Method of Accounting; Fiscal Year. Borrowers will not:
(a) change the method of accounting employed in the preparation of any financial statements furnished to Lender under the provisions of Section 6.1.1 (Financial Statements), unless required to conform to GAAP and on the condition that Borrowers’ accountants shall furnish such information as Lender may request to reconcile the changes with Borrowers’ prior financial statements.
(b) change their fiscal year from a year ending on December 31.
Method of Accounting; Fiscal Year. The Borrower agrees that:
(a) it shall not change, or permit any Subsidiary to change, the method of accounting employed in the preparation of any financial statements furnished to the Agent under the provisions of Section 6.1.1 (Financial Statements) of this Agreement, unless required to conform to GAAP and on the condition that the Borrower's accountants shall furnish such information as the Agent may request to reconcile the changes with the Borrower's prior financial statements.
(b) it will not change or permit any Subsidiary to change, its fiscal year from a year ending on or about December 31.
Method of Accounting; Fiscal Year. None of the Borrowers nor any Subsidiary or Affiliate of any of the Borrowers shall (a) change the method of accounting employed in the preparation of the financial statements furnished prior to the date of this Agreement to the Lender, unless required to conform to GAAP and on the condition that the Borrowers' accountants shall furnish such information as the Lender may request to reconcile the changes with the Borrowers' prior financial statements, or (b) change its fiscal year from a year ending on December 31.
Method of Accounting; Fiscal Year. Disposition of Collateral.
Method of Accounting; Fiscal Year. (a) The Borrower shall not change the method of accounting employed in the preparation of any financial statements furnished to the Lender under the provisions of Section (Financial Statements) of this Agreement, unless required to conform to GAAP and on the condition that the Borrower's accountants shall furnish such information as the Lender may request to reconcile the changes with the Borrower's prior financial statements.
(b) The Borrower will not change its fiscal year from a year ending on June 30.
Method of Accounting; Fiscal Year. Each Borrower agrees that:
(a) neither it nor any Subsidiary shall change the method of accounting employed in the preparation of any financial statements furnished to the Agent under the provisions of Section 6.1.1 (Financial Statements) of this Agreement, unless required to conform to GAAP and on the condition that the Borrowers' accountants shall furnish such information as the Agent may request to reconcile the changes with prior financial statements.
(b) without at least thirty (30) days prior written notice to the Agent, it will not change its fiscal year from a year ending on December 31.
Method of Accounting; Fiscal Year. MXL will not:
(a) change the method of accounting employed in the preparation of any financial statements furnished to Lender under the provisions of Section 7.2.1 (Financial Statements), unless required to conform to GAAP and on the condition that MXL shall furnish such information as Lender may request to reconcile the changes with MXL's prior financial statements.
(b) change its fiscal year from a year ending on December 31.
Method of Accounting; Fiscal Year. The books and records of the Company shall be maintained in accordance with federal income tax accounting principles on an accrual basis, and to the extent possible, in accordance with generally accepted accounting principles consistently applied. The Company's fiscal year shall end on December 31 of each calendar year.
Method of Accounting; Fiscal Year. Guarantor will not:
(a) change the method of accounting employed in the preparation of any financial statements furnished to Lender under the provisions of Section 3.1 (Financial Statements), unless required to conform to GAAP and on the condition that Guarantor's accountants shall furnish such information as Lender may request to reconcile the changes with Guarantor's prior financial statements.
(b) change its fiscal year from a year ending on December 31.
Method of Accounting; Fiscal Year. The Borrower agrees that:
(a) it shall not change, or permit any Subsidiary to change, the method of accounting employed in the preparation of any financial statements furnished to the Agent under the provisions of Section 6.1.1 (Financial Statements), unless required to conform to GAAP and on the condition that the Borrower's accountants shall furnish such information as the Agent may request to reconcile the changes with the Borrower's prior financial statements; and
(b) it will not change or permit any Subsidiary to change, its fiscal year from a year ending on or about December 31.
