Common use of Accounting Methods; Income Tax Elections Clause in Contracts

Accounting Methods; Income Tax Elections. The Company shall not, and shall not permit any of the Company Subsidiaries to, (1) change in any material respect its methods of accounting or accounting practice as in effect at March 31, 2005, except for any such change as required by reason of a change in SEC guidelines or GAAP, (2) change its fiscal year, (3) prepare or file any material Tax return materially inconsistent with past practice or, on any such Tax Return, take any position, make any election, or adopt any method that is materially inconsistent with positions taken, elections made or methods used in preparing or filing similar Tax returns in prior periods or (4) settle or compromise any material claim relating to Taxes.

Accounting Methods; Income Tax Elections. The Company shall not, and shall not permit any of the Company its Subsidiaries to, (1) change in any material respect its methods of accounting or accounting practice as in effect at March December 31, 2005, except for any such change as required by reason of a change in SEC guidelines or GAAP, (2) change its fiscal year, year or (3) prepare or file any material Tax return Return materially inconsistent with past practice or, on any such Tax Return, take any position, make any election, or adopt any method that is materially inconsistent with positions taken, elections made or methods used in preparing or filing similar Tax returns Returns in prior periods or (4) settle or compromise any material claim relating to Taxesexcept, in each case, as required by Tax Law.