Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser of any change in (i) the external accountants of such Originator or (ii) any material accounting policy of such Originator (it being understood that any change to the manner in which such Originator accounts for the Receivables or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: First Tier Purchase and Sale Agreement (Exela Technologies, Inc.)
Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser of any change in (i) the external accountants of such Originator any Exela Party or (ii) any material accounting policy of such the Seller or any Originator (it being understood that any change to the manner in which such the Seller or any Originator accounts for the Receivables assets constituting Sold Assets and Seller Collateral or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: Receivables Purchase Agreement (Exela Technologies, Inc.)
Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser of any change in (i) the external accountants of such Originator Seller or (ii) any material accounting policy of such Originator Seller (it being understood that any change to the manner in which such Originator Seller accounts for the Receivables or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.)
Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser Lender of any change in (i) the external accountants of such Originator any Exela Party or (ii) any material accounting policy of such the Borrower or any Originator (it being understood that any change to the manner in which such the Borrower or any Originator accounts for the Receivables assets constituting Collateral or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: Loan and Security Agreement (Exela Technologies, Inc.)
Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser Lender of any change in (i) the external accountants of such Originator or (ii) any material accounting policy of such Originator (it being understood that any change to the manner in which such Originator accounts for the Receivables or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: First Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.)
Change in Accountants or Accounting Policy. Promptly notify the Administrative Agent and each Purchaser Lender of any change in (i) the external accountants of such Originator Seller or (ii) any material accounting policy of such Originator Seller (it being understood that any change to the manner in which such Originator Seller accounts for the Receivables or the transactions contemplated under the Transaction Documents shall be deemed “material” for such purpose).
Appears in 1 contract
Samples: Second Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.)
