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Relevant GAAP definition

Relevant GAAP means the accounting principles which are adopted by the Company or the New Obligor (as the case may be) for the preparation of the Consolidated Financial Statements under the Financial Instruments and Exchange Act, being one of those generally accepted in Japan or International Financial Reporting Standards (as issued by the International Accounting Standards Board (or its successor) or, if applicable, as adopted or endorsed by the Accounting Standards Board of Japan (or its successor));
Relevant GAAP means such accounting principles which are generally accepted in Korea at the date or time of any computation.
Relevant GAAP means International Financial Reporting Standards or such other international financial reporting standards as may be adopted from time to time by the Guarantor or any other relevant Person.

Examples of Relevant GAAP in a sentence

  • All accounting terms not otherwise defined in this Agreement shall have the meanings assigned to them in accordance with Relevant GAAP (whether or not such is indicated in this Agreement).

  • The Obligor will, and will cause each Reporting Member to, maintain proper books of record and account in conformity with Relevant GAAP and all applicable material requirements of any Governmental Authority having legal or regulatory jurisdiction over the Obligor or such Reporting Member, as the case may be.

  • During any period that compliance with any covenants shall be determined pursuant to Static GAAP, the Obligor shall include relevant reconciliations in reasonable detail between Relevant GAAP and Static GAAP with respect to the applicable covenant compliance calculations contained in each certificate of a Senior Financial Officer delivered pursuant to Section 7.2(a) during such period.

  • Except as otherwise specifically provided herein, all computations made pursuant to this Agreement shall be made in accordance with Relevant GAAP, and all financial statements shall be prepared in accordance with Relevant GAAP, where applicable for special purpose accounts.

  • ITO maintains a standard system of accounting established and administered in accordance with Relevant GAAP.


More Definitions of Relevant GAAP

Relevant GAAP means accounting principles, concepts, bases and policies generally adopted and accepted in the respective jurisdictions in which the Lessee, the Sub-Lessee, the Other Sub-Lessees and the Lessee Parent are required to produce and file accounts from time to time;
Relevant GAAP means such accounting principles which are generally accepted in the jurisdiction of the Relevant Issuer’s or the Guarantor’s incorporation, as applicable.
Relevant GAAP means International Financial Reporting Standards as adopted for use by the State of Kuwait, or such other international financial reporting standards as may be adopted, from time to time by the Guarantor.
Relevant GAAP means, with respect to (i) the FOXTEL Group and each Reporting Member, generally accepted accounting principles, standards and practices as in effect from time to time in Australia, and (ii) with respect to any Person other than the FOXTEL Group and the Reporting Members, generally accepted accounting principles (including any applicable application of International Financial Reporting Standards) as in effect from time to time in the jurisdiction under which such Person prepares its books of account and financial records and statements.
Relevant GAAP means generally accepted accounting principles (i) in the United States of America in relation to the Parent and GE Seaco SRL, and (ii) in the United Kingdom in relation to each other Obligor.
Relevant GAAP means International Financial Reporting Standards (“IFRS”), or if the Company no longer adopts IFRS, the accounting principles adopted by the Company for the preparation of the audited consolidated financial statements of the Company, for the purposes of disclosure in Japan.