Common use of End of Fiscal Year Clause in Contracts

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its Domestic Subsidiaries’, Fiscal Years to end on December 31 of each year (the “Fiscal Year End”); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 4 contracts

Samples: Pledge Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotel Capital Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

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End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its Domestic Subsidiaries’, Fiscal Years to end on December 31 of each year (the “Fiscal Year End”); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 3 contracts

Samples: Credit Agreement (Cole Credit Property Trust II Inc), Credit Agreement (Spirit Realty Capital, Inc.), Credit Agreement (Spirit Realty Capital, Inc.)

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its, and each of its Domestic Subsidiaries', Fiscal Years fiscal years to end on December October 31 of each year (the "Fiscal Year End"); provided, however, that the Borrower may, upon prior written notice to the Administrative AgentAgents, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative AgentAgents, in which case the Borrower and the Administrative AgentAgents will, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 2 contracts

Samples: Credit Agreement (KSL Recreation Group Inc), Credit Agreement (KSL Recreation Group Inc)

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its Domestic Subsidiaries’, Fiscal Years to end on December 31 of each year (the “Fiscal Year End”); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 2 contracts

Samples: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its its, and each Domestic Subsidiaries’Restricted Subsidiary's, Fiscal Years to end on the Thursday which is the closest to each December 31 of each year (the “Fiscal Year End”)31; provided, however, that the Borrower may, upon written prior notice to the Administrative Agent, change the definition last day of its Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative AgentAgent will, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 1 contract

Samples: Credit Agreement (Regal Cinemas Inc)

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End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its, and each of its Domestic Subsidiaries', Fiscal Years fiscal years to end on December October 31 of each year (the "Fiscal Year End"); providedPROVIDED, howeverHOWEVER, that the Borrower may, upon prior written notice to the Administrative AgentAgents, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative AgentAgents, in which case the Borrower and the Administrative AgentAgents will, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 1 contract

Samples: Credit Agreement (KSL Recreation Group Inc)

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its Domestic Subsidiaries', Fiscal Years fiscal years to end on December 31 of each year (the "Fiscal Year End"); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 1 contract

Samples: Credit Agreement (Strategic Hotel Capital Inc)

End of Fiscal Year. The Borrower will, for financial reporting purposes, cause each of its Domestic Subsidiaries’, ' Fiscal Years to end on December 31 of each year (the "Fiscal Year End"); provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the definition of Fiscal Year End set forth above to any other date reasonably acceptable to the Administrative Agent, in which case the Borrower and the Administrative Agent, will and are hereby authorized by the Lenders to, make any adjustments to this Agreement that are necessary in order to reflect such change in financial reporting.

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Strategic Hotels & Resorts, Inc)

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