GAAP definition

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 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.


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 shall have the meaning ascribed to such term in Section 3.1(h).
GAAP means United States generally accepted accounting principles as in effect from time to time.
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 in the United States.
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 have been approved by a significant segment of the accounting profession, which are in effect from time to time.