Common use of Fiscal Year and Accounting Method Clause in Contracts

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries to, change its fiscal year or method of accounting, except as permitted by GAAP.

Appears in 13 contracts

Samples: Convertible Loan Agreement (Obsidian Enterprises Inc), Agreement (La Man Corporation), Loan Agreement (Lifequest Medical Inc)

AutoNDA by SimpleDocs

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit any of its Subsidiaries to, change its fiscal year or method of accounting, except as permitted may be required by GAAP.

Appears in 4 contracts

Samples: Credit Agreement (Northland Cable Television Inc), Credit Agreement (Northland Cable Properties Six LTD Partnership), Credit Agreement (Northland Cable Television Inc)

Fiscal Year and Accounting Method. (a) Borrower shall not, and shall not permit its Subsidiaries Subsidiaries, if any, to, change its fiscal year or method of accounting, accounting except as permitted by GAAP.

Appears in 4 contracts

Samples: Convertible Debenture Loan Agreement (Topro Inc), Convertible Loan Agreement (Integrated Security Systems Inc), Convertible Loan Agreement (Jakks Pacific Inc)

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries to, change its fiscal year or method of accounting, except as permitted by GAAP.

Appears in 2 contracts

Samples: Convertible Loan Agreement (Caminosoft Corp), Convertible Loan Agreement (Caminosoft Corp)

Fiscal Year and Accounting Method. The Borrower shall not, and shall not permit its the Parent or any of the Restricted Subsidiaries to, change its fiscal year or method of accounting, except as permitted may be required by GAAP.

Appears in 2 contracts

Samples: Credit Agreement (World Access Inc /New/), Credit Agreement (World Access Inc /New/)

AutoNDA by SimpleDocs

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries to, change its fiscal year or method of accounting, except as permitted by GAAP.. Section 6.09

Appears in 1 contract

Samples: Loan Agreement (Digital Recorders Inc)

Fiscal Year and Accounting Method. (a) Borrower shall not, and shall not permit its Subsidiaries Subsidiaries, if any, to, change its fiscal year or method of accounting, accounting except as permitted by GAAP. Section 6.09.

Appears in 1 contract

Samples: Convertible Debenture Loan Agreement (Contour Medical Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!