Common use of Closing Statement Rules Clause in Contracts

Closing Statement Rules. 1.1 Each Closing Statement shall be prepared as follows: 1.1.1 in accordance with the specific accounting treatments set out in paragraph 2 of this Part 2 of Schedule 12; and, subject thereto 1.1.2 adopting the same accounting principles, methods, procedures and practices utilized in preparing the Statement of Net Assets, as detailed in the Statement of Net Asset Rules, applied on a consistent basis using consistent estimation methodologies and judgments and with consistent classifications as were used to prepare the Statement of Net Assets; and subject thereto 1.1.3 in accordance with IFRS. 1.2 For the avoidance of doubt, paragraph 1. 1.1 shall take precedence over paragraphs 1.1.2 and 1.1.3, and paragraph 1.1.2 shall take precedence over paragraph 1.1.3.

Closing Statement Rules. 1.1 Each The Closing Statement shall be prepared as follows: 1.1.1 in accordance with the specific accounting treatments set out in paragraph 2 of this Part 2 of Schedule 1214; and, subject thereto 1.1.2 adopting the same accounting principles, methods, procedures and practices utilized in preparing the Statement of Net Assets, as detailed in the Statement of Net Asset Rules, applied on a consistent basis using consistent estimation methodologies and judgments and with consistent classifications as were used to prepare the Statement of Net Assets; and subject thereto 1.1.3 in accordance with IFRS. 1.2 For the avoidance of doubt, paragraph 1. 1.1 1.1.1 shall take precedence over paragraphs 1.1.2 and 1.1.3, and paragraph 1.1.2 shall take precedence over paragraph 1.1.3.

Closing Statement Rules. 1.1 Each The Closing Statement shall be prepared as follows: 1.1.1 in accordance with the specific accounting treatments set out in paragraph 2 of this Part 2 of Schedule 1216; and, subject thereto 1.1.2 adopting the same accounting principles, methods, procedures and practices utilized in preparing the Statement of Net Assets, as detailed in the Statement of Net Asset Rules, applied on a consistent basis using consistent estimation methodologies and judgments and with consistent classifications as were used to prepare the Statement of Net Assets; and subject thereto 1.1.3 in accordance with IFRS. 1.2 For the avoidance of doubt, paragraph 1. 1.1 1.1.1 shall take precedence over paragraphs 1.1.2 and 1.1.3, and paragraph 1.1.2 shall take precedence over paragraph 1.1.3.