Common use of SECTION Accounting Terms and Determinations Clause in Contracts

SECTION Accounting Terms and Determinations. Unless otherwise 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 generally accepted accounting principles as in effect from time to time, applied on a basis consistent (except for changes concurred in by the Borrower's independent public accountants) with the most recent audited consolidated financial statements of the Borrower and its Consolidated Subsidiaries delivered to the Banks.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Duke Energy Corp), Assignment and Assumption Agreement (Duke Energy Corp)

AutoNDA by SimpleDocs

SECTION Accounting Terms and Determinations. Unless otherwise specified or defined herein, all accounting terms used herein shall be interpreted, all accounting determinations and financial covenant determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared prepared, in accordance with generally accepted accounting principles as in effect from time to time, applied on a basis consistent (except for changes concurred in by the Borrower's independent public accountants) with the most recent audited consolidated financial statements of the Borrower and its Consolidated Subsidiaries delivered to the Banks.. II. ARTICLE

Appears in 1 contract

Samples: Credit Agreement (Coors Adolph Co)

AutoNDA by SimpleDocs

SECTION Accounting Terms and Determinations. Unless otherwise 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 generally accepted accounting principles as in effect from time to time, applied on a basis consistent (except for changes concurred in by the Borrower's independent public accountants) with the most recent audited consolidated financial statements of the Borrower and its Consolidated Subsidiaries delivered to the Banks.

Appears in 1 contract

Samples: Credit Agreement (Casino Magic of Louisiana Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!