Applicable Accounting Standard definition

Applicable Accounting Standard means the relevant accounting standard, applicable under Directive 86/635/EEC or under Regulation (EC) No 1606/2002, that applies to the institution;

Applicable Accounting Standard means, IFRS, GAAP, or other accounting or financial reporting standards used by the Company as of the date or for the period at issue.

Applicable Accounting Standard means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

Examples of Applicable Accounting Standard in a sentence

• Maintain proper books of record and account, in which full, true and correct entries in conformity with the Applicable Accounting Standard consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower; and maintain such books of record and account in material conformity with all applicable requirements of any Governmental Authority having regulatory jurisdiction over the Borrower.

• Maintain proper books of record and account, in which full, true and correct entries in conformity with the Applicable Accounting Standard consistently applied shall be made of all financial transactions and matters involving the assets and business of such Loan Party or such Subsidiary, as the case may be.

• Each Loan Party will, and will cause its Subsidiaries to, maintain its financial books and records in accordance with the Applicable Accounting Standard.

• Such financial statements fairly present in all material respects the financial condition, results of operations and cash flows of the Borrower Parent and its consolidated subsidiaries in accordance with the Applicable Accounting Standard as at such date and for such period, subject only to normal year-end audit adjustments and the absence of footnotes.

• Noth- ing contained in these rules shall allow an individual access to any informa- tion compiled in reasonable anticipa- tion of an administrative judicial or civil action or proceeding.

More Definitions of Applicable Accounting Standard

Applicable Accounting Standard means, with respect to any Group Company, the generally accepted accounting principles of the PRC.

Applicable Accounting Standard means an accounting standard as applying under section 334;

Applicable Accounting Standard means (a) with respect to any Person organized in the United States (or any State thereof), GAAP and (b) with respect to any Person not organized in the United States (or any State thereof), generally accepted accounting principles as in effect from time to time in the applicable jurisdiction, including IFRS.

Applicable Accounting Standard means an accounting standard as applying under section 334 (Requirements applying to accounts and group accounts);

Applicable Accounting Standard means the Hong Kong Financial Reporting Standards or other accounting standards adopted by the Company and applied consistently throughout the Financial Statements.

Applicable Accounting Standard means (a) initially, IFRS and (b) at all times following written notice from the Borrower to the Administrative Agent that the Borrower has elected to replace IFRS with GAAP, GAAP.

Applicable Accounting Standard means Accounting Standards for Business Enterprises and other relevant accounting regulations issued by the Ministry of Finance of the PRC and any amendments and modifications thereto.