Financial Circumstances Sample Clauses

Financial Circumstances. Please answer the following questions concerning your financial status by marking the appropriate box and filling in the blanks. 1.1 Was your net income before taxes more than C$200,000 in each of the 2 most recent calendar years? ☐ Yes ☐ No 1.2 If you answered “Yes” to Question 1.1, do you expect your net income before taxes to be more than C$200,000 in the current calendar year? ☐ Yes ☐ No 1.3 Was your net income before taxes combined with your spouse’s net income before taxes more than C$300,000 in each of the 2 most recent calendar years? ☐ Yes ☐ No 1.4 If you answered “Yes” to Question 1.3, do you expect your net income before taxes combined with your spouse’s net income before taxes to be more than C$300,000 in the current calendar year? ☐ Yes ☐ No 1.5 Do you own, either alone or with your spouse, more than C$1,000,000 in cash and securities, after subtracting any debt related to the cash and securities? ☐ Yes ☐ No 1.6 Do you own, either alone or with your spouse, have net assets (i.e., your total assets (including real estate) less your total debt) worth more than C$5,000,000? ☐ Yes ☐ No 1.7 Please indicate, for each of the two most recent years, what your individual net income before taxes (or joint net income before taxes together with your spouse) was, and for the current year what your individual net income before taxes (or joint net income before taxes together with your spouse) is expected to be: 2013 Individual Joint 2014 Individual Joint 2015 Individual Joint
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Financial Circumstances. Please answer the following questions concerning your financial status by marking the appropriate box and filling in the blanks. 1.1 Was your net income before taxes more than $200,000 in each of the 2 most recent calendar years? 1.2 If you answered "Yes" to Question 1.1, do you expect your net income before taxes to be more than $200,000 in the current calendar year? 1.3 Was your net income before taxes combined with your spouse’s net income before taxes more than $300,000 in each of the 2 most recent calendar years? 1.4 If you answered "Yes" to Question 1.3, do you expect your net income before taxes combined with your spouse’s net income before taxes to be more than $300,000 in the current calendar year? 1.5 Do you own, either alone or with your spouse, more than $1,000,000 in cash and securities, after subtracting any debt related to the cash and securities? 1.6 Do you own, either alone or with your spouse, have net assets (i.e., your total assets (including real estate) less your total debt) worth more than $5,000,000? Yes No 1.7 Please indicate, for each of the two most recent years, what your individual net income before taxes (or joint net income before taxes together with your spouse) was, and for the current year what your individual net income before taxes (or joint net income before taxes together with your spouse) is expected to be: 2013 Individual 2014 Individual 2015 Individual
Financial Circumstances. What net worth (deposits and investments less liabilities) & financial assets you have, and the sources and amount of your annual income, liquidity needs and whether you are using leverage or borrowing to finance the purchase of securities. We will consider the size of any transaction compared to the overall value of your net worth (assets minus liabilities).
Financial Circumstances. The applicant/household is a current tenant of a Registered Provider and has any outstanding housing related debt. The applicant/household have a housing related debt such as rent arrears, repairs recharges, leasehold service charges and/or sundry debts of £1000.01 or more that can be proven by a social and/or private landlord. Applicants/household with housing related debts of below £1000 will qualify provided that they have made and maintained a repayment plan in accordance with the criteria below:  Housing related debt under £500, an agreed repayment plan must have been maintained for a minimum of 3 months before they can register.  Housing related debt between £500.01 and £1000 an agreed repayment plan must have been maintained for a minimum of 6 months and the debt must be reduce to under £500 before they can register.  Payments must be maintained under the plan before any offer of accommodation is made. To note: each case will be evaluated on a case by case basis. The key issue will be the level of risk to the applicant themselves and other service users, neighbours and the organisations. The level of support available to reduce any risks identified will also be considered. Applicants may also meet the qualification criteria if the:  Applications cannot be properly verified due to lack of sufficient information.  