FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS Sample Clauses

FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS. The financial effects of the Proposed Transactions as set out below are for illustrative purposes only and do not necessarily reflect the actual results and financial position of the Group and of the Company following the completion of the Proposed Transactions. The financial effects of the Proposed Transactions on the net tangible assets (“NTA”) per Share, loss per Share (“LPS”) and net gearing ratio are prepared based on the audited consolidated financial statements of the Group for the financial year ended 31 December 2016, and are subject to the following assumptions:
AutoNDA by SimpleDocs
FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS. The financial effects of the Proposed Transactions on the Group have been computed based on the audited consolidated financial statements of the Group for FY2020 and 9M2021, and assumes the following:
FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS. The Target is a newly incorporated company and has no historical financial statements as of the date of this Announcement. Hence, it is unable to provide any meaningful financial statements for the purposes of this Announcement and the Company is unable to provide the illustrative financial effects of the Proposed Transactions on the Company. However, the Vendors are obliged to deliver the Management Accounts to the Company no later than 15 August 2021. The Company will then set out the illustrative financial effects of the Proposed Transactions on the Company, as well as other material financial information on the Target Group (including the net asset value of the Target, the net profits attributable to, the book value, net tangible asset value and open market value of, the Sale Shares), in the Circular to be despatched in due course. For further details on the Management Accounts, please refer to paragraph 3.4.2 of this Announcement.
FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS. The financial effects of the Proposed Transactions on the Group set out below are purely for illustrative purposes only and do not reflect the future financial position of the Company or the Group after the completion of the Proposed Transactions.
FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS 

Related to FINANCIAL EFFECTS OF THE PROPOSED TRANSACTIONS

  • Financial Consequences The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager Failure to timely provide Quarterly Sales Reports, transaction fee reports, or other reports as required will result in the imposition of financial consequences and repeated failures or non- payment of financial consequences owed under this Contract may result in the Contractor being found in default and the termination of the Contract. No favorable action will be considered when Contractor has outstanding Contract Quarterly Sales Reports, MFMP Transaction Fee Reports, or any other documentation owed to the Department or Customer, to include fees / monies, that is required under this Contract.

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!