Relevant Accounting Standard definition

Relevant Accounting Standard means, in relation to any Accounts, any of the following in force on the relevant Balance Sheet Date: any applicable Statement of Standard Accounting Practice, Financial Reporting Standard, Urgent Issues Task Force, Abstract or Statement of Recommended Practice issued by the UK Accounting Standards Board (or any successor body) or any committee of it or body recognised by it;

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Relevant Accounting Standard means, in relation to any person, generally accepted accounting principles in its State of Incorporation or the international financial reporting standards promulgated by the International Accounting Standards Board.

Relevant Accounting Standard means, in relation to the HHL Accounts, the Holdings Accounts or the Completion Net Asset Statement, United Kingdom Generally Accepted Accounting Principles, Statements of Standard Accounting Practice and Financial Reporting Standards in force on the relevant Accounts Date or Completion as the case may be;

Examples of Relevant Accounting Standard in a sentence

• The foregoing restriction shall not apply to any derivative financial instrument and shall not restrict in any way valuations related to hedge accounting under any Relevant Accounting Standard.

• Upon the expiry of any such notice as is referred to in Condition 5(c), the Issuer shall be bound to redeem the Securities in accordance with Condition 5(c) provided that such date for redemption shall be no earlier than the last day before the date on which the Securities must not or must no longer be so recorded as "equity" of the Issuer pursuant to the Relevant Accounting Standard.

• Upon the expiry of any such notice as is referred to in this Condition 8(C), the Issuer shall be bound to redeem the Securities in accordance with this Condition 8(C) provided that such date for redemption shall be no earlier than the last day before the date on which the Securities must not or must no longer be so recorded as “equity” of the Issuer pursuant to the Relevant Accounting Standard.

More Definitions of Relevant Accounting Standard

Relevant Accounting Standard means International Financial Reporting Standards as adopted by the European Union and Part 9 of Book 2 of the Dutch Civil Code; and

Relevant Accounting Standard means, in relation to any Accounts or Management Accounts, German GAAP as required under the German Commercial Code;