Common use of Limitation on Accounting Changes Clause in Contracts

Limitation on Accounting Changes. Holdings will not, and will not permit any of the Restricted Subsidiaries to make or permit any change in accounting policies or reporting practices, without the consent of the Required Lenders, which consent shall not be unreasonably withheld, except subject to Section 1.02 changes that are required or permitted by GAAP.

Appears in 3 contracts

Samples: Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Canada)

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Limitation on Accounting Changes. Holdings will not, and will not permit any of the Restricted Subsidiaries to make or permit any change in accounting policies or reporting practices, without the consent of the Required Lenders, which consent shall not be unreasonably withheld, except subject to Section 1.02 changes that are required or permitted by Canadian GAAP.

Appears in 2 contracts

Samples: Senior Bridge Loan Agreement (Loral Space & Communications Inc.), Bridge Loan Agreement (Loral Space & Communications Inc.)

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Limitation on Accounting Changes. Holdings will not, not and will not cause or permit any of the its Restricted Subsidiaries to make or permit any material change in accounting policies or reporting practices, without the consent of the Required Lenders, which consent shall not be unreasonably withheld, except subject to Section 1.02 changes that are required by GAAP or permitted recommended or required by GAAPits independent public accountants.

Appears in 1 contract

Samples: Assignment and Acceptance (Lindblad Expeditions Holdings, Inc.)

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