Common use of Accounting Policies and Procedures Clause in Contracts

Accounting Policies and Procedures. Permit any change in the accounting policies and procedures of the Company or any Corporate Guarantor, including a change in fiscal year, provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board (or other board or committee thereof) in order to comply with Generally Accepted Accounting Principles may be so changed.

Appears in 3 contracts

Samples: Security Agreement (American Medical Alert Corp), Credit Agreement (Lexent Inc), Credit Agreement (Lexent Inc)

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Accounting Policies and Procedures. Permit any change in the accounting policies and procedures of the Company Companies or any Corporate Guarantor, including a change in fiscal year, provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board (or other board or committee thereof) in order to comply with Generally Accepted Accounting Principles may be so changed.

Appears in 2 contracts

Samples: Credit Agreement (Edo Corp), Credit Agreement (Edo Corp)

Accounting Policies and Procedures. Permit any change in the accounting policies and procedures of the Company or any Corporate Guarantorof its Subsidiaries, including a change in fiscal yearyear (other than a change of the fiscal year end to December 31), provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board (or other board or committee thereof) in order to comply with Generally Accepted Accounting Principles may be so changed.

Appears in 1 contract

Samples: Credit Agreement (Eon Labs Inc)

Accounting Policies and Procedures. Permit any change in the accounting policies and procedures of the Company or any Corporate Guarantorof its Subsidiaries, including a change in fiscal year, without the prior written consent of the Bank; provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board FASB (or other board or committee thereof) of the FASB in order to comply with Generally Accepted Accounting Principles Principles) may be so changed.

Appears in 1 contract

Samples: Credit Agreement (Superior Surgical Manufacturing Co Inc)

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Accounting Policies and Procedures. Permit any change in the accounting policies and procedures of the Company or any Corporate Guarantor, including a change in fiscal yearyear (other than to a calendar year end, in which event appropriate adjustments shall be made to the dates specified in Section 7.13(a)), provided, however, that any policy or procedure required to be changed by the Financial Accounting Standards Board (or other board or committee thereof) in order to comply with Generally Accepted Accounting Principles may be so changed.

Appears in 1 contract

Samples: Credit Agreement (Sbarro Inc)

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