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.

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

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

Examples of Applicable Accounting Principles in a sentence

• As used in the Loan Documents and in any certificate, opinion or other document made or delivered pursuant thereto, accounting terms not defined in Section 1.1, and accounting terms partly defined in Section 1.1, to the extent not defined, shall have the respective meanings given to them under Applicable Accounting Principles.

• Subject to Section 1.3, the Borrower will not change or permit any change in the accounting principles applied to it, except as required by Applicable Accounting Principles, if such change would have a Material Adverse Effect.

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

• Any reference in this Agreement to those financial statements shall be construed as a reference to those financial statements as adjusted to reflect the Applicable Accounting Principles.

• The Closing Statement shall be prepared in accordance with the Applicable Accounting Principles.

More Definitions of Applicable Accounting Principles

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

Applicable Accounting Principles means GAAP.

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.

Applicable Accounting Principles means accounting practices prescribed or permitted by the National Association of Insurance Commissioners and, with respect to the Depositor'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.

Applicable Accounting Principles means GAAP and, in the case of the Company, practices and financial reference periods used in the preparation of the Base Case.

Applicable Accounting Principles means GAAP as applied in a manner consistent with the GAAP-compliant methodologies, practices, estimation techniques, classifications, judgments, assumptions and principles used in the preparation of the Transferred Business Summary Financial Statements.

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