Common use of Reporting Methodology Clause in Contracts

Reporting Methodology. Without the Agent’s prior written consent thereto, the Borrower shall not amend or modify the methodology employed by the Borrower in preparing its accounting and financial reports relating to the presentation of (i) the delinquency of Vehicle Contracts, (ii) the repossession of Vehicles, and (iii) the charge-off of delinquent Vehicle Contracts from the methodology employed by the Borrower as of the date of this Agreement so as to materially change the consistency of the information with respect to such items, from time to time, provided to Agent.

Appears in 1 contract

Sources: Agented Revolving Credit Agreement (Americas Carmart Inc)

Reporting Methodology. Without the Agent’s 's prior written consent thereto, the Borrower shall not amend or modify the methodology employed by the Borrower in preparing its accounting and financial reports relating to the presentation of (i) the delinquency of Vehicle Contracts, (ii) the repossession of Vehicles, and (iii) the charge-off of delinquent Vehicle Contracts from the methodology employed by the Borrower as of the date of this Agreement Closing Date so as to materially change the consistency of the information with respect to such items, from time to time, provided to Agent.

Appears in 1 contract

Sources: Loan and Security Agreement (Crown Group Inc /Tx/)

Reporting Methodology. Without the Agent’s 's prior written consent thereto, the Borrower shall not amend or modify the methodology employed by the Borrower in preparing its accounting and financial reports relating to the presentation of (i) the delinquency of Vehicle Contracts, (ii) the repossession of Vehicles, and (iii) the charge-off of delinquent Vehicle Contracts from the methodology employed by the Borrower as of the date of this Agreement so as to materially change the consistency of the information with respect to such items, from time to time, provided to Agent.

Appears in 1 contract

Sources: Revolving Credit Agreement (Crown Group Inc /Tx/)