Definitions Accounting Principles and Other Interpretive Matters Clause Samples

This clause establishes the specific meanings of key terms, the accounting standards to be used, and the interpretive guidelines for understanding the agreement. It typically outlines how financial terms should be interpreted according to agreed-upon accounting principles, such as GAAP or IFRS, and clarifies how ambiguities or conflicts in interpretation should be resolved. By doing so, the clause ensures consistency and clarity in the application of the contract, reducing the risk of misunderstandings or disputes over terminology and financial reporting.
Definitions Accounting Principles and Other Interpretive Matters. Definitions. For the purposes of this Agreement: “
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Definitions Accounting Principles and Other Interpretive Matters. Section 1. 1Definitions. For the purposes of this Agreement:
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Definitions Accounting Principles and Other Interpretive Matters. 1 Section 1.1 Definitions 1 Section 1.2 Accounting Principles 36 Section 1.3 Other Interpretive Matters 36
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Definitions Accounting Principles and Other Interpretive Matters 
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Related to Definitions Accounting Principles and Other Interpretive Matters

  • Other Interpretive Matters All terms defined directly or by incorporation in this Indenture shall have the defined meanings when used in any document delivered pursuant thereto unless otherwise defined therein. For purposes of this Indenture, unless the context otherwise requires: (a) accounting terms not otherwise defined herein and accounting terms partly defined herein to the extent not defined, shall have the respective meanings given to them under generally accepted accounting principles; and unless otherwise provided, references to any month, quarter or year refer to a fiscal month, quarter or year as determined in accordance with the fiscal calendar of General Electric Company; (b) unless defined in this Indenture or the context otherwise requires, capitalized terms used in this Indenture which are defined in the UCC shall have the meaning given such term in the UCC; (c) references to any amount as on deposit or outstanding on any particular date means such amount at the close of business on such day; (d) the words “hereof,” “herein” and “hereunder” and words of similar import refer to this Indenture as a whole and not to any particular provision of this Indenture; (e) references to any Section, Schedule or Exhibit are references to Sections, Schedules and Exhibits in or to this Indenture, and references to any paragraph, subsection, clause or other subdivision within any Section or definition refer to such paragraph, subsection, clause or other subdivision of such Section or definition; (f) the term “including” means “including without limitation”; (g) references to any law include the regulations promulgated thereunder; (h) references to any law or regulation refer to that law or regulation as amended from time to time and include any successor law or regulation; (i) references to any agreement refer to that agreement as from time to time amended, restated or supplemented or as the terms of such agreement are waived or modified in accordance with its terms; (j) references to any Person include that Person’s successors and assigns; (k) headings are for purposes of reference only and shall not otherwise affect the meaning or interpretation of any provision hereof; and (l) words in the singular include the plural and words in the plural include the singular.