Approved Accounting Principles definition

Approved Accounting Principles means US generally accepted accounting principles to the extent applicable to the relevant financial statements.

Approved Accounting Principles means those accounting principles, standards and practices which were used in the Original Financial Statements of the Parent.

Approved Accounting Principles means (a) GAAP or (b) such other consistently applied accounting basis that is acceptable to Administrative Agent.

Examples of Approved Accounting Principles in a sentence

• It is not (and none of its Subsidiaries is) materially overdue in the filing of any Tax returns and is not overdue in the payment of any amount in respect of Tax, unless such payment has been contested in good faith and with due diligence and provided that it maintains adequate reserves in respect of thereof in accordance with the Approved Accounting Principles.

• Financial statements and other information required to be delivered by the Borrowers to the Lenders pursuant to Section 5.01 shall be prepared in accordance with Approved Accounting Principles as in effect at the time of such preparation.

• The work adopted a mixed methods research approach, which employs both quantitative and qualitative research approaches.

• The Borrowers will, and will cause each Borrower to, keep proper books of record and account in which full, true and correct entries in conformity with Approved Accounting Principles and all requirements of law are made of all dealings and transactions in relation to its business and activities.

• The reports and statements provided by Borrower pursuant to this Section 5.1.11(d) may be prepared in accordance with the accounting standards otherwise utilized by Borrower on a consistent basis for interim financial reporting and need not be prepared in accordance with Approved Accounting Principles.

More Definitions of Approved Accounting Principles

Approved Accounting Principles means French gaap and, subject to those principles, the accounting principles, standards and practices on the basis of which the Original Audited Accounts were prepared;

Approved Accounting Principles means GAAP or other sound and generally accepted cash or income tax accounting principles applied on a basis consistent with accounting principles applied in the preparation of financial information and financial statements previously furnished to Lender.

Approved Accounting Principles means Irish gaap and, subject to those principles, the accounting principles, standards and practices on the basis of which the Original Audited Accounts were prepared;

Approved Accounting Principles means UK GAAP.

Approved Accounting Principles means, for the purposes of the preparation and/or audit of any Financial Statements (whether consolidated or unconsolidated) of any member of the Group, accounting principles, standards and practices generally accepted from time to time in the country in which such member is incorporated and approved by the relevant local institute, accounting standards board or other applicable authority;

Approved Accounting Principles means (a) GAAP or (b) such other consistently applied accounting basis that is acceptable to Lender.

Approved Accounting Principles means generally accepted accounting principles and practices in Norway, including the regulations and guidelines of the IFRS, or generally accepted accounting principles and practices in the United States of America, in each case consistently applied.