Common use of Fiscal Year and Accounting Methods Clause in Contracts

Fiscal Year and Accounting Methods. Borrower shall not, and shall not permit any other Restricted Company to, change its method of accounting, other than immaterial changes in methods or as required by GAAP. Borrower shall not, and shall not permit any other Restricted Company to, change its fiscal year for book accounting purposes, except upon the delivery of written notice to Administrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Centex Corp), Credit Agreement (Centex Development Co Lp), Credit and Reimbursement Agreement (Centex Development Co Lp)

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Fiscal Year and Accounting Methods. Borrower Borrowers shall not, and shall not permit any other Restricted Company to, change its method of accounting, other than immaterial changes in methods or as required by GAAP. Borrower shall not, and shall not permit any other Restricted Company to, change its fiscal year for book or its method of accounting purposes, except upon the delivery of written notice to Administrative Agent(other than changes required or allowed by GAAP).

Appears in 4 contracts

Samples: Credit Agreement (Innkeepers Usa Trust/Fl), Credit Agreement (Innkeepers Usa Trust/Fl), Credit Agreement (Innkeepers Usa Trust/Fl)

Fiscal Year and Accounting Methods. Borrower shall not, and shall not permit any other Restricted Company to, change its method of accounting, other than immaterial changes in methods or as required by GAAP. Borrower shall not, and shall not permit any other Restricted Company to, change its fiscal year for book accounting purposespurposes or its method of accounting, except upon other than (a) immaterial changes in methods or as required by GAAP or (b) in connection with any acquisition permitted under this agreement, such changes to the delivery newly-acquired entity so as to conform its fiscal year and its method of written notice accounting to Administrative Agentthose of the Companies.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

Fiscal Year and Accounting Methods. Borrower shall not, and shall not permit any other Restricted Company to, change its method of accounting, other than immaterial changes in methods or as required by GAAP. Borrower shall not, and shall not permit any other Restricted Company to, change its fiscal year for book accounting purposes, except upon the delivery of written notice to Administrative Agent.. LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT 46

Appears in 1 contract

Samples: And Reimbursement Agreement (Centex Corp)

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Fiscal Year and Accounting Methods. Borrower shall not, and shall not permit any other Restricted Company to, change its method of accounting, other than immaterial changes in methods or as required by GAAP. Borrower shall not, and shall not permit any other Restricted Company to, change its fiscal year for book accounting purposespurposes or its method of accounting, except upon other than (a) immaterial changes in methods or as required by GAAP, or (b) in connection with a Permitted Acquisition, such changes to the delivery newly-acquired entity so as to conform its fiscal year and its method of written notice accounting to Administrative Agentthose of the Companies.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

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