Financial Assumptions Clause Examples
The Financial Assumptions clause sets out the key economic factors and projections that underpin the agreement or transaction. It typically details assumptions about interest rates, inflation, revenue forecasts, or cost estimates that are used to calculate payments, budgets, or financial obligations. By clearly stating these assumptions, the clause helps prevent disputes by ensuring all parties have a shared understanding of the financial basis for the contract, thereby allocating risk and providing a reference point if actual results differ from expectations.
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Financial Assumptions summary A summary of all the financial assumptions for calculating the technical provisions for the informal update of the funding position at 31 December 2005, determined using the approach outlined above, is as follows:
Financial Assumptions. The enclosed financial projections are based on the assumption of a cash infusion of $300,000. These funds will be used to market and distribute the PalmPal system to automobile dealerships nationwide. Follows is a summary of the assumptions used to forecast the next 36 months of Palmtop Innovation's planned operations.
Financial Assumptions. The financial terms of the agreement are based on upon the following assumptions: Operating hours are as follows: The Marketplace Monday - Friday Saturday Sunday Breakfast 7:30am - 10:00am Continental Breakfast 10:00am - 11:00am Brunch - 11:30am - 1:30pm 11:30am - 1:30pm Lunch 11:00am - 1:30pm Light Lunch 1:30pm - 5:00pm Dinner 5:00pm - 7:30pm 5:00pm - 6:30pm 5:00 pm to 7:00pm
Financial Assumptions. This section of the business plan summarizes the financial assumptions used in creating the projected financial statements (included in the Appendix). Follows is a summary of the assumptions used to forecast the next three years of HydroHut's planned operation, including Beginning Balance Sheet, Profit & Loss, Balance Sheet, and Cash Flow data.
Financial Assumptions. Any change to the Financial Assumptions requested by the Authority shall be an Authority Change to which Clause 52 (Variations) shall apply.
Financial Assumptions. 5.1 If Supplier arrives at a Facility to perform a scheduled or agreed onsite Service after appropriate notice to PacifiCare, but is unable to perform the Service because of PacifiCare's action or inaction, the visit will be counted and/or charged in accordance with this Schedule.
5.2 PacifiCare will be financially responsible for all Consumables used in the performance of all services.
5.3 No inflation protection has been included in Supplier's price.
Financial Assumptions. The financial projections found in the appendix are based on several assumptions. ▇▇▇▇▇▇▇ ▇▇▇▇▇'▇ projections are based on the home office in San Francisco, plus the four regional hubs in 2001, and assume that two additional offices will be opened each in 2002 and 2003. In addition, the projections assume the approval of a $500,000 line of credit currently under consideration. Follows is a summary of the assumptions used to forecast the next 36 months of ▇▇▇▇▇▇▇ Browns planned operations.
Financial Assumptions. The financial terms of the agreement are based on upon the following assumptions: Operating hours are as follows: The Marketplace Monday - Friday Saturday Sunday Breakfast 7:30am - 10:00am Continental Breakfast 10:00am - 11:00am Brunch - 11:30am - 1:30pm 11:30am - 1:30pm Lunch 11:00am - 1:30pm Light Lunch 1:30pm - 5:00pm Dinner 5:00pm - 7:30pm 5:00pm - 6:30pm 5:00 pm to 7:00pm Einstein’s and Bagels Monday - Thursday Friday Saturday & Sunday C-Store Monday - Thursday Friday Saturday & Sunday 11:00am - 11:00pm 11:00am - 5:00pm Closed Saturday Open Sunday 6:30pm - 11:00pm In the event of a change in assumptions, the financial terms shall be subject to adjustment.”
8. Exhibit A is hereby deleted and the Attached Exhibit A is substituted therefor.
9. This Amendment is effective July 1,2019 and thereafter, unless amended. All other terms and conditions contained in the Agreement shall remain unchanged and in full force and effect, except by necessary implication.
Financial Assumptions. The financials found in the appendix are based on several assumptions. They assume that Snap-Quick will be able to license its product line to a manufacturing company. Revenue growth forecasts are based on this partnership, as are all of the financial projections. The following pages summarize the assumptions used to forecast the next 36 months of Snap-Quick, Inc.'s planned operations.
9.1 Profit & Loss Profit & Loss Statement For year beginning January, 2001 Year 1 Year 2 Year 3 Sales Less cost of sales: Material Labor/benefits/taxes Total cost of sales Gross profit Operating expenses: Salaries & Wages Sales Commissions Maintenance Equipment Rental Insurance Utilities Office Supplies Marketing & Advertising Travel Bad debts Depreciation Total operating expenses Operating income Interest expense Net income before taxes Estimated taxes Net income 1,516,200 1,644,300 1,795,500 472,500 472,500 472,500 315,000 315,000 315,000 787,500 787,500 787,500 728,700 856,800 1,008,000 180,000 195,000 210,000 86,288 97,515 112,145 20,400 21,300 21,900 7,200 7,200 7,200 2,952 3,432 3,912 19,284 20,248 21,260 8,225 8,634 9,067 20,366 22,200 24,198 6,734 7,743 8,904 12,130 13,154 14,364 27,929 27,929 27,929 391,507 424,356 460,879 337,193 432,444 547,121 26,824 20,145 14,259 310,368 412,299 532,862 93,111 123,690 159,858 217,258 288,610 373,003 Snap-Quick Connect. Lines-76.3% Licensing Royalties-23.7% 0% 20% 40% 60% 80%
9.2 Balance Sheet Balance Sheet For year beginning January, 2001 Year 1 Year 2 Year 3 Assets: Current assets: Cash 130,187 381,739 711,800 Accounts receivable (net) 103,118 113,098 123,077 Inventory 6,563 6,563 6,563 Total current assets 239,868 501,400 841,439 Land 125,000 125,000 125,000 PPE (net) 216,333 188,403 160,474 Total assets 581,200 814,803 1,126,913 Liabilities and equity: Current liabilities: Accounts payable 39,375 39,375 39,375 Notes payable 0 36,954 0 Current maturities 55,007 23,938 26,184 Total current liabilities 94,382 100,268 65,559 Long-term liabilities (net) 181,309 120,417 94,233 Total liabilities 275,691 220,684 159,792 Equity 305,509 594,119 967,122 Total liabilities and equity 581,200 814,803 1,126,913
9.3 Cash Plan Cash Plan For year beginning January, 2001 Year 1 Year 2 Year 3 Cash receipts 1,400,952 1,621,166 1,771,157 Operating cash expenses: Inventory purchases 439,688 472,500 472,500 Other costs of sales 315,000 315,000 315,000 Other expenses 351,449 383,272 418,586 Estimated taxes 93,111 123,690 159,858 Total operating cash ...
Financial Assumptions. 10.1 ASSUMPTIONS ......................................................................................................................................