Common use of Compliance with Financial Restrictions Clause in Contracts

Compliance with Financial Restrictions. Compliance with each of the financial ratios and restrictions contained in Section 5 or Supplement A shall, except to the extent otherwise provided herein, be determined in accordance with GAAP consistently followed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Elxsi Corp /De//), Loan and Security Agreement (Elxsi Corp /De//)

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Compliance with Financial Restrictions. Compliance with each of the financial ratios and restrictions contained in Section SECTION 5 or Supplement A shall, except to the extent as otherwise provided herein, be determined in accordance with GAAP GAAP, consistently followed, subject to SECTION 1.2.

Appears in 2 contracts

Samples: Loan and Security Agreement (Unifrax Investment Corp), Loan and Security Agreement (Decrane Aircraft Holdings Inc)

Compliance with Financial Restrictions. Compliance with each of the financial ratios and restrictions contained in Section 5 or Supplement A shall, except to the extent as otherwise provided herein, be determined in accordance with GAAP consistently followed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pioneer East Inc), Loan and Security Agreement (Elxsi Corp /De//)

Compliance with Financial Restrictions. Compliance with each of the financial ratios and restrictions contained in Section 5 or Supplement A shall, except to the extent as otherwise provided herein, be determined in accordance with GAAP consistently followed.

Appears in 1 contract

Samples: Loan and Security Agreement (Pioneer Companies Inc)

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Compliance with Financial Restrictions. Compliance with each of the financial ratios and restrictions contained in Section SECTION 5 or Supplement A shall, except to the extent as otherwise provided herein, be determined in accordance with GAAP consistently followed.

Appears in 1 contract

Samples: Loan and Security Agreement (Rainbow Rentals Inc)

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