Applications from those whose level of physical or mental frailty exceeds that which can be reasonably met by the care provision within the scheme (or be predicted to develop within a short time of entry).  Applications from those who require frequent nursing care beyond the level available from the Community Nursing Service.  Applications from those with a requirement for specialist health services which cannot be met in a community setting etc.  Applications from those who have a level of physical or mental frailty which is likely to either lead to violent or severely challenging behaviour or would be a serious risk or disruption to others for example, people who persistently wander or are physically aggressive.  Applicants who lack the capacity to take on the responsibilities of a tenancy / are not able to make an informed choice about extra care housing as their preferred option and are not felt able to settle in and manage in the scheme and its community.  Applicants who lack the capacity to take on the responsibilities of a tenancy / are not able to make an informed choice about extra care housing as their preferred option an...
Financial Circumstances. (a) Seller shall have no obligation to commence deliveries of Carbon Dioxide under this Agreement until Buyer provides Seller with adequate Performance Assurances. Before the Start-Up Date such Performance Assurances shall not be less than that necessary to cover four (4) Months of delivery and sales of anticipated Early Volumes. After the Start-Up Date such Performance Assurances shall not be less than that necessary to cover four (4) Months of delivery and sales of the DCQ plus anticipated Excess Volumes. In the event Buyer does not provide adequate initial Performance Assurances within thirty (30) days after the Start-Up Date, Seller shall have the right to cancel this agreement with thirty (30) days notice. (b) Following the end of any Month after the Start-Up Date, if Seller determines the cumulative quantity of Carbon Dioxide that the Buyer has purchased and received in the current Contract Year is less than (**) percent ((**)%) of the product of the DCQ and the number of Days since the start of the current Contract Year, then within ten (10) Days following receipt of notice from Seller, Buyer shall provide Seller revised or additional Performance Assurances such that all active Performance Assurances shall not be less than that necessary to cover (i) the amount specified in Article 5.4(a) plus (ii) the difference between (**) percent ((**)%) of the product of the DCQ and the number of Days since the start of the current Contract Year and the amount of Carbon Dioxide that Buyer has purchased and received in the Contract Year. If Buyer fails to provide the revised or additional Performance Assurances within the prescribed period, Seller shall have reasonable grounds for believing that Buyer may be unable to meet its obligations under this Agreement. (c) If at any time within the Term, Seller has reasonable grounds for believing that: (i) the Buyer or its Performance Assurance Provider may be unable to meet its obligations under this Agreement or under any Performance Assurance; or (ii) the financial circumstances of any or all of the Buyer, its Performance Assurance Provider, or Buyer's Controlling Party have deteriorated to a level unacceptable to the Seller; then the Seller may give notice to the Buyer and request a new or replacement Performance Assurance.
Financial Circumstances. 3.1 The present provisional financial circumstances of this Contract are set out below : Original Contract Price R (Incl. VAT) Less Payments made to date R (Incl. VAT) Sub-Total R (Incl. VAT) ( %of Work outstanding) Less Sum of Performance Guarantee R (Incl. VAT) Value of Work (excluding Completion Costs) to be recovered R (Incl. VAT) N. B. As the “Practical Completion Date” has passed, the daily penalty amount prescribed in the Contract will be added to the sum owing (Insert only if applicable). 3.2 The cost to engage another Contractor to complete the Works must still be added to the above Calculations. Once this Contract has been cancelled/terminated the debt will be set up in the books for the Department to ensure that it is eventually recovered should there not be a surplus of funds on the Contract to meet the sum owed. 3.3 Once approval has been granted to cancel/terminate the Contract, the appointed Consultant (or Departmental Professional if documented “in-house”) will be approached in writing to prepare urgent “Completion Documentation” to enable tenders to be invited (or by “urgent quotation” from selected approved Contractors, if authorised by the Head

