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 4.01(g), the consolidated financial statements of the Parent Guarantor and its Subsidiaries delivered pursuant to Section 5.03(b), (c) or (f) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(b), (c) 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 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 the Parent Guarantor setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04) which would have resulted if such financial statements had been prepared without giving effect to such change.

Appears in 4 contracts

Sources: Credit Agreement (American Campus Communities Inc), Credit Agreement (American Campus Communities Inc), Senior Secured Term Loan Agreement (American Campus Communities 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 referred most recently delivered pursuant to in Section 4.01(g)subsection 5.3 or this subsection 6.1, the consolidated financial statements of the Parent Guarantor Company and its Subsidiaries delivered pursuant to Section 5.03(b), subdivisions (ci) or (fii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subdivisions had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(b), subdivision (ci) 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 financial statements pursuant to Section 5.03(b), (c) or (f) this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04subsection 7.4) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 4 contracts

Sources: Credit Agreement (Express Scripts Inc), 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 referred to in Section 4.01(g)4.4, any of the consolidated financial statements of the Parent Guarantor and its Subsidiaries delivered pursuant to Section 5.03(b), paragraph (cii) or (fiii) of this Section 5.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section paragraphs had no such change in accounting principles and policies been made, then then: (ia) together with the first delivery of financial statements pursuant to Section 5.03(b), paragraph (cii) or (fiii) of this Section 5.1 following such change, consolidated financial statements of the Parent Guarantor applicable group of entities for (y) the current Fiscal Year to the effective date of such change and its Subsidiaries for (z) the fiscal quarter two full Fiscal Years immediately preceding the fiscal quarter 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 fiscal quarterperiods, and and (iib) together with each delivery of financial statements pursuant to Section 5.03(b), paragraph (cii) or (fiii) of this Section 5.1 following such change, a written statement of the chief accounting financial officer or chief financial officer treasurer of the Parent Guarantor setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.046.6) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 3 contracts

Sources: Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data, Inc.), Credit Agreement (Switch & Data Facilities Company, 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 referred to in Section 4.01(g)for the Fiscal Year ended December 31, 2008 or any subsequent Fiscal Year thereafter, the consolidated financial statements of the Parent Guarantor Holdings and its Subsidiaries delivered pursuant to Section 5.03(b), (csubsections 6.1(C) or (fand 6.1(D) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subsections had no such change in accounting principles and policies been made, then not later than five (i5) together with days after the first delivery of financial statements pursuant to Section 5.03(b), (csubsections 6.1(C) or (fand 6.1(D) 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 financial statements pursuant to Section 5.03(b), (c) or (f) following such changesubsection 1.2, a written statement of the chief accounting officer or chief financial officer a Financial Officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 2 contracts

Sources: Second Lien Credit Agreement (Panolam Industries International Inc), Credit Agreement (Panolam Industries International 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 referred most recently delivered pursuant to in Section 4.01(g)subsection 5.3 or this subsection 6.1, the consolidated financial statements of the Parent Guarantor Company and its Subsidiaries delivered pursuant to Section 5.03(bsubdivisions (i), (cii) or (fxii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subdivisions had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(bsubdivision (i), (cii) or (fxii) 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 financial statements pursuant to Section 5.03(b), (c) or (f) this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 2 contracts

Sources: 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 referred most recently delivered pursuant to in Section 4.01(g)subsection 5.3 or this subsection 6.1, the consolidated financial statements of the Parent Guarantor Company and its Subsidiaries delivered pursuant to Section 5.03(bsubdivisions (i), (cii) or (fxii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subdivisions had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(bsubdivision (i), (cii) or (fxii) 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 financial statements pursuant to Section 5.03(b), (c) or (f) this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 1 contract

Sources: 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 referred most recently delivered pursuant to in Section 4.01(g)subsection 5.3 or this subsection 6.1, the consolidated financial statements of the Parent Guarantor Company and its Subsidiaries delivered pursuant to Section 5.03(b), subdivisions (ci) or (fii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subdivisions had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(b), subdivision (ci) 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 financial statements pursuant to Section 5.03(b), (c) or (f) this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Lincoln Electric Holdings 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 referred most recently delivered pursuant to in Section 4.01(g)subsection 5.3 or this subsection 6.1, the consolidated financial statements of the Parent Guarantor Company and its Subsidiaries delivered pursuant to Section 5.03(b), subdivisions (ci) or (fii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section subdivisions had no such change in accounting principles and policies been made, then (i) together with the first delivery of financial statements pursuant to Section 5.03(b), subdivision (ci) 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 financial statements pursuant to Section 5.03(b), (c) or (f) this subsection 6.1 following such change, a written statement of the chief accounting officer or chief financial officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants covenant set forth in Section 5.04subsection 7.4) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 1 contract

Sources: Credit Agreement (Express Scripts Holding Co.)

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 4.01(g)subsection 5.3, the consolidated financial statements of the Parent Guarantor Holdings and its Subsidiaries delivered pursuant to Section 5.03(b), clauses (cii) or (fiii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such Section clauses had no such change in accounting principles and policies been made, then not later than five (i5) together with days after the first delivery of financial statements pursuant to Section 5.03(b), clauses (cii) or (fiii) of this subsection 6.1 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 financial statements pursuant to Section 5.03(b), (c) or (f) following such changesubsection 1.2, a written statement of the chief accounting officer or chief financial officer a Financial Officer of the Parent Guarantor Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in Section 5.04subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change.;

Appears in 1 contract

Sources: Credit Agreement (Panolam Industries International Inc)