Financial Ability definition

Financial Ability means a provider’s ability to secure and maintain the necessary financial resources to provide services to individuals in compliance with required standards.

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Financial Ability as defined by the College, means the ability to provide from current income, both cash and accrued, the funds necessary to meet current expenses, including current debt payment and reserves, without invading or depleting capital.

Financial Ability means the capacity of a petroleum storage tank owner or operator to finance the performance of corrective action.

Examples of Financial Ability in a sentence

• Evidence of Redeveloper’s Financial Ability to Construct Private Improvements.

• A letter verifying the Financial Ability of Heartland for the total amount of the proposed purchase of Ohio Valley Lumber is to be presented to the Board of Directors of Ohio Valley Lumber.

• REPRESENTATIONS AND WARRANTIES OF PURCHASER 11 Section 3.1. Corporate Organization and Authority of Purchaser 11 Section 3.2. No Conflict 11 Section 3.3. Litigation and Proceedings 12 Section 3.4. Governmental Authorities: Consents 12 Section 3.5. Financial Ability 12 Section 3.6. Brokers’ Fees 12 Section 3.7. Purchaser Acknowledgment 12 ARTICLE IV.

• Evidence of Redeveloper’s Financial Ability to Construct Redeveloper Improvements.

• Financial Ability to Perform.......................................

• REPRESENTATIONS AND WARRANTIES OF PURCHASER 15 TABLE OF CONTENTS (CONTINUED) 3.1 SEC Filings; Financial Statements 15 3.2 Absence of Changes 16 3.3 No Notice of Default 16 3.4 Financial Ability 16 3.5 Brokers 17 3.6 Authority; Binding Nature of Agreement 17 3.7 Non-Contravention; Consents 17 3.8 Due Diligence 17 4.

• Financial Ability to Perform.............................................................23 ARTICLE V.

• REPRESENTATIONS AND WARRANTIES OF ACQUIROR AND MERGER SUB 40 5.1 Organization 40 5.2 Due Authorization 41 5.3 No Conflicts 41 5.4 Litigation and Proceedings 41 5.5 Governmental Authorities; Consents 42 5.6 Financial Ability 42 5.7 Brokers' Fees 42 5.8 Solvency; Surviving Corporation After the Merger 42 ARTICLE VI.

• Section 5.1 Corporate Organization 63 Section 5.2 Due Authorization 63 Section 5.3 No Conflict 63 Section 5.4 Governmental Consents 64 Section 5.5 Financial Ability 64 Section 5.6 Brokers’ Fees 64 Section 5.7 No Additional Representations or Warranties 64 Article VI.

• Section 4.1. Organization of Buyer 37 Section 4.2. Authority of Buyer 37 Section 4.3. No Conflict 37 Section 4.4. Consents and Approvals 37 Section 4.5. Litigation 38 Section 4.6. No Brokers 38 Section 4.7. Investment Intention 38 Section 4.8. No Reliance 38 Section 4.9. Financial Ability 38 Section 4.10.

More Definitions of Financial Ability

Financial Ability means that ability to provide from current income, both cash and accrued, the funds necessary to meet current expenses, including debt payments and sound reserves, without invading or depleting capital. The exigency must be bona fide, must affect the College as a whole, and may be declared only when short-term and limited solutions are not sufficient, and only after alternatives consonant with sound management have been explored or attempted.

Financial Ability as defined by the College, means the ability to provide from current income, both cash and accrued, the funds necessary to meet current expenses, including current debt payment and reserves, without depleting reserve funds to the point of jeopardizing the long- term existence of the college.

Financial Ability means the appli- cant’s capability to pay housing costs. If the household income has not changed subsequent to or as a result of the disaster then the determination is based upon the amount paid for hous- ing before the disaster. If the house- hold income is reduced as a result of the disaster then the applicant will be deemed capable of paying 30 percent of gross post disaster income for housing. When computing financial ability, ex- treme or unusual financial cir- cumstances may be considered by the Regional Director. Financial assistance means cash that may be provided to eligible individuals and households, usually in the form of a check or electronic funds transfer. Functional means an item or home capable of being used for its intended purpose.

Financial Ability means a provider’s ability to secure and maintain the necessary financial resources to provide services

Financial Ability means the capacity of a petroleum storage tank owner or operator to fi- nance the performance of corrective action.