Use of Accounting Terms. Accounting terms used herein shall have the meanings assigned to them by GAAP applied on a consistent basis by the accounting entity to which they refer.
Use of Accounting Terms. Accounting terms used in such specified agreement will have the meanings assigned to them by GAAP applied on a consistent basis by the accounting entity to which they refer.
Use of Accounting Terms. Except as otherwise provided herein, accounting terms used herein shall be construed, calculations hereunder shall be made and financial data required hereunder shall be prepared, both as to classification of items and as to amounts, in accordance with generally accepted accounting principles.
Use of Accounting Terms. Except as otherwise provided herein, ----------------------- accounting terms used in this Agreement shall be construed, calculations hereunder shall be made, and financial data required hereunder shall be prepared, both as to classification of items and as to amounts, in accordance with generally accepted accounting principles in effect as of the date hereof consistently applied. All statements relating to earnings and expenses shall set forth separately or otherwise identify all extraordinary and non-recurring items.
Use of Accounting Terms. Each accounting term used, but not defined, in this Agreement shall have the meaning ascribed to it in accordance with GAAP.
Use of Accounting Terms. Accounting terms used herein shall be construed, calculations hereunder shall be made and financial data required hereunder shall be prepared, both as to classification of items and as to amounts, in accordance with GAAP as of the date thereof consistently applied, which principles shall be consistent with those used in the preparation of the most recent reviewed financial statements of such Person delivered to the Lender. All statements relating to earnings and expenses shall set forth separately or otherwise identify all extraordinary and nonrecurring items.
Use of Accounting Terms. Accounting terms used herein shall be construed, calculations hereunder shall be made and financial data required hereunder shall be prepared, both as to classification of items and as to amounts, in accordance with generally accepted accounting principles in effect in the United States (except that any reference in this Agreement to generally accepted accounting principles with respect to financial statements of HCL shall be deemed to be references to Israeli generally accepted accounting principles, unless otherwise provided herein) as of the date thereof consistently applied, which principles shall be consistent with those used in the preparation of the most recent reviewed financial statements of such Person delivered to the Bank. All statements relating to earnings and expenses shall set forth separately or otherwise identify all extraordinary and nonrecurring items.
