Financial Status definition

Financial Status means the Union will not assume any unusual debts nor incur excessive expenses in acquiring these new members. However, expenses involved in certification of new members to the Union shall be negotiated with the group applying for membership; and

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Financial Status means the level of income into which clients are categorized.

Financial Status means profits, losses, revenue, income, earnings, indebtedness, EBITDA, corporate valuation, available cash, or cash flow.

Examples of Financial Status in a sentence

• Vouchers, supporting documentation, Financial Status Reports, and Match Certification Forms should be mailed or emailed to the addresses below.

• DFPS will withhold all or part of any payments to Grantee to offset reimbursement for any unallowable or ineligible expenditure that Grantee has not refunded to DFPS or if financial status reports required under the Financial Status Reports section are not submitted by the due dates.

• Additionally, the Grantee will submit the Financial Status Report (FSR-269A) and the Match Certification Form (B-13A).

• If the contract is subject to federal policy and regulations, record retention may be longer than five years since records must be retained for a period of three years following submission of the final Federal Financial Status Report, if applicable, or three years following the submission of a revised final Federal Financial Status Report.

• DFPS will withhold all or part of any payments to Grantee to offset reimbursement for any unallowable or ineligible expenditure that Grantee has not refunded to DFPS, or if financial status report(s) required under the Financial Status Reports section are not submitted by the due date(s).

• Grantee will email the Financial Status Report (FSR-269A) and the Match Certification Form (B-13A) to the following: ▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇▇▇.▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇▇▇.▇▇▇.

• The System Agency may withhold all or part of any payments to Grantee to offset reimbursement for any unallowable or ineligible expenditure that Grantee has not refunded to the System Agency, or if financial status report(s) required under the Financial Status Reports section are not submitted by the due date(s).

• Records must be retained for a period of three years following submission of the final Federal Financial Status Report, if applicable, or three years following the submission of a revised final Federal Financial Status Report.

• Grantee shall submit a Financial Status Report (FSR) twice per calendar year for the term of the Contract, beginning on the effective date of the Contract through November 30, 2027.

• Grantee shall submit quarterly Financial Status Reports (FSRs) on or before the 30th day following the close of the State fiscal quarter (i.e., December 30th, March 30th, June 30th, and September 30th) using the CMBHS FSRs module.

More Definitions of Financial Status

Financial Status. The average annual turnover from similar jobs, of the quoting firm should not be less than 1 crores in the last three consecutive years. Copies of profit & loss account and balance sheets duly authenticate by a Chartered Accountant for the last three years should be enclosed. If the Local Authorized Dealer of any Manufacturing Company is participating in this Tender, he will allowed to be submit the Manufacturer’s Authorization Certificate, Manufacturer's Companies duly certified Audited Accounts, Copy of Income Tax Return for Last Three Financial Years. Rest document like Affidavit, EMD, TIN No., VAT No., Registration Certificate and Annual Turnover of Rs. 1 Crore for last three consecutive year (2012-13, 2013-14 and 2014-15) of the Firm shall be submitted by Local Authorized Dealer / Firm of his own.

Financial Status. This section should include a narrative report comparing costs incurred to date with the approved Budget. The report should state whether or not the project is progressing within the approved Budget and discuss any proposed changes. Additional Information: Additional information may be required in the progress reports as specified in the Work Statement or Special Conditions.

Financial Status means profits, losses, revenue, income, earnings, indebtedness, EBITDA, or cash flow.

Financial Status means Vianet's annual financial statements for the fiscal year ending December 31, 2001 and the Balance Sheet and Profit and Loss Account of Vianet as of June 30, 2002 as attached in Annex 1 and the trade accounts receivables, trade accounts payables and the cash balance as of the Execution Date.

Financial Status. Bidder must have an average annual turnover of ₹ 1.5 Crore (Rupees One Crore Fifty Lakh only) during the last 03 Financial Years 2020-21, 2021-22 & 2022- 23, for similar products. Turnover Certificate must be duly authenticated by Chartered Accountant of Last Three Financial Years 2020-21, 2021-22 & 2022-23.

Financial Status means the condition (financial or otherwise), business, assets, properties or operations of the Person in question.