Common use of Reconciliation Statements Clause in Contracts

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i) or (ii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then together with the first delivery of financial statements pursuant to subdivision (i) or (ii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.4) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 4 contracts

Samples: Credit Agreement (Express Scripts Inc), Credit Agreement (Express Scripts Inc), Credit Agreement (Express Scripts Inc)

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Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant referred to subsection 5.3 or this subsection 6.1in Section 4.01(g), the consolidated financial statements of Company the Parent Guarantor and its Subsidiaries delivered pursuant to subdivisions Section 5.03(b), (ic) or (iif) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions Section had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to subdivision Section 5.03(b), (ic) or (f) following such change, consolidated financial statements of the Parent Guarantor and its Subsidiaries for the fiscal quarter immediately preceding the fiscal quarter in which such change is made, prepared on a pro forma basis as if such change had been in effect during such fiscal quarter, and (ii) together with each delivery of this subsection 6.1 financial statements pursuant to Section 5.03(b), (c) or (f) following such change, a written statement of the chief accounting officer or chief financial officer of Company the Parent Guarantor setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.4Section 5.04) which would have resulted if such financial statements had been prepared without giving effect to such change;.

Appears in 4 contracts

Samples: Credit Agreement (American Campus Communities Inc), Credit Agreement (American Campus Communities Inc), Senior Secured Term Loan Agreement (American Campus Communities Inc)

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently referred to in Section 4.4, any of the financial statements delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions paragraph (iii) or (iiiii) of this subsection 6.1 Section 5.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions paragraphs had no such change in accounting principles and policies been made, then then: (a) together with the first delivery of financial statements pursuant to subdivision paragraph (iii) or (iiiii) of this subsection 6.1 Section 5.1 following such change, financial statements of the applicable group of entities for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and (b) together with each delivery of financial statements pursuant to paragraph (ii) or (iii) of this Section 5.1 following such change, a written statement of the chief accounting financial officer or chief financial officer treasurer of Company the Parent setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.4Section 6.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 3 contracts

Samples: Credit Agreement (Switch & Data Facilities Company, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.)

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i), (ii) or (iixii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then together with the first delivery of financial statements pursuant to subdivision (i), (ii) or (iixii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.47.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 2 contracts

Samples: Credit Agreement (Express Scripts Inc), Credit Agreement (Express Scripts Inc)

Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 for the Fiscal Year ended December 31, 2008 or this subsection 6.1any subsequent Fiscal Year thereafter, the consolidated financial statements of Company Holdings and its Subsidiaries delivered pursuant to subdivisions (isubsections 6.1(C) or (iiand 6.1(D) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions subsections had no such change in accounting principles and policies been made, then together with not later than five (5) days after the first delivery of financial statements pursuant to subdivision (isubsections 6.1(C) or (iiand 6.1(D) of this subsection 6.1 following such change, pursuant to subsection 1.2, a written statement of the chief accounting officer or chief financial officer a Financial Officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.47.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 2 contracts

Samples: Credit Agreement (Panolam Industries International Inc), Second Lien Credit Agreement (Panolam Industries International Inc)

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant referred to in subsection 5.3 or this subsection 6.15.3, the consolidated financial statements of Company Holdings and its Subsidiaries delivered pursuant to subdivisions clauses (iii) or (iiiii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions clauses had no such change in accounting principles and policies been made, then together with not later than five (5) days after the first delivery of financial statements pursuant to subdivision clauses (iii) or (iiiii) of this subsection 6.1 following such change, pursuant to subsection 1.2, a written statement of the chief accounting officer or chief financial officer a Financial Officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.47.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries International Inc)

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Reconciliation Statements. ifIf, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i) or (ii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then together with the first delivery of financial statements pursuant to subdivision (i) or (ii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.47.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Lincoln Electric Holdings Inc)

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i), (ii) or (iixii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then together with the first delivery of financial statements pursuant to subdivision (i), (ii) or (iixii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.4) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Express Scripts Inc)

Reconciliation Statements. if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements most recently delivered pursuant to subsection 5.3 or this subsection 6.1, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (i) or (ii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then together with the first delivery of financial statements pursuant to subdivision (i) or (ii) of this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants covenant set forth in subsection 7.4) which would have resulted if such financial statements had been prepared without giving effect to such change;

Appears in 1 contract

Samples: Credit Agreement (Express Scripts Holding Co.)

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