Common use of Fiscal Year and Accounting Method Clause in Contracts

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries to, change its fiscal year or method of accounting, except as permitted by GAAP.

Appears in 14 contracts

Sources: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Laserscope), Convertible Loan Agreement (La Man Corporation)

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit any of its Subsidiaries to, change its fiscal year or method of accounting, except as permitted may be required by GAAP.

Appears in 4 contracts

Sources: Credit Agreement (Northland Cable Properties Six LTD Partnership), Credit Agreement (Northland Cable Television Inc), Credit Agreement (Northland Cable Properties Six LTD Partnership)

Fiscal Year and Accounting Method. (a) Borrower shall not, and shall not permit its Subsidiaries Subsidiaries, if any, to, change its fiscal year or method of accounting, accounting except as permitted by GAAP.

Appears in 3 contracts

Sources: Convertible Debenture Loan Agreement (Topro Inc), Convertible Loan Agreement (Integrated Security Systems Inc), Convertible Loan Agreement (Jakks Pacific Inc)

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries to, change its fiscal year or method of accounting, except as permitted by GAAP.

Appears in 2 contracts

Sources: Convertible Loan Agreement (Caminosoft Corp), Convertible Loan Agreement (Caminosoft Corp)

Fiscal Year and Accounting Method. The Borrower shall not, and shall not permit its the Parent or any of the Restricted Subsidiaries to, change its fiscal year or method of accounting, except as permitted may be required by GAAP.

Appears in 2 contracts

Sources: Credit Agreement (World Access Inc /New/), Credit Agreement (World Access Inc /New/)

Fiscal Year and Accounting Method. Borrower shall not, and shall not permit its Subsidiaries Subsidiaries, if any, to, change its fiscal year or method of accounting, accounting except as permitted by GAAP.

Appears in 2 contracts

Sources: Convertible Debenture Loan Agreement (Packaging Research Corp), Convertible Debenture Loan Agreement (Contour Medical Inc)