Historical financial performance Sample Clauses

Historical financial performance. Considering the submitted audited financial statements are those that are reported within the last three financial years and the latest is not more than eighteen (18) calendar months from the date of the tender document. Confirming the auditor/audit firm has a valid ICPAK Practicing License or equivalent for foreign bidders. Table 1: Mandatory Technical Requirements (against Tender Requirements and Technical Specifications). Verification and consideration of the following: - Criteria KPLC Requirement Bidder’s Offer – Yes or No 1 Valid ISO 9001:2015 certification Applicable for goods manufactured outside Kenya 2 Valid KEBS Xxxxxxx Xxxx of Quality Certificate or KEBs Standardization Xxxx certificate Applicable for goods manufactured in Kenya 3 Type Test reports and certificates from the relevant International or National Testing/Standards Authority or ISO/IEC 17025 accredited independent laboratory for full compliance with Tender Specifications Shall NOT be more than five (5) years old prior to the Date of the Tender document.
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Historical financial performance. Considering the submitted audited financial statements are those that are reported within the last eighteen (18) calendar months from the tender document date. Confirming the auditor/audit firm has a valid ICPAK Practicing License and information Filled under form 3.3 financial
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Historical financial performance. Criteria Compliance Requirements Documents Requirement Single Entity Joint Venture Submission Requirements All Partners Combined Each Partner One Partner Net Worth The minimum requirements to„Pass‟ this criteria is that the must meet requirement not applicable must meet requirement not applicable Section-4: Bidder‟s Qualification: Form FIN - 1 Balance sheets should indicate that the Net Worth of the Bidder (to be obtained from latest audited Balance Sheet/ Form FIN -1: Historical Financial Performance mentioned above) shall be „positive‟.
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Historical financial performance. D Holding Company Obligations and Liquidity Overview... E Appendices............................................................ 4
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Historical financial performance. A summary of the Company's financial results for the fiscal year ended June 30, 1994 through the latest 12-month period ended December 31, 1996 is outlined below: LTM Fiscal Year Ended June 30, -------------------------------------------- ($ in Millions) 12/31/96 1996 1995 1994 -------- ---- ---- ---- Operating Revenues: Power Sales $54.2 $49.8 $39.9 $36.2 Management and O&M Fees 5.2 5.0 4.3 5.7 Other Income 0.9 0.6 0.2 0.3 --- --- --- --- Total Operating Revenues $60.3 $55.4 $44.0 $42.2 Total Operating, General & Admin. and Lease Expenses(2) 31.6 30.4 28.4 29.1 % of Revenues 52.4% 54.8% 64.7% 69.0% Other Income 0.3 0.4 0.2 0.1 EBITDA $29.0 $25.4 $15.7 $13.2 EBITDA Margin 48.1% 45.8% 35.7% 31.2% Add: Boott Leveraged Operating Lease 3.6 3.5 3.5 3.4 --- --- --- --- Adjusted EBITDA $32.6 $28.9 $19.2 $16.6 Adjusted EBITDA Margin 54.1% 52.2% 43.7% 39.3%
Sample 1
Historical financial performance. The tenderer shall include in his tender (Audited balance sheets and optional proofs of additional financial resources) audited balance sheets for the last three years (2019-2021) to demonstrate the current soundness of the tenderer’s financial position and its prospective long term profitability. If these are not yet available for the year 2021, (s)he shall declare them on honour and will have to provide the audited documents as soon as possible. Inaccurate declarations will be a cause of ending the contract, if awarded. The tenderer must also complete the following table of financial data based on his annual accounts, using the annual exchange rates mentioned below: Financial data 2019 [€] 2020 [€] 2021 [€] Annual turnover, excluding this public contract 9 10F7 F Average annual exchange rates 1 ILS = 0.258 EUR 1 ILS = 0.255 EUR 1 ILS 0.262 EUR 1 USD = 0.893 EUR 1 USD = 0.877 EUR 1 USD = 0.848 EUR First name: Place: Last name: Date: Duly authorised to sign this tender on behalf of: Signature and stamp:
Sample 1
Historical financial performance. 226 The tenderer shall include in his tender (Appendix 2 – Audited balance sheets and optional proofs of additional financial resources) audited balance sheets for the last three years (2020-2022) to demonstrate the current soundness of the tenderer’s financial position and its prospective long term profitability. If these are not yet available for the year 2022, (s)he shall declare them on honour and will have to provide the audited documents as soon as possible. Inaccurate declarations will be a cause of ending the contract, if awarded
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Related to Historical financial performance

  • Financial Performance Covenants Notwithstanding anything to the contrary contained in Section 7.01, in the event that Holdings fails to comply with the requirements of the Financial Performance Covenant, until the expiration of the 10th day subsequent to the date the certificate calculating such Financial Performance Covenant is required to be delivered pursuant to Section 5.04(c), Holdings shall have the right to issue Permitted Cure Securities for cash or otherwise receive cash contributions to the capital of Holdings, and, in each case, to contribute any such cash to the capital of the Company (collectively, the “Cure Right”), and upon the receipt by Company of such cash (the “Cure Amount”) pursuant to the exercise by Holdings of such Cure Right and request to the Administrative Agent to effect such recalculation, such Financial Performance Covenant shall be recalculated giving effect to the following pro forma adjustments:

  • Historical Financial Statements The Historical Financial Statements were prepared in conformity with GAAP and fairly present, in all material respects, the financial position, on a consolidated basis, of the Persons described in such financial statements as at the respective dates thereof and the results of operations and cash flows, on a consolidated basis, of the entities described therein for each of the periods then ended, subject, in the case of any such unaudited financial statements, to changes resulting from audit and normal year-end adjustments. As of the Closing Date, neither Holdings nor any of its Subsidiaries has any contingent liability or liability for taxes, long-term lease or unusual forward or long-term commitment that is not reflected in the Historical Financial Statements or the notes thereto and which in any such case is material in relation to the business, operations, properties, assets, condition (financial or otherwise) or prospects of Holdings and any of its Subsidiaries taken as a whole.

