gaap

Example Definitions of "gaap"
gaap. Generally accepted accounting principles in effect in the United States, provided that if at any time any change in GAAP would affect the computation of any covenant or requirement set forth in any Transaction Document, and either Borrower or any Lender shall so request, Borrower and Lenders shall negotiate in good faith to amend such covenant or requirement to preserve the original intent thereof in light of such change in GAAP; provided, further, that, until so amended (a) such covenant or... requirement shall continue to be computed in accordance with GAAP prior to such change therein and (b) Borrower shall provide Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP, provided, further, that (x) any obligations of a Person under a lease (whether existing now or entered into in the future) that is not (or would not be) a capital lease obligation under GAAP as in effect on the date of this Agreement shall not be treated as a capital lease obligation solely as a result of the adopting of changes in GAAP View More
gaap. Generally accepted accounting principles in the United States of America as defined by the Financial Accounting Standards Board or its successor, as in effect from time to time consistently applied
gaap. United States Generally Accepted Accounting Principles in force from time to time
gaap. Means IFRS, or equivalent in governing jurisdiction.
gaap. For purposes of this Agreement, "GAAP" means generally accepted accounting principles as consistently applied.
gaap. Means generally accepted accounting principles, as applicable at the relevant time.
gaap. United States generally accepted accounting principles and practices in effect from time to time.
gaap. U.S. generally accepted accounting principles, consistently applied, as designated and used by the applicable party from time to time
gaap. Shall mean generally accepted accounting principles and practices as promulgated by the Financial Accounting Standards Board and as in effect in Germany from time to time, consistently applied. Unless otherwise indicated in this Loan Agreement, all accounting terms used in this Loan Agreement shall be construed, and all accounting and financial computations hereunder or thereunder shall be computed, in accordance with GAAP.
gaap. Means generally accepted accounting principles in effect in the United States at the applicable time. GAAP shall be applied by the Parties in a consistent manner.
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