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 $200,000 in each of the two most recent calendar 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 Shares, after subtracting any debt related to the cash and Shares? 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:

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. (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

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...