Common use of GAAP Clause in Contracts

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 182 contracts

Samples: Loan Agreement (Solitron Devices Inc), Loan Agreement, Credit Agreement

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GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principlesGAAP, consistently applied.

Appears in 10 contracts

Samples: Loan Agreement (DLH Holdings Corp.), Loan and Security Agreement (Kewaunee Scientific Corp /De/), Loan Agreement (Natco Group Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplied or another basis acceptable to the Bank.

Appears in 9 contracts

Samples: Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Tel Instrument Electronics Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Agent or the Banks and all calculations for compliance with financial covenants will be made under using generally accepted accounting principles, principles consistently appliedapplied (“GAAP”).

Appears in 8 contracts

Samples: 364 Day Credit Agreement (3m Co), Five Year Credit Agreement (3m Co), 364 Day Credit Agreement (3m Co)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, GAAP consistently applied.

Appears in 8 contracts

Samples: Commercial Loan Agreement, Commercial Loan Agreement (ICON ECI Fund Sixteen), Commercial Loan Agreement (Icon Eci Fund Fifteen, L.P.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all calculations for compliance with financial covenants will be made under using generally accepted accounting principles, principles consistently appliedapplied ("GAAP").

Appears in 6 contracts

Samples: Credit Agreement (American Caresouce Holdings, Inc.), Credit Agreement (Datalink Corp), Credit Agreement (Winland Electronics Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 5 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (QC Holdings, Inc.), Business Loan Agreement (Hawker Pacific Aerospace)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all calculations for compliance with financial covenants will be made under using generally accepted accounting principles, principles consistently appliedapplied (“GAAP”).

Appears in 4 contracts

Samples: Letter of Credit Agreement (3m Co), Letter of Credit Agreement (3m Co), Letter of Credit Agreement (3m Co)

GAAP. Except as otherwise stated in this Agreement, all financial information Information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 4 contracts

Samples: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Lender and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 3 contracts

Samples: Loan Agreement (Xeta Technologies Inc), Loan and Security Agreement, Loan and Security Agreement (Hypercom Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Agent and all financial covenants will be made under generally accepted accounting principles, principles consistently applied.

Appears in 3 contracts

Samples: Commercial Loan Agreement (Compass Plastics & Technologies Inc), Commercial Loan Agreement (Compass Plastics & Technologies Inc), Commercial Loan Agreement (Titan Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplied (herein, "GAAP").

Appears in 3 contracts

Samples: Business Loan Agreement (Educational Medical Inc), Business Loan Agreement (Educational Medical Inc), Business Loan Agreement (Educational Medical Inc)

GAAP. Except as otherwise stated in this Agreement, all financial ---- information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 2 contracts

Samples: Business Loan Agreement (Kinetics Group Inc), Business Loan Agreement (Impco Technologies Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, principles consistently applied.

Appears in 2 contracts

Samples: Commercial Loan Agreement (Novellus Systems Inc), Commercial Loan Agreement (Novellus Systems Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Lender and all financial covenants will be made under prepared or determined in accordance with generally accepted accounting principles, consistently applied.

Appears in 2 contracts

Samples: Line of Credit, Term Loan and Security Agreement (Meritage Hospitality Group Inc /Mi/), Loan and Security Agreement (Meritage Hospitality Group Inc /Mi/)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Lender and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 2 contracts

Samples: Business Loan Agreement (Futech Toys & Games Inc), Business Loan Agreement (Crop Growers Corp)

GAAP. Except as otherwise stated in this Agreement, all financial and accounting terms are used, all financial information provided to the Bank will be prepared and all financial covenants will be made calculated in accordance with under generally accepted accounting principles, principles consistently applied.

Appears in 2 contracts

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting account principles, consistently applied.

