Examples of Applicable Accounting Standards in a sentence
Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s equity incentive plan and (ii) with an exercise price not less than the fair market value of the Common Shares on the date such share option would be considered granted under Applicable Accounting Standards and applicable law.
Calculations and determinations must be made following Applicable Accounting Standards.
Rover shall maintain or cause to be maintained full and complete books and records with respect to all matters relating to the calculation and payment of the Net Smelter Royalty pursuant to this Article 2, including the determination of the Permissible Deductions and including the records described in Section 2.4, in accordance with good bookkeeping practices and good mining practice and otherwise in accordance with Applicable Accounting Standards.
Without limiting the foregoing, leases shall continue to be classified on a basis consistent with that reflected in the audited consolidated financial statements of Borrower for the fiscal year ended December 31, 2017 for all purposes of this Agreement, notwithstanding any change in Applicable Accounting Standards relating thereto or the application thereof, unless the parties hereto shall enter into a mutually acceptable amendment addressing such changes, as provided for above.
Without Agent’s consent (such consent not to be unreasonably withheld, conditioned or delayed except as required by Applicable Law or applicable accounting rules), modify or change its fiscal year end from December 31 or its method of accounting (other than as may be required to conform to, or as set forth in the definition of, Applicable Accounting Standards).