Related to Financial Circumstances

  • Special Circumstances An employee shall be entitled to extend the maternity leave by up to an additional six (6) consecutive weeks' leave without pay where a physician certifies the employee as unable to return to work for medical reasons related to the birth. An employee shall be entitled to extend the parental leave by up to an additional five (5) consecutive weeks' leave without pay where the child is at least six (6) months of age before coming into the employee's care and custody and the child is certified as suffering from a physical, psychological or emotional condition. Provided however, that in no case shall the combined maternity and parental leave exceed fifty-two (52) consecutive weeks following the commencement of the leave.

  • Adverse Circumstances No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.

  • Exceptional Circumstances The Recipient agrees that the Federal Government may require another method of valuation to be used to determine the fair market value of Project real property withdrawn from service. In unusual circumstances, the Recipient may request permission to use another reasonable valuation method including, but not limited to accelerated depreciation, comparable sales, or established market values.

  • Unforeseen Circumstances As a rule, the contractor is not entitled to any modification of the contractual terms due to circumstances of which the contracting authority was unaware. A decision of the Belgian State to suspend cooperation with a partner country is deemed to be unforeseeable circumstances within the meaning of this article. Should the Belgian State break off or cease activities which implies therefore the financing of this procurement contract, Xxxxxx will do everything reasonable to agree a maximum compensation figure.

  • No Change in Facts or Circumstances All information in the application for the loan submitted to Lender (the "Loan Application") and in all financial statements, rent rolls, reports, certificates and other documents submitted in connection with the Loan Application are complete and accurate in all material respects. There has been no material adverse change in any fact or circumstance that would make any such information incomplete or inaccurate.

  • Change of Circumstances The Company will, at any time during the pendency of a Placement Notice advise the Agent promptly after it shall have received notice or obtained knowledge thereof, of any information or fact that would alter or affect in any material respect any opinion, certificate, letter or other document required to be provided to the Agent pursuant to this Agreement.

  • Changed Circumstances (a) In the event that: (i) on any date on which the Eurodollar Rate would otherwise be set the Lender shall have determined in good faith (which determination shall be final and conclusive) that adequate and fair means do not exist for ascertaining the Eurodollar Rate, as the case may be, or (ii) at any time the Lender shall have determined in good faith (which determination shall be final and conclusive) that: (A) the making or continuation of, or conversion of any Loan to, a Eurodollar Loan has been made impracticable or unlawful by (1) the occurrence of a contingency that materially and adversely affects the interbank eurodollar market or (2) compliance by the Lender with any applicable law or governmental regulation, guideline or order or interpretation or change thereof by any governmental authority charged with the interpretation or administration thereof or with any request or directive of any such governmental authority (whether or not having the force of law); or (B) the Eurodollar Rate shall no longer represent the effective cost to the Lender for United States dollar deposits in the interbank eurodollar market; then, and in any such event, the Lender shall promptly so notify the Borrower thereof in writing. Until the Lender notifies the Borrower that the circumstances giving rise to such notice no longer apply, the Lender’s obligation to allow selection by the Borrower of the type of Loan affected by the contingencies described in this Section 2.11(a) (herein called “Affected Loans”) shall be suspended. If at the time the Lender so notifies the Borrower, the Borrower has previously given the Lender a Notice of Borrowing or Conversion with respect to one or more Affected Loans but such Loans have not yet gone into effect, the Borrower shall have been deemed to have requested that such Loans be made or converted, as applicable, to Base Rate Loans. Upon such date as shall be specified in such notice from the Lender (which shall not be earlier than the date such notice is given) the Borrower shall, with respect to the outstanding Affected Loans, be deemed to have converted such Affected Loans to Base Rate Loans, but shall remain obligated to pay any amounts required to be paid pursuant to Section 2.16. (b) In case any law, regulation, treaty or official directive or the interpretation or application thereof by any court or by any governmental authority charged with the administration thereof or the compliance with any guideline or request of any central bank or other governmental authority (whether or not having the force of law), in each case, effective after the date hereof: (i) subjects the Lender to any Tax with respect to payments of principal or interest or any other amounts payable hereunder by the Borrower or otherwise with respect to the transactions contemplated hereby (except for Taxes imposed by way of withholding or deduction, which shall be governed solely and exclusively by Sections 2.21 and 2.22), or (ii) imposes, modifies or deems applicable any deposit insurance, reserve, special deposit or similar requirement against assets held by, or deposits in or for the account of, or loans by, the Lender (other than such requirements as are already included in the determination of the Eurodollar Rate), or (iii) imposes upon the Lender any other condition with respect to its performance under this Agreement or any other Loan Document, and the result of any of the foregoing is to increase the cost to the Lender, reduce the income receivable by the Lender or impose any expense upon the Lender with respect to any Loans or any payments made under or with respect to the Letters of Credit, the Lender shall promptly notify the Borrower thereof. The Borrower agrees to pay to the Lender the amount of such increase in cost, reduction in income or additional expense as and when such cost, reduction or expense is incurred or determined, upon presentation by the Lender of a written statement of such amount and setting forth in reasonable detail the Lender’s calculation thereof, which statement shall be deemed true and correct absent manifest error. Notwithstanding anything to the contrary in this Section, the Borrower shall not be required to compensate the Lender pursuant to this Section for any amounts incurred more than 180 days prior to the date that the Lender notifies the Borrower of the Lender’s intention to claim compensation therefor; provided that, if the circumstances giving rise to such claim have a retroactive effect, then such 180 day period shall be extended to include the period of such retroactive effect.

