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.

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

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

Examples of Applicable Accounting Principles in a sentence

• The Closing Statement shall be prepared in accordance with the terms of this Agreement and Applicable Accounting Principles.

• The Closing Statement shall be prepared in good faith in accordance with the Applicable Accounting Principles and the provisions of this Agreement.

• For purposes of facilitating interpretation of this Section 3.2, Schedule 3.2(a)(i)(2) contains an illustrative Closing Working Capital Statement calculating Closing Working Capital as of the Reference Time in accordance with the Applicable Accounting Principles.

• The Independent Accountant will only decide the specific items under dispute by the Parties and its decision for each Disputed Amount must be in accordance with this Section 3.2 and the Applicable Accounting Principles and within the range of values assigned by Buyer and Seller to each such item in the Closing Working Capital Statement and the Statement of Objections, respectively.

• The Financial Statements other than the Historical Balance Sheets present accurately and fairly in all material respects the financial position, assets and liabilities and results of operations of the Business for the respective periods therein (after taking into account the corporate asset and liability allocations described in the Applicable Accounting Principles).

More Definitions of Applicable Accounting Principles

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

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.

Applicable Accounting Principles means GAAP.

Applicable Accounting Principles means GAAP and practices and financial reference periods used in the Original Financial Statements.

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 the preparation of the Original Financial Statements was based and those accounting policies which were used in the preparation of those financial statements.

Applicable Accounting Principles means GAAP and practices and financial reference periods used in the preparation of the Base Case Model and the Original Financial Statements.