Common use of Certain UCC and Accounting Terms Clause in Contracts

Certain UCC and Accounting Terms. Except as otherwise defined in this Agreement or the Other Agreements, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor (if any) in the Uniform Commercial Code as adopted by the State of Illinois. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning customarily given to them in accordance with GAAP. All financing computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as consistently applied.

Appears in 4 contracts

Samples: Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Taylor Capital Group Inc), Loan Agreement (Kv Pharmaceutical Co /De/)

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Certain UCC and Accounting Terms. Except as otherwise defined in this Agreement or the Other Agreements, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor (if any) in the Uniform Commercial Code as adopted by then in effect in the State of Illinois. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning meanings customarily given to them in accordance with GAAP. All financing computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as consistently applied.

Appears in 2 contracts

Samples: Loan and Security Agreement (Paul Harris Stores Inc), Loan and Security Agreement (Heartland Technology Inc)

Certain UCC and Accounting Terms. Except as otherwise defined -------------------------------- in this Agreement or the Other Agreements, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor (if any) in the Uniform Commercial Code as adopted by the State of Illinois. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning customarily given to them in accordance with GAAP. All financing computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Kv Pharmaceutical Co /De/)

Certain UCC and Accounting Terms. Except as otherwise defined in this Agreement or the Other Agreements, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor (if any) in the Uniform Commercial Code as adopted by then in effect in the State of IllinoisMichigan. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning meanings customarily given to them in accordance with GAAP. All financing computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as consistently applied.

Appears in 1 contract

Samples: Construction Credit Agreement (Capital Automotive Reit)

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Certain UCC and Accounting Terms. Except as otherwise defined in this Agreement or the Other Agreementsother Loan Documents, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor therefore (if any) in the Uniform Commercial Code as adopted by the State of IllinoisUCC. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning customarily given to them in accordance with GAAP. All financing financial computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as GAAP, consistently applied.

Appears in 1 contract

Samples: Loan and Security Agreement (Adcare Health Systems, Inc)

Certain UCC and Accounting Terms. Except as otherwise defined in this Agreement or the Other Agreements, all words, terms and/or phrases used herein and therein shall be defined by the applicable definition therefor (if any) in the Uniform Commercial Code UCC as adopted by then in effect in the State of Illinois. Notwithstanding the foregoing, any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning meanings customarily given to them in accordance with GAAP. All financing computations hereunder shall be computed, unless otherwise specifically provided herein, in accordance with GAAP as consistently applied.

Appears in 1 contract

Samples: Loan and Security Agreement (Prism Financial Corp)

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