Agreement Accounting Principles

Agreement Accounting Principles. Means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 6.4; provided, however, that wherever in this Agreement principles of consolidation different from those required by generally accepted accounting principles are specified, the principles of consolidation specified in this Agreement shall govern.... "Notwithstanding the foregoing, for all financial covenants and definitions used herein, Borrowers will prepare pro forma financial statements to present discontinued operations as if such operations had not been reflected as discontinued during all applicable periods. View More