Common use of Accounting Method Changes Clause in Contracts

Accounting Method Changes. No member of the Group is required to include in its separate income any material adjustment pursuant to Sections 481 or 263A of the Code (or similar provisions of other law or regulations) by reason of a change in accounting method or otherwise, following the Closing, and the IRS (or any other Governmental Authority) has not proposed, or is considering, any such change in accounting method or other adjustment.]

Accounting Method Changes. No member of the Group is required to include in its separate income any material adjustment pursuant to Sections 481 or 263A of the Code (or similar provisions of other law or regulations) by reason of a change in accounting method or otherwise, following the Closing, and the IRS (or any other Governmental Authority) has not proposed, or is consideringand does not have under consideration, any such change in accounting method or other adjustment.]