Accounting Principles and Terms. Except as otherwise provided in this Agreement, (1) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with GAAP, and (2) all accounting terms used in this Agreement shall have the meaning ascribed to such terms by such principles.
Accounting Principles and Terms. Except as otherwise provided in this Agreement: (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with generally accepted accounting principles in effect in the United States (including principles of consolidation where appropriate) applied on a consistent basis; and (b) all accounting terms used in this Agreement shall have the meanings respectively ascribed to such terms by such principles.
Accounting Principles and Terms. Except as otherwise provided in this Agreement: (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with U.S. GAAP applied on a consistent basis; (b) with respect to accounting terms or financial information defined or described in reference to a Person and its Subsidiaries, all such terms and information shall be construed as applying to such Person and its Subsidiaries on a consolidated basis in accordance with U.S. GAAP; (c) all accounting terms used in this Agreement shall have the meanings respectively ascribed to such terms by U.S. GAAP; and (d) whenever it is necessary to convert any amounts in Reais into Dollars such conversion shall be made at the applicable Conversion Rate.
Accounting Principles and Terms. The reference to GAAP or generally accepted accounting principles in this Agreement, and any other accounting terms not specifically defined herein, shall, to the extent not inconsistent with specific definitions herein, be construed in accordance with generally accepted accounting principles in the United States, consistently applied, as such principles are in effect as of the date of this Agreement.
Accounting Principles and Terms. Except as otherwise provided in this Agreement: (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with U.S. GAAP (including principles of consolidation where appropriate) applied on a consistent basis; (b) all accounting terms used in this Agreement shall have the meanings respectively ascribed to such terms by U.S. GAAP.
Accounting Principles and Terms. Except as otherwise provided in this Agreement: (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with U.S. GAAP applied on a consistent basis; (b) with respect to accounting terms or financial information defined or described in reference to a Person and its Subsidiaries, all such terms and information shall be construed as applying to such Person and its Subsidiaries on a consolidated basis in accordance with U.S. GAAP; and (c) all accounting terms used in this Agreement shall have the meanings respectively ascribed to such terms by U.S. GAAP.
Accounting Principles and Terms. Except as otherwise provided in this Agreement: (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Agreement, shall be made or prepared in accordance with GAAP (including, without limitation, principles of consolidation where appropriate) applied on a consistent basis; and (b) all accounting terms used in this Agreement shall have the meanings respectively ascribed to such terms by such principles; provided, however, that if the Company notifies the Administrative Agent that the Company wishes to amend any covenant in Sections 2.5, 8.15 or any related definition as a result of a change in GAAP or its application to an Affiliated Credit Party after the date of this Agreement to eliminate the effect of such change on the operation of such covenant (or if the Administrative Agent notifies the Company that the Required Lenders wish to amend Section 2.5 or Section 8.15 or any related definition for such purpose), then the Company's compliance with such covenant shall be determined on the basis of GAAP and its application in effect immediately before the relevant change in generally accepted accounting principles or their application became effective, until either such notice is withdrawn or such covenant is amended in a manner satisfactory to the Company and the Required Lenders.
Accounting Principles and Terms. Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Company notifies the Agent that the Company requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (including the effects of the application or discontinuance of the application of accounting for the effects of regulation to all or any portion of the Company’s operations), or if the Agent notifies the Company that the Majority Banks request an amendment to any provision hereof for such purpose, regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith.
Accounting Principles and Terms. 22 SECTION 1.04
Accounting Principles and Terms. Except as otherwise provided in this Common Agreement, (a) all computations and determinations as to financial matters, and all financial statements to be delivered under this Common Agreement or any other Financing Document, shall be made or prepared in accordance with the Applicable GAAP, or, with respect to the financial statements of the Borrower and ICA to be delivered pursuant to Section 6.03(a)(iii) only, Mexican GAAP reconciled to U.S. GAAP, (including principles of consolidation where appropriate but excluding footnote disclosure on interim financial statements) and on a consistent basis, and (b) all accounting terms used in this Common Agreement or any other Financing Document shall have the meanings respectively ascribed to such terms by such principles.
