Transaction Accounting Principles definition

Transaction Accounting Principles means the accounting principles, policies and methodologies set forth on Exhibit E.
Transaction Accounting Principles means GAAP applied on a basis consistent with the accounting principles, practices, methodologies and policies used in preparing the Mallinckrodt Balance Sheet, except as otherwise described on Schedule 2.16.
Transaction Accounting Principles means GAAP applied on a basis consistent with the accounting principles, practices, methodologies and policies used in preparing the Varex Balance Sheet.

Examples of Transaction Accounting Principles in a sentence

  • The Closing Statement shall set forth the calculations of such amounts in a manner consistent with applicable definitions herein and be prepared, where applicable, in accordance with the Transaction Accounting Principles.

  • The Post-Closing Statement shall be prepared in accordance with the applicable definitions herein including, where applicable, the Transaction Accounting Principles.


More Definitions of Transaction Accounting Principles

Transaction Accounting Principles means the methodologies, procedures, judgments, practices, principles and estimates used to compute and prepare the Reference Closing Statement and described in Schedule V.
Transaction Accounting Principles means the principles, policies and methodologies set forth on Exhibit D.
Transaction Accounting Principles means GAAP excluding liabilities for deferred Taxes and unearned or deferred revenue and as may be specifically provided in the definition of any PP Component with respect to that PP Component only.
Transaction Accounting Principles means generally accepted accounting principles consistently applied, taking into account (i) the accounting policies within generally accepted accounting principles and (ii) the exceptions to generally accepted accounting principles, in each case, accompanying the Balance Sheets attached as Attachment G.
Transaction Accounting Principles has the meaning set forth in Section 2.10.
Transaction Accounting Principles means (a) the accounting principles, policies, procedures, categorizations, asset recognition bases, definitions, methods, practices and techniques set forth on Schedule 1.01(c), (b) to the extent not inconsistent with clause (a), the accounting principles, policies, procedures and methodologies, categorizations, asset recognition bases, definitions, practices and techniques (including in respect of the exercise of management judgment) used in the preparation of the Financial Statements and (c) to the extent not otherwise addressed in clause (a) or (b), GAAP.
Transaction Accounting Principles means prepared in accordance with GAAP on a consistent basis and measured and calculated using the same accounting principles, practices, methodologies and policies used in the preparation of the Historical Financial Statements, the Schedule of Purchased Assets and Assumed Liabilities, but subject to and in accordance with Schedule 3.1(a). Calculations pursuant to the Transaction Accounting Principles shall be subject to customary year-end closing processes and adjustments regardless of whether the Closing occurs on a year end, and may take into account all information relevant to the financial condition of the Business on the Closing Date regardless of whether such information was obtained or available on the Closing Date or otherwise. Without limiting the foregoing, all amounts shall be derived from the accounting records of ResCap using consistent accounts and subaccounts reflected in the preparation of the Historical Financial Statements and the Schedule of Purchased Assets and Assumed Liabilities.