Common use of Changes in Accounting, Name and Jurisdiction of Organization Clause in Contracts

Changes in Accounting, Name and Jurisdiction of Organization. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, (i) make any significant change in accounting treatment or reporting practices, except as required by GAAP, (ii) change the Fiscal Year or method for determining Fiscal Quarters of any Credit Party or of any consolidated Subsidiary of any Credit Party; provided, the fiscal year of a Target of a Permitted Acquisition permitted under the terms of this Agreement may be changed so as to conform such fiscal year with that of the Credit Parties, (iii) change its name as it appears in official filings in its jurisdiction of organization or (iv) change its jurisdiction of organization, in the case of preceding clauses (iii) and (iv), without at least twenty (20) days’ prior written notice to Agent.

Changes in Accounting, Name and Jurisdiction of Organization. No Credit Party shall, and no Credit Party shall suffer or permit any of its Restricted Subsidiaries to, (ia) make any significant change in accounting treatment or reporting practices, except as required by GAAP; provided, that Agent shall be notified in writing of such changes in the Compliance Certificate accompanying the financial statements delivered pursuant to this Agreement that incorporate any such changes, (iib) change the Fiscal Year or method for determining Fiscal Quarters of any Credit Party or of any consolidated Subsidiary of any Credit Party; provided, the fiscal year of a Target of a Permitted Acquisition permitted under the terms of this Agreement may be changed so as to conform such fiscal year with that of the Credit Parties, (iiic) change its name as it appears in official filings in its jurisdiction of organization or (ivd) change its jurisdiction of organization, in the case of preceding clauses (iiic) and (ivd), without at least twenty five (205) daysBusiness Days’ prior written notice to Agent.