We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of End of Fiscal Years; Fiscal Quarters Clause in Contracts

End of Fiscal Years; Fiscal Quarters. Holdings and the Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries’, fiscal years to end on the Sunday closest to November 30 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 9 contracts

Samples: Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp), Credit Agreement (Sealy Corp)

End of Fiscal Years; Fiscal Quarters. Holdings and the Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries’, fiscal years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 (Sealy Corp), Senior Unsecured Credit Agreement (Sealy Corp), Credit Agreement (Accellent Corp.)

End of Fiscal Years; Fiscal Quarters. Holdings and the The Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries', fiscal years to end on the Sunday closest to November 30 Friday nearest May 31 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries', fiscal quarters to end on dates consistent with such fiscal (i) the Friday 16 weeks after, (ii) the Friday 28 weeks after and (iii) the Friday 40 weeks after, the Friday nearest May 31 of each year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 (KCLC Acquisition Corp), Credit Agreement (Kindercare Learning Centers Inc /De), Revolving Credit Agreement (Kindercare Learning Centers Inc /De)

End of Fiscal Years; Fiscal Quarters. Holdings Holdings, the Borrower and the Canadian Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries’, fiscal years to end on the Sunday Saturday closest to November 30 December 31 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 (Visant Corp), Credit Agreement (Jostens IH Corp.)

End of Fiscal Years; Fiscal Quarters. Holdings and the The Lead Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Restricted Subsidiaries’, fiscal years to end on the Sunday closest to November April 30 of each year (but in no event later than December 2) and (b) each of its, and each of its Restricted Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Lead Borrower’s past practice; provided, however, that Holdings and the Lead Borrower may, upon written notice to the Administrative Agent, Agent change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and the Lead 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 (Big Heart Pet Brands), Credit Agreement (Del Monte Foods Co)

End of Fiscal Years; Fiscal Quarters. Holdings and the US Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries', fiscal years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries', fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the US Borrower’s 's past practice; provided, however, that Holdings and the US Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and the US 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 (Rockwood Specialties Group Inc), Credit Agreement (Rockwood Specialties Group Inc)

End of Fiscal Years; Fiscal Quarters. Each of Holdings and the Borrower will, for financial reporting purposes, cause (a) each of its, and each of its Subsidiaries’Restricted Subsidiary’s, fiscal years Fiscal Years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than December 2) and (b) each of its, and each of its Subsidiaries’Restricted Subsidiary’s, fiscal quarters to end on dates consistent with such fiscal yearFiscal Year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and Holdings, 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 (Brookfield Residential Properties Inc.)

End of Fiscal Years; Fiscal Quarters. Holdings and the Borrower will, for financial reporting purposes, cause (a) each of itstheir, and each of its their respective Subsidiaries', fiscal years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than December 2) and (b) each of itstheir, and each of its their respective Subsidiaries', fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s 's past practice; providedPROVIDED, howeverHOWEVER, that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and Holdings, 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 (Intelsat LTD)

End of Fiscal Years; Fiscal Quarters. Holdings and the The Borrower will, for financial reporting purposes, cause (a) each of its, and each of its the Restricted Subsidiaries’, fiscal years to end on the Sunday closest to November 30 either December 31 of each year (but in no event later than December 2) or the last Saturday of each fiscal year and (b) each of its, and each of its the Restricted Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s past practice; provided, however, that Holdings and the Borrower may, upon written notice to to, and consent by, the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 (Grocery Outlet Holding Corp.)

End of Fiscal Years; Fiscal Quarters. Holdings and the Borrower The Parent will, for financial reporting purposes, cause (a) each of its, and each of its Restricted Subsidiaries’, fiscal years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than or with respect to Restricted Foreign Subsidiaries, October 31 or December 231 of each year, as applicable) and (b) each of its, and each of its Restricted Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the BorrowerParent’s past practice; provided, however, that Holdings and the Borrower Parent may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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: Term Loan Credit Agreement (MRC Global Inc.)

End of Fiscal Years; Fiscal Quarters. Holdings and the The Borrower will, for financial reporting purposes, cause (a) each of its, and each of its the Restricted Subsidiaries’, fiscal years to end on the Sunday closest to November 30 December 31 of each year (but in no event later than unless such Restricted Subsidiary’s fiscal year end is not December 231 as of the Closing Date) and (b) each of its, and each of its the Restricted Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal year-end and Holdings and the Borrower’s past practice; provided, however, provided that Holdings and the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent, in which case Holdings and 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 (GCM Grosvenor Inc.)