Balance Sheet Principles means, collectively, the Accounting Principles and the additional rules set forth on Schedule 1.1(a); provided, that in the event of a conflict between the Accounting Principles and the rules set forth on Schedule 1.1(a), the rules set forth on Schedule 1.1(a) apply.

Balance Sheet Principles has the meaning specified in Section 2.3(2).

Balance Sheet Principles mean the principles identified in the Framework Agreement or if no specific principle thereunder applies, then according to the following general principles consistently applied: with respect to each balance sheet item (including reserves) on the Consolidated Balance Sheet, any items clearly identifiable as primarily relating to the Northern Business will be allocated to the balance sheet as of January 31, 2004 for the Northern Business required to be attached to the Stock Purchase Agreement and any items clearly identifiable as primarily relating to the Southern Business will be allocated to the Balance Sheet. Any items that cannot be so identified or that relate to the Business generally will be split between the balance sheets in the Agreed Sharing Proportion. Assets and liabilities relating to the CN States will be shown as Net Assets Held for Sale on the Balance Sheet.

Examples of Balance Sheet Principles in a sentence

The Related Financials fairly present, in conformity with GAAP applied on a consistent basis (as modified by the Balance Sheet Principles), the results of operations of the Southern Business for the period ended the Balance Sheet Date.
The Balance Sheet fairly presents, in conformity with GAAP applied on a consistent basis (as modified by the Balance Sheet Principles), the financial position of the Southern Business as of the Balance Sheet Date.
In performing their review, the Accountants shall apply the Balance Sheet Principles and determine the accurate application of the Balance Sheet Principles to only those items or amounts in the Closing Net Capital Statement and the calculation of Closing Net Capital as to which Seller has, in the Seller Objection Notice, disagreed.
The Audited Financial Statements will be prepared on a basis consistent with the Balance Sheet and Related Financials and in accordance with United States Generally Accepted Accounting Principles (“GAAP”) and adhering to the Balance Sheet Principles.
The Audited Financial Statements, when delivered, shall fairly present in accordance with GAAP (as modified by the Balance Sheet Principles) the financial position of the Southern Business as of the Balance Sheet Date and the Southern Business's results of operations and cash flows for the period then ended.

More Definitions of Balance Sheet Principles

Balance Sheet Principles means the accounting principles set forth on Exhibit “D”.

Balance Sheet Principles the accounting principles, methodologies, policies and practices set forth in Schedule 1.3(a) of the Disclosure Letter.

Balance Sheet Principles has the meaning ascribed to such term in Section 4.3(a).

Balance Sheet Principles shall have the meaning set forth in Section 1.05(d).

Balance Sheet Principles mean the accounting principles, methodologies, policies and practices set forth on Exhibit G hereto.

Balance Sheet Principles means, collectively, the Accounting Principles and the additional rules set forth onSchedule 1.1(a); provided, that in the event of a conflict between the Accounting Principles and the rules set forth on Schedule 1.1(a), the rules set forth on Schedule 1.1(a) apply.

Balance Sheet Principles. Section 1.1