Lux GAAP definition

Lux GAAP means the Luxembourg generally accepted accounting principles
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Lux GAAP means the Luxembourg Generally Accepted Accounting Policy.
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Lux GAAP means generally accepted accounting principles in Luxembourg. "Majority Shareholder" means any Shareholder that is not a Minority Shareholder. "Majority Shareholder Matter" means the matters listed in Schedule 3.
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Examples of Lux GAAP in a sentence

  • For the purposes of this Section 12.10, “Net Assets” of a Lux Guarantor shall mean all the assets (actifs) of the relevant Lux Guarantor minus its liabilities (provisions et dettes) as determined, in accordance with Luxembourg generally accepted accounting principles (Lux GAAP) or IFRS, as applicable, and the relevant provisions of the Luxembourg Act of 19 December 2002 on the Luxembourg Companies Register, on accounting and on annual accounts of the companies, as amended.

  • The cash flow statements for the financial year 2019 and the financial year 2020 are based on the audited financial statements of the said years and have been drawn up in accordance with Lux GAAP.

  • The cash flow statements for the financial year 2020 and the financial year 2021 are based on the audited financial statements of the said years and have been drawn up in accordance with Lux GAAP.

  • The consolidated balance sheet of the Acquired Company and its Subsidiaries as of December 31, 2009, is referred to herein as the “Acquired Balance Sheet” and the date thereof as the “Acquired Balance Sheet Date.” Each of the Acquired Company and its Subsidiaries maintains a standard system of accounting established and administered in accordance with Lux GAAP.

  • The conversion of the New Warrants or the CVRs into New Common Stock should in principle not give rise to any taxable gain at the level of the Equity Issuer, provided that no such gain is realized from a Lux GAAP perspective either.

  • If the Lux Issuer is not the Equity Issuer, the Lux Issuer may realize a taxable gain upon the conversion of the New Warrants or the CVRs depending on the Lux GAAP treatment of the conversion.

  • Lux GAAP The Partnership is managed by the General Partner and benefits from the so called “sub-threshold partial exemption” of Article 3 under the Luxembourg law dated 12 July 2013 relating to alternative investment fund managers.

  • The cash flow statements for the financial year 2012 are based on the audited financial statements of the said years and have been drawn up in accordance with Lux GAAP.

  • If from a Lux GAAP perspective, the contributions referred to above do not give rise to COD Income at the level of the Lux Issuer as the Debtors expect, no COD Income should, in principle, be realized for Luxembourg tax purposes based on the abovementioned principle that tax follows accounting.

  • PROTEIN CAPITAL FUND SLP – Term Sheet – Version 10 – dated 11/10/2023 Accounting Standard Lux GAAP Tax Regime The Partnership is tax transparent and neutral.


More Definitions of Lux GAAP

Lux GAAP means Luxembourg Generally Accepted Accounting Principles, the accounting framework based on the historical cost method and the prudence concept. Standard annual accounts comprise the balance sheet, the profit-and-loss account and notes to the annual accounts. The documents form an integrated whole.
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Related to Lux GAAP

  • U.S. GAAP means United States generally accepted accounting principles.

  • PRC GAAP means the generally accepted accounting principles in the PRC.

  • GAAP means United States generally accepted accounting principles.

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • UK GAAP means generally accepted accounting principles in the United Kingdom set forth from time to time by the United Kingdom Accounting Standards, which are applicable to the circumstances and in effect as of the date of determination thereof.