Appears in 2 contracts

Samples: Business Loan Agreement (Lec Technologies Inc), Business Loan Agreement (Mobility Electronics Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Intermountain Community Bancorp)

GAAP. Except as otherwise stated in In this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Business Loan Agreement (Jda Software Group Inc)

GAAP. Except as otherwise stated in this Restated Credit Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Credit Agreement (FFP Partners L P)

GAAP. Except as otherwise stated in this Agreement, all financial ---- information provided to the Bank and all financial covenants will be made under according to generally accepted accounting principles, consistently appliedprinciples applied on a consistent basis.

Appears in 1 contract

Samples: Business Loan Agreement (Aztec Manufacturing Co)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all calculations for compliance with financial covenants will be made under generally accepted accounting principles, using Generally Accepted Accounting Principles consistently appliedapplied ("GAAP").

Appears in 1 contract

Samples: Credit Agreement (Daktronics Inc /Sd/)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, principles consistently appliedapplied ("GAAP").

Appears in 1 contract

Samples: Commercial Loan Agreement (Arlen Corp)

GAAP. Except as otherwise stated in this Agreement, all financial ---- information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, principles consistently applied.

Appears in 1 contract

Samples: Commercial Loan Agreement (Artest Corp)

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GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Agent and Lenders and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplied (herein, "GAAP").

Appears in 1 contract

Samples: Revolving Credit Agreement (Quest Education Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under accounting principles generally accepted accounting principlesin the United States, consistently applied.

Appears in 1 contract

Samples: Business Loan Agreement (Global Vacation Group Inc)

GAAP. Except as otherwise stated in this Agreement, all ---- financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Business Loan Agreement (Prolong International Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under U.S. generally accepted accounting principles, consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Sequa Corp /De/)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied. Except as otherwise stated in this Agreement, all financial covenants will be calculated based on the Borrower's business, excluding personal assets and liabilities.

Appears in 1 contract

Samples: Business Loan Agreement (National Rv Holdings Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank Banks and all calculations for compliance with financial covenants will be made under using generally accepted accounting principles, principles consistently appliedapplied ("GAAP").

Appears in 1 contract

Samples: Credit Agreement (Sportsmans Guide Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principlesprinciples as in effect from time to time in the United States of America, consistently applied.

Appears in 1 contract

Samples: Business Loan Agreement (Excelligence Learning Corp)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplies.

Appears in 1 contract

Samples: Business Loan Agreement (Coffee People Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.applied or another basis acceptable to the Bank. 10.2

Appears in 1 contract

Samples: Real Estate Loan Agreement

GAAP. Except Except, as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplied or another basis acceptable to the Bank.

Appears in 1 contract

Samples: Bridge Loan Agreement (Diversified Restaurant Holdings, Inc.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principlesprinciples (“GAAP”), consistently applied.

Appears in 1 contract

Samples: Loan Agreement (Premier Exhibitions, Inc.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted in accordance with accounting principlesprinciples applied consistently with those applied in the preparation of the Borrower's financial statements dated September 30, consistently applied1995.

Appears in 1 contract

Samples: Loan Agreement (Ico Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedapplied or another basis acceptable to the Bank.

Appears in 1 contract

Samples: Real Estate Loan Agreement (Diversified Restaurant Holdings, Inc.)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made in accordance with accounting principles applied consistently with those applied in the preparation of the Borrower's financial statements dated February 4, 2001, except to the extent changes are required in accordance with generally accepted accounting principles.

Appears in 1 contract

Samples: Business Loan Agreement (Pacific Sunwear of California Inc)

GAAP. Except as otherwise stated in this Loan Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently appliedGenerally Accepted Accounting Principles.

Appears in 1 contract

Samples: Loan Agreement (Immunomedics Inc)

GAAP. Except as otherwise stated in this Agreement, all financial information provided to the Bank and all financial covenants will be made under generally accepted accounting principles, consistently applied.. 9.2

Appears in 1 contract

Samples: Loan Agreement (Pope Resources LTD Partnership)

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