Common use of Records and Books of Account; Changes in GAAP Clause in Contracts

Records and Books of Account; Changes in GAAP. Company shall, and shall cause each of its Subsidiaries to keep adequate records and books of account in conformity with GAAP. Company shall make such valuations of its assets as may be required by the terms of Section 856(c)(5) of the Code. Company shall not, nor shall Company permit any of its Subsidiaries to change its Fiscal Year, nor change its method of financial accounting except in accordance with GAAP. In connection with any such change after the date hereof, Company and Lenders shall negotiate in good faith to make appropriate alterations to the covenants set forth in Section 6.1 hereof, reflecting such change.

Records and Books of Account; Changes in GAAP. Company shall, and shall cause each of its Subsidiaries to keep adequate records and books of account in conformity with GAAP. Company shall make such valuations of its assets as may be required by the terms of Section 856(c)(5) of the Code. Company shall not, nor shall Company permit any of its Subsidiaries to change its Fiscal Year, nor change its method of financial accounting except in accordance with GAAP. In connection with any such change after the date hereof, Company and Lenders shall negotiate in good faith to make appropriate alterations to the covenants set forth in Section SECTION 6.1 hereof, reflecting such change.