Additional Financial Matters Sample Clauses

Additional Financial Matters. 21. The Landowners’ Association documents referred to in the OSMUD Article shall include a restriction for the benefit of the Town that no property within the Site, other than Restricted Land approved by the Planning Board, shall be conveyed to a tax-exempt entity unless: (i) such entity agrees that the property will be subject to taxation under M.G.L. c.59, without any claim of exemption on the basis of the entity’s tax-exempt status; or (ii) such entity enters into an agreement for Payment in Lieu of Taxes (“PILOT Agreement”) that provides for payments in lieu of taxes and /or other benefits to the Town not less than the amount that would otherwise be due to the Town in property taxes and personal property excise taxes under M.G.L. c.59 for as long as the entity continues to be exempt from such property or excise taxation. The restrictions set forth in this paragraph shall apply to any lease by an owner of property within the Site to a tax-exempt entity if the legal effect of such lease would otherwise be to exempt the owner or lessee of the leased property from the payment of real estate taxes.
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Additional Financial Matters. The Parent shall have delivered to the Administrative Agent the Borrowers' consolidated financial statements for the period ending February 28, 1998, together with such pros formas and projections as the Administrative Agent may reasonably request.
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Additional Financial Matters. 84 5.1.8 Solvency Certificate. 84 5.1.9
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Additional Financial Matters. (a) Each Target Company maintains books and records reflecting its assets and Liabilities and maintains proper internal accounting controls that are in accordance with applicable Law. All of the financial books and records of the Target Companies are complete and accurate in all material respects and have been maintained in the ordinary course of business and in accordance with applicable Laws. The Company has not and, to the Knowledge of the Company, no Target Company has, been subject to or involved in any material fraud that involves management or other employees who have a significant role in the internal controls over financial reporting of the Company or any Target Company, respectively. Since its formation, no Target Company or its Representatives has received any material written complaint, allegation, assertion or claim regarding the accounting or auditing practices, procedures, methodologies or methods of any Target Company or its internal accounting controls.
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Additional Financial Matters. 21. The Landowners’ Association documents referred to in the OSMUD Article shall include a restriction for the benefit of the Town that no property within the Site, other than Restricted Land approved by the Planning Board, shall be conveyed to a tax-exempt entity unless: (i) such entity agrees that the property will be subject to taxation under M.G.L. c.59, without any claim of exemption on the basis of the entity’s tax-exempt status; or (ii) such entity enters into an agreement for Payment in Lieu of Taxes (“PILOT Agreement”) that provides for payments in lieu of taxes and /or other benefits to the Town not less than the amount that would otherwise be due to the Town in property taxes and personal property excise taxes under M.G.L.
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Additional Financial Matters 
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Related to Additional Financial Matters

  • Financial Matters 9.1. The School shall maintain accurate and comprehensive financial records, operate in accordance with Generally Accepted Accounting Principles, and use public funds in a fiscally responsible manner.

  • Additional Financial Information (a) In addition to all other information required to be provided pursuant to this Article 6, the Borrower promptly shall provide the Agent (and any guarantor of the Liabilities), with such other and additional information concerning the Borrower, the Collateral, the operation of the Borrower’s business, and the Borrower’s financial condition, including original counterparts of financial reports and statements, as the Agent may from time to time reasonably request from the Borrower.

  • Additional Financial Statements Seller shall promptly furnish to Buyer a copy of all Financial Statements for each additional month-end period beyond the Balance Sheet Date as soon as same is regularly prepared by Seller in the Ordinary Course of Business. All such additional Financial Statements shall be subject to the same representations and warranties as contained in Section 3.23

  • Additional Financing The Borrower hereby covenants and agrees that, except for Permitted Encumbrances and except as otherwise contemplated in the Mortgage, without the prior written consent of the Significant Bondholder, if any, it shall not create, incur, assume or guaranty any financing secured by the Project or other financings except (i) the transactions contemplated in the Subordinate Loan Documents, (ii) the Permitted Encumbrances and as otherwise contemplated in the Mortgage, and (iii) unsecured loans or advances by the Borrower’s partners as contemplated or permitted by the Partnership Agreement.

  • Definitions and Accounting Matters Section 1.01 Terms Defined Above 1 Section 1.02 Certain Defined Terms 1 Section 1.03 Types of Loans and Borrowings 20 Section 1.04 Terms Generally; Rules of Construction 20 Section 1.05 Accounting Terms and Determinations; GAAP 21

  • Fiscal Matters a. The School District will provide all required Course Materials (textbooks and electronic materials) and will be billed for applicable Instructional Materials charges embedded in courses requiring electronic materials in accordance with the College respective course agreement.

  • Additional Matters (a) Any claim on account of a Liability which does not result from a Third Party Claim shall be asserted by written notice given by the Indemnitee to the related Indemnifying Party. Such Indemnifying Party shall have a period of 30 days after the receipt of such notice within which to respond thereto. If such Indemnifying Party does not respond within such 30-day period, such Indemnifying Party shall be deemed to have refused to accept responsibility to make payment. If such Indemnifying Party does not respond within such 30-day period or rejects such claim in whole or in part, such Indemnitee shall be free to pursue such remedies as may be available to such party as contemplated by this Agreement and the Ancillary Agreements.

  • Supplemental Financial Statements The Borrower shall immediately upon receipt thereof, provide to the Bank copies of interim and supplemental reports if any, submitted to the Borrower by independent accountants in connection with any interim audit or review of the books of the Borrower.

  • DEFINITIONS; ACCOUNTING MATTERS For the purpose of this Agreement, the terms defined in paragraphs 10A and 10B (or within the text of any other paragraph) shall have the respective meanings specified therein and all accounting matters shall be subject to determination as provided in paragraph 10C.

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