GAPP definition

GAPP means Generally Accepted Principles and Practices; “SWF” means Sovereign Wealth Fund.
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GAPP means Generally Accepted Principles and Practices;
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GAPP means generally accepted accounting principles set forth ▇▇ 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, which are applicable to the circumstances as of the date of determination.
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Examples of GAPP in a sentence

  • If there (i) occurs a material adverse change in the business, operations, or condition (financial or otherwise) of the Borrower, or (ii) is a material impairment of the prospect of repayment of the Obligations taken as a whole; or (iii) is a material impairment of the value (other than as a result of ordinary wear and tear and and depreciation under GAPP or priority of Bank's security interests in the Collateral.

  • The reports required in Section 15.A. (ii) and (iii) if not audited, should be signed by the Franchisee or its financial officer, attesting that (1) the reports are true and accurate, (2) they are prepared in accordance with GAPP on a basis consistent with prior periods, (▇) they fully describe and completely disclose the information sought, and (4) the signer has made diligent efforts to ascertain the truth and completeness of the information.

  • With respect to any party, for any period, the sum for such period of the following of or payable by such party, as the case may be: (i) net income (determined by GAPP and ▇▇▇luding gains from dispositions of assets, extraordinary gains and discounted operations gains), plus (ii) Interest Charges, plus (iii) federal and state income taxes, plus (iv) Depreciation, plus (v) Rental Expense.

  • REMEC represents and warrants to ACS that as of the Closing Date, such Closing Date Financial Statements will be true, complete and correct, will have been prepared in accordance with GAPP, ▇▇nsistently applied, and will fairly present the financial position of RFM as of the Closing Date.

  • The valuation of the Purchased Assets shall comply with GAPP ▇▇▇ounting rules.

  • Borrower has provided to TBCC complete and accurate * Financial Statements, which have been prepared in accordance with GAPP ** consistently applied throughout the periods involved and fairly present the financial position and results of operations of Borrower for each of the periods covered, subject, in the case of any quarterly financial statements, to normal year-end adjustments and the absence of notes.

  • The parties agree that they will at least on an annual basis agree upon an annual budget, prepared in accordance with GAPP and that unless otherwis▇ ▇▇reed the Business will be managed in accordance with the annually agreed upon budget.


More Definitions of GAPP

GAPP means General Administration of Press and Publication.
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Related to GAPP

  • SAQA means the South African Qualifications Authority;

  • EMMA means the Electronic Municipal Market Access system as described in 1934 Act Release No. 59062 and maintained by the MSRB for purposes of the Rule.

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CFA means the Central finance Assistance to be provided by the Ministry of New and Renewable Energy Government of India under the Pradhan Mantri Urja Suraksha ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ (PM-▇▇▇▇▇) scheme as per the Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM- ▇▇▇▇▇ Scheme issued on date 4-12-2020 with subsequent amendment/s, if any. “Changein Law” shallhavethemeaningascribedtheretoinArticle12of thisAgreement; “Commercial Operation Date(COD)” shallmeanthedate certified by the DISCOM’s committee upon successful commissioning (as perprovisionsofthis Agreement)ofthe project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Legionella means a genus of bacteria, some species of which have caused a type of pneumonia called Legionnaires Disease.