Interim Statement Sample Clauses

An Interim Statement clause requires one party to provide a provisional or preliminary report on certain matters before the final statement or report is issued. Typically, this clause applies in contexts such as financial reporting, project management, or ongoing contractual obligations, where updates on progress, expenditures, or performance are needed at set intervals. By mandating interim statements, the clause ensures that all parties remain informed about the current status, enabling timely decision-making and reducing the risk of misunderstandings or surprises at the conclusion of the reporting period.
Interim Statement. While the NSR Royalty remains payable, the Payor shall, not later than thirty (30) days after the end of each calendar quarter, render to the Payee an interim statement of account in reasonable detail which statement shall be accompanied by the payment of the NSR Royalty payable, pursuant to this Option Agreement, for the previous calendar quarter. When all mineral products in any calendar year in which a royalty remains payable, have been sold and the revenues and expenditures determined, the Payor shall, within sixty (60) days after the termination of such calendar year, render a final statement of account in reasonable detail together with the payment of the balance, if any, of the NSR Royalty for such previous calendar year to the Payee. If amounts have been paid in excess of those to which the Payee is entitled under the terms of this agreement in any calendar year, the equivalent amount shall be deducted from the next royalty payment or payments.
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Interim Statement. While the NSR remains payable hereunder, the Payor shall not later than sixty (60) days after the end of each quarter Year, render to the Payee an interim statement of account in reasonable detail which statement shall be accompanied by the payment of the NSR payable, pursuant to the Agreement, for the previous quarter Year. When all mineral products in any calendar Year in which an NSR remains payable, have been sold and the revenues and expenditures determined, the Payor shall, within ninety
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Interim Statement. The Interim Statement is true and complete in all material respects, has been prepared in accordance with accounting principles generally accepted in the United States consistently applied and with the statements of prior years, and fairly reflects the financial condition, of MPA as of the date thereof and the results of operations for the period then ended.
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Interim Statement. As soon a. available after the end of each month, ▇▇▇▇▇▇▇▇'s balance sheet and profit and loss statement for the period ended, prepared by Borrower in form satisfactory to Lender. Additional Requirements. BORROWER TO PROVIDE LENDER WITH MONTHLY BORROWING BASE, All financial reports required to be provided under this Agreement shall be prepared in accordance with GAAP, applied on a consistent basis. and certified by Borrower as being true and correct. Additional Information, Furnish such additional Information and statements, as Lender may request from time to time.
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Related to Interim Statement

  • Interim Statements As soon as available, but in no event later than thirty (30) days after the end of each month, Borrower’s balance sheet and profit and loss statement for the period ended, prepared by Borrower.

  • Review of Financial Statements For a period of three (3) years after the date of this Agreement, the Company, at its expense, shall cause its regularly engaged independent registered public accounting firm to review (but not audit) the Company’s financial statements for each of the three fiscal quarters immediately preceding the announcement of any quarterly financial information.

  • Interim Financial Statements The unaudited consolidated balance sheet of the Borrower and its Consolidated Subsidiaries as of June 30, 2012 and the related unaudited consolidated statements of income and cash flows for the six months then ended fairly present, in conformity with GAAP applied on a basis consistent with the financial statements referred to in subsection (a) of this Section, the consolidated financial position of the Borrower and its Consolidated Subsidiaries as of such date and their consolidated results of operations and cash flows for such six-month period (subject to normal year-end audit adjustments).

  • Financial Statement Audit If, during its fiscal year, Grantee expends less than $750,000 in Federal Awards, Grantee is subject to the following audit requirements: (i) If, during its fiscal year, Grantee expends $500,000 or more in Federal and state Awards, singularly or in any combination, from all sources, Grantee must have a financial statement audit conducted in accordance with the Generally Accepted Government Auditing Standards (GAGAS). Grantee may be subject to additional requirements in PART TWO, PART THREE or Exhibit G based on the Grantee’s risk profile. (ii) If, during its fiscal year, Grantee expends less than $500,000 in Federal and state Awards, singularly or in any combination, from all sources, but expends $300,000 or more in Federal and state Awards, singularly or in any combination, from all sources, Grantee must have a financial statement audit conducted in accordance with the Generally Accepted Auditing Standards (GAAS). (iii) If Grantee is a Local Education Agency (as defined in 34 CFR 77.1), Grantee shall have a financial statement audit conducted in accordance with GAGAS, as required by 23 Ill. Admin. Code 100.110, regardless of the dollar amount of expenditures of Federal and state Awards. (iv) If Grantee does not meet the requirements in subsections 15.3(b) and 15.3(c)(i- iii) but is required to have a financial statement audit conducted based on other regulatory requirements, Grantee must submit those audits for review. (v) Grantee must submit its financial statement audit report packet, as set forth in 44 Ill. Admin. Code 7000.90(h)(2) and the current GATA audit manual, to the Grantee Portal within the earlier of (i) 30 calendar days after receipt of the auditor’s report(s) or (ii) 6 months after the end of the Grantee’s audit period.

  • Monthly Financial Statements As soon as available, but no later than thirty (30) days after the last day of each month, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations for such month certified by a Responsible Officer and in a form acceptable to Bank (the “Monthly Financial Statements”);