Financial Reporting Standards Sample Clauses

Financial Reporting Standards. All accounting and financial terms used herein and the treatment of any accounting matter contemplated herein, unless specifically provided to the contrary, shall be interpreted and applied in accordance with GAAP.

Financial Reporting Standards. 36 10.11 Expenses.....................................................36 10.12 Time.........................................................37 10.13 Notices......................................................37 10.14 Assignment...................................................38 10.15

Financial Reporting Standards. The Owner shall comply with the Uniform Financial Reporting Standards of 24 CFR Part 5, Subpart H, including any changes in the regulation and related Directives. This obligation shall apply during the current term of the HAP contract and for each successive renewal term. This Agreement shall be construed under the laws of the State of insert project location and to the extent inconsistent with the laws of the State of insert project location, the laws of the United States of America. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. This Agreement may be executed in any number of counterparts, each of which shall be considered an original for all purposes; provided, however, that all such counterparts shall together constitute one and the same instrument. The Secretary, by the signature of his authorized representative below, consents to assignment made hereby. Said consent shall be void ab initio if the Secretary determines that Buyer, or any principal or interested party of the Buyer, is debarred, suspended or subject to a limited denial of participation under 24 CFR Part 24, or is listed on the U.S. General Services Administration list of parties excluded from Federal procurement or nonprocurement programs. of Section 8 HAP Contract (03/14) NOTHING in this Agreement shall in anyway impair the HAP Contract or alter, waive, annul, vary or affect any provision, condition, covenant therein, except as herein specifically provided, or affect or impair any rights, powers, or remedies under the HAP Contract, it being the intent of the parties hereto that the terms and conditions of the HAP Contract shall continue in full force and effect except as amended hereby.

Financial Reporting Standards. It has completed its conversion to International Financial Reporting Standards and is in compliance in all Material respects with all public reporting requirements under Applicable Law with respect to disclosing the effects of its conversion.

Financial Reporting Standards. The Beneficiary shall cause NEGK to ensure that the accounts for the Project and its financial statements are prepared and disclosed in accordance with the International Financial Reporting Standards.