Common use of Amortization Method Clause in Contracts

Amortization Method. Change the method of amortization of film/television inventory used by any Credit Party if the effect of such change is to reduce the rate at which such costs are or will be amortized unless required to do so by FASB.

Appears in 2 contracts

Sources: Credit Agreement (First Look Studios Inc), Credit, Security, Guaranty and Pledge Agreement (Overseas Filmgroup Inc)