Agreed Accounting Principles definition

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.
Agreed Accounting Principles means GAAP using the same accounting methods, policies, practices, procedures, classifications, judgments or estimation methodologies used in the Latest Balance Sheet.
Agreed Accounting Principles means the generally accepted accounting principles used in the preparation of the Balance Sheet.

Examples of Agreed Accounting Principles in a sentence

  • Seller will deliver with the Estimated Closing Balance Sheet (A) a statement setting forth Seller’s calculation of the Closing Working Capital based on the Estimated Closing Balance Sheet and reflecting the exclusion of the Excluded Assets and Excluded Liabilities (the “Estimated Closing Working Capital”) and (B) a certification of each of Seller’s chief executive officer and chief operating officer that the Estimated Closing Balance Sheet was prepared in accordance with the Agreed Accounting Principles.


More Definitions of Agreed Accounting Principles

Agreed Accounting Principles means (a) the accounting principles, policies, procedures and methodologies described on Schedule 1.1(a) and (b) to the extent not inconsistent with clause (a), the accounting principles, policies, procedures and methodologies used in the preparation of the Historical Financial Statements.
Agreed Accounting Principles means the accounting principles, policies, treatments, categorizations, practices, methods, bases and estimates set forth on Exhibit D.
Agreed Accounting Principles means GAAP.
Agreed Accounting Principles means generally accepted accounting principles consistently applied, provided 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 applied in the preparation of the Balance Sheet; and 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.
Agreed Accounting Principles means GAAP, incorporating the Company Entitiespast practices, principles, policies and procedures used in the preparation of the Historical Audited Financial Statements (so long as such practices, principles, policies and procedures comply with GAAP), in each case consistently applied.
Agreed Accounting Principles means GAAP principles consistently applied (and, with respect to any matter as to which there is more than one GAAP principle, as applied in the preparation of the Balance Sheet), with such exceptions as are set forth on Schedule 5.4.
Agreed Accounting Principles means GAAP, subject to the accounting methods, policies, principles, practices and procedures set forth in Exhibit A hereto, using the same accounting methods, policies, principles, practices and procedures, as were used in the preparation of the most recent select balance sheet accounts of the Company; provided that in the event of a conflict between GAAP, on the one hand, and the accounting methods, policies, principles, practices, procedures, classifications, judgments and estimation methodology used in the preparation of the most recent balance sheet of the Company, on the other hand, the terms of Exhibit A and the accounting methods, policies, principles, practices, procedures, classifications, judgments and estimation methodology used in the preparation of the most recent balance sheet of the Company shall apply.