Administrative Agent GAAP, or (b) change its Fiscal Yearfiscal year.

Appears in 2 contracts

Samples: Note Purchase Agreement (Kapstone Paper & Packaging Corp), Note Purchase Agreement (Kapstone Paper & Packaging Corp)

Accounting Changes; Fiscal Year. The Each of the Parent and the Borrowers shall not, and shall not permit any of their respective Restricted Subsidiaries to, (a) make any material change in its accounting treatment and reporting practices or Tax reporting practices, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each Administrative Agent or (b) change its Fiscal Year.

Appears in 1 contract

Samples: Superpriority Senior Secured Debtor in Possession Credit Agreement (McDermott International Inc)

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Accounting Changes; Fiscal Year. The Neither the Parent and nor the Borrowers Company shall, nor shall not, and shall not they permit any of their respective Restricted Subsidiaries to, change its (a) make any material change in its accounting treatment and reporting practices or Tax reporting practices, except as required by GAAP GAAP, the Financial Accounting Standards Board or any Requirement of Law and disclosed to the Lenders and each Administrative Agent Indenture Trustee or (b) change its Fiscal Year.

Appears in 1 contract

Samples: Indenture (Warnaco Group Inc /De/)

Accounting Changes; Fiscal Year. The Parent and the Borrowers shall not, and shall not permit any of their respective its Restricted Subsidiaries to, (a) make any material change in its accounting treatment and reporting practices or Tax tax reporting practicestreatment, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each the Administrative Agent or (b) change its Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (McDermott International Inc)

Accounting Changes; Fiscal Year. The Parent and the Borrowers Borrower shall not, and shall not permit any of their respective its Restricted Subsidiaries to, (a) make any material change in its accounting treatment and reporting practices or Tax tax reporting practices, except as required by GAAP or any Requirement of Law and disclosed to the Lenders and each the Administrative Agent or (b) change its Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (McDermott International Inc)

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