Common use of Absence of Accounting Issues Clause in Contracts

Absence of Accounting Issues. A member of the Board of Directors of the Issuer has confirmed that the Board of Directors is not reviewing or investigating, and neither the Issuer’s independent auditors nor its internal auditors have recommended that the Board of Directors review or investigate adding to, deleting, changing the application of, or changing the Issuer’s disclosure with respect to, the Issuer’s material accounting policies, other than in connection with any proposed change in U.S. GAAP (as defined below).

Absence of Accounting Issues. A member of the Board of Directors of the Issuer has confirmed that since December 31, 2011, the Board of Directors is has not reviewing reviewed or investigatinginvestigated, and neither the Issuer’s independent auditors nor its internal auditors have recommended the audit committee of the Issuer’s parent has made any formal recommendation that the Board of Directors review or investigate investigate, adding to, deleting, changing the application of, or changing the Issuer’s disclosure in any material way with respect to, to the Issuer’s material accounting policies, other than in connection with any proposed change in U.S. GAAP (as defined below).