Definition of PRC Accounting Principles

  1. PRC Accounting Principles means generally accepted accounting principles and standards in the PRC that is applicable to the Borrower from time to time.

Examples of PRC Accounting Principles in a sentence

  1. Borrower shall procure that the delivered financial statements, pursuant to Clause 15.5, are prepared in accordance with the PRC Accounting Principles.
  2. Comply with PRC Accounting Principles and Establish Internal Control System Conforming to U.S.

Definition of PRC Accounting Principles in Loan Agreement

PRC Accounting Principles means generally accepted accounting principles and standards in the PRC that is applicable to the Borrower from time to time.