Changes in Accounting. The Borrower will not 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 2 contracts
Samples: Term Loan Agreement (Adcare Health Systems Inc), Term Loan Agreement (Cyanotech Corp)
Changes in Accounting. The Borrower will shall not 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 a Default or an Event of Default or default had such change not taken place.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc), Loan Agreement (Wells Real Estate Investment Trust Inc)
Changes in Accounting. The Borrower will and Guarantor shall not change its methods their method of accounting, accounting unless such change is permitted by GAAP, GAAP and provided provides such change does not have the effect of curing or preventing what would otherwise be an Event of Default or default had if such change had not taken placeplace unless such change is required by GAAP.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bluegreen Corp), Construction Loan and Security Agreement (Bluegreen Corp)
Changes in Accounting. The Borrower will not 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: Term Loan Agreement (Cyanotech Corp)
Changes in Accounting. The Borrower will shall not 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 a Default or an Event of Default or default had such change not taken place.
Appears in 1 contract
Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc)
Changes in Accounting. The Borrower will shall not 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 Default had such change not taken place.
Appears in 1 contract
