Accounting Terms and Practices Sample Clauses

Accounting Terms and Practices. Each accounting term used in this Agreement has the meaning ascribed to it under generally accepted accounting principles in Canada as established in the Canadian Institute of Chartered Accountants Handbook, unless otherwise defined herein. The financial calculations, audits, audit reports and financial statements (and their different items) referred to herein shall be made or prepared in accordance with such accounting principles applied on a consistent basis and in accordance with the normal practice in the industry.
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Accounting Terms and Practices. Unless otherwise provided herein, all accounting terms referred to herein shall be construed in accordance with Canadian GAAP as established from time to time by the Canadian Institute of Chartered Accountants and all financial data submitted pursuant to this Agreement shall be prepared in accordance with such principles, consistently applied except for the absence of footnotes in unaudited statements.
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Accounting Terms and Practices. Unless otherwise provided herein, all accounting terms referred to herein shall be construed in accordance with GAAP on the date any determination or calculation hereunder is made and all financial data submitted pursuant to this Agreement shall be prepared in accordance with such principles.
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Accounting Terms and Practices. 18 1.6 Non-Banking Days............................................18 1.7 References to Time of Day...................................18 1.8 Severability................................................18 1.9 Currency....................................................18 1.10
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Accounting Terms and Practices. 1.2.1 Unless otherwise defined herein, each accounting term used in this Agreement has the meaning ascribed to it under generally accepted accounting principles in effect from time to time in Canada (including the International Financial Reporting Standards) as established, specified and updated in the Canadian Institute of Chartered Accountants Handbook. The financial calculations, audits, audit reports and financial statements (and their different items) referred to herein or pertaining to Xxxxxx'x business shall be made or prepared in accordance with such accounting principles (insofar as applicable) applied on a consistent basis and in accordance with the normal practice in Xxxxxx'x industry.
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Accounting Terms and Practices. 1.2.1 Unless otherwise defined herein, each accounting term used in this Agreement has the meaning ascribed to it under generally accepted accounting principles in effect from time to time in Canada (including the International Financial Reporting Standards) as established, specified and updated in the Canadian Institute of Chartered Accountants Handbook. The financial calculations, audits, audit reports and financial statements (and their different items) referred to herein or pertaining to Saputo's business shall be made or prepared in accordance with such accounting principles (insofar as applicable) applied on a consistent basis and in accordance with the normal practice in Saputo's industry.
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Related to Accounting Terms and Practices

  • Accounting Terms and Principles (a) Except as set forth below, all accounting terms not specifically defined herein shall be construed in conformity with GAAP and all accounting determinations required to be made pursuant hereto shall, unless expressly otherwise provided herein, be made in conformity with GAAP.

  • Accounting Terms; GAAP 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 Borrower notifies the Administrative Agent that the Borrower 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 (or if the Administrative Agent notifies the Borrower that the Required Lenders 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 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. To the extent any change in GAAP affects any computation or determination required to be made pursuant to this Agreement, such computation or determination shall be made as if such change in GAAP had not occurred unless the Borrower and the Bank agree in writing on an adjustment to such computation or determination to account for such change in GAAP.

  • Accounting Terms and Determinations Unless otherwise specified herein, all accounting terms used herein shall be interpreted and all accounting determinations hereunder shall be made in accordance with GAAP.

  • Accounting Terms and Determinations; GAAP 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 Financial Statements except for changes in which Borrower’s independent certified public accountants concur and which are disclosed to Administrative Agent on the next date on which financial statements are required to be delivered to the Lenders pursuant to Section 8.01(a); provided that, unless the Borrower and the Majority Lenders shall otherwise agree in writing, no such change shall modify or affect the manner in which compliance with the covenants contained herein is computed such that all such computations shall be conducted utilizing financial information presented consistently with prior periods.

  • Accounting Terms (a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein.

  • Accounting Terms and Determination Unless otherwise defined or specified herein, all accounting terms used herein shall be interpreted, all accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared, in accordance with GAAP as in effect from time to time, applied on a basis consistent with the most recent audited consolidated financial statement of the Borrower delivered pursuant to Section 5.1(a); provided, that if the Borrower notifies the Administrative Agent that the Borrower wishes to amend any covenant in Article VI to eliminate the effect of any change in GAAP on the operation of such covenant (or if the Administrative Agent notifies the Borrower that the Required Lenders wish to amend Article VI for such purpose), then the Borrower’s compliance with such covenant shall be determined on the basis of GAAP in effect immediately before the relevant change in GAAP became effective, until either such notice is withdrawn or such covenant is amended in a manner satisfactory to the Borrower and the Required Lenders.

  • Accounting Principles, Terms and Determinations All references in this Agreement to "generally accepted accounting principles" shall be deemed to refer to generally accepted accounting principles in effect in the United States at the time of application thereof. 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 unaudited financial statements and certificates and reports as to financial matters required to be furnished hereunder shall be prepared, in accordance with generally accepted accounting principles applied on a basis consistent with the most recent audited financial statements delivered pursuant to clause (ii) of paragraph 5A or, if no such statements have been so delivered, the most recent audited financial statements referred to in clause (i) of paragraph 8B.

  • Accounting Terms; Changes in GAAP (a) All accounting terms not specifically defined in this Agreement shall be construed in accordance with GAAP applied on a consistent basis with those applied in the preparation of the Financial Statements.

  • Definitions and Accounting Terms Section 1.01.

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