Definitions Accounting Terms Etc Sample Clauses

The "Definitions, Accounting Terms, Etc" clause establishes the specific meanings of key terms and accounting concepts used throughout the agreement. It typically clarifies how certain words, phrases, or financial metrics should be interpreted, often referencing standard accounting principles or providing custom definitions tailored to the contract. By doing so, this clause ensures that all parties have a shared understanding of important terminology, reducing the risk of misunderstandings or disputes over interpretation during the contract's execution.
Definitions Accounting Terms Etc. 1 SECTION 1.01. Certain Defined Terms 1 SECTION 1.02. Construction of Certain Terms 13 SECTION 1.03. General Interpretation 14 SECTION 1.04. Computation of Time Periods 14 SECTION 1.05. Accounting Terms 14 SECTION 1.06. Inconsistency Between this Agreement and Other Loan Documents 14 ARTICLE II THE LOAN 14 SECTION 2.01. The Loan 14 SECTION 2.02. Drawdown Procedure. 14 SECTION 2.03. Advance of Loan Proceeds. 14 SECTION 2.04. The Note 15 SECTION 2.05. Repayment of Principal and Interest 15 ARTICLE III PAYMENT PROVISIONS 15 SECTION 3.01. Payments and Computations 15 SECTION 3.02. Liens; Setoff. 16 SECTION 3.03. Prepayment. 17 ARTICLE IV SECURITY 17 SECTION 4.01. Grant of Security Interest 17 SECTION 4.02. Release of Collateral 17 SECTION 4.03. Exercise of Powers of Attorney 18 ARTICLE V CONDITIONS OF BORROWING 18 SECTION 5.01. Conditions Precedent to the Funding of the Loan 18 SECTION 5.02. Conditions Subsequent 19 ARTICLE VI REPRESENTATIONS AND WARRANTIES 20 SECTION 6.01. Representations and Warranties 20 ARTICLE VII COVENANTS OF BORROWERS 23 SECTION 7.01. Affirmative Covenants 23 SECTION 7.02. Negative Covenants 33 ARTICLE VIII EVENTS OF DEFAULT; REMEDIES 35 SECTION 8.01. Events of Default; Remedies. 35 SECTION 8.02. Additional Rights. 37 ARTICLE IX MISCELLANEOUS 38 SECTION 9.01. Amendments, etc 38 SECTION 9.02. Notices, etc. 38 SECTION 9.03. GOVERNING LAW 39 SECTION 9.04. Consent to Jurisdiction; Service of Process; Waiver of Venue 39 SECTION 9.05. No Remedy Exclusive 39 SECTION 9.06. Payment of Costs 39 SECTION 9.07. Further Assurances 40 SECTION 9.08. Counterparts 40 SECTION 9.09. Headings 40 SECTION 9.10. Severability 40 SECTION 9.11. Survival 40 SECTION 9.12. WAIVER OF TRIAL BY JURY 40 SECTION 9.13. Assignment 40 SECTION 9.14. PATRIOT ACT. 41 SECTION 9.15. Currency Indemnity. 41 SECTION 9.16. Exchange Control. 42 SECTION 9.17. Joint and Several. 42
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Definitions Accounting Terms Etc. 1 SECTION 1.01. Certain Defined Terms 1
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Related to Definitions Accounting Terms Etc

  • Definitions and Accounting Terms Section 1.01.

  • Accounting Terms; GAAP Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith.