Accounting Terms

Example Definitions of "Accounting Terms"
Accounting Terms. Any accounting terms used in this Agreement which are not specifically defined herein shall have the meaning customarily given to them in accordance with GAAP. Where the character or amount of any asset or liability or item of income or expense is required to be determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, it shall be done in accordance with GAAP except where such principles are inconsistent with the specific... provisions of this Agreement or the rules of any Government Agency. The foregoing definitions are equally applicable to both the singular and plural forms of the terms defined. The words 'hereof', 'herein' and 'hereunder' and words of like import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. The word 'including' when used in this Agreement without the phrase 'without limitation,' shall mean 'including, without limitation.' All references to time of day herein are references to eastern time unless otherwise specifically provided. Any reference contained herein to attorneys' fees and expenses shall be deemed to be reasonable fees and expenses of Lender's outside counsel and of any other third-party experts or consultants engaged by Lender's outside counsel on Lender's behalf. All references to the Transaction Documents shall be deemed to be to such documents as amended, modified or restated from time to time. With respect to any reference in this Agreement to any defined term, (a) if such defined term refers to a Person, then it shall also mean all heirs, legal representatives and permitted successors and assigns of such Person, and (b) if such defined term refers to a document, instrument or agreement, then it shall also include any replacement, extension or other modification thereof. View More
Accounting Terms. As used in this Agreement, any Note, or any certificate, report or Other Document, accounting terms not defined in Annex One, Annex Two or elsewhere in this Agreement and accounting terms partly defined in Annex One or Annex Two (to the extent not defined) shall have the respective meanings given to them under GAAP; provided, however, whenever such accounting terms are used for the purposes of determining compliance with financial covenants in this Agreement, such accounting terms shall be... defined in accordance with GAAP as applied in preparation of the Historical Financial Statements. Certain other definitions which are used in the calculation of the Financial Covenants are set forth in Section 8.1. View More
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