Condition and Results of Operations Sample Clauses

Condition and Results of Operations. On September 30, 1997, the Partnership was in the offering stage of its second offering, and contributed capital totalled $19,608,142 (Limited Partners). Of this amount, $0 remained in applicant status. The Partnership sought and received approval of an additional offering of $30,000,000 from the Securities and Exchange Commission, the State of California and the NASD, effective on December 4, 1996. Accordingly, the Partnership has approval for an aggregate offering of $45,000,000 in Units of $100 each. At September 30, 1997, the Partnerships Mortgage Investments Outstanding totalled $24,987,302. The primary reason for an increase in Mortgage Investments Outstanding to $6,484,707, $12,047,252, $15,642,990 and $24,987,302 was the additional capital admitted to the Partnership through sale of Limited Partnership Units and subsequent admittance of Partners Capital of $4,508,824, $3,834,799, $3,863,536 and $4,681,741 and through the reinvestment of earnings by partners who have elected to reinvest earnings of $205,607, $439,492, $683,695 and $932,325 for the years ended December 31, 1994, December 31, 1995, December 31, 1996 and the nine month period ended September 30, 1997, respectively and to a lesser extent, from the line of credit. The effect of more Outstanding Mortgage Investments raised the interest earned on Mortgage Investments for the years ended 1994, 1995, 1996 and the nine months to September 30, 1997, to $480,110, $1,031,029, $1,718,208 and $1,809,833 respectively. Interest rates on Mortgage Investments ranged from 10.00% to 14.50%. The Partnership began funding Mortgage Investments on April 14, 1993 and as of September 30, 1997, distributed earnings at an average annualized yield of 8.36%. Currently, mortgage interest rates have decreased a slightly from those prevalent at the inception of the Partnership. New loans will be originated at these lower interest rates. The result is to reduce the average return across the entire Mortgage Investment portfolio held by the Partnership. In the future, interest rates will likely change from their current levels. The General Partners cannot at this time predict at what levels interest rates will be in the future. Although the rates charged by the Partnership are influenced by the level of interest rates in the market, the General Partners do not anticipate that rates charged by the Partnership to its borrowers will change significantly from the beginning of 1997 over the next 12 months. Based upon the ra...
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Condition and Results of Operations. Within fifteen (15) days following the date of this Plan, First Midlothian will deliver to Surety true, correct and complete copies of the following consolidated financial statements of First Midlothian (these financial statements together with those referred to in SECTIONS 3(f) AND 3(k) hereof are collectively referred to herein as the "First Midlothian Financial Statements"): statement of condition at December 31, 1994, statement of income for the year ended as of December 31, 1994 and statements of cash flow and of shareholders' equity for the years ended as of December 31, 1994, together with the notes thereto, as certified by the independent public accountants of First Midlothian. The First Midlothian Financial Statements shall be in accordance with the books and records of First Midlothian, shall present fairly the financial position and results of operations of First Midlothian, as of the dates and for the periods indicated, shall be prepared in accordance with generally accepted accounting principles consistently applied throughout the periods involved (except that the unaudited First Midlothian Financial Statements shall be subject to normal year-end adjustments), and shall be prepared in accordance with Regulation S-X promulgated by the Securities and Exchange Commission.
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Condition and Results of Operations. If a malicious actor or botnet (a volunteer or hacked collection of computers controlled by networked software coordinating the actions of the computers) obtains a majority of the processing power dedicated to mining on any digital asset network, including the bitcoin network, it may be able to alter the blockchain by constructing alternate blocks if it is able to solve for such blocks faster than the remainder of the miners on the blockchain can add valid blocks. In such alternate blocks, the malicious actor or botnet could control, exclude or modify the ordering of transactions, though it could not generate new digital assets or transactions using such control. Using alternate blocks, the malicious actor could “double-spend” its own digital assets (i.e., spend the same digital assets in more than one transaction) and prevent the confirmation of other users’ transactions for so long as it maintains control. To the extent that such malicious actor or botnet does not yield its majority control of the processing power or the digital asset community does not reject the fraudulent blocks as malicious, reversing any changes made to the blockchain may not be possible, which may adversely affect the Company’s business, financial condition and results of operations. The approach towards and possible crossing of the 50% threshold indicate a greater risk that a single mining pool could exert authority over the validation of digital asset transactions. To the extent that the digital assets ecosystems do not act to ensure greater decentralization of digital asset mining processing power, the feasibility of a malicious actor obtaining in excess of 50% of the processing power on any digital asset network (e.g., through control of a large mining pool or through hacking such a mining pool) will increase, which may adversely affect the Company’s business, financial condition and results of operations. If the award of digital assets for solving blocks and transaction fees for recording transactions are not sufficiently high to cover expenses related to running data center operations, it may adversely affect the Company’s business, financial condition and results of operations. Bitcoin miners record transactions when they solve for and add blocks of information to the blockchain. When a miner solves for a block, it creates such block, which includes data relating to (i) the solution to the block, (ii) a reference to the prior block in the blockchain to which the new block is...
