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SWY » Topics » 1.2 Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement .

This excerpt taken from the SWY 8-K filed Jun 7, 2005.

1.2 Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement.

 

Except as otherwise expressly provided in this Agreement, all accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with GAAP. Financial statements, determinations relating to covenants, and other information required to be delivered or determined by Company pursuant to this Agreement shall be prepared or determined in conformity with GAAP as in effect at the time of such preparation or determination.

 

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