Financial Overview Sample Clauses

Financial Overview. Xxxxxxx Metall has been able to maintain a strong EBITDA-margin amid relatively though market conditions. There have been overall market downturns in key sectors such as offshore, mining, oil & gas which have had severe top line impact and lowered profitability. During 2015/16 Xxxxxxx Metall divested its operations in the US and Romania. The reason for the divestment was a strategic management decision where all brass (Sw. Mässing) related production where divested to focus on bronze production. Selected financials of the group Source: Xxxxxxx Metall AB annual reports
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Financial Overview. By looking to expand the business by approximately 5% per month, we have forecasted strong sales in the first year, following by improving this into years two and three. Sales for Year 1 are forecasted at £85,348. This is based upon slowly developing the business by capturing additional customers each month. These forecasted figures are based on the propensity to buy in the area, whilst including other factors such as the footfall on the main high street and being able to capture customers from our competitors. Even by Year 3 we are well below saturation point in terms of number of customer transactions per month, and feel that even Year 1 could be relatively conservative. By the end of Year 3 we are expecting sales for the year to be £275,275 with a Net Profit of £159,775. To ensure there is sufficient working capital available in the first years of trading, only the minimum amount is being drawn down from the business. Year 09/10 Year 10/11 Year 11/12 Receipts 100348 153293 275275 Payments 92790 100624 133896 Net Cash Flow 7558 52669 141379 Bank Balance 7558 60227 201606 Year 09/10 Year 10/11 Year 11/12 Sales 85348 153293 275275 Direct Costs 27165 48682 87421 Gross Profit 00000 000000 000000 Overheads 00000 00000 00000 Net Profit 1.3 Vision Statement 20518 71060 159521 We believe that by providing premium sandwiches, but by pricing our products competitively, we can offer customers the best of both worlds : quality and price. By sourcing the best local ingredients we feel we can offer our customers the best of local produce for their sandwiches, and also tap into the current want by consumers to support their local businesses. Ultimately, we want to be known as the best sandwich shop in the North East, and well renowned for supporting local food providers, farmers and growers.
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Financial Overview. By looking to expand the business by approximately 5% per month, we have forecasted strong sales in the first year, following by improving this into years two and three. Sales for Year 1 are forecasted at £85,348. This is based upon slowly developing the business by capturing additional customers each month. These forecasted figures are based on the propensity to buy in the area, whilst including other factors such as the footfall on the main high street and being able to capture customers from our competitors. Even by Year 3 we are well below saturation point in terms of number of customer transactions per month, and feel that even Year 1 could be relatively conservative. By the end of Year 3 we are expecting sales for the year to be £275,275 with a Net Profit of £159,775. To ensure there is sufficient working capital available in the first years of trading, only the minimum amount is being drawn down from the business. Year 09/10 Year 10/11 Year 11/12 Receipts 100348 153293 275275 Payments 92790 100624 133896 Net Cash Flow 7558 52669 141379 Bank Balance 7558 60227 201606 Year 09/10 Year 10/11 Year 11/12 Sales 85348 153293 275275 Direct Costs 27165 48682 87421 Gross Profit 00000 000000 000000 Overheads 00000 00000 00000 Net Profit 20518 71060 159521
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Financial Overview. In consideration of Everside’s responsibilities under this Agreement, Client shall pay to Everside the amount described in Section 5.2 of this Agreement during the Initial Term and any Renewal Terms. Everside shall be responsible for paying Everside PC for its services out of the amounts that Client pays to Everside. Client shall also be responsible for the following expenses associated with the Everside Health Center (collectively, “Other Expenses”):
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Financial Overview. Tuition fees The following fees limits will apply for all full-time home (including EU) students enrolling on an undergraduate or postgraduate programme from September 2018. This is an assumed fee awaiting Government confirmation and may increase for new entrants to the revised maximum fee. Type of provision Max Fee 2018/19 Anticipated student numbers 2018/19 All three year undergraduate honours and foundation degree programmes full-time2 £9,250 858 Foundation degrees – Work Based Learning £6,000 18 Postgraduate Initial Teacher Training £9,250 162 Please note that continuing students will be charged the fee that they commenced the programme on, plus an increase for inflation where confirmed by Government. Total student numbers by fee category are detailed on the OFFA spreadsheets. Part-time entrants Part time students will pay a percentage of the fees above dependent on their attendance pattern. The maximum part-time fee that a student will pay will not exceed the maximum fee cap and the University commits to spend an appropriate proportion of any income from part- time fees above the basic fee level on access measures. Franchised courses The University has franchise arrangements with two UK Further Education Colleges, Exeter College and Xxxxxxx Xxxxx College and works collaboratively with a private provider. Tuition fees are not expected to exceed: Type of provision Max Fee p.a. Anticipated Student Numbers p.a. across all years Foundation Degrees and other ‘sub- degree’ programmes full-time (Exeter College) £7,995 24 Foundation and Top-up Degrees (Xxxxxxx Xxxxx College) £5,995 20 Degrees (DbS Music) £9,250 277 The fee limits for 2018/19 will apply throughout the student’s programme of study, subject only to an annual inflation-related rise or other Governmental decisions.
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Financial Overview. In consideration of Everside’s responsibilities under this Agreement, Client shall pay to Everside the Fees described in Article 5 of this Agreement during the Initial Term and any Renewal Terms. Everside shall be responsible for paying Everside PC for its services out of the amounts that Client pays to Everside. Per section 3.2(m), Everside will also pay to GrantsPlus a total amount of Thirty Thousand Dollars ($30,000) for services that Grants Plus may provide to Client in connection with the Everside Health Center.
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Financial Overview. Total NRE for the project, per the January 12, 2000 quotation was quoted at $163,268. . $10,518 is budgted for Test fixture materials. The remaining $152,750 was budgeted as labor. . On January 14, 2000, it was agreed to reduce the labor by $1575. The new NRE totals are: $161,693 total, $151,175 labor. . Labor to support the acitivities described in this project are billed out at the following rates: . Project Director $ 0 . Quality Engineer $ 0 . Manufacturing Engineer $105 . Test Engineer $105 . Material Coordinator $ 0 . Technician $ 55 . Document Tech $ 55 . PCB Designer $ 65 . Drafting $ 55 . In the event of a scope change, the billing rate for the Quality Engineer will be $105 per hour for efforts to support the scope change only. . Project RedButte is a fixed price project. SeaMED will invoice Xxxx monthly for the amount of work performed until the fixed price limit is reached. Payments are not based on milestones.
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Financial Overview. Land O’Lakes operates in five segments: Dairy Foods, Feed, Seed, Agronomy and Layers. Dairy Foods develops, produces, markets and sells a variety of premium butter, spreads, cheese and other related dairy products. Feed develops, produces, markets and distributes animal feed to both the lifestyle and livestock animal markets. Seed develops, markets and sells seed for a variety of crops, including alfalfa, corn, soybeans and forage and turf grasses. Agronomy primarily consists of the operations of Winfield Solutions, LLC, which distributes crop protection products including herbicides, pesticides, fungicides and adjuvant. Layers produces and markets shell eggs.
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Financial Overview 
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Related to Financial Overview

