Common use of Accounting Policies/Change of Business Clause in Contracts

Accounting Policies/Change of Business. No Borrower shall (i) change its fiscal year or any of its significant accounting policies except to the extent necessary to comply with GAAP or (ii) make any material change in the nature of its business as carried on as of the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Ares Acquisition Corp), Credit Agreement (Ares Acquisition Corp)

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Accounting Policies/Change of Business. No Borrower or any of its Subsidiaries shall (i) change its fiscal year or any of its significant accounting policies except to the extent necessary to comply with GAAP GAAP; or (ii) make any material change in the nature of its business as carried on as of the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Creative Realities, Inc.)

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Accounting Policies/Change of Business. No Borrower shall not (i1) change its fiscal year or any of its significant accounting policies except to the extent necessary to comply with GAAP or (ii2) make any material change in the nature of its business as carried on as of the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (First Internet Bancorp)

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