No Change in Accounting Policies Clause Samples
The "No Change in Accounting Policies" clause prohibits a party from altering its established accounting methods or principles during the term of an agreement. In practice, this means that the financial statements and reports provided must consistently follow the same accounting standards as previously used, unless prior written consent is obtained from the other party. This clause ensures consistency and comparability in financial reporting, preventing manipulation or misrepresentation of financial results due to changes in accounting practices.
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No Change in Accounting Policies. Except as required by GAAP, the Company will not, and it will not permit any Subsidiary to, change or introduce any new method of accounting which differs in any substantive respect from the accounting as reflected in the audited financial statements delivered to the Investors hereunder.
No Change in Accounting Policies. The Company shall not make any change (whether or not material) in the Company's accounting procedures, methods, policies or practices or the manner in which the Company maintains its records.
No Change in Accounting Policies. The Company will not change its accounting policies except as authorized by the Majority Holders or required by GAAP.
No Change in Accounting Policies. Other than as set forth in the Company Filings, there has been no change in accounting policies or practices of the Company or any of its Subsidiaries since January 1, 2019.
No Change in Accounting Policies. Neither RoweCom nor NewsEdge may take any action, other than as required by GAAP, to change accounting policies or procedures (including, without limitation, procedures with respect to revenue recognition, capitalization of software development costs, payments of accounts payable and collection of accounts receivable).
No Change in Accounting Policies. The Borrower will not change its accounting policies except as authorized by the Required Lenders or required by GAAP.
No Change in Accounting Policies. Buyer agrees that, until the Final Closing Balance Sheet has been mutually approved by both of the parties and the final Purchase Price adjustment has been determined, Buyer will not take any actions with respect to its accounting books, Records, policies and procedures of the Business which would materially impede the preparation of the Closing Balance Sheet on the basis provided in this Agreement. The provisions of this Section 2.1(f) shall not be deemed to affect in any manner whatsoever the calculations of reserves by the parties pursuant to Section 2.1(d) hereof.