Change in Accounting. No Credit Party shall, and no Credit Party shall suffer or permit any of its Subsidiaries to, (i) make any significant change in accounting treatment or reporting practices, except as required by GAAP or (ii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated Subsidiary of any Credit Party.
Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (a) make any significant change in accounting treatment or reporting practices, except as required by GAAP or (b) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated Subsidiary of any Credit Party except, in each case, to the extent that Agent has provided its prior written consent to such change (such consent to be given or withheld in Agent’s reasonable discretion).
Change in Accounting. The Company will not and will not permit any Subsidiary to, change its method of accounting except for (a) changes permitted by GAAP in which the Company's auditors concur, (b) changes with respect to any Person or assets acquired by the Company to conform with the Company's policies and procedures and which are permitted by GAAP or (c) changes required by GAAP. The Company shall advise the Agent in writing promptly upon making any material change to the extent same is not disclosed in the financial statements required under SECTION 7.01 hereof. In the event of any such change, the Company, the Banks and the Agent agree to negotiate amendments to SECTIONS 8.10 through 8.14 hereof (and related definitions, if relevant) so as to equitably reflect such changes thereon with the intended result that the criteria for evaluating the financial condition of the Company and its Subsidiaries shall be substantially the same after such changes as before.
Change in Accounting. Borrower shall not make any material change or modification of Borrower’s manner and method of accounting except as required by the applicable accounting standard.
Change in Accounting. The Company will not change its method of accounting except for (a) immaterial changes permitted by GAAP in which the Company's auditors concur or (b) changes required by GAAP; provided that the Company and the Agent shall negotiate in good faith, to renegotiate any affected provision of this Agreement to reflect any such change. The Company shall advise the Agent and the Lenders in writing promptly upon making any material change to the extent same is not disclosed in the financial statements required under Section 7.01 hereof.
Change in Accounting. The Company will not and will not permit any Subsidiary to, change its method of accounting including a change of the Company's fiscal year except for (a) changes permitted by GAAP in which the Company's auditors concur, (b) changes with respect to any Person or assets acquired by the Company to conform with the Company's policies and procedures and which are permitted by GAAP or (c) changes required by GAAP. The Company shall advise the Administrative Agent in writing promptly upon making any material change to the extent same is not disclosed in the financial statements required under SECTION 7.1 hereof. In the event of any such change, the Company, the Banks and the Administrative Agent agree to negotiate amendments to SECTIONS 8.10 through 8.14 hereof (and related definitions, if relevant) so as to equitably reflect such changes thereon with the intended result that the criteria for evaluating the financial condition of the Company and its Subsidiaries shall be substantially the same after such changes as before.
Change in Accounting. There has been no change in accounting policies or practices of the Company or any of its subsidiaries since December 31, 2008, although it is acknowledged that the reporting currency of the consolidated financial statements of the Company and its subsidiaries was changed from Canadian dollars to United States dollars effective January 1, 2009.
Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (i) make any significant change in accounting treatment or reporting practices, except as permitted or required by GAAP or IFRS, as applicable, (ii) change its accounting treatment or reporting practices hereunder from GAAP to IFRS or from IFRS to GAAP without providing Agent (x) prior written notice of such change and (y) for the reporting period immediately following such change, such documentation as Agent may from time to time reasonably request setting forth in comparative form the corresponding figures for the corresponding period under the previously used accounting principles or (iii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any consolidated Subsidiary of any Credit Party.
Change in Accounting. The Company will not, and will not permit any of the Restricted Subsidiaries to, change its method of accounting except for immaterial changes in methods, changes permitted by GAAP in which the Company's auditors concur and changes required by GAAP.
Change in Accounting. Prior to the Closing, the Shareholders shall have caused the Company to convert to the accrual basis method of accounting for tax and accounting purposes.
