Common use of Accounting Terms and Determinations Clause in Contracts

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 29 contracts

Samples: Credit Agreement (Crimson Exploration Inc.), Subordinate Credit Agreement (Crimson Exploration Inc.), Credit Agreement (Flores & Rucks Inc /De/)

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Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 15 contracts

Samples: Revolving Credit and Term Loan Agreement (Atlas America Inc), Revolving Credit Agreement (Atlas Energy Resources, LLC), Credit Agreement (Callon Petroleum Co)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section SECTION 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Atlas America Inc), Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp), Revolving Credit and Term Loan Agreement (Atlas Pipeline Holdings, L.P.)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 3 contracts

Samples: Credit Agreement (Buckeye GP Holdings L.P.), Credit Agreement (Buckeye Partners L P), Credit Agreement (Crimson Exploration Inc.)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders Lender hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 3 contracts

Samples: Credit Agreement (Midcoast Energy Resources Inc), Credit Agreement (Midland Resources Inc /Tx/), Credit Agreement (Edge Petroleum Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 3 contracts

Samples: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section Sections 7.02 and 8.01 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 2 contracts

Samples: Credit Agreement (Arena Resources Inc), Credit Agreement (Arena Resources Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders Banks hereunder shall be prepared, in accordance with GAAPGAAP as in effect from time to time, applied on a basis consistent with the audited financial statements of the Borrower Company referred to in Section 7.02 (except for changes concurred with by the BorrowerCompany's independent public accountants).

Appears in 2 contracts

Samples: Credit Agreement (Newfield Exploration Co /De/), Credit Agreement (Newfield Exploration Co /De/)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 4.02 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Crimson Exploration Inc.), Second Lien Credit Agreement (Crimson Exploration Inc.)

Accounting Terms and Determinations. Unless Except as otherwise specified expressly provided herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished delivered to the Administrative Agent or and the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis "consistent basis" with those used in the audited preparation of the financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants)SECTION 7.

Appears in 1 contract

Samples: Credit Agreement (Firstmerit Corp /Oh/)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower Obligors referred to in Section 7.02 (except for changes concurred with by the BorrowerParent's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Kelley Oil & Gas Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the BorrowerXxxxxx Xxxxxx Energy Partner's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Energy Partners Lp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).. CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section SECTION 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Callon Petroleum Co)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the U.S. Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the U.S. Borrower referred to in Section 7.02 (except for changes concurred with by the U.S. Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Petrocorp Inc)

Accounting Terms and Determinations. Unless Except as otherwise specified expressly provided herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished delivered to the Agent or and the Lenders Banks hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with those used in the audited preparation of the financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).SECTION 7.2

Appears in 1 contract

Samples: Credit Agreement (Marketing Specialists Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders Lender hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with that used in the audited consolidated financial statements of the Borrower Company and its consolidated Subsidiaries referred to in Section 7.02 8.02 hereof (except for changes concurred with by the BorrowerCompany's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Asm International N V)

Accounting Terms and Determinations. Unless Except as otherwise specified expressly provided herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished delivered to the Agent or and the Lenders Banks hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with those used in the audited preparation of the financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).SECTION 8.2

Appears in 1 contract

Samples: Credit Agreement (Snelling & Snelling Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Collateral Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Term Loan Agreement (Mission Resources Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, prepared in accordance with GAAP, as in effect and applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 Financial Statements (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (New Stat Healthcare Inc)

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Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except 7.02(except for changes concurred with by the Borrower's ’s independent public accountants).. 18

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Atlas Pipeline Partners Lp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the any Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower Financial Statements. Unless otherwise specified, all amounts referred to herein and in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants)other Loan Documents are in Dollars.

Appears in 1 contract

Samples: Global Credit Agreement (Ocean Energy Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 7.07 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Revolving Credit Agreement (Rowan Companies Inc)

Accounting Terms and Determinations. Unless otherwise ----------------------------------- specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all accounting determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders delivered hereunder shall be prepared, prepared in accordance with GAAP, applied GAAP on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with approved by the Borrower's independent public accountants)accountants for a Company) with the most recent audited consolidated financial statements of such Company. ARTICLE 2 THE CREDIT ----------

Appears in 1 contract

Samples: Loan Agreement (Casino America Inc)

Accounting Terms and Determinations. Unless otherwise ----------------------------------- specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all accounting determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders delivered hereunder shall be prepared, prepared in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with in by the BorrowerPrincipal's independent public accountants)) with the most recent audited consolidated financial statements of the Principal and its Consolidated Subsidiaries delivered to EDC.

Appears in 1 contract

Samples: Master Facility Agreement (Nortel Networks Corp)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's ’s independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Isramco Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Administrative Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).

Appears in 1 contract

Samples: Credit Agreement (Callon Petroleum Co)

Accounting Terms and Determinations. Unless Except as otherwise specified expressly provided herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished delivered to the Administrative Agent or and the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis "consistent basis" with those used in the audited preparation of the financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants)SECTION 8.

Appears in 1 contract

Samples: Credit Agreement (Peregrine Systems Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent Administrative Agents or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower Borrowers referred to in Section 7.02 (except for changes concurred with by the such Borrower's independent public accountants).

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Universal Compression Inc)

Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be interpreted, all determinations with respect to accounting matters hereunder shall be made, and all financial statements and certificates and reports as to financial matters required to be furnished to the Agent or the Lenders hereunder shall be prepared, in accordance with GAAP, applied on a basis consistent with the audited financial statements of the Borrower referred to in Section 7.02 (except for changes concurred with by the Borrower's independent public accountants).,

Appears in 1 contract

Samples: Credit Agreement (Buckeye Partners L P)

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