Common use of Underlying Assumptions Clause in Contracts

Underlying Assumptions. The Company has based its proforma financial statements on the following:  Titan Roof Tiles, Inc. will settle most short term payables at the end of the month.  The Parent Company will inject $847,000 of capital into the business to launch operations.  The Company will have an average annual growth rate of 70% per year.

Underlying Assumptions. The Company has based its proforma financial statements on the following:  • Titan Roof Tiles, Inc. will settle most short term payables at the end of the month.  • The Parent Company will inject $847,000 of capital into the business to launch operations.  • The Company will have an average annual growth rate of 70% per year.