GAAP definition

GAAP means generally accepted accounting principles in the United States of America.

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

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.

Examples of GAAP in a sentence

• The books and records of Company and its Subsidiaries have been maintained in all material respects in accordance with GAAP and any other applicable legal and accounting requirements and reflect only actual transactions.

• The financial position of Company on a consolidated basis under or with respect to each such Derivative Transaction has been reflected in all material respects in the books and records of Company in accordance with GAAP.

• All Investment Securities are valued on the books of Company in accordance with GAAP in all material respects.

• The books and records of Parent and its Subsidiaries have been maintained in all material respects in accordance with GAAP and any other applicable legal and accounting requirements and reflect only actual transactions.

• With respect to any period for which Tax Returns have not yet been filed or for which Taxes are not yet due or owing, the Company has made due and sufficient accruals for such Taxes in the GAAP Financial Statements and in its books and records.

More Definitions of GAAP

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

GAAP means United States generally accepted accounting principles.

GAAP means Generally Accepted Accounting Principles.

GAAP means United States generally accepted accounting principles consistently applied.

GAAP means United States generally accepted accounting principles, consistently applied.