Luxembourg GAAP definition

Luxembourg GAAP means generally accepted accounting principles in Luxembourg, applicable to the circumstances as of the date of determination, consistently applied.
Luxembourg GAAP means Luxembourg accounting standards for private enterprises (Normes compatables internationals pour les enterprises).
Luxembourg GAAP means generally accepted accounting principles as applied in the Grand Duchy of Luxembourg.

Examples of Luxembourg GAAP in a sentence

  • The financial statements of the Fund will be prepared in accordance with Luxembourg GAAP.

  • Represents the difference between book value of non-monetary contributions received from shareholders under Luxembourg GAAP and IFRS.

  • The financial statements of the SICAV are prepared in compliance with the generally accepted accounting principles in Luxembourg, known as "Luxembourg GAAP".

  • The SICAV’s financial statements will be prepared in accordance with Luxembourg GAAP.

  • As the assets contributed were recorded at their historical carrying amount in accordance with Luxembourg GAAP, the Company’s December 2010 contribution of such assets to Ternium Investments resulted in a non-taxable revaluation of the accounting value of the Company’s assets under Luxembourg GAAP.


More Definitions of Luxembourg GAAP

Luxembourg GAAP has the meaning provided in Section 4.01(x).
Luxembourg GAAP means Luxembourg generally accepted accounting principles and practices in effect from time to time;
Luxembourg GAAP has the meaning provided in Section 4.01(x). “Margin Stock” has the meaning provided in Regulation U. “Material Adverse Effect” means any or all of the following: (i) any material adverse effect on the business, operations, property, assets, liabilities or financial condition of the U.S. Borrower and its Restricted Subsidiaries, taken as a whole; (ii) any material adverse effect on the ability of any Borrower and the other Credit Parties, taken as a whole, to perform their obligations under any of the Loan Documents to which they are party; (iii) subject to any Legal Reservations or Non-U.S. Perfection Requirements that are not overdue, any material adverse effect on the validity, effectiveness or enforceability, as against the Credit Parties, taken as a whole, of any of the Loan Documents to which they are a party; (iv) subject to any Legal Reservations or Non-U.S. Perfection Requirements that are not overdue, any material adverse effect on the rights and remedies of the Administrative Agent or any Lender under any Loan Document; or (v) subject to any Legal Reservations or Non-U.S. Perfection Requirements that are not overdue, any material adverse effect on the validity, perfection or priority of any material Lien in favor of the Administrative Agent on any of the Collateral. “Material Contract” means each contract or agreement to which the U.S. Borrower or any of its Restricted Subsidiaries is a party, which if violated or terminated (other than contracts that by their terms may be terminated by the U.S. Borrower or such Restricted Subsidiary in the ordinary course of its business or which are replaced within 30 days of termination) would reasonably be expected to have a Material Adverse Effect. “Material Indebtedness” means, as to the U.S. Borrower or any of its Restricted Subsidiaries, any particular Indebtedness (other than any intercompany Indebtedness between or among U.S. Borrower and/or any of its Restricted Subsidiaries) of the type described in clauses (i), (ii) or (ix) of the definition thereof of the U.S. Borrower or such Restricted Subsidiary (including any Guaranty Obligations in respect of Indebtedness of the type described in clauses (i), (ii) or (ix) of the definition thereof) in excess of the aggregate principal amount of $50,000,000. “Maximum Rate” has the meaning provided in Section 11.23.
Luxembourg GAAP means Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements and generally accepted accounting principles in Luxembourg, including the law of August 10, 1915, as amended and in circulars issued by supervision bodies such as the Commission de Surveillance du Secteur Financier (CSSF), Commissariat aux Assurances (CAA), Accounting Standards Board (CNC) and mandatory for adoption at the relevant date.
Luxembourg GAAP means the Luxembourg generally accepted accounting principles (Lux GAAP) as set forth in the 1915 Law, the law of 19 December 2002 governing the register of commerce and companies and the accounting and annual accounts of undertakings, and any law applicable to the Luxembourg generally accepted accounting principles.
Luxembourg GAAP has the meaning provided in Section 4.01(x). 50 -50-