Adjusted Accounting Principles definition

Adjusted Accounting Principles means the Accounting Principles without taking into account IFRS 16 lease items.
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Adjusted Accounting Principles means (i) the principles, policies and procedures set forth in Schedule 1.04, including the example calculation set forth therein, (ii) to the extent not inconsistent with the foregoing clause (i), GAAP, and (iii) to the extent not inconsistent with the foregoing clause (i) or (ii), the principles, policies, procedures, categorizations, assumptions, techniques and estimation methods with respect to financial statements, their classification or presentation or otherwise (including with respect to the nature of accounts, level of reserves or level of accruals) adopted in connection with the Audited Financial Statements. For the avoidance of doubt, the Adjusted Accounting Principles shall not include any changes in assets or liabilities as a result of purchase price accounting adjustments or other changes arising from or resulting as a consequence of the transactions contemplated by this Agreement.
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Adjusted Accounting Principles means (i) the principles, policies and procedures set forth in Schedule 2.04, whether or not used by the Company historically or in the Financial Statements, and whether or not in accordance with IFRS, (ii) with respect to any matter not covered by clause (i) above, the accounting principles, policies and practices used by the Company historically, whether or not in accordance with IFRS, and (iii) with respect to any matter not covered by clause (i) or (ii) above, IFRS; provided, however, that (A) no “subsequent event” occurring after the Closing Date shall be taken into account, even if otherwise required by clause (ii) or (iii) above, and (B) no change shall be made in any reserve, accrual or other account existing as of the date of the Financial Statements, nor shall any new reserve, accrual or other amount be included in current liabilities, in either case as a result of events occurring, or information becoming available, after the Closing Date, even if otherwise required by clause (ii) or (iii) above. The Adjustment Amount shall be determined for all the JV Entities on a consolidated basis, taking into account the JV Transfers and the other Restructuring.
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Examples of Adjusted Accounting Principles in a sentence

  • The Net Interest Bearing Debt shall be measured on the relevant testing date so determined, but include the new Financial Indebtedness calculated in accordance with the Adjusted Accounting Principles less any Financial Indebtedness refinanced in immediate connection with the incurrence of the new Financial Indebtedness and taking into account any Equity Adjustment (however, any cash balance resulting from the incurrence of the new Financial Indebtedness shall not reduce the Net Interest Bearing Debt).

  • Whenever financial statements are required to be prepared or delivered hereunder in accordance with Adjusted Accounting Principles, such financial statements need not include footnotes and other disclosures that would otherwise be required by GAAP in respect of financial statements including Starpower as a consolidated Subsidiary of the Company.

  • The Financial Statements reflect, in accordance with the Adjusted Accounting Principles (as applicable), an adequate reserve for all Taxes payable by or with respect to each of the Company and the Subsidiaries (as applicable) for all taxable periods (and portions thereof) through the date of such statements.

  • The Pre-Closing Statement reflects all liabilities of the LAI Companies required by GAAP applied on a consistent basis (as modified by the Adjusted Accounting Principles) to be reflected on LAI's consolidated financial statements, except for the accounts excluded by Exhibit C-2.

  • The scope of the disputes to be resolved by the Accounting Firm shall be limited to whether there were mathematical errors in the Statement or whether the Statement was prepared in accordance with the Adjusted Accounting Principles with respect to the matters submitted for resolution to the Accounting Firm.


More Definitions of Adjusted Accounting Principles

Adjusted Accounting Principles has the meaning set forth in SECTION 2.3(a)(i)
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Adjusted Accounting Principles means (i) the principles, policies and procedures set forth in Schedule 2.04(b) and (ii) with respect to any matter not covered by clause (i) above, the principles, policies and procedures applied in connection with the preparation of the 2016 Financial Statements.
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Adjusted Accounting Principles means, subject to the provisions of ------------------------------ Section 1.04, a modification of generally accepted accounting principles in the United States of America such that, for all purposes of this Agreement including the financial covenants herein, Starpower and its consolidated subsidiaries will be accounted for as a consolidated Subsidiary of the Company so long as the Company and its Subsidiaries own not less than 50% of the voting power of the outstanding Equity Interests of Starpower.
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Related to Adjusted Accounting Principles

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Generally Accepted Accounting Principles means generally accepted accounting principles, being those principles of accounting set forth in pronouncements of the Financial Accounting Standards Board, the American Institute of Certified Public Accountants or which have other substantial authoritative support and are applicable in the circumstances as of the date of a report.

  • U.S. GAAP means United States generally accepted accounting principles.

  • GAAP means United States generally accepted accounting principles.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • IFRS means International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Australian Accounting Standards means the accounting standards made by the Australian Accounting Standards Board in accordance with section 227 of the Australian Securities and Investments Commission Act 2001 (Cth).

  • Accounting Statement means for each financial year, the following statements, namely-

  • PRC GAAP means the generally accepted accounting principles in the PRC in effect from time to time.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Accounting Standard means GAAP.

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