Accounting Principles definition
Examples of Accounting Principles in a sentence
The Estimated Closing Statement is to be prepared in accordance with the terms and definitions in this Agreement, and to the extent applicable the Specific Accounting Policies forming part of the Accounting Principles.
The Independent Accounting Expert shall be instructed to render a written report as to the resolution of the dispute and the resulting computation of the Actual Cash Consideration in accordance with the Accounting Principles and definitions set forth herein.
The Dispute Resolution Firm’s determination shall be based solely on the definitions of Cash, Indebtedness, Net Working Capital and Transaction Expenses contained herein, other applicable definitions and provisions set forth in this Agreement and the Accounting Principles.
Further, the Dispute Resolution Firm’s determination shall be based solely on the submissions by Purchaser and the Equity Holder Representative that are in accordance with the terms and procedures set forth in this Agreement and the Accounting Principles (i.e., not on the basis of an independent review).
Cash, Indebtedness, Net Working Capital and Transaction Expenses shall be determined in accordance with the Accounting Principles and in a manner consistent with the applicable definitions contained in this Agreement.