  • Financial Statements; Non-GAAP Financial Measures The financial statements included or incorporated by reference in the Registration Statement and the Prospectus, together with the related schedules and notes, present fairly in all material respects the consolidated financial position of the Company and the respective entities to which such financial statements relate (the “Covered Entities”) at the dates indicated and the consolidated statements of operations, stockholders’ equity (deficit) and cash flows of the Covered Entities for the periods specified; said financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“GAAP”) applied on a consistent basis throughout the periods involved. The supporting schedules, if any, present fairly in all material respects in accordance with GAAP the information required to be stated therein. The selected financial data and the summary financial information included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein and have been compiled on a basis consistent with that of the audited financial statements included therein. Any pro forma financial statements and the related notes thereto included in the Registration Statement and the Prospectus present fairly in all material respects the information shown therein, have been prepared in accordance with the Commission’s rules and guidelines with respect to pro forma financial statements and have been properly compiled on the bases described therein, and the assumptions used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the transactions and circumstances referred to therein. Except as included therein, no historical or pro forma financial statements or supporting schedules are required to be included or incorporated by reference in the Registration Statement or the Prospectus under the Securities Act. All disclosures contained in the Registration Statement or the Prospectus, or incorporated by reference, regarding “non-GAAP financial measures” (as such term is defined by the rules and regulations of the Commission) comply in all material respects with Regulation G of the Exchange Act and Item 10 of Regulation S-K of the Securities Act, to the extent applicable. The interactive data in Inline eXtensible Business Reporting Language incorporated by reference in the Registration Statement and the Prospectus, if any, fairly present the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.

  • Financial Position The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders’ equity and cash flows as of and for (a) the fiscal years ended December 31, 2014 and 2013 reported on by Ernst & Young LLP, independent public accountants and (b) the six months ended June 30, 2015. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated subsidiaries as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (b) above.

  • Annual Financials As soon as available and in any event within 90 days after the end of each Fiscal Year, a copy of the annual audit report for such year for the Parent Guarantor and its Consolidated Subsidiaries, including therein Consolidated and consolidating balance sheets of the Parent Guarantor and its Subsidiaries as of the end of such Fiscal Year and Consolidated and consolidating statements of income and a Consolidated and consolidating statement of cash flows of the Parent Guarantor and its Subsidiaries for such Fiscal Year (it being acknowledged that a copy of the annual audit report filed by the Parent Guarantor with the Securities and Exchange Commission shall satisfy the foregoing requirements), in each case accompanied by (x) an unqualified opinion acceptable to the Required Lenders of KPMG LLP, Ernst & Young LLP or other independent public accountants of recognized standing reasonably acceptable to the Administrative Agent, and (y) a report of such independent public accountants as to the Borrower’s internal controls required under Section 404 of the Xxxxxxxx-Xxxxx Act of 2002, but only to the extent the Borrower is subject to Section 404, in each case certified in a manner to which the Required Lenders have not objected, together with (i) a schedule in form reasonably satisfactory to the Administrative Agent of the computations used by such accountants in determining, as of the end of such Fiscal Year, compliance with the covenants contained in Section 5.04, provided that in the event of any change in GAAP used in the preparation of such financial statements, the Parent Guarantor shall also provide, if necessary for the determination of compliance with Section 5.04, a statement of reconciliation conforming such financial statements to GAAP and (ii) a certificate of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor stating that no Default has occurred and is continuing or, if a Default has occurred and is continuing, a statement as to the nature thereof and the action that the Parent Guarantor has taken and proposes to take with respect thereto.

  • Financials The financial statements, projections and pro forma balance sheet described in Section 5.4.

  • Quarterly Financials To Agent, within forty-five (45) days after the end of the first three Fiscal Quarters of each Fiscal Year, consolidated financial information regarding Parent Borrower and its consolidated Restricted Subsidiaries, certified by a Financial Officer of Parent Borrower, including (i) unaudited balance sheets as of the close of such Fiscal Quarter and (ii) unaudited statements of income and cash flows for such Fiscal Quarter, in each case setting forth in comparative form the figures for the corresponding period in the prior year and the related statements of income and cash flow for that portion of the Fiscal Year ending as of the close of such Fiscal Quarter, all prepared in accordance with GAAP (subject to absence of footnotes and normal year-end adjustments). Such financial information shall be accompanied by (A) a statement in reasonable detail (each, a “Compliance Certificate”) showing the calculations used in determining compliance with the financial covenant set forth in Section 7.10, if applicable, and (B) including the certification of a Financial Officer of Parent Borrower that (i) such financial information fairly presents, in all material respects in accordance with GAAP (except as approved by accountants or officers, as the case may be, and disclosed in reasonable detail therein, including the economic impact of such exception, and subject to normal year-end adjustments and the absence of footnote disclosure), the financial position, results of operations and statements of cash flows of Parent Borrower and its consolidated Restricted Subsidiaries, on a consolidated basis, as at the end of such Fiscal Quarter and for that portion of the Fiscal Year then ended, and (ii) that no Default or Event of Default has occurred and is continuing as of such time or, if a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, Borrowers shall deliver to Agent and Lenders, within forty-five (45) days after the end of each of the first three Fiscal Quarters of each Fiscal Year, a management discussion and analysis that includes a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

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