Company Accounting Policies definition

Company Accounting Policies means the accounting principles, practices, policies, procedures, classifications, estimation techniques, judgments and methodologies set forth on Annex 1 hereto.

Company Accounting Policies means the Company’s collective system of accounting policies, procedures, methods, controls and practices applied on a basis consistent with those used in preparation of the Company’s monthly, quarterly and year-end financial statements. For the avoidance of doubt, the Company’s accounting policies are not in accordance with GAAP and, for purposes of illustration, do not include accruals or GAAP adjustments for revenue recognition, deferred revenues, reserves for warranty, bad debts, or inventory obsolescence, vacation pay, sick pay and similar expenses that might be required in preparation of financial statements in accordance with GAAP.

Company Accounting Policies means the accounting procedures and methodologies of the Company in effect as of July 31, 2010 with respect to GAAP and June 30, 2010 with respect to SAP.

Examples of Company Accounting Policies in a sentence

• Based upon such review and other information, the Independent Accountant shall determine the Closing Date Working Capital Amount and the Adjustment Amount Due strictly in accordance with the terms of this Section 1.04 and the Company Accounting Policies (the "Independent Accountant Determination").

• The Company Accounting Policies will be in accordance with the requirements of Government regulations including all Tax legislation.

• The estimate shall be prepared in good faith by the Company and in accordance with this Section 2.9 and GAAP and based on the same accounting principles, policies, practices, procedures, classifications, judgments and estimation methodologies consistent with those used in the preparation of the Company Financial Statements (the “Company Accounting Policies”), but only to the extent such Company Accounting Policies are in accordance with GAAP.

• The value of all inventory items, including finished goods, work-in-process and raw materials, has been recorded on the books of the Company and the Subsidiaries as reflected in the Most Recent Balance Sheet at the lower of cost (FIFO) (determined in accordance with the Company Accounting Policies) or fair market value.

• The Closing Date Balance Sheet and the Parent Proposed Working Capital Amount shall be prepared in accordance with the Company Accounting Policies (to the extent such Company Accounting Policies are in accordance with GAAP) and the Sample Working Capital Schedule.

More Definitions of Company Accounting Policies

Company Accounting Policies means the policies and methodologies set forth on Exhibit E hereto (Seller representing that these were the policies and methodologies that were applied to certain principles of GAAP in connection with the preparation of the Audited Financial Statements as of and for the fiscal year ended December 31, 2002) that, together with the Pro Forma adjustments referred to on Exhibit E hereto will be applied to calculate the Closing Date Working Capital Adjustment in a manner consistent with the manner in which such policies and methodologies were applied to prepare said Audited Financial Statements. For the avoidance of doubt, if, in applying the Company Accounting Policies, a conflict arises between (a) GAAP and the Company's historical accounting policies and methodologies as set forth on Exhibit E hereto, the Company's historical accounting policies and methodologies as so set forth shall prevail or (b) the definitions of Working Capital Assets and Working Capital Liabilities set forth in this Agreement and such definitions set forth in the Company Accounting Policies, such definitions in the Company Accounting Policies shall prevail.

Company Accounting Policies has the meaning set forth in Section 3.7(a) of this Agreement.

Company Accounting Policies means the policies and methodologies set forth on Exhibit D hereto (a) that were applied to certain principles of GAAP in connection with the preparation of the Audited Financial Statements as of and for the fiscal year ended December 31, 2002, and (b) that will be applied to calculate the Closing Date Working Capital Amount in a manner consistent with the manner in which such policies and methodologies were applied to prepare said Audited Financial Statements.

Company Accounting Policies means the accounting methods, practices, principles and policies and estimation methodologies followed by the Company in the preparation of the Financial Statements, all of which accounting methods, practices, principles and policies and estimation methodologies are consistent with GAAP.

Company Accounting Policies has the meaning set forth in Section 2.9(a) of this Agreement.

Company Accounting Policies. 2.06(a) “Company Insurance Policies” 3.19(a) “Company Purchase and Assumption” 2.08 “Company Subsidiary” 3.04(a) “Compensation and Benefit Arrangements” 3.16(a) “Competing Business” 5.08(a)(i) “Confidentiality Agreement” 5.03(a) “Contest” 7.03(b) “CPA Firm” 2.06(c) “Deductible Amount” 9.04(a) “Guaranty” 11.05 “ERISA” 3.16(a) “ERISA Affiliate” 3.16(c) “ERISA Plans” 3.16(b) “Existing Stock” 5.05(b) “Financial Statements” 3.07 “Inactive Subsidiaries” 5.13 “Indemnified Parties” 9.03 “Indemnity Cap” 9.04(a) “Interim Balance Sheet” 3.07 “Legal and Privilege Exceptions” 9.04(b)(ii)(B) “Litigation Control Procedures” 9.04(b)(ii)(C) “Loan Data File” 3.14(e) “Losses” 9.02 “Material Contracts” 3.18(a) “Notice Period” 9.06(b) “PBGC” 3.16(c) “Pension Plan” 3.16(b) “Per Claim Exclusion Amount” 9.04(a) “Permitted Encumbrance” 3.15(a) “Purchase” 2.01 “Purchase Price” 2.02

Company Accounting Policies means the accounting principles, practices, policies, procedures, classifications, estimation techniques, judgments and methodologies set forth in Schedule 1, which Company Accounting Policies were used by the Company in connection with the preparation of the Financial Statements and the Company in connection with the preparation of the Estimated Net Working Capital Statement.