Change in Accounting Method. The Borrower will not make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method without prior written notice to the Bank, except for any changes required by GAAP or applicable law. The Borrower will not change its fiscal year.
Appears in 2 contracts
Samples: International Revolving Loan Agreement (Natco Group Inc), Natco Group Inc
Change in Accounting Method. The No Borrower will not shall make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method without the Majority Banks' prior written notice to the Bankapproval which shall not be unreasonably withheld, except for any changes required by GAAP or applicable law. The Borrower will not change its fiscal yearLaw.
Appears in 1 contract
Samples: Revolving Credit Agreement (Cross Continent Auto Retailers Inc M&l)
Change in Accounting Method. The Borrower Borrowers will not make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method without prior written notice to the Bank, except for any changes required by GAAP or applicable law. The Borrower Borrowers will not change its fiscal year.
Appears in 1 contract
Samples: International Revolving Credit Agreement (Natco Group Inc)
Change in Accounting Method. The Borrower will not make any change in the method of computing depreciation for either tax or book purposes or any other material change in accounting method without the Bank's prior written notice to the Bank, except for any changes required by GAAP or applicable law. The Borrower will not change its fiscal yearapproval.
Appears in 1 contract
Samples: Credit Agreement (Fm Properties Inc)
