Financial Disclosures Clause Samples
The Financial Disclosures clause requires parties to provide accurate and complete information about their financial status or relevant financial transactions. Typically, this clause outlines what specific financial documents or data must be shared, such as balance sheets, income statements, or records of payments, and may set deadlines or standards for these disclosures. Its core function is to ensure transparency between parties, reducing the risk of misunderstandings or disputes related to financial matters by making all relevant financial information available for review.
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Financial Disclosures. If requested by ▇▇▇▇▇, Seller shall timely provide to Buyer financial information of Seller as follows: (i) a copy of Seller’s most recent quarterly report containing unaudited consolidated financial statements for such fiscal quarter signed and verified by an authorized officer of Seller attesting to their accuracy; and, (ii) within 120 days after the end of each fiscal year that this Agreement is effective a copy of Seller’s annual report containing audited consolidated financial statements for such fiscal year. If Seller does not have audited financial statements, Seller shall deliver to Buyer financial statements in a form reasonably acceptable to Buyer and certified by a financial officer of Seller. All financial statements required hereunder shall be prepared in accordance with generally accepted accounting principles or other procedures with which Seller is required to comply with under applicable law. If information required under this Section 5.4 is available on a publicly available web site, then the delivery requirement shall be deemed to be satisfied.
Financial Disclosures. Contractors receiving $10,000 or more, but less than $75,000, in federal, state, and/or City funds shall provide the City copies of true, accurate, and complete financial disclosure documentation, evidencing the financial status of Contractor’s last complete fiscal year. Specifically, Contractor shall submit the following:
a) a statement of expenditure of City funds by program, to be identified in the same expenditure classifications as contained in the final budget and compared with the budgeted amounts; and
b) a statement of revenues and expenditures, and a balance sheet of all funds received by Contractor. Contractor shall provide the City these documents within ninety calendar days of the end of Contractor’s last complete fiscal year. Extensions of up to thirty calendar days to this deadline to produce these documents may be granted by the City, upon written request by Contractor.
Financial Disclosures. Each Spouse agrees that all financial disclosures of assets and liabilities have been exchanged amongst the Couple, if applicable in Section XIII. If the Couple has waived their rights to financial disclosures, then this sub-Section shall not apply to this Agreement. Each Spouse understands that if any financial disclosure has not been exchanged that it could render this Agreement void. Such financial disclosure shall be determined by an asset or liability equal to or more than the minimum legal limit in the state, or $5,000.00, whichever is greater in the total value at the time of signing this Agreement.
Financial Disclosures. 2.1.1 A fair and reasonable disclosure of the significant real and personal property of which Spouse 1 is possessed or in which he has an interest, to the extent of that interest, and in all forms, has been made by him to Spouse 2, for the purpose of describing with some particularity those assets recognized and acknowledged to be Spouse 1’s sole and separate property.
2.1.2 A fair and reasonable disclosure of the significant real and personal property of which Spouse 2 is possessed or in which she has an interest, to the extent of that interest, and in all forms, has been made by her to Spouse 1, for the purpose of describing with some particularity those assets recognized and acknowledged to be Spouse 2’s sole and separate property.
Financial Disclosures. By execution of this instrument, each party warrants and represents to the other party that he or she has fully disclosed their financial status, including their assets and liabilities of all types and agree that the terms of this Agreement are fair, just, and equitable after consideration of the financial status of the parties.
Financial Disclosures. Except for the Projections, all Financial Statements concerning the Borrowers and their Subsidiaries that are referred to below (i) in the case of all Financial Statements concerning Parent and its Subsidiaries on a consolidated basis, have been prepared in accordance with GAAP consistently applied throughout the periods covered (except as disclosed therein and except, with respect to unaudited Financial Statements, for the absence of footnotes and normal year-end audit adjustments) and (ii) present fairly in all material respects the financial position of the Persons covered thereby as at the dates thereof and the results of their operations and cash flows for the periods then ended.
Financial Disclosures. Purchaser warrants and represents that all financial information provided by Purchaser to Seller for Seller’s review and due diligence with respect to the Purchaser financial ability are accurate and correct in all material respects.
Financial Disclosures. If Contractor receives $10,000 or more, but less than $75,000 combined, in federal, state, or City funds annually, Contractor shall deliver to City within ninety (90) calendar days after the end of the year copies of true, accurate, and complete financial reports and disclosure documents evidencing, to City’s reasonable satisfaction, Contractor’s financial status. City may extend the deadline by up thirty (30) calendar days upon Contractor’s written request. Contractor shall submit at least the following:
10.3.1 a statement of expenditures of City funds by program, to be identified in the same expenditure classifications as contained in the City funded final budget and approved through the application process and compared with the budgeted amounts; and
10.3.2 a statement of revenues and expenditures, and a statement of financial position of all funds received by Contractor.
Financial Disclosures. Prior to the commencement of the Trial at Institution, the Investigator and sub-investigator(s) disclose either the existence or absence of any and all financial interests and arrangements as defined and requested by Gilead. In addition, during the term of this Agreement and for one (1) year after the completion or termination of the Trial, the Institution and Investigator shall and shall ensure that all such personnel that are required to provide such financial disclosure promptly notify Gilead of any changes or updates to the information submitted by such individuals.
Financial Disclosures. ▇▇▇▇▇▇▇▇’s financial statements supplied to ▇▇▇▇▇▇ truly and completely disclose ▇▇▇▇▇▇▇▇’s financial condition as of the statement and there has been no material adverse change in Borrower’s financial condition subsequent to the date of the most recent financial statements supplied to Lender. ▇▇▇▇▇▇▇▇ has no material contingent obligations except as disclosed in such financial statements or as otherwise disclosed to Lender in writing.