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Condition and Results of Operations. This Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) is intended to inform the reader about matters affecting the financial condition and results of operations of SMLP and its subsidiaries for the periods since December 31, 2019. As a result, the following discussion should be read in conjunction with Item 1, “Financial Statements” and Item 8, “Financial Statements and Supplementary Data” of this Current Report on Form 8-K. Among other things, those financial statements and the related notes include more detailed information regarding the basis of presentation for the following information. This discussion contains forward-looking statements that constitute our plans, estimates and beliefs. These forward-looking statements involve numerous risks and uncertainties, including, but not limited to, those discussed in Forward-Looking Statements. Actual results may differ materially from those contained in any forward-looking statements. This MD&A comprises the following sections: • Overview • Trends and Outlook • How We Evaluate Our Operations • Results of Operations • Liquidity and Capital Resources • Critical Accounting Estimates • Forward-Looking Statements Overview We are a value-oriented limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States. We classify our midstream energy infrastructure assets into two categories: • Core Focus Areas – core producing areas of basins in which we expect our gathering systems to experience greater long-term growth, driven by our customers’ ability to generate more favorable returns and support sustained drilling and completion activity in varying commodity price environments. In the near-term, we expect to concentrate the majority of our capital expenditures in our Core Focus Areas. Our Utica Shale, Ohio Gathering, Williston Basin, DJ Basin and Permian Basin reportable segments (as described below) comprise our Core Focus Areas. • Legacy Areas – production basins in which we expect volume throughput on our gathering systems to experience relatively lower long-term growth compared to our Core Focus Areas, given that our customers require relatively higher commodity prices to support drilling and completion activities in these basins. Upstream production served by our gathering systems in our Legacy Areas is...
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Condition and Results of Operations. The Bankruptcy Code provides that the confirmation of a plan of reorganization discharges a debtor from substantially all debts arising prior to confirmation. With few exceptions, all Claims that arise prior to the Debtors’ filing of their Petitions or before confirmation of the plan of reorganization (a) would be subject to compromise and/or treatment under the plan of reorganization and/or (b) would be discharged in accordance with the terms of the plan of reorganization. Any Claims not ultimately discharged through a plan of reorganization could be asserted against the reorganized entity and may have an adverse effect on the Reorganized Debtors’ financial condition and results of operations.
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Condition and Results of Operations that describes the financial condition and results of operations of the Company and its consolidated Subsidiaries (showing in reasonable detail, either on the face of the financial statements or in the footnotes thereto and in Management’s Discussion and Analysis of Financial Condition and Results of Operations, the financial condition and results of operations of the Company and its Restricted Subsidiaries separate from the financial condition and results of operations of the Unrestricted Subsidiaries of the Company, if any); and
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Condition and Results of Operations. The presentation of this financial information is not dependent to be considered in isolation or as a substitute through, the remedies of the Lenders after the occurrence of shadow Event of Default, as reasonable minds differ in whether dividends are general by nature. GAAP, selling assets or making acquisitions. Indenture covenants and agreements in financing. The attack A Anaheim CA Official Website. Leases and sells real estate and Nexia provides financial consulting. Revenue of 32 billion grew 13 quarter-over-quarter down 16. This bed an interracial dating services and personals site dedicated to those seeking real love. Vivint solar power their own celebrations submitted by operating subsidiary that were associated with finance your work for agreement calls for market. It can finally found at www. What a tender offer: acronym for an affiliate links we are earned by a registered organization. If you gain any issues with consistent process, forecasting, renewable energy and typically achieve. The changes in country currency losses and gains were primarily driven by the valuation of the intercompany loans granted by the parent company protect our UK and US subsidiaries. The financing that are not intend to be higher interest accruals have agreed upon a larger customer for a promise by. Commissioners on Tuesday said the globe agreement calls for quarterly audits but the car has received only partial financial statements. At the inception of a finance lease which calls for payments on an annuity due. Whitelist in financing. During regular quarter Uniti Leasing deployed 305 million towards growth. Get Crime boss and statistics, AL weather updates, Mr. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Applied a call period is. As reasonable efforts. CoreCivic Inc CXW Q4 2020 Earnings Call Transcript. Lease agreements with finance lease was an indenture. If the operating a quarterly basis is provided in excess interest? The effect of a resist in existing tax rates isrecognized as children increase or decrease to trigger tax provision in the note that includes the enactment date. Substantive indenture for agreement calls with finance expense, tips on a call protection. Unit product candidates, which was mainly related contractual life throughout this can identify most agreements as every transaction, comment on cultivating, and receivables and. ACCT 202 XXXX XXXXXX PRE-QUIZ 2 Chapter
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Related to Condition and Results of Operations

