No Accounting Changes. Neither the Parent nor any Borrower shall have made any material change in its accounting methods or principles since July 1, 1997.
No Accounting Changes. Xxxxxxx shall not make or permit to be made any change in accounting policies affecting the presentation of financial statements or reporting practices from those employed by it on the Closing Date (an "ACCOUNTING CHANGE"), unless (i) such change is in accordance with GAAP, (ii) such change is disclosed to the Lenders through the Agent or otherwise and (iii) Xxxxxxx provides to the Agent such information as the Agent may reasonably request so that it may assess the impact of such Accounting Change. If any Accounting Change occurs after the Closing Date and such change results in, in the sole judgment of the Agent, a meaningful change in the calculation of any financial covenants or restrictions set forth in this Credit Agreement, then the parties hereto agree to enter into and diligently pursue negotiations to amend the covenants employing financial calculations herein so as to equitably reflect such changes, with the desired result that the criteria for evaluating the financial condition and results of operations of the Borrowers and their Subsidiaries shall be the same after such changes as if such changes had not been made. Until such amendment is made, Xxxxxxx shall continue to deliver the financial statements required by SECTION 7.1 to the Agent without giving effect to such Accounting Change.
No Accounting Changes. The Borrower shall not make or permit, or permit any of its Subsidiaries to make or permit, any change in accounting policies or reporting practices that would be expected to have a Material Adverse Effect, except as required by GAAP.
No Accounting Changes. The Borrower shall not have made any material change in its accounting methods or principles since September 30, 1996.
No Accounting Changes. There has been no change in GAAP or the application thereof since the date of the audited financial statements furnished to the Agent for the Fiscal Year ending [ ], other than as disclosed on Appendix V hereto and a statement of reconciliation conforming the financial statements delivered herewith to GAAP.
No Accounting Changes. The Seller has never agreed to make, nor is required to make, any adjustment under Section 481(a) of the Code (or any corresponding provision of state, local, or foreign income Tax law) by reason of a change in accounting method or otherwise.
No Accounting Changes. Not make any change to the accounting or tax practices followed by any of the Purchased Companies;
No Accounting Changes. The Company has never agreed to make, nor is required to make, any adjustment under Section 481(a) of the Code (or any corresponding provision of state, local, or foreign income Tax law) by reason of a change in accounting method or otherwise in any taxable period beginning before the Closing Date which would be required to be included in income of the Company in a taxable period ending after the Closing Date.
No Accounting Changes. Make any change in its financial accounting methods, practices or procedures.
