Applicable Accounting Requirements definition

Applicable Accounting Requirements means generally accepted accounting principles, as in effect from time to time in the United States.

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Applicable Accounting Requirements means generally accepted accounting principles, as in effect from time to time in the United States, or, at the election of the Borrower, the International Financial Reporting Standards promulgated from time to time by the International Accounting Standards Board.

Applicable Accounting Requirements means GAAP, and in respect of Section 3.2 (Upside Sharing), the following (with each element of the Carve-Out Financials specified below being at the Project level using Recipient financial information for the applicable Fiscal Year, unless otherwise specified as being based on Sponsor Guarantor consolidated information): Total Revenue (1) [***]

Examples of Applicable Accounting Requirements in a sentence

Such financial statements have been prepared in all material respects in accordance with Applicable Accounting Requirements consistently applied, subject to normal year-end adjustments and lack of footnotes.
The Borrower shall maintain an accounting and control system, management information system and books of account and other records, which together adequately reflect truly and fairly the financial condition of the Borrower and the results of its operations (including the progress of the Project) in accordance with the Applicable Accounting Requirements, to the extent applicable.
The Borrower shall not change its Fiscal Year or make any other significant change in accounting treatment and reporting practices except as required or permitted by Applicable Accounting Requirements or Applicable Law.
The Borrower shall, and shall cause each Loan Party to, maintain an accounting and control system and books of account and other records, which together adequately reflect truly and fairly the financial condition of the Borrower and such Loan Party and the results of its operations (including the progress of the Project) in accordance in all material respects with the Applicable Accounting Requirements.
The Borrower shall maintain an accounting and control system and books of account and other records, which together adequately reflect truly and fairly the financial condition of the Borrower and the results of its operations (including the progress of the Project) in accordance in all material respects with the Applicable Accounting Requirements.
Such Financial Statements reflect all liabilities or obligations of the Sponsor Guarantor and other information of any nature whatsoever for the period to which such Financial Statements relate that are required to be disclosed in accordance with Applicable Accounting Requirements.
The Sponsor Guarantor shall keep proper records and books of account in which full, true and correct entries in accordance with the Applicable Accounting Requirements and all Applicable Laws in all material respects are made in respect of all dealing and transactions relating to the Project-related business and activities of the Sponsor Guarantor.
The Borrower shall not change its Fiscal Year or make any other significant change in accounting treatment and reporting practices except (a) as required or permitted by Applicable Accounting Requirements and Applicable Law or (b) changes in accounting estimates (e.g. asset useful lives) that would change the Borrower’s projected pre-tax income by less than $10,000,000 in any calendar year.
The Borrower shall not, and shall not permit any Subsidiary to, change its Fiscal Year or make any other significant change in accounting treatment and reporting practices except (a) as required or permitted by Applicable Accounting Requirements and Applicable Law or (b) changes in accounting estimates (e.g. asset useful lives) that would change such Person's projected pre-tax income by less than $10,000,000 in any calendar year.
The Sponsor Guarantor shall file all tax returns required by Applicable Laws to be filed by it and shall pay or cause to be paid on or before the date payment is due (a) all income Taxes required to be paid by it; and (b) all other material Taxes and assessments required to be paid by it (other than those Taxes that it contests in good faith and by appropriate proceedings, for which reserves are established to the extent required by the Applicable Accounting Requirements).

More Definitions of Applicable Accounting Requirements

Applicable Accounting Requirements means: (a) with respect to the Recipient, GAAP; (b) with respect to the Parent, IFRS; and (c) with respect to any other Person, GAAP or IFRS, as the case may be. “Applicable Law” means, with respect to any Person, any constitution, statute, law, rule, regulation, code, ordinance, treaty, judgment, order, land use entitlement, or any published directive, guideline, requirement or other governmental rule or restriction which has the force of law, or any determination or interpretation of any of the foregoing by any Governmental Authority having jurisdiction over or a judicial authority, that is binding on such Person or any of its properties (including, without limitation, the Real Property), whether in effect as of the date of this Agreement or as of any date hereafter. “Applications” has the meaning given to the term in the recitals hereto. “Approved Project Changes” has the meaning given to the term in Section 9.1.4(a) (Approved Project Changes).

Applicable Accounting Requirements means GAAP.

Applicable Accounting Requirements means generally accepted accounting principles, as in effect from time to time in the

Applicable Accounting Requirements means (A) the requirements of, Item 9.01(a) of Form 8-K, the applicable provisions of Regulation S- X, including Rules 2-02 and 3-05(b) thereof, and the relevant interpretations by the staff of the SEC and (B) IFRS without any note or notes reconciling such financial statements of the Group Companies with U.S. GAAP.