GAAP Definitions. Accounting terms used herein but not defined herein shall have the meanings ascribed to them under GAAP in effect at the time of the execution of this Agreement.
GAAP Definitions. Accounting terms used herein but not defined herein shall have the meanings ascribed to them under GAAP as in effect from time to time; provided, however, that, if the Borrower notifies the Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith.
GAAP Definitions. Accounting terms used in this Credit Agreement but not defined herein shall have the meanings ascribed to them under GAAP in effect at the time of the execution of this Credit Agreement and shall not include the cumulative effect of accounting changes or accounting principles.
GAAP Definitions. Accounting terms used in this Credit Agreement but not defined herein shall have the meanings ascribed to them under GAAP as in effect from time to time; provided, however, that all accounting terms used in Sections 6.1, 6.3. and 6.4 shall have the meaning given to such terms under GAAP as in effect on the date hereof applied on a basis consistent with those used in preparing the Borrower's historical financial statements. In the event of any change after the date hereof in GAAP, and if such change would result in the inability to determine compliance with the financial covenants set forth in Sections 6.1, 6.3 and 6.4 based upon the Borrower's regularly prepared financial statements by reason of the preceding sentence, then the parties hereto agree to endeavor, in good faith, to agree upon an amendment to this Credit Agreement that would adjust such financial covenants in a manner that would not affect the substance thereof, but would allow compliance therewith to be determined in accordance with the Borrower's financial statements at that time; until this Credit Agreement is so amended, the covenants shall remain as set forth in this Credit Agreement.
