Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance with GAAP.
Appears in 30 contracts
Samples: Loan Agreement (Daktronics Inc /Sd/), Credit Agreement (Milastar Corp), Credit Agreement (Easton Southpaw INC)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder (including, without limitation, determination of compliance with financial ratios and restrictions in Articles VIII and IX hereof) shall be made in accordance with GAAP consistently applied. Any reference to "consolidated" financial terms shall be deemed to refer to those financial terms as applied to the Borrower and its Subsidiaries in accordance with GAAP.
Appears in 10 contracts
Samples: Security Agreement (Chronimed Inc), Credit Agreement (Interra Financial Inc), Revolving Credit Agreement (Hach Co)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder (including, without limitation, determination of compliance with financial ratios and restrictions in Articles VIII and IX hereof) shall be made in accordance with GAAP consistently applied. Any reference to “consolidated” financial terms shall be deemed to refer to those financial terms as applied to the Borrower and its Subsidiaries in accordance with GAAP.
Appears in 6 contracts
Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder (including, without limitation, determination of compliance with financial ratios and restrictions in Articles 8 and 9 hereof) shall be made in accordance with GAAPGAAP consistently applied.
Appears in 5 contracts
Samples: Credit Agreement (Vascular Solutions Inc), Discretionary Credit Agreement (Medicalcv Inc), Revolving Credit Agreement (August Technology Corp)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance with GAAPGAAP consistently applied.
Appears in 4 contracts
Samples: Loan Agreement (Talon Real Estate Holding Corp.), October 2004 Credit Agreement (Medicalcv Inc), Credit Agreement (Medicalcv Inc)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance with GAAPGAAP consistently applied for the Borrower as used in the preparation of the Borrower’s financial statements described in Section 7(a)(i).
Appears in 3 contracts
Samples: Loan Agreement (Air T Inc), Loan Agreement (Air T Inc), Second Loan Agreement (Air T Inc)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance conformity with GAAP, as the same may change from time to time.
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (Best Buy Co Inc), Revolving Credit Agreement (Best Buy Co Inc)
Accounting Terms and Calculations. Except as may be expressly provided Unless otherwise defined or specified herein to the contrary hereincontrary, all accounting terms used herein shall be interpreted construed and all accounting determinations hereunder shall be made in accordance with GAAP.
Appears in 2 contracts
Samples: Loan and Security Agreement (Teamstaff Inc), Loan and Security Agreement (Boron Lepore & Associates Inc)
Accounting Terms and Calculations. Except as may be expressly provided Unless otherwise defined or ------------------------------------ specified herein to the contrary hereincontrary, all accounting terms used herein shall be interpreted construed and all accounting determinations hereunder shall be made in accordance with GAAP.
Appears in 1 contract
Samples: Loan and Security Agreement (New Brunswick Scientific Co Inc)
Accounting Terms and Calculations. Except as may be expressly provided to the contrary herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance with GAAPGAAP consistently applied for the Borrower as used in the preparation of the Borrower’s financial statements.
Appears in 1 contract
Samples: Security Agreement (Zap)
