Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax reporting treatment except as required by Applicable Law.
Appears in 5 contracts
Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Loan Party shall permit any of change its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on from December 31, 31 or make any significant change (ia) in accounting treatment and reporting practices except as required by GAAP or (iib) in Tax reporting treatment except as required by Applicable Lawlaw.
Appears in 5 contracts
Samples: Note Purchase Agreement (Digital Ally, Inc.), Note Purchase Agreement (Interactive Strength, Inc.), Note Purchase Agreement (KonaTel, Inc.)
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December March 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax reporting treatment except as required or permitted by Applicable Law.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tel Instrument Electronics Corp), Securities Purchase Agreement (Tel Instrument Electronics Corp)
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party shall permit any of change its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, year-end from February 28 or make any significant change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax tax reporting treatment except as required by Applicable Lawlaw.
Appears in 1 contract
Samples: Credit, Guaranty and Security Agreement (Evergreen International Aviation Inc)
Fiscal Year and Accounting Changes. No Credit Loan Party shall, and no Credit Loan Party shall permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax reporting treatment except as required by Applicable applicable Law.
Appears in 1 contract
Samples: Credit Agreement (Fusion Telecommunications International Inc)
Fiscal Year and Accounting Changes. No Credit Note Party shall, and no Credit Note Party shall permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax reporting treatment except as required by Applicable Law.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Meridian Waste Solutions, Inc.)
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax reporting treatment except as required by Applicable Law.. 68
Appears in 1 contract
Samples: Securities Purchase Agreement
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party shall permit any of change its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31from June 30, 2001 or make any significant change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in Tax tax reporting treatment except as required by Applicable Lawlaw.
Appears in 1 contract
Samples: Revolving Credit, Term Loan, Guaranty and Security Agreement (Us Home & Garden Inc)
Fiscal Year and Accounting Changes. No Credit Party shall, and no Credit Party nor shall it permit any of its Subsidiaries to, directly or indirectly maintain a fiscal year other than a year ending on December 31, or make any change (i) in accounting treatment and reporting practices except as required by GAAP its fiscal year (currently a calendar year) or (ii) in Tax reporting treatment its accounting policies except as required permitted by Applicable LawGAAP.
Appears in 1 contract
