Common use of Accounting References Clause in Contracts

Accounting References. Where the character or amount of any asset or liability or item of income or expense is required to be determined, or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP except where the application of such principles is inconsistent with, or limited by, the terms of this Agreement.

Appears in 4 contracts

Samples: Investment Agreement (Forbes Medi-Tech Inc.), Share Purchase Agreement (Markwest Hydrocarbon Inc), Agreement (Campbell Resources Inc /New/)

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Accounting References. Where the character or amount of any asset or liability or item of income or expense is required to be determined, or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP except where the application of such principles is inconsistent withGAAP, or limited by, the terms of this Agreementunless expressly stated otherwise.

Appears in 2 contracts

Samples: Power Purchase Agreement, Newfoundland and Labrador Hydro

Accounting References. Where the character or amount of any asset or liability or item of income or expense is required to be determined, determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP generally accepted accounting principles except where the application of such principles is inconsistent with, or limited by, the terms of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Accounting References. Where the character or amount of any asset or liability or item of income or expense is required to be determined, or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP except where the application of such principles is inconsistent withthis Agreement, or limited bywhere this Agreement is not applicable, the terms of this Agreementshall be done in accordance with US GAAP.

Appears in 1 contract

Samples: Joint Development Agreement

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Accounting References. Where the character or amount of any asset or liability or item of income or expense is required to be determined, determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with U.S. GAAP except as otherwise has been disclosed in writing to the Purchaser, as otherwise indicated herein or where the application of such principles is inconsistent with, or limited by, the terms of this Agreement.

Appears in 1 contract

Samples: Share and Loan Purchase Agreement (Gran Tierra Energy Inc.)

Accounting References. Where the character or amount of any asset or asset, liability or item of income or expense is required to be determined, determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP Generally Accepted Accounting Principles except where the application of such principles is inconsistent with, or limited by, the terms of this AgreementAgreement or Applicable Law.

Appears in 1 contract

Samples: Partnership Agreement (Niska GP ULC)

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