GAAP definition

GAAP means generally accepted accounting principles in the United States.
GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.
GAAP means United States generally accepted accounting principles, consistently applied.

Examples of GAAP in a sentence

  • All accounting terms not specifically defined herein or in Appendix A to the Indenture shall be construed in accordance with GAAP.

  • Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law.

  • Modify or change, or permit any of its Subsidiaries to modify or change, its method of accounting or accounting principles from those utilized in the preparation of the Financial Statements (other than as may be required to conform to GAAP).

  • Maintain proper books of record and account, in which entries that are full, true and correct in all material respects and as are sufficient to permit the preparation of financial statements in conformity with GAAP consistently applied shall be made of all material financial transactions and matters involving the assets and business of the Loan Parties, as the case may be.

  • All material foreign, federal, state and local taxes and other assessments of a similar nature (whether imposed directly or through withholding), including any interest, additions to tax or penalties applicable thereto due or claimed to be due from such entities, have been timely paid, other than those being contested in good faith which have not been finally determined and for which adequate reserves have been provided in accordance with GAAP.


More Definitions of GAAP

GAAP means generally accepted accounting principles in the United States 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 such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.
GAAP means Generally Accepted Accounting Principles.
GAAP means United States generally accepted accounting principles as in effect from time to time.
GAAP shall have the meaning ascribed to such term in Section 3.1(h).
GAAP means United States generally accepted accounting principles.
GAAP means generally accepted accounting principles as in effect from time to time in the United States, consistently applied.
GAAP means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of 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 of the United States, which are in effect from time to time.