Change in Accounting Policies. The Servicer will provide the Administrative Agent (with a copy to the Trustee) with written notice of any material proposed change in its accounting policies (other than due to changes in GAAP) relating to the Collateral or the transactions contemplated by the Transaction Documents within ten Business Days after the chief financial officer (or other individual managing such function) of the Servicer has determined to implement such change.
Appears in 2 contracts
Sources: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Secured Loan and Servicing Agreement (NewStar Financial, Inc.)