GAAP definition

GAAP means generally accepted accounting principles in the United States.

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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

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

• 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 Audited Financial Statements, except as otherwise specifically prescribed herein.

• All accounting terms not specifically defined herein shall be construed in accordance with GAAP.

• Each stock option granted by the Company under the Company’s stock option plan or pursuant to an inducement option grant was granted (i) in accordance with the terms of the Company’s stock option plan or inducement option agreements and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law.

• The Borrower accounts for the transfers to it from the Originator of interests in the Loans under the Purchase Agreement as sales of such Loans in its books, records and financial statements, in each case consistent with GAAP.

More Definitions of GAAP

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 United States generally accepted accounting principles as in effect from time to time.

GAAP means Generally Accepted Accounting Principles.

GAAP means United States generally accepted accounting principles 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.