GAAF definition

GAAF means generally accepted accounting principles in the United States of America in effect from time to time. "Governmental Body"" shall mean any nation or government, any state or other political subdivision thereof or any entity exercising the legislative, judicial, regulatory or administrative functions of or pertaining to a government. "Guarantor"" shall mean any Person (other than a Loan Party) who may hereafter guarantee payment or performance of the whole or any part of the Obligations. On the Closing Date, there are no Guarantors. "Guaranty"" shall mean any guaranty of the payment or performance of the whole or any part of the Obligations, in whole or in part, executed at any time by a Guarantor in favor of Lender for the ratable benefit of the Lender Parties. "Hazardous Discharge"" shall have the meaning set forth in Section 6.8(d). "Hazardous Substance"" shall mean, without limitation, any flammable explosives, radon, radioactive materials, asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, petroleum and petroleum products, methane, hazardous materials. Hazardous Wastes, hazardous or Toxic Substances or related materials as defined in CERCLA, the Hazardous Materials Transportation Act, as amended (49 U.S.C. Section 1801, ^ ^.), RCRA, Articles 15 - 13 -
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GAAF means generally a accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as may be approved by a significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination.
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GAAF means generally accepted accounting principles in the USA, applied on a consistent basis.
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Examples of GAAF in a sentence

  • Complaints concerning the use of emergency safety interventions by district staff shall be addressed in accordance with the local dispute resolution process outlined in board policy GAAF.

  • Recommended by KASB 10/98 Revised 3/8/05 Approved by BOE 2/8/99 Revised 9/13/04 (See BCBI, GAACA, GAAB, GAAF, IF, IKD and JCE) The board encourages all complaints regarding the district to be resolved at the lowest possible administrative level.

  • The Company's audited financial statements as at September 30, 1993 and its unaudited financial statements as at September 30, 1994, as heretofore furnished to the Bank, have been prepared in accordance with GAAF on a consistent basis (except for year-end audit adjustments as to the interim statements) and fairly present the financial condition of the Company as at such dates and the results of its operations and changes in financial position for the respective periods then ended.

Related to GAAF

  • SAQA means the South African Qualifications Authority;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • GLO means the Texas General Land Office, its officers, employees, and designees.

  • OJEU means the Official Journal of the European Union.