Revenue Statement Sample Clauses

Revenue Statement. Within twenty (20) days following request by PSE from time to time, the Company shall deliver to PSE a written statement, certified by the Chief Financial Officer of the Company to be accurate and complete, attesting to: (i) the total Gross Revenues of the Company from and after the date of this Agreement through and including the end of the most recent calendar month, and (ii) the then-current balance in the Revenue Accrual Account, if any (a "Revenue Statement"). The Company shall maintain, at its executive offices, books of account concerning Gross Revenues and credits and debits to the Revenue Accrual Account under this Agreement. Such books of account shall be maintained in accordance with generally accepted accounting principles consistently applied and shall be consistent with the general ledger of the Company. PSE, or a certified public accountant on PSE's behalf may, at PSE's sole expense, examine such books of account solely for the purpose of verifying the accuracy thereof. Such examination may take place during normal business hours, upon reasonable advance written notice, and not more than twice per year; provided, however, that if any such examination of the Company's books of account reveals a discrepancy to PSE's detriment of more than five percent (5%) in the Revenue Accrual Account, then (x) the Company shall pay or reimburse PSE for the auditing expenses incurred in connection with such examination, and (y) PSE shall be entitled thereafter to examine the Company's books of account for such purpose at any time and the Company shall pay the costs of each such examination.
Sample 1
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Revenue Statement. Immediately prior to the Closing, Sellers shall deliver to Buyer a statement of revenue of the Sellers, on a consolidated basis, for the period beginning on January 1, 2020 and ending on the date closest to the Closing, which in no event shall be more than five (5) days prior to the Closing, for which such information is readily available to Seller Parties.
Sample 1
Revenue Statement. Within sixty (60) days after the end of the Claw Back Period, Buyer will prepare in good faith and deliver to Sellers a recurring revenue statement setting forth the Actual Recurring Revenue (the “Revenue Statement”). The Revenue Statement shall be prepared in accordance with GAAP.
Sample 1
Revenue Statement. If the Stock Election is given, Purchaser and the Stockholders' Representative shall have agreed to the Revenue Statement to be attached hereto as Exhibit E which shall be prepared with reference to the procedures set forth on Exhibit F attached hereto.
Sample 1
Revenue Statement. After receipt of a Proposed Revenue Statement, the Stockholders' Representative shall have thirty (30) days to review such Proposed Revenue Statement, together with the workpapers used in its preparation. A Proposed Revenue Statement shall become a final and binding revenue statement (a "Revenue Statement") on the thirtieth (30th) day following receipt thereof by the Stockholders' Representative unless the Stockholders' Representative provides a Notice of Disagreement to Parent within such 30-day period. The Notice of Disagreement shall set forth in reasonable detail the basis for dispute, and the Stockholders' Representative's good faith estimate of the Product Revenue with respect to the applicable Earn-Out Period if the Stockholders' Representative has sufficient information to make a good faith estimate. If a timely Notice of Disagreement is received by Parent, then the parties shall work in good faith to resolve any disputes, and if the parties cannot resolve such disputes within fifteen (15) days after delivery by the Stockholders' Representative of the Notice of Disagreement, the Stockholders' Representative and Parent shall submit any and all revenue recognition and accounting matters that remain in dispute with respect to the Notice of Disagreement to an Independent Accounting Firm for review and resolution. The Stockholders' Representative and Parent shall cause the Independent Accounting Firm to use commercially reasonable efforts to make a final determination (which determination shall be binding on the parties to this Agreement) of the revenue recognition and accounting matters related to Product Revenue within thirty (30) days from such submission and such final determination shall be the Revenue Statement with respect to the revenue recognition and accounting issues for the applicable Earn-Out Period. The cost of the Independent Accounting Firm's review and determination shall be borne solely by Parent if the Independent Accounting Firm determines that Parent owes any Earn-Out Consideration in excess of 102% of the Earn-Out Consideration shown on the applicable Proposed Revenue Statement, and shall be borne solely by the Stockholders' Representative if the Independent Accounting Firm determines that Parent does not owe any Earn-Out Consideration in excess of 102% of the Earn-Out Consideration shown on the applicable Proposed Revenue Statement. The Stockholders' Representative and
Sample 1
Revenue Statement. 28.3.1 During the Operation Period, the Concessionaire shall furnish to the Authority, within 7 (seven) days of completion of each month, a statement of the Transmission Tariff and other receipts from Additional Capacity and the Revenue Share from Additional Capacity, substantially in the form set forth in Schedule-R (the “Revenue Statement for Additional Capacity”). The Concessionaire shall also furnish to the Authority such other information as the Authority may reasonably require, at specified intervals, in discharge of its statutory functions and contractual rights hereunder.
Sample 1
Revenue Statement. 29.9.1 During the Operation Period, the Concessionaire shall furnish to the Authority, within 7 (seven) days of completion of each month, a statement of gross revenues received from Other Business, substantially in the form set forth in Schedule-S (the “Revenue Statement for Other Business”). The Concessionaire shall also furnish to the Authority such other information as the Authority may reasonably require, at specified intervals, in discharge of its statutory functions and exercise of its contractual rights hereunder.
Sample 1
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Revenue Statement. Seller has delivered to Buyer copies of Seller's unaudited statement of revenues (the "Revenue Statement"), for Seller's fiscal year ended December 31, 1996 (the "Statement Date"). The Revenue Statement, a copy of which is attached hereto as SCHEDULE 2.4, is true, correct and complete in all material respects and present fairly and fully the revenues from the operation of the Business for the respective period indicated, and has been prepared in accordance with generally accepted accounting principles as promulgated by the American Institute of Certified Public Accountants ("GAAP") applied on a consistent basis, except as noted therein. The Revenue Statement includes all adjustments which are necessary for a fair presentation of Seller's revenue for that period.
Sample 1
Revenue Statement. Within 90 days after completion of each of the Measurement Period, the First Contingent Consideration Period and the Second Contingent Consideration Period, Parent will cause to be prepared and delivered to the Seller Representative a certificate (each, a “Revenue Statement”) setting forth the Achieved Revenue for such period and, with respect to the Revenue Statement delivered following completion of the First Contingent Consideration Period and the Second Contingent Consideration Period, the amount of any Contingent Consideration due and payable by Parent to the Participating Securityholders (in the aggregate) in respect of such period.
Sample 1

