Calculation Principles definition

Calculation Principles means, with respect to calculations under this Indenture for any period, the following principles:

Calculation Principles means for the purpose of the Incurrence Test that:

Calculation Principles means (a) the accounting principles, procedures, policies, practices, estimates, judgments and methods set forth on Exhibit B and (b) to the extent not specified on Exhibit B, GAAP consistent with the principles, procedures, policies, practices, estimates, judgments and methods applied in preparation of the Balance Sheet. Any inconsistency between the principles of presentation in the Balance Sheet and the principles, procedures, policies, practices, estimates, judgments and methods described on Exhibit B shall be resolved in favor of Exhibit B.

Examples of Calculation Principles in a sentence

• The Closing Statement shall be prepared in accordance with the Calculation Principles and the terms hereof.

• The Financial Statements (i) were prepared in accordance with GAAP from the books and records of the Seller and Business and (ii) fairly present, in all material respects, the assets to be sold, the liabilities to be assumed and the revenues and direct expenses of the Business as of the dates and for the periods indicated herein, except as otherwise indicated in the Financial Statements and Calculation Principles.

• The Issuer is preparing to amend its Calculation Principles to IFRS in the near future and in order to cater for these amendments, the Issuer is kindly requesting to amend the Terms and Conditions to include the below proposed amendments.

• For purposes of clarity, a sample of the Final Closing Net Working Capital as of September 30, 2009, as determined in accordance with the Calculation Principles, is set forth in Schedule 2.6(h).

• The items set forth on the Closing Statement shall be prepared in accordance with the Calculation Principles and this Agreement.

More Definitions of Calculation Principles

Calculation Principles shall have the meaning set forth in Section 3.2(g).

Calculation Principles means the principles set forth in Clause 12.3 (Calculation Principles).

Calculation Principles means the principles set forth on Exhibit F.

Calculation Principles means the calculation principles pursuant to which the figures for EBITDA for the Reference Period ending on the last day of the period covered by the most recent Financial Statements shall be used when calculating the Current Market Price pursuant to paragraph (c) of such definition (i.e. other than in connection with an IPO or a Change of Control), but adjusted so that (without double counting):

Calculation Principles means the principles set forth on Exhibit A.

Calculation Principles means the accounting principles set forth on Schedule 1.1A, as applied on a consistent basis by the Sellers.

Calculation Principles means (a) the accounting principles, procedures, policies, practices, estimates, judgments and methods set forth on Exhibit A and (b) to the extent not specified on Exhibit A, GAAP applied consistently with the principles, procedures, policies, practices, estimates, judgments and methods applied in preparation of the Company’s historical financial statements for fiscal year 2017. Any inconsistency between GAAP and/or the principles, procedures, policies, practices, estimates, judgments and methods applied in preparation of the Company’s historical financial statements for fiscal year 2017 and the principles, procedures, policies, practices, estimates, judgments and methods described on Exhibit A shall be resolved in favor of Exhibit A.