Common use of Accounting Changes, Etc Clause in Contracts

Accounting Changes, Etc. Make or permit, or permit any of its Subsidiaries to make or permit, any change in (i) its accounting policies or reporting practices, except (A) as required by generally accepted accounting principles in effect at the time of such change or by applicable Requirements of Law or (B) as the Borrower (in consultation with its independent public accountants) reasonably believes it will be required to adopt under generally accepted accounting principles within the next succeeding 12 months and which would not affect any of the covenants set forth in Section 5.04 (or the computation thereof) or (ii) its Fiscal Year.

Accounting Changes, Etc. Make or permit, or permit any of its Subsidiaries to make or permit, any change in (i) its accounting policies or reporting practices, except (A) as required by 103 -100- generally accepted accounting principles in effect at the time of such change or by applicable Requirements of Law or (B) as the Borrower (in consultation with its independent public accountants) reasonably believes it will be required to adopt under generally accepted accounting principles within the next succeeding 12 months and which would not affect any of the covenants set forth in Section 5.04 (or the computation thereof) or (ii) its Fiscal Year.