Related to Revenue Statement

  • Problem Statement School bus fleets are aging, and our communities have poor air quality. Replacing school buses with zero emission school buses will address both of these issues.

  • Closing Statement (a) At least five (5) business days prior to the Closing Date, the Company shall submit to Buyer a written statement of estimated Current Assets and Current Liabilities as of the last day of the month immediately preceding the Closing Date (the "Estimated Closing Statement") containing the Company's good faith estimate of the Net Working Capital Amount (the "Estimated Net Working Capital Amount"), which shall reflect the items required to be set forth in, and be prepared in a manner consistent with the preparation of, the Closing Statement, in each case in accordance with Section 4.6(b); provided, however, that for purposes of the Estimated Net Working Capital Amount, the parties hereto agree that 50% of the amount of Fuel Sensor Damages (x) actually expended by Parent or the Company from March 1, 2011 through the last day of the month immediately preceding the Closing Date and (y) accrued as current liabilities on the Estimated Closing Statement, shall be added as a credit to the estimated Net Working Capital Amount set forth on the Estimated Closing Statement. Commencing with the Company's delivery of the Estimated Closing Statement to Buyer, Buyer shall have reasonable access to the books and records and personnel of the Company and the opportunity to consult with the Company for purposes of confirming or disputing the Estimated Net Working Capital Amount. If Buyer shall disagree, in good faith, with any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount, then Buyer and the Company shall work, in good faith, to reach agreement on such disputed items and the amounts as agreed to by Buyer and the Company shall constitute the Estimated Net Working Capital Amount. Notwithstanding the foregoing, Buyer's agreement with the Estimated Net Working Capital Amount (or any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount) shall not foreclose, prevent, limit or preclude any rights or remedy of Buyer set forth in this Agreement. If the Estimated Net Working Capital Amount is less than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be reduced by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount. If the Estimated Net Working Capital Amount is more than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be increased by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount.

