Monthly Management Accounts definition

Monthly Management Accounts means the Borrower's consolidated financial statements for a Monthly Accounting Period in the form agreed between the Borrower and the Agent;

Monthly Management Accounts means the monthly management accounts of the Restricted Group to be delivered (or which may be delivered) to the Agent pursuant to clause 11.1 in a form and to accounting policies consistent with the Management Base Case and containing information of a substantially similar type as is required by such form;

Monthly Management Accounts means the monthly management accounts of the TCN Group to be delivered (or which may be delivered) to the Agent pursuant to clause 10.1(h) in the agreed form or containing information of the same type as is required by such form;

Examples of Monthly Management Accounts in a sentence

• If in any month, on an accrual basis, the Monthly Management Accounts of the Hotel indicate an overpayment of any of the Management Fees; the OPERATOR shall repay the amount of the overpayment to the Bank Account within 30 days of receiving the Monthly Management Accounts.

• If the OPERATOR has been underpaid based on the accounts, the OPERATOR shall deduct the amount of such underpayment within 30 days of receipt of the Monthly Management Accounts.

• In other words, the Monthly Management Accounts were resorted to for lack of adequate and sufficient documents to determine the actual turnover of the Appellant for the purpose of tax.

• The 1st Respondent’s witness told this Tribunal in his written disposition particularly in paragraphs 19, 20, 21 and 22 that the Respondent relied majorly on the Monthly Management Accounts of the Appellant to arrive at the turnover of the Appellant with reasons that some bank statements and other documents were not produced by the Appellant as requested by the Respondent.

More Definitions of Monthly Management Accounts

Monthly Management Accounts means the monthly management accounts of the TCN Group delivered to the Agent pursuant to clause 10.1.8;

Monthly Management Accounts means the monthly management accounts of the Group delivered or to be delivered, to the Agent pursuant to clause 12.1.6(c);

Monthly Management Accounts means collectively: (a) a Balance Sheet; (b) a Profit and Loss Statement showing the operating results of the Hotel during such immediately preceding calendar month and for the period commencing from the first day of that Financial Year and ending on the last day of such immediately preceding calendar month; and (c) a cashflow statement for the immediately preceding calendar month. “Operating Costs” means all costs reasonably incurred in managing the Hotel which are normally not treated as Ownership Costs under GAAP, and includes (without limiting the generality of the above):

Monthly Management Accounts means the monthly performance reports prepared by the management of the Company in accordance with past practice, substantially as in the form of the management accounts of the Company with respect to October 2004 which are attached hereto as Exhibit 1.2 (Monthly Management Accounts);

Monthly Management Accounts means the unaudited management accounts relating to each of the Group Companies and each of the Businesses which are prepared on a monthly basis by the Group;

Monthly Management Accounts means the monthly management accounts of the Company;

Monthly Management Accounts means the Hyperion reports prepared in respect of the Aker Soho Business on a monthly basis;