Accounting Protocol definition

Accounting Protocol shall have the meaning given in Clause 7.6(c)(i) (Manuals and Protocols).
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Accounting Protocol means the items set forth on Schedule 1.1A.
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Accounting Protocol means the principles, methodologies and calculations set forth on Schedule A-1 to the Seller Disclosure Schedule.
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Examples of Accounting Protocol in a sentence

  • The Closing Date Inventory Statement shall be prepared in accordance with the Accounting Protocol.

  • If Seller shall have any objections to the Closing Date Inventory Statement, including whether Purchaser has applied the Accounting Protocol in the preparation of the Closing Date Inventory Statement, Seller shall notify Purchaser in writing no later than thirty (30) days after receipt of the Closing Date Inventory Statement, setting forth with reasonable specificity its objections (the “Objections”).

  • The calculation of the Estimated Closing Date Inventory Amount will be prepared in accordance with the Accounting Protocol and will be subject to Purchaser’s written consent, not to be unreasonably withheld, conditioned or delayed.

  • The Closing Date Statement shall be prepared in accordance with the Accounting Protocol.

  • The Closing Date Balance Sheet shall be prepared in accordance with GAAP, consistently applied, subject to the modifications and limitations set forth in the Accounting Protocol and the method of allocation and accrual of Taxes set forth in Section 3.7(c).

  • Exhibit A Determination of Net Working Capital and Accounting Protocol Exhibit B Step Plan Exhibit C Transition Services Agreement Exhibit D Form of Equity Transfer Agreement Schedules and exhibits described in this agreement have been omitted.

  • If Seller shall have any objections to the Closing Date Statement, including whether Purchaser has applied the Accounting Protocol in the preparation of the Closing Date Statement, Seller shall notify Purchaser in writing no later than thirty (30) days after receipt of the Closing Date Statement, setting forth with reasonable specificity its objections (the “Objections”).

  • If Distribution shall have any objections to Buyer's calculation of the Closing Date Working Capital, including whether Buyer has applied GAAP consistent with the past practices of Distribution and in accordance with the Accounting Protocol in the preparation of the Closing Date Balance Sheet, Distribution shall notify Buyer in writing no later than thirty (30) days after delivery of the Closing Date Working Capital calculation setting forth with reasonable specificity its objections (the "OBJECTIONS").


More Definitions of Accounting Protocol

Accounting Protocol means the protocol, set forth on Schedule 1.1A, for determining the Company’s working capital for purposes of Sections 2.4 through 2.6.
Sample 1
Accounting Protocol means the accounting principles, policies, procedures, categorizations, assets recognition bases, definitions, methods, practices and techniques (including in respect of the exercise of management judgment) actually applied in the preparation of the Balance Sheet, as set forth on Schedule A-4. “Accounts Payable” shall have the meaning specified in Section 1.3(b). “Accounts Receivable” shall have the meaning specified in Section 1.2(a)(iii). “Affiliate” shall mean (i) any member of the immediate family (including spouse, brother, sister, descendant, ancestor or in-law) of any officer, director or twenty-five percent (25%) or greater equityholder of a Person, or (ii) any Entity in which a Person or any such family member has a twenty-five percent (25%) or greater interest or is a director, officer, partner or trustee. The term Affiliate shall also include any Entity which controls, is controlled by, or is under common control with any of the individuals or entities described in the preceding sentence provided, however, that, for the purposes of this definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by Contract, or otherwise. “Agreement” shall have the meaning set forth in the Preamble. “Allocation” shall have the meaning set forth in Section 10.1. “Antitrust Laws” shall mean the Xxxxxxx Act, the Xxxxxxx Act, the HSR Act, the Federal Trade Commission Act, and all other federal, state and foreign statutes, rules, regulations, orders, decrees, administrative and judicial doctrines, and other laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition. “Assigned Contracts” shall have the meaning specified in Section 1.1(b). “Assignment Consent” shall have the meaning specified in Section 1.4(a). “Assumed Liabilities” shall mean all liabilities and obligations arising from or relating to the Business, other than the Excluded Liabilities, including (i) all liabilities and obligations of the Selling Parties or their Affiliates, as applicable, under the Assigned Contracts; (ii) all liabilities and obligations under the Non-Assi...
Sample 1
Accounting Protocol means the accounting principles, policies, procedures, categorizations, assets recognition bases, definitions, methods, practices and techniques (including in respect of the exercise of management judgment) actually applied in the preparation of the Balance Sheet, as set forth on Schedule A-4.
Sample 1

Related to Accounting Protocol

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Accounting Information means the annual audited consolidated financial statements or, as the case may be, the quarterly unaudited consolidated financial statements, each in respect of the Borrower and the Group, to be provided by the Borrower to the Agent in accordance with Clause 11.6.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.

  • Benchmarking Report means the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 7;

  • Accounting Authority means the Board of PRASA;

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Accounting Standard means GAAP.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • IFRS means the International Financial Reporting Standards as issued by the International Accounting Standards Board.