  • Final Statement Not later than 56 days after the issue of the Defects Liability Certificate pursuant to Sub-Clause 62.1, the Contractor shall submit to the Engineer for consideration a draft final statement with supporting documents showing in detail, in the form approved by the Engineer; The final value of all work done in accordance with the Contract; Any further sums which the Contractor considers to be due to him. If the Engineer disagrees with or cannot verify any part of the draft final statement, the Contractor shall submit such further information as the Engineer may reasonable require and shall make such changes in the draft as may be required. SUBCLAUSE 60.7– DISCHARGE Upon submission of the Final Statement, the Contractor shall give to the Employer, with a copy to the Engineer, a written discharge confirming that the total of the Final statement represents full and final settlement of all monies due to the Contractor arising out of or in respect of the Contract. Provided that such discharge shall become effective only after payment under the Final Payment Certificate issued pursuant to Sub-Clause 60.8 has been made and the Performance Security referred to in Sub-Clause 10.1 has been returned to the Contractor. SUBCLAUSE 60.8 – FINAL PAYMENT CERTIFICATE Upon acceptance of the Final Statement as given in Sub-Clause 60.6, the Engineer shall prepare a Final Payment Certificate which shall be delivered to the Contractor's authorized agent or representative for his signature. The Final Payment Certificate shall state: The final value of all work done in accordance with the Contract; After giving credit to the Employer for all amounts previously paid by the Employer, the balance, if any, due from the Employer to the Contractor or the Contractor to the Employer. Final Certificate shall be issued for any sum due to the Contractor even if such is less than the sum named in the Appendix to the Form of BID. SUBCLAUSE 60.9– CESSATION OF EMPLOYERS LIABILITY unless the Contractor notifies the Engineer of his objection to the Final Certificate within fourteen days of delivery thereof he shall be deemed to have agreed that he accepts the total Contract Price as set out in the Final Certificate as full settlement for all Work Done under the Contract including any variations and omissions thereof but excluding any variations and claims previously made in writing. SUBCLAUSE 60.10 – TIME FOR PAYMENT The amount due to the Contractor under any Interim Payment Certificate or Final Payment Certificate issued pursuant to this Clause or to any other term of the Contract, shall, subject to Clause 47, be paid by the Employer to the Contractor as follows:

  • Purpose Statement Abuse of drugs and alcohol is a nationwide problem. It affects persons of every age, race, sex and ethnic group. It poses risks to the health and safety of employees of the City of Minneapolis and to the public. To reduce those risks, the City has adopted this LOA concerning drugs and alcohol in the workplace. This LOA establishes standards concerning drugs and alcohol which all employees must meet and it establishes a testing procedure to ensure that those standards are met. This drug and alcohol testing LOA is intended to conform to the provisions of the Minnesota Drug and Alcohol Testing in the Workplace Act (Minnesota Statutes §181.950 through 181.957), as well as the requirements of the federal Drug-Free Workplace Act of 1988 (Public Law 100-690, Title V, Subtitle D) and related federal regulations. Nothing in this LOA shall be construed as a limitation upon the Employer's obligation to comply with federal law and regulations regarding drug and alcohol testing. The Human Resources Director is directed to develop and maintain procedures for the implementation and ongoing maintenance of this LOA and to establish training on this LOA and applicable law.

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Annual Statement The Plan Administrator shall provide to the Executive, within one hundred twenty (120) days after the end of each Plan Year, a statement setting forth the benefits to be distributed under this Agreement.

  • Earning Statement The Company will make generally available to its security holders and the Representatives as soon as practicable an earning statement that satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 of the Commission promulgated thereunder covering a period of at least twelve months beginning with the first fiscal quarter of the Company occurring after the “effective date” (as defined in Rule 158) of the Registration Statement.

  • Final Report The goal of this subtask is to prepare a comprehensive Final Report that describes the original purpose, approach, results, and conclusions of the work performed under this Agreement. The CAM will review the Final Report, which will be due at least two months before the Agreement end date. When creating the Final Report Outline and the Final Report, the Recipient must use the Style Manual provided by the CAM.

  • 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:

  • Periodic Statement Each month we will send you a periodic statement for each Credit Card account you have with us covering the previous billing period. We may not send you a statement if your balance is zero and there were no transactions during the billing period. The statement will have a "Statement Closing Date" and a "Payment Due Date," and will show, among other things, your "Previous Balance," your "New Balance," and your minimum monthly payment, which will be shown as "Minimum Payment Due." The periodic statement is part of this Agreement. If you choose to receive periodic statements electronically, the statements will be deemed to have been sent to you when they are first made available for you to view online.

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