Accounting Standards definition

Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

Accounting Standards means generally accepted accounting principles in the United States.

Accounting Standards means, with respect to a Person, generally accepted accounting principles as practiced in the United States or applicable international standards followed by such Person.

Examples of Accounting Standards in a sentence

• Gross Revenues are equal to the Franchisee’s xxxxxxxx for Commercial Solid Waste Collection Services, with no deductions, except for bad debts written off in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board.

• As of January 2007, the City has an obligation to report its unfunded liability for retiree medical benefits, as required by the Governmental Accounting Standards Board.

• For purposes of determining compliance with the financial covenants contained in this Agreement, any election by the Company to measure an item of Indebtedness using fair value (as permitted by Financial Accounting Standards Board Accounting Standards Codification Topic No. 000-00-00 – Fair Value Option, or any similar accounting standard) shall be disregarded and such determination shall be made as if such election had not been made.

More Definitions of Accounting Standards

Accounting Standards with respect to a Party means that such Party shall maintain records and books of accounts in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.

Accounting Standards means generally accepted accounting principles in the United States or PRC, as applicable, applied on a consistent basis.

Accounting Standards means, with respect to ImmunoGen, US GAAP (United States Generally Accepted Accounting Principles) and, with respect to Novartis and its Affiliates, the IFRS (International Financial Reporting Standards), in each case, as generally and consistently applied throughout the Party’s organization. Each Party shall promptly notify the other in the event that it changes the accounting principles pursuant to which its records are maintained, it being understood that only internationally recognized accounting principles may be used (e.g., IFRS, US GAAP, etc).

Accounting Standards means: (a) United States Generally Accepted Accounting Principles (“GAAP”); or (b) to the extent that a Party adopts International Financial Reporting Standards (“IFRS”), IFRS, in either case, consistently applied.

Accounting Standards means, with respect to a Party or its Affiliates or its or their (sub)licensees/Sublicensees, United States generally accepted accounting principles or International Financial Reporting Standards as issued by the International Accounting Standards Board, as applicable, in each case consistently applied.

Accounting Standards means (a) U.S. generally accepted accounting principles or (b) international financial reporting standards; in either case, consistently applied throughout the organization of a Party (or a Related Party, as applicable).

Accounting Standards means, with respect to a Party or its Affiliates, U.S. generally accepted accounting principles (“GAAP”) or International Financial Reporting Standards (“IFRS”), as such Party or its Affiliates uses for its financial reporting obligations, in each case.