Calculation Principles definition

Calculation Principles means, with respect to calculations under this Indenture for any period, the following principles:
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Calculation Principles means the principles set forth on Exhibit A.
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Calculation Principles means for the purpose of the Incurrence Test that:
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Examples of Calculation Principles in a sentence

  • The Financial Statements (i) were prepared in accordance with GAAP from the books and records of the Seller and Business and (ii) fairly present, in all material respects, the assets to be sold, the liabilities to be assumed and the revenues and direct expenses of the Business as of the dates and for the periods indicated herein, except as otherwise indicated in the Financial Statements and Calculation Principles.

  • The Closing Statement shall be prepared in accordance with the Calculation Principles and the terms hereof.

  • For purposes of clarity, a sample of the Final Closing Net Working Capital as of September 30, 2009, as determined in accordance with the Calculation Principles, is set forth in Schedule 2.6(h).

  • The items set forth on the Closing Statement shall be prepared in accordance with the Calculation Principles and this Agreement.

  • The Benchmark Amount was properly extracted and calculated from the Management Accounts using the same level of prudence as used in the preparation of the Management Accounts, giving effect to the Calculation Principles.


More Definitions of Calculation Principles

Calculation Principles means (a) the accounting principles, procedures, policies, practices, estimates, judgments and methods set forth on Exhibit B and (b) to the extent not specified on Exhibit B, GAAP consistent with the principles, procedures, policies, practices, estimates, judgments and methods applied in preparation of the Balance Sheet. Any inconsistency between the principles of presentation in the Balance Sheet and the principles, procedures, policies, practices, estimates, judgments and methods described on Exhibit B shall be resolved in favor of Exhibit B.
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Calculation Principles shall have the meaning set forth in Section 3.2(g).
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Calculation Principles means the principles set forth in Clause 12.3 (Calculation Principles).
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Calculation Principles means the accounting methods, policies, practices and procedures, with consistent classifications, judgments and estimation methodology, identified in the footnotes set forth in the Financial Adjustment Statement.
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Calculation Principles means the calculation principles pursuant to which the figures for EBITDA for the Reference Period ending on the last day of the period covered by the most recent Financial Statements shall be used when calculating the Current Market Price pursuant to paragraph (c) of such definition (i.e. other than in connection with an IPO or a Change of Control), but adjusted so that (without double counting):
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Calculation Principles means the accounting principles set forth on Schedule 1.1A, as applied on a consistent basis by the Sellers.
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Calculation Principles means the principles for calculation of the Incurrence Test and the Maintenance Test set forth in Clause 14.3 (Calculation Principles).
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