Common use of Accounting Changes Clause in Contracts

Accounting Changes. As soon as possible and in any event within two (2) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.

Appears in 14 contracts

Sources: Loan, Security and Collateral Management Agreement (Investcorp Credit Management BDC, Inc.), Loan, Security and Collateral Management Agreement (Willow Tree Capital Corp), Loan and Security Agreement (KKR FS Income Trust)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 14 contracts

Sources: Loan and Security Agreement (Palmer Square Capital BDC Inc.), Loan and Servicing Agreement (Franklin BSP Lending Corp), Loan and Security Agreement (Palmer Square Capital BDC Inc.)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 13 contracts

Sources: Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp), Loan and Security Agreement (Oaktree Specialty Lending Corp)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.Borrower; and

Appears in 11 contracts

Sources: Loan and Security Agreement (CION Investment Corp), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (NMF SLF I, Inc.)

Accounting Changes. As soon as possible practical and in any event within two five (25) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to the loan accounting or revenue recognition.

Appears in 8 contracts

Sources: Credit Agreement (Runway Growth Finance Corp.), Credit Agreement (Runway Growth Finance Corp.), Third Amendment to Credit Agreement (Runway Growth Finance Corp.)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.Borrower; and

Appears in 7 contracts

Sources: Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp), Loan and Security Agreement (New Mountain Finance Corp)

Accounting Changes. As soon as possible practical and in any event within two five (25) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to the loan accounting or revenue recognition.; and

Appears in 6 contracts

Sources: Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.), Credit Agreement (Trinity Capital Inc.)

Accounting Changes. As soon as possible and in any event within two ten (210) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 5 contracts

Sources: Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Kayne Anderson BDC, Inc.), Loan and Security Agreement (Kayne Anderson BDC, Inc.)

Accounting Changes. As soon as possible and in any event within two (2) five Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 4 contracts

Sources: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)

Accounting Changes. As soon as possible and in any event within two five (25) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.

Appears in 4 contracts

Sources: Loan, Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC), Loan, Security and Collateral Management Agreement (Phillip Street Middle Market Lending Fund LLC), Omnibus Amendment to Transaction Documents (Phillip Street Middle Market Lending Fund LLC)

Accounting Changes. As soon as possible and in any event within two ten (210) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 4 contracts

Sources: Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.)

Accounting Changes. As soon as possible practical and in any event within two thirty (230) Business Days days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to the loan accounting or revenue recognition.;

Appears in 3 contracts

Sources: Revolving Credit and Security Agreement (Logan Ridge Finance Corp.), Revolving Credit and Security Agreement (Logan Ridge Finance Corp.), Revolving Credit and Security Agreement (Capitala Finance Corp.)

Accounting Changes. As soon as possible Promptly and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 2 contracts

Sources: Loan and Security Agreement (Stepstone Private Credit Fund LLC), Loan and Security Agreement (Stepstone Private Credit Fund LLC)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after becoming aware of the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionBorrower.

Appears in 2 contracts

Sources: Loan and Servicing Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (North Haven Private Income Fund LLC)

Accounting Changes. As soon as possible Promptly and in any event within two (2) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionrecognition which would result in an exception to GAAP and would affect the reporting required hereunder.

Appears in 2 contracts

Sources: Loan, Security and Collateral Management Agreement (AG Twin Brook Capital Income Fund), Loan, Security and Collateral Management Agreement (AGTB Private BDC)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.Borrower; and (viii)

Appears in 2 contracts

Sources: Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.), Loan and Security Agreement (New Mountain Guardian IV BDC, L.L.C.)

Accounting Changes. As soon as possible and in any event within two (2) three Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionthe Servicer.

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Ares Capital Corp), Sale and Servicing Agreement (Ares Capital Corp)

Accounting Changes. As soon as possible and in any event within Within two (2) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.

Appears in 2 contracts

Sources: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)

Accounting Changes. As soon as possible Promptly, and in any event within two five (25) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognitionrecognition that would affect the reporting required hereunder.

Appears in 1 contract

Sources: Loan, Security and Collateral Management Agreement (First Eagle Credit Opportunities Fund)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.Borrower; and (ix)

Appears in 1 contract

Sources: Loan and Security Agreement (New Mountain Finance Corp)

Accounting Changes. As soon as possible practical and in any event within two five (25) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower Borrowerany Loan Party relating to the loan accounting or revenue recognition.

Appears in 1 contract

Sources: Credit Agreement (Runway Growth Finance Corp.)

Accounting Changes. As soon as possible and in any event within two three (23) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.

Appears in 1 contract

Sources: Loan Agreement (IMH Financial Corp)

Accounting Changes. As soon as possible and in any event within two (2) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.. [Investcorp] Loan and Security Agreement

Appears in 1 contract

Sources: Loan, Security and Collateral Management Agreement (Investcorp Credit Management BDC, Inc.)

Accounting Changes. As soon as possible and in any event within two (2) Business Days after the effective date thereof, notice of any material change in the accounting policies of the Borrower relating to loan accounting or revenue recognition.

Appears in 1 contract

Sources: Loan Agreement (IMH Financial Corp)