Appropriate Accounting Principles definition

Appropriate Accounting Principles means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.
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Appropriate Accounting Principles means (i) the accounting principles, policies, standards, practices and bases (being generally accepted in the United Kingdom), as adopted in the last audited consolidated accounts of Target published prior to 1 February 1998 or (ii) where any change has been agreed under clause 10.3(c), such accounting principles, standards, practices and bases as have been so agreed;
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Appropriate Accounting Principles means (i) generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied, or (ii) international accounting standards adopted by the International Accounting Standards Committee that are applicable to the circumstances as of the date of determination, consistently applied.
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Examples of Appropriate Accounting Principles in a sentence

  • All financial computations required under this Agreement shall be made, and all financial information required under this Agreement shall be prepared, in accordance with Appropriate Accounting Principles.

  • The Borrower will file on a timely basis all federal and other material Tax returns required to be filed, if any, and will pay all federal and other material Taxes due and payable by it and any assessments made against it or any of its property (other than any amount the validity of which is contested in good faith by appropriate proceedings and with respect to which reserves in conformity with Appropriate Accounting Principles are provided on the books of the Borrower).

  • Such financial statements (including the related notes) fairly present the financial condition of the Equityholder as of the respective dates thereof and the results of operations for the periods covered thereby, each in accordance with Appropriate Accounting Principles.

  • The Borrower shall keep proper books of record and account as are necessary to prepare financial statements in accordance with Appropriate Accounting Principles.

  • The Borrower shall cause the Collateral Manager to keep proper books of record and account in which full and correct entries shall be made of all financial transactions and the assets and business of the Collateral Manager in accordance with Appropriate Accounting Principles, maintain and implement administrative and operating procedures, and keep and maintain all documents, books, records and other information necessary or reasonably advisable for the collection of all Collateral Obligations.

  • The Council charged the Membership Committee to examine the opportunities and benefits of institutional membership, focusing on the appropriate roles and benefits of primary contacts, including Fellowship.

  • Borrower shall keep proper books of record and accounts as are necessary to prepare financial statements in accordance with Appropriate Accounting Principles.

  • The Borrower shall keep proper books of record and account as are necessary to prepare financial statements in accordance in all material respects with Appropriate Accounting Principles.

  • Appropriate Accounting Principles SCE&G follows the guidance included in the Accounting Standards Codification (ASC), which includes pronouncements of the authoritative United States accounting guidance bodies, including the Financial Accounting Standards Board (FASB), and Emerging Issues Task Force (EITF).

  • Such financial statements fairly present the financial condition of the Equityholder as of the respective dates thereof and the results of operations for the periods covered thereby, each in accordance with Appropriate Accounting Principles, subject to normal year-end audit adjustments and the absence of footnotes.


More Definitions of Appropriate Accounting Principles

Appropriate Accounting Principles means the accounting principles, policies, standards, practices and bases stated:
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Appropriate Accounting Principles means (i) generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied, or (ii) international accounting standards adopted by the International Accounting Standards Committee that are applicable to the circumstances as of the date of determination, consistently applied. “Bank of America Agreements” means (i) the Bank of America Credit Agreement and/or (ii) the Loan Documents (as such term is defined in the Bank of America Credit Agreement). “Bank of America Credit Agreement” means the Third Amended and Restated Credit Agreement dated as of the Closing Date among FreedomRoads, LLC, as borrower, Bank of America, N.A., as administrative agent, and the lenders and other parties party thereto (after giving effect to any amendment, supplement, restatement, waivers or forbearance as of or following the date hereof). “Borrower” shall have the meaning ascribed to such term in the introductory paragraph hereof. “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the State of New York. “Cash Interest Payment Date” means the last day of each March, June, September and December, beginning March 31, 2010, and the Maturity Date, or if such day is not a Business Day, the next preceding Business Day. “Closing Date” means December 22, 2009. “Commitment” means the obligation of the Lender to make the Loan under this Agreement in an aggregate principal amount not to exceed $10,000,000, in accordance with the terms of this Agreement.
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Appropriate Accounting Principles means (i) the accounting principles, policies, standards, practices and bases stated in the audited consolidated financial statements of the Target Group for the year ending 31 December 1998 (being generally accepted in the United Kingdom or (ii) where any change in (i) has been agreed under clause 10.6(p), such accounting principles, standards, practices and bases as have been so agreed;
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Appropriate Accounting Principles means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. “Board” means the Board of Governors of the Federal Reserve System of the United States of America. “Business Day” means any day other than a Saturday, Sunday, or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the State of New York and, if such day relates to any Loan, means any such day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market. “Change of Control” “Change of Control” means at any time: (i) the Parent ceases to be the ultimate “beneficial owner” (as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of at least 99% of the total voting power of the voting stock of the Borrower; (ii) any Person becomes the beneficial owner of securities of the Parent representing 30% or more of the then outstanding voting stock of the Parent; or (iii) during any period of 24 consecutive months beginning after the date of this Agreement, individuals who at the beginning of such period constitute the Board of Directors of the Parent, together with any new director (other than a director designated by a person who has entered into an agreement with the Parent to effect a transaction described in clause (ii) of this definition) whose election or nomination for election was approved by a vote of at least two- thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute a majority of such Board of Directors of the Parent. Solely for purposes of the definition, “Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Exchange Act as supplemented by Section 13(d)(3) of the Exchange Act; provided, however, that “Person” shall not include (x) the Parent or any Wholly Owned Parent Subsidiary or (y) any Person who, as of the date of this Agreement, was...
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Related to Appropriate Accounting Principles

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • 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.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Accounting Statement means for each financial year, the following statements, namely-

  • GAAP means United States generally accepted accounting principles.

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • IFRS means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to the relevant financial statements delivered under or referred to herein.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • reasonable measures means appropriate measures which are commensurate with the money laundering or terrorism financing risks;