Change in Accounting Method. The Borrower will not, and will not permit any Subsidiary to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks’ prior written approval.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Southern Union Co), Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)
Change in Accounting Method. The Borrower will not, --------------------------- and will not permit any Subsidiary to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks’ ' prior written approval.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)
Change in Accounting Method. The Borrower Borrowers will not, and will not permit any Subsidiary of their respective Subsidiaries to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks’ prior written approval.
Appears in 1 contract
