GAAP definition
Examples of GAAP in a sentence
All accounting terms not specifically defined in this agreement shall be interpreted 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 Class A Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law.
The books and records of the Company have been, and are being, maintained in all material respects in accordance with GAAP and any other applicable legal and accounting requirements.
The Company maintains and will continue to maintain a standard system of accounting established and administered in all material respects in accordance with GAAP and the applicable requirements of the Exchange Act.
Guarantor shall at all times keep proper books of records and accounts in which full, true and correct entries shall be made of its transactions fairly in accordance with GAAP, and set aside on its books from its earnings for each fiscal year all such proper reserves in accordance with GAAP.