APPLIED ON A CONSISTENT BASIS definition

APPLIED ON A CONSISTENT BASIS or "CONSISTENT BASIS" means, with respect to the Company, except as otherwise herein provided, prepared using the same accounting principles, policies, standards, practices and estimates consistently used by the Company in prior periods and as used in the preparation of the Company's most recent audited financial statements.
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APPLIED ON A CONSISTENT BASIS means, with respect to any Person, prepared using the same accounting principles, policies, standards, practices and estimates used by such Person in prior periods and as used in the preparation of such Person's most recent audited financial statements.
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Examples of APPLIED ON A CONSISTENT BASIS in a sentence

  • THE PROVIDENCE FINANCIALS WILL BE IN ACCORDANCE WITH THE BOOKS AND RECORDS OF PROVIDENCE, COMPLY AS TO FORM IN ALL MATERIAL RESPECTS WITH APPLICABLE ACCOUNTING REQUIREMENTS, HAVE BEEN PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES APPLIED ON A CONSISTENT BASIS DURING THE PERIODS INVOLVED (EXCEPT AS MAY BE INDICATED IN THE NOTES THERETO) AND FAIRLY PRESENT THE FINANCIAL POSITION OF PROVIDENCE AS AT THE DATE THEREOF.

  • ALL ACCOUNTING TERMS NOT SPECIFICALLY OR COMPLETELY DEFINED HEREIN SHALL BE CONSTRUED IN CONFORMITY WITH, AND ALL FINANCIAL DATA (INCLUDING FINANCIAL RATIOS AND OTHER FINANCIAL CALCULATIONS) REQUIRED TO BE SUBMITTED PURSUANT TO THIS AGREEMENT SHALL BE PREPARED IN CONFORMITY WITH, GAAP APPLIED ON A CONSISTENT BASIS, AS IN EFFECT FROM TIME TO TIME, APPLIED IN A MANNER CONSISTENT WITH THAT USED IN PREPARING THE COMPANY'S AUDITED FINANCIAL STATEMENTS, EXCEPT AS OTHERWISE SPECIFICALLY PRESCRIBED HEREIN.

  • THE STATUTORY FINANCIAL STATEMENTS FAIRLY PRESENT THE FINANCIAL POSITION, THE RESULTS OF OPERATIONS, CHANGES IN EQUITY AND CHANGES IN FINANCIAL POSITION OF MCC AS OF AND FOR THE RESPECTIVE DATES AND PERIODS INDICATED THEREIN IN ACCORDANCE WITH SAP APPLIED ON A CONSISTENT BASIS, EXCEPT AS SET FORTH IN THE NOTES THERETO.

  • THE CACHE FINANCIALS ARE IN ACCORDANCE IN ALL MATERIAL RESPECTS WITH THE BOOKS AND RECORDS OF CACHE, HAVE BEEN PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES APPLIED ON A CONSISTENT BASIS DURING THE PERIODS INVOLVED (EXCEPT AS MAY BE INDICATED IN THE NOTES THERETO) AND FAIRLY PRESENT THE FINANCIAL POSITION OF CACHE AS AT THE DATE THEREOF.

  • EXCEPT AS PROVIDED ABOVE, ALL COMPUTATIONS MADE TO DETERMINE COMPLIANCE WITH THE REQUIREMENTS CONTAINED IN THIS PARAGRAPH SHALL BE MADE IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, APPLIED ON A CONSISTENT BASIS, AND CERTIFIED BY BORROWER AS BEING TRUE AND CORRECT.

  • WITH THE EXCEPTION OF INTERIM STATEMENTS, ALL FINANCIAL REPORTS REQUIRED TO BE PROVIDED UNDER THIS AGREEMENT SHALL BE PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, APPLIED ON A CONSISTENT BASIS, AND CERTIFIED BY ▇▇▇▇▇▇▇▇ AS BEING TRUE AND CORRECT.

Related to APPLIED ON A CONSISTENT BASIS

  • Consistent Basis in reference to the application of GAAP means the accounting principles observed in the period referred to are comparable in all material respects to those applied in the preparation of the audited financial statements of the Borrower referred to in Section 6.6(a).

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Applied Realized Loss Amount With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.