Common use of Financial Computations Clause in Contracts

Financial Computations. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made in accordance with accounting principles applied consistently with those applied in the preparation of the Borrower's financial statements dated March 27, 1998, and shall specifically exclude any upward revaluation of assets (other than marketable securities) after that date.

Financial Computations. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made in accordance with accounting principles applied consistently with those applied in the preparation of the Borrower's financial statements dated March 27May 25, 19981993, and shall specifically exclude any upward revaluation of assets (other than marketable securities) after that date.