Specified Accounting Principles definition

Specified Accounting Principles means GAAP, using the policies, conventions, methodologies and procedures used by the Company in preparing the audited consolidated balance sheet of the Company as of December 31, 2018.

Specified Accounting Principles means the policies, principles, practices and methodologies set forth on Schedule A-1.

Specified Accounting Principles means the Specified Accounting Principles set forth in Exhibit S hereto as the same may be amended in accordance with Article III.

Examples of Specified Accounting Principles in a sentence

• The Closing Statement shall be prepared in a manner consistent with the Specified Accounting Principles and, in the case of Working Capital, the Working Capital Methodology.

• The EMG Financial Statements contain, as of their respective dates adequate reserves for uncollectible accounts in accordance with the Specified Accounting Principles.

• Within twenty (20) Business Days following the end of each of Earnout Period 1 and Earnout Period 2, the Buyer shall prepare and deliver to the Sellers’ Representative a statement of the Receiver Revenue for sales of the Receiver during the applicable earnout period (each such statement an “Earnout Statement”) setting forth in reasonable detail the Receiver Revenue associated with the sales of the Receiver, determined in accordance with the Specified Accounting Principles.

• When we’re calm, we usually breathe softly, gently, calmly…like the wind in this picture.

• The Pro Forma Balance Sheet presents the financial position of the EMG Business and the Retained Business Lines relating to fuel pumps and water pumps in accordance with the Specified Accounting Principles.

More Definitions of Specified Accounting Principles

Specified Accounting Principles means GAAP applied on a basis consistent with the basis on which the Target Financial Statements have been historically prepared.

Specified Accounting Principles means the accounting principles and methods the Company has used to produce the Company’s most recent audited Financial Statements and the illustration set forth on Schedule 2.02(a), in each case to the extent consistent with SFRS.

Specified Accounting Principles has the meaning set forth in Section 1.8(t).

Specified Accounting Principles. Section 3.1(a) “Subsequent Common Consideration” Section 2.5(a)(ii) “Subsequent Option Payment” Section 2.5(b)

Specified Accounting Principles means (i) first the principles, policies and practices set out under the heading “Specified Accounting Principles” in Schedule 3.6; and then (ii) only to the extent not inconsistent with the accounting policies set forth in (i) above, the same accounting principles, policies, practices, treatments, estimation techniques, categorization and management judgments as were used in the preparation of the Interim Balance Sheet, as then applied; and then (iii) only to the extent not inconsistent with the accounting policies in both (i) and (ii) above, US GAAP, consistently applied.

Specified Accounting Principles those policies, conventions, methodologies, classifications and procedures set forth on Exhibit F hereto or, to the extent not covered on Exhibit F, as applied in the preparation of the Financial Information. Exhibit F hereto sets forth an illustrative example of the calculation of the Closing Net Working Capital Amount as of January 31, 2016 using the Specified Accounting Principles.

Specified Accounting Principles means GAAP and the accounting policies, methodologies and principals expressly set forth on Section 1.01(a) of the Disclosure Letter, consistently applied and, otherwise applied in a manner consistent with those used to prepare the Financial Statements as of December 31, 2017; provided, that in the event of an inconsistency between Section 1.01(a) of the Disclosure Letter, GAAP and such Financial Statements, Section 1.01(a) of the Disclosure Letter shall prevail.