Common use of ACCOUNTING TERMS; UTILIZATION OF GAAP Clause in Contracts

ACCOUNTING TERMS; UTILIZATION OF GAAP. FOR PURPOSES OF CALCULATIONS UNDER ------------------------------------------------------------------------ AGREEMENT. --------- Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company to Lenders pursuant to clauses (i), (ii) and (xii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(iv)). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize accounting principles and policies in conformity with those used to prepare the financial statements referred to in subsection 5.3.

Appears in 2 contracts

Samples: Credit Agreement (Price Communications Wireless Inc), Credit Agreement (Granite Broadcasting Corp)

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ACCOUNTING TERMS; UTILIZATION OF GAAP. FOR PURPOSES OF CALCULATIONS UNDER ------------------------------------------------------------------------ AGREEMENT. --------- Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company to Lenders pursuant to clauses (i), (ii), (iii) and (xiixiii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(iv6.1(v)). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize accounting principles and policies in conformity with those used to prepare the financial statements referred to in subsection 5.3.

Appears in 2 contracts

Samples: Credit Agreement (Afc Enterprises Inc), Credit Agreement (Afc Enterprises Inc)

ACCOUNTING TERMS; UTILIZATION OF GAAP. FOR PURPOSES OF CALCULATIONS UNDER ------------------------------------------------------------------------ AGREEMENTfor Purposes of Calculations --- ------------------------------------------------------------------ Under Agreement. --------- ---------------- Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by Company Borrower to Lenders pursuant to clauses (i), (ii) and or (xiiiii) of subsection 6.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(iv))preparation. Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize accounting principles and policies in conformity with those used to prepare the financial statements referred to in subsection 5.3.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

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ACCOUNTING TERMS; UTILIZATION OF GAAP. FOR PURPOSES OF CALCULATIONS ------------------------------------------------------------------ UNDER ------------------------------------------------------------------------ AGREEMENT. --------- Except as otherwise expressly provided in this Agreement, all --------------- accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements and other information required to be delivered by SGC or Company to Lenders Holders pursuant to clauses (i), (ii) subsections 5.1A and (xii) of subsection 6.1 5.1B shall be prepared in accordance with GAAP as in effect at the time of such preparation (and delivered together with the reconciliation statements provided for in subsection 6.1(iv)5.1D). Calculations in connection with the definitions, covenants and other provisions of this Agreement shall utilize accounting principles and policies in conformity with those used to prepare the financial statements referred to in subsection 5.33.3.

Appears in 1 contract

Samples: Note Purchase Agreement (Santa Fe Gaming Corp)

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