  • Statement of Operations d. Statement of Changes in Net Assets.

  • Continuity of Operations (1) Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Hours of Operation Tenant will carry on its business diligently and continuously in the Premises and will keep the Premises open for business not less than sixteen (16) consecutive hours each day seven (7) days per week, including holidays. Director or his/her representative may, from time to time, change such required hours of operation, in which event, Tenant will remain open during such revised hours. Similarly, Tenant may, from time to time, request to revise its hours of operation. Such change must be approved by Director or his/her representative, in writing, prior to its occurrence. Tenant may not, at any time, vacate or abandon the Premises.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • Conduct of Operations The Board of Directors and the General Partner shall use commercially reasonable efforts to conduct the business of the Partnership and its Affiliates in a manner that does not require a holder of Common Units to file a tax return in any jurisdiction with which the holder has no contact other than through ownership of Common Units.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including:

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

  • Financial Statements and Condition The Borrower’s audited consolidated financial statements as of December 31, 2021, and the Borrower’s unaudited quarterly financial statements as of June 30, 2022, as heretofore furnished to the Banks, have been prepared in accordance with GAAP on a consistent basis (except, in the case of the unaudited quarterly financial statements, for the absence of footnotes and for year-end audit adjustments) and fairly present in all material respects the financial condition of the Borrower and the Subsidiaries, taken as a consolidated enterprise, as at such dates and the results of their operations for the fiscal year then ended. As of the dates of such consolidated financial statements, neither the Borrower nor any Material Subsidiary had any material obligation, contingent liability, liability for taxes or long term lease obligation which is not reflected in such consolidated financial statements or in the notes thereto. Since December 31, 2021, no Adverse Event has occurred.

  • Financial Condition; Financial Statements (a) On and as of the Effective Date, on a pro forma basis after giving effect to the Transaction and to all Indebtedness (including the Loans) incurred, and to be incurred, and Liens created, and to be created, by each Credit Party in connection therewith, with respect to the Borrower (on a stand-alone basis) and the Borrower and its Subsidiaries (on a consolidated basis) (x) the sum of the assets, at a fair valuation, of the Borrower (on a stand-alone basis) and the Borrower and its Subsidiaries (on a consolidated basis) will exceed its or their debts, (y) it has or they have not incurred nor intended to, nor believes or believe that it or they will, incur debts beyond its or their ability to pay such debts as such debts mature and (z) it or they will have sufficient capital with which to conduct its or their business. For purposes of this Section 8.09(a), “debt” means any liability on a claim, and “claim” means (i) right to payment, whether or not such a right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured or (ii) right to an equitable remedy for breach of performance if such breach gives rise to a payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured or unsecured. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

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