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 generally accepted accounting principles in the United States, 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 Audited Financial Statements.

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

• The Annual Financial Statements, other than the exclusion of any explanatory footnotes and other presentation items thereon, have been prepared in accordance with the Agreed Accounting Principles applied on a consistent basis throughout the periods covered thereby, present fairly the financial condition of the Company as of such dates and the results of operations of the Company for such periods, and are consistent with the books and records of the Company.

• The Latest Financial Statements have been prepared in accordance with the Agreed Accounting Principles applied on a consistent basis throughout the periods covered thereby, present fairly the financial condition of the Company as of such dates and the results of operations of the Company for such periods, are correct and complete in all material respects and are consistent with the books and records of the Company.

• The Company has no indebtedness, obligations, commitments or liabilities, accrued, absolute, contingent, threatened or otherwise (collectively, the “Liabilities”), of the nature required to be disclosed in a balance sheet prepared in accordance with the Agreed Accounting Principles, except for Liabilities reflected in the Latest Balance Sheet and Liabilities arising in the ordinary course of business since the date of the Latest Balance Sheet.

More Definitions of Agreed Accounting Principles

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 accounting principles, procedures and methodologies set forth on Schedule 1.01(a).

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, as modified by the matters set forth on the attached Accounting Principles Schedule. For further clarification, if alternative methodologies exist for calculating asset and liability balances under GAAP, the methodology employed will be based on the Audited Financial Statements as modified by the Accounting Principles Schedule.

Agreed Accounting Principles means GAAP, as used in the preparation of the Balance Sheet, applied on a consistent basis.

Agreed Accounting Principles means GAAP as used in preparation of the Reference Statement, subject to the deviations from GAAP and the other principles set forth in Schedule 1.1A.

Agreed Accounting Principles means the accounting principles, practices, policies and methodologies set forth on Schedule 1.3 of this Agreement.