Common use of Changes in Accounting Clause in Contracts

Changes in Accounting. Change its methods of accounting, unless such change is permitted by GAAP, and provided such change does not have the effect of curing or preventing what would otherwise be an Event of Default or Default had such change not taken place.

Appears in 37 contracts

Samples: Loan Agreement, Loan Agreement (CNL Healthcare Properties II, Inc.), Loan Agreement (CNL Healthcare Trust, Inc.)

AutoNDA by SimpleDocs

Changes in Accounting. Change Change, or suffer, permit, tolerate or allow Operator to change, its methods of accounting, unless such change is permitted by GAAP, and provided such change does is not have for the effect purpose of curing or preventing what would otherwise be an Event of Default or Default had such change not taken place.

Appears in 2 contracts

Samples: Loan Agreement (Lowell Farms Inc.), Loan Agreement

Changes in Accounting. Change its the methods of accountingaccounting of the Borrower, unless such change is permitted by GAAP, GAAP and provided such change does not have the effect of curing or preventing what would otherwise be an Event of Default or Potential Default had such change not taken place.

Appears in 1 contract

Samples: Credit Agreement (Nichols Research Corp /Al/)

Changes in Accounting. Change its Borrower’s methods of accounting, unless such change is permitted by GAAP, and provided such change does not have the effect of curing or preventing what would otherwise be an Event of Default or Default had such change not taken place.

Appears in 1 contract

Samples: Credit Agreement (Interactive Strength, Inc.)

AutoNDA by SimpleDocs

Changes in Accounting. Change its methods of accounting, unless ----------------------- such change is permitted by GAAP, and provided such change does not have the effect of curing or preventing what would otherwise be an Event of Default or Default had such change not taken place.

Appears in 1 contract

Samples: Loan Agreement (Worldwide Medical Corp/Ca/)

Time is Money Join Law Insider Premium to draft better contracts faster.