Common use of Fiscal Year and Accounting Changes Clause in Contracts

Fiscal Year and Accounting Changes. Change, without the prior written consent of Agent to be given or withheld in its sole discretion, its fiscal year end from January 31 or make any change (a) in accounting treatment and reporting practices except as required by GAAP or the Securities Act or (b) in tax reporting treatment except as required by law.

Appears in 4 contracts

Samples: Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation)

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Fiscal Year and Accounting Changes. Change, without Without the prior written consent of Agent to be given or withheld in its sole discretionAgent, change its fiscal year end from January 31 June 30 of each calendar year or make any material change (ai) in accounting treatment and reporting practices except as required by GAAP or the Securities Act GAAP, or (bii) in tax reporting treatment except as required by law.

Appears in 2 contracts

Samples: Financing Agreement (Rafaella Apparel Group,inc.), Financing Agreement (Rafaella Apparel Group,inc.)

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Fiscal Year and Accounting Changes. Change, without Without the prior written consent of Agent to be given or withheld in its sole discretionAgent, change its fiscal year end from January 31 June 30 of each calendar year or make any material change (ai) in accounting treatment and reporting practices except as required by GAAP or the Securities Act GAAP, or (bii) in tax reporting treatment except as required by law.”

Appears in 1 contract

Samples: Financing Agreement (Rafaella Apparel Group,inc.)

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