Common use of Restatements Clause in Contracts

Restatements. Each Lender and the Administrative Agent hereby acknowledge and agree that Holdings and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP or the interpretation thereof or purchase accounting adjustments and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents.

Appears in 9 contracts

Samples: Credit Agreement (iCIMS Holding LLC), Credit Agreement (iCIMS Holding LLC), Credit Agreement (iCIMS Holding LLC)

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Restatements. Each Lender and the Administrative Agent hereby acknowledge and agree that Holdings and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP GAAP, or the respective interpretation thereof or purchase accounting adjustments thereof, and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents.

Appears in 8 contracts

Samples: Credit Agreement (Cvent Holding Corp.), Credit Agreement (Dragoneer Growth Opportunities Corp. II), First Lien Credit Agreement (Allvue Systems Holdings, Inc.)

Restatements. Each Lender and the Administrative Agent hereby acknowledge and agree that Holdings and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP GAAP, or the respective interpretation thereof or purchase accounting adjustments adjustments, and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents.

Appears in 3 contracts

Samples: Second Lien Credit Agreement (Solera Corp.), Second Lien Credit Agreement (Solera Corp.), Credit Agreement (Ping Identity Holding Corp.)

Restatements. Each Lender and the Administrative Agent hereby acknowledge and agree that Holdings the Borrower and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP or the interpretation thereof or purchase accounting adjustments and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Blend Labs, Inc.), Credit Agreement (Par Technology Corp), Credit Agreement (2U, Inc.)

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Restatements. Each Lender and the Administrative Agent hereby acknowledge and agree that Holdings the Borrower and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP or the interpretation thereof or purchase accounting adjustments and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents.. Section 3.05

Appears in 2 contracts

Samples: Credit Agreement (Blend Labs, Inc.), Credit Agreement (Par Technology Corp)

Restatements. Each Lender and the Administrative Agent hereby hereby(d) acknowledge and agree that Holdings the Borrower and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP or the interpretation thereof or purchase accounting adjustments and that such restatements on their own will not result in a Default or Event of Default under the Loan Documents. Properties.Section 3.05

Appears in 1 contract

Samples: Credit Agreement (Blend Labs, Inc.)

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