Applicable Accounting Principles definition

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.
Applicable Accounting Principles means the most recent and up-to-date US GAAP applicable at any relevant time;
Applicable Accounting Principles means accounting principles, concepts, bases and policies generally adopted and accepted in the United States of America consistently applied;

Examples of Applicable Accounting Principles in a sentence

  • The Borrower will not make any significant change in accounting treatment or reporting practices, except as permitted the Applicable Accounting Principles, or change its fiscal year.

  • The Borrower will pay when due all its obligations, including without limitation Taxes upon it or its income, profits or Property, except those being contested in good faith by appropriate proceedings, with respect to which adequate reserves have been set aside in accordance with Applicable Accounting Principles.


More Definitions of Applicable Accounting Principles

Applicable Accounting Principles has the meaning set forth in Section 2.4(a).
Applicable Accounting Principles means accounting practices prescribed or permitted by the National Association of Insurance Commissioners and, with respect to the Company's subsidiary insurance companies, the applicable insurance department of the state of domicile of such insurance subsidiary, and in each case, applied consistently throughout the periods involved.
Applicable Accounting Principles means GAAP.
Applicable Accounting Principles means GAAP and practices and financial reference periods used in the Original Financial Statements.
Applicable Accounting Principles means, for any period, the accounting principles applied as provided in Section 1.02.
Applicable Accounting Principles means those accounting principles, standards and practices on which the preparation of the Original Financial Statements was based and those accounting policies which were used in the preparation of those financial statements.
Applicable Accounting Principles means GAAP and practices and financial reference periods used in the preparation of the Base Case Model and the Original Financial Statements.