Transaction Accounting Principles definition

Transaction Accounting Principles means the accounting principles, policies and methodologies set forth on Exhibit E.

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Transaction Accounting Principles means GAAP applied on a basis consistent with the accounting principles, practices, methodologies and policies used in preparing the Mallinckrodt Balance Sheet, except as otherwise described on Schedule 2.16.

Transaction Accounting Principles means GAAP applied on a basis consistent with the accounting principles, practices, methodologies and policies used in preparing the Varex Balance Sheet.

Examples of Transaction Accounting Principles in a sentence

• Notwithstanding the foregoing, the scope of the disputes to be resolved by the Independent Accounting Firm shall be limited to the disputed line items submitted to the Independent Accounting Firm by Purchaser and Seller and whether any disputed determinations of the Adjustment Amount, Contingent Amount, the AR Adjustment Amount and the Closing Business Indebtedness were properly calculated in accordance with the definitions in this Agreement and the Transaction Accounting Principles.

• The Closing Statement shall set forth the format of the calculations of such amounts in a manner consistent with the Sample Closing Statement and shall be prepared consistent with the definitions in this Agreement and in accordance with the Transaction Accounting Principles.

• The Closing Statement shall set forth the calculations of such amounts in a manner consistent with the definitions set forth in this Agreement and the Transaction Accounting Principles and shall be accompanied by reasonable backup documentation relating to the calculations therein, including each component thereof.

• The Post-Closing Statement shall be prepared in accordance with the definitions set forth in this Agreement and the Transaction Accounting Principles.

• The Post-Closing Statement shall (i) set forth in reasonable detail Purchaser’s good faith calculations of such amounts in a manner consistent with the Sample Closing Statement and shall be prepared consistent with the definitions in this Agreement and in accordance with the Transaction Accounting Principles, and (ii) not reflect any accounting principles, policies, methods, practices, categories, estimates, judgments or assumptions other than the Transaction Accounting Principles.

More Definitions of Transaction Accounting Principles

Transaction Accounting Principles means the methodologies, procedures, judgments, practices, principles and estimates used to compute and prepare the Reference Closing Statement and described in Schedule V.

Transaction Accounting Principles means the principles as set forth on Exhibit G;

Transaction Accounting Principles has the meaning set forth in Section 2.10.

Transaction Accounting Principles means the accounting principles, policies, practices, procedures, categorizations, asset recognition bases, definitions, methods, judgments, estimation methodologies and other methodologies and techniques (including in respect of the exercise of judgment) set forth in Schedule II.

Transaction Accounting Principles means generally accepted accounting principles consistently applied, taking into account (i) the accounting policies within generally accepted accounting principles and (ii) the exceptions to generally accepted accounting principles, in each case, accompanying the Balance Sheets attached as Attachment G.

Transaction Accounting Principles means GAAP excluding liabilities for deferred Taxes and unearned or deferred revenue and as may be specifically provided in the definition of any PP Component with respect to that PP Component only.

Transaction Accounting Principles means the accounting principles, policies and procedures used in preparing the Audited Financial Statements, subject to the adjustments set forth on Exhibit F.