Common use of Fiscal Year and Accounting Methods Clause in Contracts

Fiscal Year and Accounting Methods. No Company may change either its fiscal year for accounting purposes or any material aspect of its method of accounting.

Appears in 10 contracts

Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

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Fiscal Year and Accounting Methods. No Company may change either its fiscal year for accounting purposes or any material aspect of its method of accountingaccounting except to conform any new Subsidiary's accounting methods to Borrower's accounting methods.

Appears in 2 contracts

Samples: Credit Agreement (Pillowtex Corp), Credit Agreement (Teppco Partners Lp)

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