Common use of Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement Clause in Contracts

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements and other information furnished to the Note Purchasers pursuant to Section 7.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 2 contracts

Samples: Note Purchase Agreement (Home Products International Inc), Note Purchase Agreement (Home Products International Inc)

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Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements and other information furnished to the Note Purchasers Agent or Lenders pursuant to Section 7.1 4.1 or any other section (unless specifically indicated otherwise) shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 2 contracts

Samples: Credit Agreement (Neff Rental Inc), Credit Agreement (Neff Rental Inc)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms them in conformity with GAAP. Financial statements and other information furnished required to the Note Purchasers be delivered by Company to Lenders pursuant to Section 7.1 5.1(i) shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (Falcon Financial Investment Trust)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements and other information furnished to the Note Purchasers pursuant to Section 7.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Loan Agreement (Equity Inns Inc)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial All financial statements and other information furnished to the Note Purchasers Lender pursuant to Section 7.1 5.7 shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Hydro Inc)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements Statements and other information furnished to the Note Purchasers Agent or Lenders pursuant to Section 7.1 4.1 or any other section (unless specifically indicated otherwise) shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Neff Corp)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms that are defined by GAAP and not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements and other information furnished to the Note Purchasers Agent pursuant to Section 7.1 4.9 or any other section (unless specifically indicated otherwise) shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Credit Agreement (Southern Construction Products Inc)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements and other information furnished to the Note Purchasers pursuant to Section 7.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation.statements

Appears in 1 contract

Samples: Credit Agreement (Portola Packaging Inc)

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Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms them in conformity with GAAP. Financial statements Calculations made in connection with the definitions, covenants and other information furnished provisions of this Agreement shall utilize accounting principles and policies in conformity with those used to prepare the Note Purchasers pursuant to Section 7.1 shall be prepared in accordance with GAAP as in effect at the time of such preparationFinancial Statements.

Appears in 1 contract

Samples: Credit Agreement (Danaher Corp /De/)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial Except as otherwise expressly provided, financial statements and other information furnished to Agents or the Note Purchasers Lenders pursuant to Section 7.1 this Agreement shall be prepared in accordance with GAAP as in effect at the time of such preparation.. No “Accounting Changes” (as defined below) shall affect financial covenants, standards or terms in this Agreement; provided that

Appears in 1 contract

Samples: Credit Agreement

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms them in conformity with GAAP. Financial statements Calculations in connection with the definitions, covenants and other information furnished to the Note Purchasers pursuant to Section 7.1 provisions of this Agreement shall be prepared in accordance with GAAP utilize GAAP, except as in effect at the time of such preparationotherwise expressly set forth herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Foundation Healthcare, Inc.)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms in conformity with GAAP. Financial statements Statements and other information furnished to the Note Purchasers Lender pursuant to Section 7.1 5.1 shall be prepared in accordance with GAAP as in effect at the time of such preparation, except as expressly stated herein otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Realty Trust, Inc.)

Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement. For purposes of Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to such terms them in conformity with GAAP. Financial statements and other information furnished required to the Note Purchasers be delivered by Company to Lender pursuant to Section 7.1 5.1(i) shall be prepared in accordance with GAAP as in effect at the time of such preparation.

Appears in 1 contract

Samples: Junior Subordinated Loan Agreement (Falcon Financial Investment Trust)

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