Profit and Loss Statements definition

Profit and Loss Statements have the meanings set forth in Section 4.5(b).
Sample 1
Profit and Loss Statements means the pro-forma profit and loss statements for the Business, prepared in accordance with GAAP, for each of 2004 and 2005.
Sample 1
Profit and Loss Statements means the profit and loss statement for the Company for the period ending 31 December 1998;
Sample 1

Examples of Profit and Loss Statements in a sentence

  • Within sixty (60) days after the end of each fiscal quarter and within ninety (90) days after the end of each fiscal year of Lessee during the term of this Master Lease, Lessee shall deliver to Lessor yearly Balance Sheets, Profit and Loss Statements and Source and Application of Funds of Lessee certified by the independent public accountants of Lessee or if unaudited, certified to be true and correct by the chief financial officer of Lessee.

  • Accordingly, where Disputes arise out of or in connection with this Agreement and any one or more of the other Transaction Documents a single arbitration may be conducted in respect of these Disputes.

  • Tenant has furnished the Landlord with Profit and Loss Statements and Balance Sheets for the fiscal years ending December 31, 1994, prepared by a Certified Public Accountant.

  • Balance Sheets and Profit and Loss Statements shall be kept in the registered office of the Corporation in this state for at least five (5) years, and shall be subject to inspection during business hours by any Shareholder or holder of voting trust certificates, in person or by agent.

  • All such inventory is of a quality usable and merchantable in the operation of the Stores and is in good repair and condition, ordinary wear and tear excepted, except for obsolete items which have been written off in the Profit and Loss Statements or on the accounting records of the Company as of the Closing Date, as the case may be.

  • The average weekly revenue of the Stores, calculated from December 1, 2002 to the date hereof under the accounting methods set forth in the Profit and Loss Statements, is no less than $2,400,000.

  • Whenever the term "Net Profit" is used in this Agreement, it shall mean the Net Profit as determined by the Company's internal accounting staff pursuant to Profit and Loss Statements relating solely to the Division (P & L Statement), and shall be calculated in accordance with the Company's standard internal cost accounting practices, in effect from time to time.

  • Borrower shall submit its budget for the upcoming year including projected Profit and Loss Statements and a Balance Sheet, said budget to be delivered with Borrower's Year End Financial Statements.

  • Tenant has furnished the Landlord with Profit and Loss Statements and Balance Sheets and related statements, certified by a Certified Public Accountant.

  • Notwithstanding the foregoing, the DPI revenue set forth on the Profit and Loss Statements reflects net commissions.


More Definitions of Profit and Loss Statements

Profit and Loss Statements means the unaudited profit and loss statements for the Vision Centers attached hereto as Schedule 5(f). The Profit and Loss Statements are for the twelve months ended December 31, 1999, June 30, 2000, and December 31, 2000, respectively.
Sample 1
Profit and Loss Statements means the pro-forma profit and loss statements for the Business, prepared on a cash basis, for each of 2010 and 2011.
Sample 1

Related to Profit and Loss Statements

  • Cash Flow Statement means, with respect to any particular Bonds and Auxiliary Obligations, an Authority Certificate (a) setting forth, for the then current and each future Bond Year during which such Bonds and Auxiliary Obligations will be Outstanding, and taking into account (i) any such Bonds expected to be issued or redeemed or purchased for cancellation in each such Bond Year upon or in connection with the filing of such Certificate, (for which purpose, if such Authority Certificate is delivered as of a date prior to a scheduled mandatory tender date for any Adjustable Rate Bonds, the Purchase Price of all such Adjustable Rate Bonds subject to mandatory tender on such tender date shall be assumed to be due and payable on such mandatory tender date), (ii) any such Auxiliary Obligations expected to be incurred upon or in connection with the filing of such Certificate, (iii) the interest rate, purchase price, discount points and other terms of any Related Mortgage Loans, and (iv) the application, withdrawal or transfer of any moneys expected to be applied, withdrawn or transferred upon or in connection with the filing of such Certificate:

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Funds Flow Statement means a funds flow statement in agreed form.

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Accounting Statement means for each financial year, the following statements, namely-

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Operating Statement shall have the meaning set forth in Section 27.1 hereof.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Time.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Financial Statements has the meaning set forth in Section 3.06.

  • Accounting Information means the annual audited consolidated financial statements or, as the case may be, the quarterly unaudited consolidated financial statements, each in respect of the Borrower and the Group, to be provided by the Borrower to the Agent in accordance with Clause 11.6.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Account Statement means a periodic statement of the transactions credited or debited to an Account;

  • Reconciliation Report refers to the Reconciliation Report as referenced in s. 3 of Reg 264/07 under LHSIA.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Statutory Statements means, with respect to any Regulated Insurance Company for any fiscal year, the annual or quarterly financial statements of such Regulated Insurance Company as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Explanatory Statement means the explanatory statement which forms part of the Notice;

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.