Working Capital Accounting Principles definition

Working Capital Accounting Principles has the meaning set forth in Schedule 1.1(h).
Working Capital Accounting Principles means those accounting principles set forth on Annex I to be used in (i) determining what constitutes a Current Asset and a Current Liability and calculating Closing Working Capital.
Working Capital Accounting Principles means, except as set forth in Section 3.7(b), the accounting principles, procedures, policies and methods used in preparing the audited consolidated balance sheet of the Company and its Subsidiaries (including the Spin-Off Entities) as of December 31, 2004 that is included in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission, including the types of adjustments used in preparing such balance sheet as set forth in the notes thereto, to the extent that they are in accordance with GAAP.

Examples of Working Capital Accounting Principles in a sentence

  • Net Working Capital Accounting Principles, Methodologies and Policies Inventory: Inventory is valued at current weighted average cost.

  • Concurrently with its delivery of the Proration Statement, Target shall also deliver its statement setting forth a good faith estimate of each of the items of Current Assets and Current Liabilities as of the Closing Date, which shall be prepared in accordance with the Closing Working Capital Accounting Principles for each of the Working Capital Accounts set forth in the Target Identified Account Listing (the "Closing Working Capital Statement”).

  • Not only will it allow students to plan ahead, but it enables the SON to measure the demand for courses.

  • Currently not a member of the Indonesian Armed Forces or the Indonesian National Police.

  • Page 42 of 45 Table of Contents EXHIBIT D Working Capital Accounting Principles NOTES 1, 2, 5 and 6 NOTE 1: Contains Vendor's confidential information.

  • The Dispute Notice shall set forth in reasonable detail (i) any item on the Post-Closing Statement that Purchaser disputes and (ii) the proposed amount of such item; provided, however, that Purchaser may not dispute the accounting principles, practices, methodologies and policies used in preparing the Post-Closing Statement unless they are inconsistent with the Working Capital Accounting Principles.

  • Annex V Working Capital Principles Working Capital Accounting Principles Used by ADS Prepaid Expenses: A prepaid expense is an item paid and recorded in advance of its use or consumption in the business, part of which represents expense of the current period and part of which represents an asset on hand at the end of the period.

  • The following Working Capital Accounting Principles shall be used in preparing the Closing Working Capital Worksheet and the Closing Statement: All terms set forth in the Working Capital Worksheet are defined, recognized, measured and estimated consistently with the use on the balance sheet of the Company in the interim consolidated 2006 financial statements of the Company.

  • Xxxxxx Title: Manager 66 Annex I Current Assets; Current Liabilities; Working Capital Accounting Principles See attached.

  • The Post-Closing Statement shall set forth in reasonable detail Seller’s calculations of such amounts in substantially the same format as, and in a manner consistent with, the Sample Closing Statement and the Closing Statement and shall be prepared in accordance with the Working Capital Accounting Principles.


More Definitions of Working Capital Accounting Principles

Working Capital Accounting Principles means the methodologies, practices and principles set forth on Exhibit D attached hereto; and
Working Capital Accounting Principles means the accounting principles, practices and procedures set forth on Schedule 2.4.
Working Capital Accounting Principles means the methodologies, practices and principles set forth on Exhibit D attached hereto; and "Working Capital Statement" has the meaning given in Section 3.2.
Working Capital Accounting Principles shall have the meaning given in Section 2.2(b).
Working Capital Accounting Principles means GAAP using the same accounting principles and policies used in preparing the Balance Sheet.

Related to Working Capital Accounting Principles

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

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

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Working Capital Adjustment has the meaning set forth in Section 2.15(b).

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • GAAP means United States generally accepted accounting principles.

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.