Common use of Balance Sheets Clause in Contracts

Balance Sheets. (i) The Balance Sheets have been prepared in accordance with GAAP applied on a basis consistent with prior periods, except as described in the notes thereto, which will qualify that the Partnership and the Subsidiaries have been accounted for as part of a consolidated financial group with their affiliates and not as completely separate stand-alone entities.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/), Stock Purchase Agreement (Eex Corp)

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Balance Sheets. (i) The Balance Sheets have been prepared in accordance with GAAP applied on a basis consistent with prior periods, except as described in the notes thereto, which will qualify that the Partnership and the Subsidiaries Reserves LLC have been accounted for as part of a consolidated financial group with their affiliates and not as completely separate stand-alone entities.

Appears in 2 contracts

Samples: Purchase Agreement (Tesoro Petroleum Corp /New/), Purchase Agreement (Eex Corp)

Balance Sheets. (i) The Balance Sheets have been prepared in accordance with GAAP applied on a basis consistent with prior periods, except as described in the notes thereto, which will qualify reflect that the Partnership and the Subsidiaries have been accounted for as part of a consolidated financial group with their affiliates and not as completely separate stand-alone entities.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/), Stock Purchase Agreement (Eex Corp)

Balance Sheets. (i) The Balance Sheets have been prepared in accordance with GAAP applied on a basis consistent with prior periods, except as described in the notes thereto, which will qualify that the Partnership and the Subsidiaries Grande have been accounted for as part of a consolidated financial group with their affiliates and not as completely separate stand-alone entities.

Appears in 2 contracts

Samples: Purchase Agreement (Eex Corp), Purchase Agreement (Tesoro Petroleum Corp /New/)

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Balance Sheets. (i) The Balance Sheets have been prepared in accordance with GAAP applied on a basis consistent with prior periods, except as described in the notes thereto, which will qualify that the Partnership and the Subsidiaries Southeast have been accounted for as part of a consolidated financial group with their affiliates and not as completely separate stand-alone entities.

Appears in 2 contracts

Samples: Purchase Agreement (Eex Corp), Purchase Agreement (Tesoro Petroleum Corp /New/)

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