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 referred to in Section 5.3, the consolidated financial statements or forecasts of the Parent delivered pursuant to (b), (c) or (l) of this Section 7 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses had no such change in accounting principles and policies been made, then the Parent shall deliver (i) together with the first delivery of financial statements or forecasts pursuant to clause (b), (c) or (l) of this Section 7 following such change, consolidated financial statements of the Parent and its Subsidiaries 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 (ii) together with each delivery of financial statements or forecasts pursuant to clause (b), (c) or (l) of this Section 7 following such change, subject to Section 1.2, a written statement of the Senior Financial Officer of the Parent setting forth the differences (including, subject to Section 1.2, any differences that would affect any calculations relating to the Financial Covenants which would have resulted if such financial statements had been prepared without giving effect to such change;

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 referred to in Section 5.35.1(E) hereof (other than an immaterial change in GAAP), the consolidated financial statements or forecasts of the Parent Loan Parties delivered pursuant to Section 5.1(E) (ba), (cb) or (le) of this Section 7 hereof will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses Sections had no such change in accounting principles and policies been made, then the Parent shall deliver (iA) together with the first delivery of financial statements or forecasts pursuant to clause Section 5.1(E) (ba), (cb) or (le) of this Section 7 hereof following such change, consolidated financial statements of the Parent and its Subsidiaries Loan Parties 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 (iiB) together with each delivery of financial statements or forecasts pursuant to clause Section 5.1(E) (ba), (cb) or (le) of this Section 7 hereof following such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief financial officer of the Parent each Loan Party setting forth the differences (including, subject to Section 1.2, including any differences that would affect any calculations relating to the Financial Covenants financial covenants set forth in Section 5.3) which would have resulted if such financial statements had been prepared without giving effect to such change;.

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 referred to in Section 5.3, the consolidated financial statements or forecasts of the Parent Borrower delivered pursuant to subdivisions (bi), (cii), (iii) or (lxiii) of this Section 7 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses subdivisions had no such change in accounting principles and policies been made, then the Parent shall deliver (ia) together with the first delivery of financial statements or forecasts pursuant to clause subdivision (bi), (cii), (iii) or (lxiii) of this Section 7 6.1 following such change, consolidated financial statements of the Parent and its Subsidiaries Borrower 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 (iib) together with each delivery of financial statements or forecasts pursuant to clause subdivision (bi), (cii), (iii) or (lxiii) of this Section 7 6.1 following such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief accounting officer or chief financial officer of the Parent Borrower setting forth the differences (including, subject to Section 1.2, any differences that would affect any calculations relating to the Financial Covenants which would have resulted if such financial statements had been prepared without giving effect to such change;

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 referred to in Section 5.35.1(c) hereof (other than an immaterial change in GAAP), the consolidated financial statements or forecasts of the Parent Loan Parties delivered pursuant to Section 7.1(e) (bi), (cii) or (lv) of this Section 7 hereof will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses Sections had no such change in accounting principles and policies been made, then the Parent shall deliver (iA) together with the first delivery of financial statements or forecasts pursuant to clause Section 7.1(e) (bi), (cii) or (lv) of this Section 7 hereof following such change, consolidated financial statements of the Parent and its Subsidiaries Loan Parties 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 (iiB) together with each delivery of financial statements or forecasts pursuant to clause Section 7.1(e) (bi), (cii) or (lv) of this Section 7 hereof following such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief financial officer of the Parent Company setting forth the differences (including, subject to Section 1.2, including any differences that would affect any calculations relating to the Financial Covenants financial covenants set forth in Section 7.3) which would have resulted if such financial statements had been prepared without giving effect to such change;.

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 referred to in Section subsection 5.3, the consolidated financial statements or forecasts of the Parent delivered pursuant to subdivisions (bi), (cii) or (lxii) of this Section 7 subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses subdivisions had no such change in accounting principles and policies been made, then the Parent shall deliver (ia) together with the first delivery of financial statements or forecasts pursuant to clause subdivision (bi), (c) ii), or (lxii) of this Section 7 subsection 6.1 following such change, consolidated financial statements of the Parent Company and its Subsidiaries 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 (iib) together with each delivery of financial statements or forecasts pursuant to clause subdivision (bi), (c) ii), or (lxii) of this Section 7 subsection 6.1 following such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief accounting officer or chief financial officer of the Parent Company setting forth the differences (including, subject to Section 1.2without limitation, any differences that would affect any calculations relating to the Financial Covenants financial covenants set forth in subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

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 referred to in Section 5.3clause (1) or the certificate referred to in clause (2), the consolidated financial statements or forecasts of the Parent certificate delivered pursuant to clause (b), (ca)(1) or (l2) of this Section 7 2.02 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such clauses clause (a)(1) had no such change in accounting principles and policies been made, then the Parent shall deliver (i) together with the first delivery of financial statements or forecasts the certificate pursuant to clause (b), (c) or (l2) of this Section 7 2.02(a) following such change, consolidated financial statements of the Parent Sponsor and its Subsidiaries subsidiaries 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 (iib) together with each delivery of financial statements or forecasts for the Sponsor and its subsidiaries pursuant to clause clauses (b), (c1) or (l2) of this Section 7 2.02(a) following such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief accounting officer or chief financial officer of the Parent Sponsor setting forth the differences (including, subject to Section 1.2, any differences that would affect any calculations relating to the Financial Covenants which would have resulted if such financial statements or certificate had been prepared without giving effect to such change;

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 referred to in Section 5.34.4., the ------------ consolidated financial statements or forecasts of the Parent Borrower Group delivered pursuant to paragraphs (b), (cii) or (liii) of this Section 7 5.1. will differ in any ------------ material respect from the consolidated financial statements that would have been delivered pursuant to such clauses paragraphs had no such change in accounting principles and policies been made, then the Parent shall deliver (ia) together with the first delivery of financial statements or forecasts pursuant to clause paragraph (b), (cii) or (liii) of this Section 7 5.1. following such change, consolidated financial statements ------------ of the Parent and its Subsidiaries Borrower Group 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 (iib) together with each delivery of financial statements or forecasts for the Borrower Group pursuant to clause paragraph (b), (cii) or (liii) of this Section 7 5.1. following ------------ such change, subject to Section 1.2, a written statement of the Senior Financial Officer chief financial officer or treasurer of the Parent each Borrower setting forth the differences (including, subject to Section 1.2, including any differences that would affect any calculations relating to the Financial Covenants financial covenants set forth in Section 6.6.) which would have resulted if such ------------ financial statements had been prepared without giving effect to such change;