Common use of Fiscal Year and Accounting Changes Clause in Contracts

Fiscal Year and Accounting Changes. No Loan Party shall change its fiscal year from March 31 or make any material change (a) in accounting treatment and reporting practices except as required by GAAP or (b) in Tax reporting treatment except as required by law.

Appears in 2 contracts

Samples: Note Purchase Agreement (Neptune Wellness Solutions Inc.), Note Purchase Agreement (Neptune Wellness Solutions Inc.)

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Fiscal Year and Accounting Changes. No Each Specified Loan Party shall will not, and will not permit any of its Subsidiaries to, change its fiscal year from March December 31 or make any material significant change (ai) in accounting treatment and reporting practices except as required by GAAP or (bii) in Tax tax reporting treatment except as required by law.

Appears in 2 contracts

Samples: Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De), Revolving Credit, Term Loan and Security Agreement (PHI Group, Inc./De)

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