Common use of Depreciation Method Clause in Contracts

Depreciation Method. No Credit Party shall, nor shall it permit any of its Subsidiaries to, change its method of calculating depreciation with respect to the preparation of the financial information set forth in the Financial Statements except as required by GAAP, the independent accountants of any Credit Party, the SEC or any other Governmental Authority having jurisdiction over such Credit Parties.

Appears in 2 contracts

Sources: Credit Agreement (Mobile Storage Group Inc), Uk Credit Agreement (Mobile Storage Group Inc)