  • No Change in Facts or Circumstances; Disclosure All information submitted by Borrower to Lender and in all financial statements, rent rolls, reports, certificates and other documents submitted in connection with the Loan or in satisfaction of the terms thereof and all statements of fact made by Borrower in this Agreement or in any other Loan Document, are accurate, complete and correct in all material respects, provided, however, that if such information was provided to Borrower by non-affiliated third parties, Borrower represents that such information is, to the best of its knowledge after due inquiry, accurate, complete and correct in all material respects. There has been no material adverse change in any condition, fact, circumstance or event that would make any such information inaccurate, incomplete or otherwise misleading in any material respect or that otherwise materially and adversely affects or might materially and adversely affect the Property or the business operations or the financial condition of Borrower. Borrower has disclosed to Lender all material facts and has not failed to disclose any material fact that could cause any representation or warranty made herein to be materially misleading.

  • Changes in Circumstances It is expressly understood and agreed that the Grantee assumes all risks incident to any change hereafter in the applicable laws or regulations or incident to any change in the market value of the Restricted Shares after the date hereof.

  • Individual Special Circumstance Arrangements Notwithstanding Article 2.02, the Home and the Union may agree in certain circumstances, to adjust the schedule of an individual full-time employee who normally works seventy five (75) hours bi-weekly, to enable an average bi-weekly work assignment of sixty (60) to seventy five (75) hours. (a) Such an arrangement shall be established by mutual agreement of the Home and the Union and the employee affected. The parties agree that the arrangement applies to an individual, not to a position. The parties will agree to the scheduling provisions that will apply to the employee including that no additional shifts will be scheduled for employees working Individual Special Circumstances Arrangements. (b) The parties shall determine the introduction of a special circumstance arrangement. Issues related to vacation, paid holidays and benefit coverage will be determined by the Home and the Union. The employee will retain full-time status, including but not limited to seniority and service. (c) Any party may discontinue the special circumstance arrangement with notice as determined within the agreement. In the event that the employee affected resigns, transfers, is laid off or terminated, the arrangement will be deemed to be discontinued immediately, unless the parties mutually agree otherwise. (d) It is understood and agreed that these arrangements are based on individual circumstances and each agreement is made on a without prejudice or precedent basis.

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