Applicable Accounting Principles definition

Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

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Applicable Accounting Principles means the most recent and up-to-date US GAAP applicable at any relevant time;

Applicable Accounting Principles means accounting practices prescribed or permitted by the National Association of Insurance Commissioners and, with respect to the Company’s subsidiary insurance companies, the applicable insurance department of the state of domicile of such insurance subsidiary, and in each case, applied consistently throughout the periods involved.

Examples of Applicable Accounting Principles in a sentence

• Except as otherwise specifically provided herein, (i) all computations made pursuant to this Agreement shall be made in accordance with Applicable Accounting Principles, and (ii) all financial statements shall be prepared in accordance with Applicable Accounting Principles.

• Subject to Section 22.3, the Fund will not change or permit any change in the accounting principles applied to it, except as required by Applicable Accounting Principles, if such change would have a Material Adverse Effect.

• All accounting terms used herein which are not expressly defined in this Agreement have the meanings respectively given to them in accordance with Applicable Accounting Principles.

• The Fund will maintain proper books of record and account in conformity with Applicable Accounting Principles and all applicable requirements of any Governmental Authority having legal or regulatory jurisdiction over the Fund.

More Definitions of Applicable Accounting Principles

Applicable Accounting Principles means accounting principles, concepts, bases and policies generally adopted and accepted in the United States of America consistently applied;

Applicable Accounting Principles has the meaning set forth in Section 2.4(a).

Applicable Accounting Principles means GAAP.

Applicable Accounting Principles means those accounting principles, standards and practices generally accepted in the United Kingdom and the accounting and reporting requirements of the Companies ▇▇▇ ▇▇▇▇, in each case as used in the Original Financial Statements.

Applicable Accounting Principles means GAAP and, in the case of the Company, practices and financial reference periods used in the preparation of the Base Case.

Applicable Accounting Principles means, for any period, the accounting principles applied as provided in Section 1.02.

Applicable Accounting Principles means those accounting principles, standards and practices on which preparation of the Accounting Information is based, which are US GAAP and principles and practices adopted by the Guarantor and its Subsidiaries (including without limitation the Borrower) at the date hereof or at any time thereafter and notified to and accepted by the Lender;