Common use of Required Accounting Practice Clause in Contracts

Required Accounting Practice. The accounting rules and regulations, if any, at the time prescribed by the regulatory body or bodies under the jurisdiction of which the Partnership is at the time operating and, to the extent of matters not covered by such rules and regulations, generally accepted accounting principles as practiced in the United States at the time prevailing for companies engaged in a business similar to that of the Partnership.

Appears in 4 contracts

Samples: Limited Partnership Agreement (Tc Pipelines Lp), Agreement (Tc Pipelines Lp), Operating Agreement (Tc Pipelines Lp)

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Required Accounting Practice. The accounting rules and regulations, if any, at the time prescribed by the regulatory body or bodies under the jurisdiction of which the Partnership Company is at the time operating and, to the extent of matters not covered by such rules and regulations, generally accepted accounting principles on a consistent basis as practiced in the United States at the time prevailing for companies engaged in a business similar to that of the PartnershipCompany.

Appears in 3 contracts

Samples: Construction, Operation and Maintenance Agreement (Progress Energy Inc), Construction, Operation and Maintenance Agreement (Public Service Co of North Carolina Inc), Construction, Operation and Maintenance Agreement (Public Service Co of North Carolina Inc)

Required Accounting Practice. The accounting rules and regulations, if any, at the time prescribed by the regulatory body or bodies under the jurisdiction of which the Partnership is at the time operating and, to the extent of matters not covered by such rules and regulations, generally accepted principles of accounting principles as practiced in the United States at the time prevailing for companies engaged in a business similar to that of the Partnership.

Appears in 1 contract

Samples: Execution Version (Northern Border Pipeline Co)

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Required Accounting Practice. The Generally accepted accounting principles as practiced in the United States at the time prevailing for companies engaged in a business similar to that of the Partnership or, if inconsistent therewith, the accounting rules and regulations, if any, at the time prescribed by the regulatory body or bodies under the jurisdiction of which the Partnership is at the time operating and, to the extent of matters not covered by such rules and regulations, generally accepted accounting principles as practiced in the United States at the time prevailing for companies engaged in a business similar to that of the Partnershipoperating.

Appears in 1 contract

Samples: Partnership Agreement (Tc Pipelines Lp)

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