Common use of Effect of Change on Financial Tests Clause in Contracts

Effect of Change on Financial Tests. In the event that any such change in policies, practice or procedures would materially affect the computation of any Financial Test, and unless this Agreement is amended to make appropriate modifications to such Financial Test, compliance with all such Financial Test shall be determined on a proforma basis without giving effect to any such change.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (SCC Communications Corp)

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Effect of Change on Financial Tests. In the event that any such change in policies, practice or procedures would materially affect the computation of any Financial Test, and unless this Purchase Agreement is amended to make appropriate modifications to such Financial Test, compliance with all such each Financial Test shall be determined on a proforma basis without giving effect to any such change.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Dpac Technologies Corp)

Effect of Change on Financial Tests. In the event that any such change in policies, practice practices or procedures would materially affect the computation of any Financial Test, and unless this Agreement is amended to make appropriate modifications to such Financial Test, compliance with all such Financial Test Tests shall be determined on a proforma pro forma basis without giving effect to any such change.

Appears in 1 contract

Samples: Security Agreement (Tanknology Nde International Inc)

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Effect of Change on Financial Tests. In the event that any such ----------------------------------- change in policies, practice or procedures would materially affect the computation of any Financial Test, and unless this Agreement is amended to make appropriate modifications to such Financial Test, compliance with all such Financial Test shall be determined on a proforma basis without giving effect to any such change.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Corinthian Colleges Inc)

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