Relevant GAAP definition

Relevant GAAP means the accounting principles which are adopted by the Company or the New Obligor (as the case may be) for the preparation of the Consolidated Financial Statements under the Financial Instruments and Exchange Act, being one of those generally accepted in Japan or the United States or International Financial Reporting Standards (as issued by the International Accounting Standards Board or, if applicable, as adopted or endorsed by the Accounting Standards Board of Japan);

Relevant GAAP means such accounting principles which are generally accepted in Korea at the date or time of any computation.

Relevant GAAP means, in relation to a company, accounting principles and practices generally accepted from time to time in such company’s jurisdiction of incorporation.

Examples of Relevant GAAP in a sentence

• Relevant GAAP means International Financial Reporting Standards or such other international financial reporting standards as may be adopted from time to time by the Guarantor.

• Relevant Accounts means, at any time, the most recently available consolidated audited financial statements of the Guarantor, prepared in accordance with Relevant GAAP.

• In addition, the Guarantor has agreed in Clause 7 of the Guarantee that, so long as any Note remains outstanding, the Guarantor will not, and will ensure that none of its Subsidiaries will, enter into any Asset Sale of an asset with a book value (as determined by reference to the most recently available financial statements of the Guarantor (or the relevant Subsidiary, as the case may be), prepared in accordance with Relevant GAAP) that exceeds the higher of U.S.$300 million or three per cent.

• In addition, the Guarantor has agreed in Clause 7 of the Guarantee that, so long as any Note remains outstanding, the Guarantor will not, and will ensure that none of its Subsidiaries will, enter into anyAsset Sale of an asset with a book value (as determined by reference to the most recently available financial statements of the Guarantor (or the relevant Subsidiary, as the case may be), prepared in accordance with Relevant GAAP) that exceeds the higher of U.S.$300 million or three per cent.

• Except as otherwise specifically provided herein, all computations made pursuant to this Agreement shall be made in accordance with Relevant GAAP, and all financial statements shall be prepared in accordance with Relevant GAAP, where applicable for special purpose accounts.

More Definitions of Relevant GAAP

Relevant GAAP means International Financial Reporting Standards or such other international financial reporting standards as may be adopted from time to time by the Guarantor or any other relevant Person.

Relevant GAAP means accounting principles, concepts, bases and policies generally adopted and accepted in the respective jurisdictions in which the Lessee, the Sub-Lessee, the Other Sub-Lessees and the Lessee Parent are required to produce and file accounts from time to time;

Relevant GAAP means such accounting principles which are generally accepted in the jurisdiction of the Relevant Issuer’s or the Guarantor’s incorporation, as applicable.

Relevant GAAP means, with respect to (i) the FOXTEL Group and each Reporting Member, generally accepted accounting principles, standards and practices as in effect from time to time in Australia, and (ii) with respect to any Person other than the FOXTEL Group and the Reporting Members, generally accepted accounting principles (including any applicable application of International Financial Reporting Standards) as in effect from time to time in the jurisdiction under which such Person prepares its books of account and financial records and statements.

Relevant GAAP means generally accepted accounting principles (i) in the United States of America in relation to the Parent and GE Seaco SRL, and (ii) in the United Kingdom in relation to each other Obligor.

Relevant GAAP means International Financial Reporting Standards as adopted for use by the State of Kuwait, or such other international financial reporting standards as may be adopted, from time to time by the Guarantor.

Relevant GAAP means in respect of the Tenant, UK Generally Accepted Accounting Principles (FRS 101), as reported in the audited financial statements for the Financial Year ending on 31 March 2018