03accounting Terms. All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein.
03accounting Terms. 33 1.04Rounding. 34
03accounting Terms. Generally, all accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect on the date of this Agreement (subject to subsection (a) below) from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of Borrower and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded.
03accounting Terms. All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles consistent with those applied in the preparation of the financial statements referred to in Section 5.01(e).
03accounting Terms. 12 Section 1.04Times of Day .............................................................................................12 ARTICLE II AMOUNTS AND TERMS OF THE ADVANCE Section 2.01Advance ....................................................................................................12 Section 2.02Making the Advance .................................................................................12 Section 2.03Additional Fees .........................................................................................13 Section 2.04Termination and Reduction of the Commitment ......................................13 Section 2.05Repayment of the Advance .......................................................................13 Section 2.06Interest on the Advance .............................................................................13 Section 2.07Interest Rate Determination ......................................................................14 Section 2.08Prepayments of the Advance .....................................................................14 Section 2.09Increased Costs .........................................................................................15 Section 2.10Illegality ....................................................................................................17 Section 2.11Extension of the Termination Date ...........................................................17 ARTICLE III PAYMENTS, TAXES, EVIDENCE OF DEBT, ETC Section 3.01Payments Generally ..................................................................................18 Section 3.02Taxes .........................................................................................................18 Section 3.03Evidence of Debt/Borrowings ..................................................................21
03accounting Terms. 29 1.04Rounding. 30 1.05Times of Day. 30 1.06Letter of Credit Amounts. 30
03accounting Terms. 27 1.04Rounding.............................................................................................................27 1.05References to Agreements and Laws...................................................................28 1.06Times of Day........................................................................................................28
03accounting Terms. 3550 1.04Rounding. 3651 1.05Times of Day. 3651 1.06Letter of Credit Amounts. 3651 ARTICLE II — THE COMMITMENTS AND CREDIT EXTENSIONS3752 2.01Commitments. 3752 2.02Borrowings, Conversions and Continuations of Loans. 4156 2.03Letters of Credit. 4257 2.04Swing Line Loans. 5165 2.05Prepayments. 5468 2.06Termination or Reduction of Aggregate Revolving Commitments and Aggregate Delayed Draw Term Loan Commitments. 5571 2.07Repayment of Loans. 5672 2.08Interest. 5772 2.09Fees. 5873 2.10Computation of Interest and Fees. 5974 2.11Evidence of Debt. 5974 2.12Payments Generally; Administrative Agent’s Clawback. 6075 2.13Sharing of Payments by Lenders. 6177 2.14Cash Collateral. 6277 2.15Defaulting Lenders. 6378 ARTICLE III — TAXES, YIELD PROTECTION AND ILLEGALITY6580 3.01Taxes. 6580 3.02Illegality. 6984 3.03Inability to Determine Rates. 7085 3.04Increased Costs. 7087 3.05Compensation for Losses. 7288 3.06Mitigation Obligations; Replacement of Lenders. 7289 3.07Successor LIBOR.73 3.083.07Survival.7489 3.093.08Withholding Taxes.7490 ARTICLE IV — GUARANTY7490 4.01The Guaranty. 7490 4.02Obligations Unconditional. 7590 4.03Reinstatement. 7691 4.04Certain Additional Waivers92 4.044.05Remedies.7692 4.
03accounting Terms. (a)All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein; provided, that for purposes of covenant compliance hereunder all leases by the Borrower and its Subsidiaries shall continue to be accounted for as operating leases or capital leases in accordance with GAAP as in effect immediately prior to the effectiveness of FASB ASC 842.
03accounting Terms
