Changes in Fiscal Year and Accounting Procedures. Upon notice to Lessor, Lessee may (a) change its fiscal year or capital structure or (b) change, alter, amend or in any manner modify in accordance with GAAP any of its current accounting procedures related to the method of revenue recognition, billing procedures or determinations of doubtful accounts or bad debt expenses or permit any of its Subsidiaries to so change its fiscal year, provided that, in the event of such change, modification or alteration, Lessee and Lessor shall make such adjustments to the calculation of Additional Rent and the financial covenants contained herein as Lessor shall reasonably require to make the same consistent in result with the calculation thereof immediately prior to such change, modification or alteration.
Appears in 5 contracts
Samples: Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\)
