Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters. (b) Make or permit any change in accounting policies or reporting practices, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 7 contracts
Samples: Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp), Credit Agreement (On Semiconductor Corp)
Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 a Sunday on or about September 30 or change the Borrower’s method of determining fiscal quarters.
(b) Make or permit any change in accounting policies or reporting practices, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 4 contracts
Samples: Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp), Credit Agreement (Microsemi Corp)
Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower Holdings to end on a day be other than the 52-week or 53-week period ending the Saturday nearest December 31 or change the Borrower’s Holdings’ method of determining fiscal quarters.
(b) Make or permit permit, any change in accounting policies or reporting practices, without the consent of the Required Lenders, which consent shall not be unreasonably withheld, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable GAAP (subject in each case to the Administrative Agentprovisions of Section 1.03).
Appears in 3 contracts
Samples: Superpriority Senior Debtor in Possession Credit Agreement (Paperweight Development Corp), Credit Agreement (Paperweight Development Corp), Credit Agreement (Paperweight Development Corp)
Changes in Fiscal Periods; Accounting Changes. Permit (ai) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.
quarters or (bii) Make or permit any change changes in accounting policies or reporting practices, except changes that are as permitted or required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 1 contract
Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement (Lodgenet Interactive Corp)
Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to change from a 52-53 week fiscal year ending on the Friday closest to year-end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.
(b) Make or permit any change in accounting policies or reporting practices, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized “Top 6” firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 1 contract
Samples: Credit Agreement (Intersil Corp/De)
Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 a Sunday on or about September 30 or change the Borrower’s method of determining fiscal quarters.
(ba) Make or permit any change in accounting policies or reporting practices, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 1 contract
Samples: Credit Agreement (Microsemi Corp)
Changes in Fiscal Periods; Accounting Changes. (a) Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.
(b) Make or permit any change in accounting policies or reporting practices, except changes that are required by GAAP, or change independent accountants other than to any nationally recognized firm or such other firm reasonably acceptable to the Administrative Agent.
Appears in 1 contract
