Examples of IFRS in a sentence
REVISION OF ANNUAL CAPS As set out in “Key terms of the Third Renewed Branding Agreement” below, the payment of monthly license fees under the Third Renewed Branding Agreement is calculated on a basis equal to 1.75% of the Company’s consolidated gross monthly revenues (determined in accordance with IFRS).
The Manager shall, in addition to performing its obligations under clause 16, prepare accounts of the Partnership for each Accounting Period in accordance with IFRS Accounting Standards, including a statement of financial position, a statement of profit and loss and other comprehensive income and a statement of cash flows.
In October 2010, the IASB amended IFRS 7, Financial Instruments: Disclosures (“IFRS 7”).
Each Lender and the Administrative Agent hereby acknowledges and agrees that the Borrower and its Subsidiaries may be required to restate historical financial statements as the result of the implementation of changes in GAAP or IFRS, or the respective interpretation thereof, and that such restatements will not result in a Default or Event of Default under the Loan Documents.
Each stock option granted by the Company under the Company's equity incentive plan was granted (i) in accordance with the terms of the Company's equity incentive plan and (ii) with an exercise price at least equal to the fair market value of the Common Shares on the date such stock option would be considered granted under IFRS and applicable law.