Common use of Change in Accounting Method Clause in Contracts

Change in Accounting Method. The Borrower will not, and will not permit any Subsidiary to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks' prior written approval.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Southern Union Co), Credit Agreement (Southern Union Co), Term Loan Credit Agreement (Southern Union Co)

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Change in Accounting Method. The Borrower will not, and will not permit any Subsidiary to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks' ’ prior written approval.

Appears in 3 contracts

Samples: Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)

Change in Accounting Method. The Borrower will not, --------------------------- and will not permit any Subsidiary to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks' prior written approval.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)

Change in Accounting Method. The Each Borrower will not, and will not permit any Subsidiary Loan Party or any of their Subsidiaries to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority BanksRequired Lenders' prior written approval, except for any changes required by GAAP or applicable law. Each Borrower will not, and will not permit any Loan Party or any of their Subsidiaries to, change its fiscal year.

Appears in 2 contracts

Samples: Credit Agreement (Conns Inc), Credit Agreement (Conns Inc)

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Change in Accounting Method. The Borrower Borrowers will not, and will not permit any Subsidiary of their respective Subsidiaries to, make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method representing any departure from GAAP without the Majority Banks' ’ prior written approval.

Appears in 1 contract

Samples: Pledge Agreement (Southern Union Co)

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