Change of Accounting Practices. The Borrower is not to change its present accounting principles or practices in any material respect, except as may be required by changes in GAAP.
Appears in 2 contracts
Samples: Revolving Loan and Security Agreement (Spar Group Inc), Revolving Loan and Security Agreement (Integrated Biopharma Inc)
Change of Accounting Practices. The Borrower is not to change its present accounting principles or practices in any material respect, except as may be required by changes in GAAPgenerally accepted accounting principles.
Appears in 2 contracts
Samples: Secured Revolving Loan Note (Media Sciences International Inc), Revolving Loan and Security Agreement (K Tronik International Corp)
Change of Accounting Practices. The Borrower is not to change its present accounting principles or practices in any material respect, except as may be required by changes in GAAPgenerally accepted accounting principles or as business circumstances, laws or regulations may require.
Appears in 1 contract