Examples of Accounting Reference Period in a sentence
No alteration may be made to its Accounting Reference Period or Accounting Quarters without the prior written consent of the Agent (which consent shall not be unreasonably withheld).
Accounting Reference Period and Financial Year of Transferring SE.79.
At the request of the Agent, the Obligors shall within 120 days after the close of each Accounting Reference Period, hold a meeting at a time and place selected by the Obligors and reasonably acceptable to the Agent, with all of the Lenders at which meeting shall be reviewed the financial results of the previous fiscal year, the financial condition of the Obligors and the Operating Budget for the then current fiscal year of the Obligors.
Each such budget shall contain, inter alia, (in such detail as the Lead Bank reasonably considers to be necessary) the aggregate amount of Capital Expenditure (separately specifying individual items of Capital Expenditure in excess of $5,000,000) intended to be incurred by the Tobacco Group during that Accounting Reference Period.
In the case of an Accounting Reference Period of more or less than 12 months' duration, the figures shall be calculated by using an appropriate proportion or multiple to determine the annualised equivalent.