RAP definition

RAP means regulatory accounting principles.

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RAP shall have the meaning set forth in Section 3.05(b).

RAP means, the resettlement action plan dated March 2006, with respect to Part B of the Project, duly adopted by the Project Implementing Entity on May 30, 2006, which set out the principles and procedures governing land acquisition, resettlement, compensation and rehabilitation of Displaced Persons on account of the execution of such Part of the Project, as well as reporting and monitoring arrangements to ensure compliance with said plan, as the same may be revised from time to time with the prior agreement of the Bank; and such term includes all attachments and annexes supplemental to said plans.

Examples of RAP in a sentence

• The allowance for loan losses reflected on the Bank Financial Statements, as of their respective dates, is adequate in all material respects under the requirements of RAP to provide for reasonably incurred losses on outstanding loans.

• The Bank Investment Securities are valued on the books of the Bank in accordance with GAAP, as may be modified by RAP.

• The books and records of CB and the Bank have been, and are being, maintained in accordance with GAAP and RAP, as applicable.

• Implement or adopt any change in the CB or Bank’s book or tax accounting principles, practices or methods, other than as may be required by GAAP or RAP, and as concurred in by CB or the Bank’s independent public accountants; or fail to maintain and prepare CB and the Bank’s books and records other than in accordance with GAAP or RAP, as applicable, consistent with past practice.

• Fail to maintain an allowance for possible loan and lease losses which is adequate in all material respects under the requirements of GAAP and RAP, as applicable, to provide for possible losses, net of recoveries relating to loans previously charged off, on loans outstanding (including accrued interest receivable), or fail to charge off any loans or leases that would be deemed uncollectible in accordance with the policies of the Bank.

More Definitions of RAP

RAP means the Rules of Appellate Procedure.

RAP means the plan referred to in Section I.D.1 (b) of Schedule 2 to this Agreement; and “RAPs” means, collectively, each such RAP.

RAP or “Resettlement Action Plan” means with respect to each activity under the Project pursuant to which the RPF requires a resettlement action plan, such plan, to be prepared by the Recipient pursuant to Section D.1(c) of Schedule 2 to this Agreement, in accordance with the provisions of the RPF, and approved by the Association, giving details of the specific actions, measures and policies designed to facilitate the achievement of the objectives of the RPF, along with the procedural and institutional measures needed to implement such actions, measures and policies; and “RAPs” means more than one such RAP.

RAP means reclaimed asphalt pavement;

RAP means resettlement action plan, the document to be prepared by the Recipient, as the case may be, pursuant to the RPF.

RAP means the regulatory accounting principles set forth in the Uniform System of Accounts prescribed by the FERC.

RAP means a Resettlement Action Plan referred to in paragraph I.C.1 (a) (iii) of Schedule 2 to this Agreement.