Applicable Accounting Principles definition

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.

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Applicable Accounting Principles means the most recent and up-to-date US GAAP applicable at any relevant time;

Applicable Accounting Principles means accounting practices prescribed or permitted by the National Association of Insurance Commissioners and, with respect to the Company’s subsidiary insurance companies, the applicable insurance department of the state of domicile of such insurance subsidiary, and in each case, applied consistently throughout the periods involved.

Examples of Applicable Accounting Principles in a sentence

• Closing Net Working Capital, Closing Indebtedness and Closing Cash shall be determined in a manner consistent with the definitions set forth herein and calculated in accordance with the Applicable Accounting Principles.

• Estimated Net Working Capital, Estimated Indebtedness and Estimated Cash shall be calculated in accordance with the Applicable Accounting Principles.

• The Independent Accounting Firm’s determination of any disputed items shall be based solely on written materials submitted by OpCo and the Sellers Representative (i.e., not on independent review), the Applicable Accounting Principles, this Agreement and the definitions included herein.

• Each of the Company and its Subsidiaries has adequately reserved in the Financial Statements in accordance with the Applicable Accounting Principles all Taxes (whether or not shown on any Tax Return) that have accrued but are not yet due or payable as of the dates thereof.

More Definitions of Applicable Accounting Principles

Applicable Accounting Principles means accounting principles, concepts, bases and policies generally adopted and accepted in the United States of America consistently applied;

Applicable Accounting Principles has the meaning set forth in Section 2.4(a).

Applicable Accounting Principles means GAAP.

Applicable Accounting Principles means those accounting principles, standards and practices generally accepted in the United Kingdom and the accounting and reporting requirements of the Companies ▇▇▇ ▇▇▇▇, in each case as used in the Original Financial Statements.

Applicable Accounting Principles means GAAP and practices and financial reference periods used in the preparation of the Base Case Model and the Original Financial Statements.

Applicable Accounting Principles means, for any period, the accounting principles applied as provided in Section 1.02.

Applicable Accounting Principles means those accounting principles, standards and practices on which the preparation of the Original Financial Statements was based and those accounting policies which were used in the preparation of those financial statements.