Common use of Change in Accounting Clause in Contracts

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).

Appears in 4 contracts

Samples: Credit and Security Agreement (Alpha Teknova, Inc.), Credit and Security Agreement (Alpha Teknova, Inc.), Credit and Security Agreement (Alpha Teknova, Inc.)

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Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (ai) make any significant change in accounting treatment or reporting practices, except as required by GAAP or as otherwise consented to be Agent (bin its reasonable discretion) or (ii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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)Party.

Appears in 4 contracts

Samples: Credit and Security Agreement (Aziyo Biologics, Inc.), Credit and Security Agreement (Aziyo Biologics, Inc.), Credit and Security Agreement (Aziyo Biologics, Inc.)

Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (ai) make any significant change in financial accounting treatment or reporting practices, except as required by GAAP or (bii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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)Party.

Appears in 4 contracts

Samples: Credit and Security Agreement (HTG Molecular Diagnostics, Inc), Credit and Security Agreement (HTG Molecular Diagnostics, Inc), Credit and Security Agreement (Invuity, Inc.)

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 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)Party.

Appears in 4 contracts

Samples: Credit and Security Agreement (Akoya Biosciences, Inc.), Credit and Security Agreement (Akoya Biosciences, Inc.), Credit and Security Agreement (Akoya Biosciences, Inc.)

Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (ai) make any significant change in accounting treatment or reporting practices, except as required permitted by GAAP or (bii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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)Party.

Appears in 4 contracts

Samples: Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.)

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)Party.

Appears in 3 contracts

Samples: Credit and Security Agreement (Paragon 28, Inc.), Credit and Security Agreement (Paragon 28, Inc.), Credit and Security Agreement (TherapeuticsMD, Inc.)

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 required to be GAAP compliant 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)Party.

Appears in 2 contracts

Samples: Credit and Security Agreement (Treace Medical Concepts, Inc.), Credit and Security Agreement (Treace Medical Concepts, Inc.)

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Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, without the prior written consent of Agent, (ai) make any significant change in accounting treatment or reporting practices, except as required by GAAP or (bii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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)Party.

Appears in 2 contracts

Samples: Credit and Security Agreement (Sight Sciences, Inc.), Credit and Security Agreement (Sight Sciences, Inc.)

Change in Accounting. No Borrower shall, and no Borrower shall suffer or permit any of its Subsidiaries to, (ai) make any significant change in accounting treatment or reporting practices, except as required by GAAP or (bii) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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).Party. Article 6 - reserved

Appears in 1 contract

Samples: Credit and Security Agreement (Aptevo Therapeutics Inc.)

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 GAAP, or (b) change the fiscal year or method for determining fiscal quarters of any Credit Party or of any Consolidated 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)Party.

Appears in 1 contract

Samples: Credit and Security Agreement (TELA Bio, Inc.)

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 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).Party. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Akoya Biosciences, Inc.)

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