Common use of Underlying Assumptions Clause in Contracts

Underlying Assumptions. The Company has based its proforma financial statements on the following: • Drone Shop, Inc. will have an annual revenue growth rate of 8% per year. • The Owner will acquire $100,000 of debt funds to develop the business. • The loan will have a 10 year term with a 9% interest rate.

Appears in 1 contract

Sources: Confidentiality Agreement

Underlying Assumptions. The Company has based its proforma financial statements on the following: Drone Shop, Inc. will have an annual revenue growth rate of 8% per year. The Owner will acquire $100,000 of debt funds to develop the business. The loan will have a 10 year term with a 9% interest rate.

Appears in 1 contract

Sources: Confidentiality Agreement