Common use of Accounting Principles Clause in Contracts

Accounting Principles. 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, the same shall be done in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 67 contracts

Sources: Security Agreement (World Acceptance Corp), Security Agreement (World Acceptance Corp), Security Agreement (World Acceptance Corp)

Accounting Principles. 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, the same shall be done determined or made in accordance with GAAPGAAP consistently applied at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 26 contracts

Sources: Inventory Loan and Security Agreement (Diamond Resorts Corp), Inventory Loan and Security Agreement (Diamond Resorts Corp), Loan and Security Agreement (Silverleaf Resorts Inc)

Accounting Principles. 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, the same it shall be done done, unless otherwise specified herein, in accordance with GAAP. Furthermore, all financial statements required to the extent applicable, except where such principles are inconsistent be delivered hereunder shall be prepared in accordance with the requirements of this AgreementGAAP.

Appears in 8 contracts

Sources: Secured Convertible Note Purchase Agreement (724 Solutions Inc), Secured Convertible Note Purchase Agreement (Austin Ventures Vi L P), Secured Convertible Note Purchase Agreement (Austin Ventures Vi L P)

Accounting Principles. 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, the same shall be done in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 5 contracts

Sources: Convertible Note Agreement (Vision Twenty One Inc), Convertible Note Agreement (Solpower Corp), Note Agreement (Soy Environmental Products Inc)

Accounting Principles. 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, the same shall be done in accordance with GAAPGAAP as applied by the Company, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 3 contracts

Sources: Debenture Purchase Agreement (Altris Software Inc), Convertible Preferred Stock Purchase Agreement (Vista Information Solutions Inc), Convertible Preferred Stock Purchase Agreement (Altris Software Inc)

Accounting Principles. Where the character or amount of any asset 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, the same this shall be done in accordance with GAAPU.S. GAAP at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 3 contracts

Sources: Common Unit Purchase Agreement (Ensource Energy Income Fund LP), Securities Subscription Agreement (Paging Network Do Brazil Sa), Stockholders Agreement (Wright Medical Group Inc)

Accounting Principles. 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, the same shall be done in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement. .

Appears in 3 contracts

Sources: Security Agreement (World Acceptance Corp), Note Agreement (Carter Wallace Inc /De/), Note Agreement (World Acceptance Corp)

Accounting Principles. 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, Agreement the same shall be done in accordance with GAAP, to the extent applicable, except (i) that audit adjustments shall be effective as of the related period and not as of the period made, and (ii) where such principles are inconsistent with the requirements of this Agreement.

Appears in 2 contracts

Sources: Note Purchase Agreement (Crown Pacific Partners L P), Note Purchase Agreement (Crown Pacific Partners L P)

Accounting Principles. 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, the same this shall be done in accordance with GAAPGAAP at the time of effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 2 contracts

Sources: Note Agreement (Acr Group Inc), Loan Agreement (Arabian American Development Co)

Accounting Principles. 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, the same shall be done determined or made in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 1 contract

Sources: Loan and Security Agreement (Signature Resorts Inc)

Accounting Principles. Where the character or amount of any asset 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, the same it shall be done in accordance with GAAPGAAP at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 1 contract

Sources: Securities Purchase Agreement (Visible Genetics Inc)

Accounting Principles. Where the character or amount of any asset 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, the same this shall be done in accordance with GAAPGAAP at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 1 contract

Sources: Stockholders' Agreement (Medicines Co/ Ma)

Accounting Principles. Where the character or amount of any asset or liability or item of income or expense is required to be determined determined, or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, the same shall be done in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement.

Appears in 1 contract

Sources: Unit Purchase and Agency Agreement (Ilinc Communications Inc)

Accounting Principles. 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, the same shall be done determined or made in accordance with GAAPGAAP consistently applied at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement, in which event the provisions of this Agreement and not GAAP shall apply.

Appears in 1 contract

Sources: Loan and Security Agreement (Atlantic Coast Entertainment Holdings Inc)

Accounting Principles. 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 AgreementAgreement or the Note, the same it shall be done in accordance with GAAPGAAP at the time in effect, to the extent applicable, except where such principles are inconsistent with the requirements of this AgreementAgreement or the Note.

Appears in 1 contract

Sources: Credit Agreement (Emeritus Corp\wa\)

Accounting Principles. 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, the same shall be done done, unless specified otherwise, in accordance with GAAP, to the extent applicable, except where such principles are inconsistent with the requirements of this Agreement. Each accounting term not herein defined shall have the meaning given to it under GAAP.

Appears in 1 contract

Sources: Note Purchase Agreement (International Total Services Inc)