Financially sound definition

Financially sound means a determination by the department that the wholesaler or unclassified acquirer is able to pay the tax due on the tobacco products it sells, imports, or acquires, as applicable, in the ordinary course of business based on criteria including, but not limited to, all of the following:

Financially sound means a determination by the department that the wholesaler or unclassified acquirer is able to pay for its stamps in the ordinary course of business based on criteria including, but not limited to, all of the following:

Financially sound means a charter school that has demonstrated, over a period of time determined by the authority, but not less than 24 months immediately preceding the submission of the application, that it has operated as a financially capable concern in California, as measured by criteria established by the authority. A charter school that cannot demonstrate that it has been a financially capable concern for at least 24 months immediately preceding the submission of the application, due solely to not having operated as a charter school for at least 24 months, may meet this 24-month requirement if the charter school is managed by staff who have at least 24 months of documented experience, as measured by criteria established by the authority and the charter school has an educational plan, financial resources, facilities expertise, management expertise, and has been a financially capable concern for at least 24 months, as established by the authority.

Examples of Financially sound in a sentence

• Financially sound party with excellent business record could get higher marksa) Annual turnover for 02yearsb) Client list for 02 yearsc) Export certification (if any)d) References / Certificates from end user which would be randomly verified by the Department.

• Financially sound party with excellent business record could get higher marksa) Annual turnover for 02years b) Client list for 02 years c) Export certification (if any) d) References / Certificates from end user which would be randomly verified by the Department.

• Our firm emphasizes: • Financially sound companies with rising dividends—high-quality stocks with high current dividend yield and strong prospects for dividend growth.

• Financially sound utilities are more likely to invest and upgrade facilities to improve service quality to meet the needs of customers.

• Financially sound insurance companies are better able to attract prospective policyholders and are better able to adhere to the specified underwriting guidelines.

More Definitions of Financially sound

Financially sound means the Sub-Contractor is a going concern and that the Sub- Contractor has reasonable grounds to believe that it is able to pay its debts as and when they become due and payable. Head Contract means the contract between the Principal and the Contractor for the execution of the Project. Item means an item in the Schedule. Legislative Requirements means:

Financially sound means solvent and able to pay expenses and debts as due, as evidenced by the surety bond obtained pursuant to Section 176.410(c).

Financially sound means that, given the totality of circumstances, the business had adequate capital to meet ordinary business needs, notwithstanding that the business does not maintain capital to pay for a potential judgment or liability incurred by the business. A business that meets at least one of the following safe harbor requirements shall be deemed financially sound, and adequately capitalized:

Financially sound means the Sub-Contractor is a going concern and that the Sub-Contractor has reasonable grounds to believe that it is able to pay its debts as and when they become due and payable. Formal Instrument of Agreement means the document titled ‘Formal Instrument of Agreement’ to which these Sub-Contract General Conditions are attached;

Financially sound means solvent and able to pay expenses and debts as due, as evidenced by the surety bond obtained pursuant to 5 ILCS 312/2-105.

Financially sound could specify that it means both day-to-day and long-term. It could also mention preserving adequate reserves.

Financially sound means a charter school that has demonstrated, over a period of tie determined by the authority, but not less than 24 months immediately preceding the submission of the application, that it has operated as a financially capable concern in California, as measured by criteria established by