Common use of Accounting Practices Clause in Contracts

Accounting Practices. Make any changes in its accounting methods, practices or procedures or in depreciation or amortization policies, schedules or rates heretofore applied (except as required by GAAP or governmental regulations).

Appears in 13 contracts

Sources: Merger Agreement (Select Bancorp, Inc.), Merger Agreement (New Century Bancorp Inc), Merger Agreement (Waccamaw Bankshares Inc)

Accounting Practices. Make any changes in its accounting methods, practices practices, or procedures or in depreciation or amortization policies, schedules schedules, or rates heretofore applied (except as required by GAAP or governmental regulations).

Appears in 5 contracts

Sources: Merger Agreement (FNB Bancshares Inc /Sc/), Merger Agreement (1st Financial Services CORP), Merger Agreement (AB&T Financial CORP)

Accounting Practices. Make any changes in its accounting methods, -------------------- practices or procedures or in depreciation or amortization policies, schedules or rates heretofore applied (except as required by GAAP or governmental regulations).

Appears in 2 contracts

Sources: Merger Agreement (Carolina Fincorp Inc), Merger Agreement (FNB Corp/Nc)