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

  • Financial 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to:

  • Statement of Operations d. Statement of Changes in Net Assets.

  • Financial Report The Company shall furnish to the Administrative Agent (for delivery to each of the Lenders):

  • Financial Condition of the Borrower The Loans may be made to the Borrower without notice to or authorization from any Guarantor regardless of the financial or other condition of the Borrower at the time of such grant. Each Guarantor has adequate means to obtain information from the Borrower on a continuing basis concerning the financial condition of the Borrower and its ability to perform its obligations under the Loan Documents, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of the Borrower and of all circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations.

  • FINANCIAL COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligation to issue, extend or renew any Letters of Credit:

  • Financial Audit The School shall submit audited financial statements from an independent auditor to the Authorizer no later than November 1 of each year.

  • Financial Ability Each of the Buyer Parties acknowledges that its obligation to consummate the transactions contemplated by this Agreement and the Brewery Transaction is not and will not be subject to the receipt by any Buyer Party of any financing or the consummation of any other transaction other than the occurrence of the GM Transaction Closing and, in the case of the Brewery Transaction, the consummation of the transactions contemplated by this Agreement. The Buyer Parties have delivered to ABI a true, complete and correct copy of the executed definitive Second Amended and Restated Interim Loan Agreement, dated as of February 13, 2013, among Bank of America, N.A. (“Bank of America”), JPMorgan Chase Bank N.A. (“JPMorgan”) and CBI (collectively, the “Financing Commitment”), pursuant to which, upon the terms and subject to the conditions set forth therein, the lenders party thereto have committed to lend the amounts set forth therein (the “Financing”) for the purpose of funding the transactions contemplated by this Agreement and the Brewery Transaction. The Buyer Parties have delivered to ABI true, complete and correct copies of the fee letter and engagement letters relating to the Financing Commitment (redacted only as to the matters indicated therein), the Financing Commitment has not been amended or modified prior to the date of this Agreement, and, as of the date hereof, the respective commitments contained in the Financing Commitment have not been withdrawn, terminated or rescinded in any respect. There are no agreements, side letters or arrangements to which CBI or any of its Affiliates is a party relating to the Financing Commitment that could affect the availability of the Financing. The Financing Commitment constitutes the legally valid and binding obligation of CBI and, to the Knowledge of CBI, the other parties thereto, enforceable in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights, and by general equitable principles). The Financing Commitment is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended or modified in any respect, and no such amendment or modification is contemplated. Neither CBI nor any of its Affiliates is in breach of any of the terms or conditions set forth in the Financing Commitment, and assuming the accuracy of the representations and warranties set forth in Article 4 and performance by ABI of its obligations under this Agreement and the Brewery SPA, as of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would reasonably be expected to constitute a breach, default or failure to satisfy any condition precedent set forth therein. As of the date hereof, no lender has notified CBI of its intention to terminate the Financing Commitment or not to provide the Financing. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Financing Commitment. The aggregate proceeds available to be disbursed pursuant to the Financing Commitment, together with available cash on hand and availability under CBI’s existing credit facility, will be sufficient for the Buyer Parties to pay the Purchase Price hereunder and under the Brewery SPA and all related fees and expenses on the terms contemplated hereby and thereby in accordance with the terms of this Agreement and the Brewery SPA. As of the date hereof, CBI has paid in full any and all commitment or other fees required by the Financing Commitment that are due as of the date hereof. As of the date hereof, the Buyer Parties have no reason to believe that CBI and any of its applicable Affiliates will be unable to satisfy on a timely basis any conditions to the funding of the full amount of the Financing, or that the Financing will not be available to CBI on the Closing Date.

  • Financial Reports Borrower shall furnish to Agent the financial statements and reports listed hereinafter (the “Financial Statements”):

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