Agreed Principles means the Agreed Principles listed on Exhibit 3.
Examples of Agreed Principles in a sentence
Determining what will happen if the meeting does not run smoothly or in keeping with these Agreed Principles.
More Definitions of Agreed Principles
Agreed Principles has the meaning set forth in Section 1.6(a).
Agreed Principles means the terms of Clauses 2.1.1 (Acknowledgements) to 2.1.8 (Acknowledgements) (inclusive);
Agreed Principles. For each Taxable Year: (i) Section 250 of the Code does not apply to the Corporate Taxpayer, (ii) the Corporate Taxpayer is subject to U.S. state and local taxes at a rate equal to the Assumed State Tax Rate, (iii) there does not occur an “ownership change” within the meaning of Section 382 of the Code with respect to any Corporate Taxpayer after the Applicable Date, (iv) the “section 382 limitation” with respect to any ownership change arising as a result of the Restructuring Transactions is increased for any taxable year (and not solely the recognition period) by the recognized built-in gains for such taxable year (all within the meaning of Section 382(h) of the Code), (v) each Corporate Taxpayer will be assumed to utilize the “338 approach” set forth in IRS Notice 2003-65, 2003-2 C.B. 747 (in connection with any “ownership change”), (vi) there are no Disregarded Tax Attributes, (vii) the Corporate Taxpayer does not recognize any gains or losses arising from the sale or exchange of non-amortizable and non-depreciable capital assets for U.S. federal income tax purposes (other than assets that have Covered Tax Basis), (viii) the Corporate Taxpayer does not have any Code Section 163(j) interest expense carryforwards as of the close of the Applicable Date (other than, for the avoidance of doubt, the Covered Tax Basis in a Reference Asset attributable to any basis adjustment to such asset resulting from the application of Section 732 of the Code that (A) is attributable to excess business interest expense described in Section 163(j)(4)(B) of the Code and (B) arises as a result of the Restructuring Transactions) and (ix) no income or gain was recognized by the Corporate Taxpayer in the Restructuring Transactions or in any assets transferred to the Corporate Taxpayer in the Restructuring Transactions.
Agreed Principles means principles used in accordance with GAAP using the same accounting methods, practices, principles, policies and procedures, with consistent classifications, judgments and valuation and estimation methodologies that were used in the preparation of the Audited Statements for the most recent fiscal year end.
Agreed Principles means (a) the policies set out on Schedule 1(b)(i) of the Company Disclosure Schedules; (b) to the extent not inconsistent with clause (a), the accounting principles, methods, policies, procedures, classifications, asset recognition bases, categorizations, assumptions, techniques, and methodologies (including as they relate to the nature of accounts, calculation of reserves or levels of accruals and in respect of the exercise of management judgment) as interpreted and applied in the preparation of the Interim Financial Statements; and (c) to the extent not addressed in clauses (a) and (b), GAAP consistently applied.
Agreed Principles means the accounting principles set forth on Schedule 3.2 or, to the extent not included thereon, the accounting principles, practices and procedures used by the Company in the preparation of the Unaudited Financial Statements.
Agreed Principles has the meaning in Section 4(b)(i) of Exhibit F.