Financial Overview Clause Samples

The Financial Overview clause provides a summary of the key financial terms and obligations within an agreement. It typically outlines payment structures, invoicing schedules, and any relevant financial milestones or deliverables, giving both parties a clear understanding of the monetary aspects involved. By consolidating this information, the clause ensures transparency and helps prevent misunderstandings regarding financial responsibilities.
Financial Overview. ▇▇▇▇▇▇▇ Metall has been able to maintain a strong EBITDA-margin amid relatively though market conditions. There have been overall market downturns in key sectors such as offshore, mining, oil & gas which have had severe top line impact and lowered profitability. During 2015/16 ▇▇▇▇▇▇▇ Metall divested its operations in the US and Romania. The reason for the divestment was a strategic management decision where all brass (Sw. Mässing) related production where divested to focus on bronze production.
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Financial Overview. By looking to expand the business by approximately 5% per month, we have forecast strong sales in the first year, followed by improving this into years two and three. Sales for Year 1 are forecasted at €85,348. This is based upon slowly developing the business by capturing additional customers each month. These forecasted figures are based on the propensity to buy in the area, whilst including other factors such as the footfall on the main street and being able to capture customers from our competitors. Even by Year 3 we are well below saturation point in terms of number of customer transactions per month, and feel that even Year 1 could be relatively conservative. By the end of Year 3 we are expecting sales for the year to be €275,275 with a Net Profit of €159,775. To ensure there is sufficient working capital available in the first years of trading, only the minimum amount is being drawn down from the business. €300000 €250000 €200000 €150000 €100000 €50000 €0 Year 09/10 Year 10/11 Year 11/12 Receipts Payments Net Cash Flow Bank Balance Year 09/10 Year 10/11 Year 11/12 Receipts 100348 153293 275275 Payments 92090 99544 132520 Net Cash Flow 8258 53749 142755 Bank Balance 8258 62007 204762 €300000 €250000 €200000 €150000 €100000 €50000 €0 Year 09/10 Year 10/11 Year 11/12 Sales Direct Costs Gross Profit Overheads Net Profit Year 09/10 Year 10/11 Year 11/12 Sales 85348 153293 275275 Direct Costs 27165 48682 87421 Gross Profit ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Overheads 36696 32432 26970 Net Profit 1.3 Vision Statement 21487 72179 160884 We believe that by providing premium sandwiches, but by pricing our products competitively, we can offer customers the best of both worlds: quality and price. By sourcing the best local ingredients we feel we can offer our customers the best of local produce for their sandwiches, and also tap into the current want by consumers to support their local businesses. Ultimately, we want to be known as the best sandwich shop in the North East, and well renowned for supporting local food providers, farmers and growers.
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Financial Overview. Land O’Lakes operates in five segments: Dairy Foods, Feed, Seed, Agronomy and Layers. Dairy Foods develops, produces, markets and sells a variety of premium butter, spreads, cheese and other related dairy products. Feed develops, produces, markets and distributes animal feed to both the lifestyle and livestock animal markets. Seed develops, markets and sells seed for a variety of crops, including alfalfa, corn, soybeans and forage and turf grasses. Agronomy primarily consists of the operations of Winfield Solutions, LLC, which distributes crop protection products including herbicides, pesticides, fungicides and adjuvant. Layers produces and markets shell eggs.
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Financial Overview. By looking to expand the business by approximately 5% per month, we have forecasted strong sales in the first year, following by improving this into years two and three. Sales for Year 1 are forecasted at £85,348. This is based upon slowly developing the business by capturing additional customers each month. These forecasted figures are based on the propensity to buy in the area, whilst including other factors such as the footfall on the main high street and being able to capture customers from our competitors. Even by Year 3 we are well below saturation point in terms of number of customer transactions per month, and feel that even Year 1 could be relatively conservative. By the end of Year 3 we are expecting sales for the year to be £275,275 with a Net Profit of £159,775. To ensure there is sufficient working capital available in the first years of trading, only the minimum amount is being drawn down from the business. Year 09/10 Year 10/11 Year 11/12 Receipts 100348 153293 275275 Payments 92790 100624 133896 Net Cash Flow 7558 52669 141379 Bank Balance 7558 60227 201606 Year 09/10 Year 10/11 Year 11/12 Sales 85348 153293 275275 Direct Costs 27165 48682 87421 Gross Profit ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Overheads ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Net Profit 20518 71060 159521
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Financial Overview. In consideration of Everside’s responsibilities under this Agreement, Client shall pay to Everside the amount described in Section 5.2 of this Agreement during the Initial Term and any Renewal Terms. Everside shall be responsible for paying Everside PC for its services out of the amounts that Client pays to Everside. Client shall also be responsible for the following expenses associated with the Everside Health Center (collectively, “Other Expenses”): (a) Start-Up Costs in an amount not to exceed $79,696. The actual Start-Up Costs will be reduced by any costs/expenses included in the Start-Up Cost Estimate attached hereto as Exhibit J, that the Client acquires directly. Beginning on the date upon which the Client received final and unappealed land development and zoning approvals, the Start Up Costs will be payable in forty-eight (48) equal monthly installments, except that upon any earlier termination of the Agreement, the remaining balance of the total amount of Start-Up Costs will immediately become due; (b) Operation and maintenance expenses incurred by Everside, except those described as the responsibility of Everside as described in Exhibit G 1 and 2; (c) Laboratory and pharmaceutical costs as described in Exhibit E; and (d) Other Expenses due under this Agreement shall be billed through separate invoices, which may be issued from Everside or directly from a third-party vendor. Such expenses shall become due and be paid as stated in the invoice.
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Financial Overview. Total NRE for the project, per the January 12, 2000 quotation was quoted at $163,268. . $10,518 is budgted for Test fixture materials. The remaining $152,750 was budgeted as labor. . On January 14, 2000, it was agreed to reduce the labor by $1575. The new NRE totals are: $161,693 total, $151,175 labor. . Labor to support the acitivities described in this project are billed out at the following rates: . Project Director $ 0 . Quality Engineer $ 0 . Manufacturing Engineer $105 . Test Engineer $105 . Material Coordinator $ 0 . Technician $ 55 . Document Tech $ 55 . PCB Designer $ 65 . Drafting $ 55 . In the event of a scope change, the billing rate for the Quality Engineer will be $105 per hour for efforts to support the scope change only. . Project RedButte is a fixed price project. SeaMED will invoice ▇▇▇▇ monthly for the amount of work performed until the fixed price limit is reached. Payments are not based on milestones.
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Financial Overview. In consideration of Everside’s responsibilities under this Agreement, Client shall pay to Everside the Fees described in Article 5 of this Agreement during the Initial Term and any Renewal Terms. Everside shall be responsible for paying Everside PC for its services out of the amounts that Client pays to Everside. Per section 3.2(m), Everside will also pay to GrantsPlus a total amount of Thirty Thousand Dollars ($30,000) for services that Grants Plus may provide to Client in connection with the Everside Health Center.
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Financial Overview. Tuition fees Part-time entrants Franchised courses Type of provision Max Fee p.a. Anticipated Student Numbers p.a. across all years
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Financial Overview 
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Related to Financial Overview

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions. 2. The Recipient shall ensure that interim unaudited financial reports for the Project are prepared and furnished to the World Bank not later than forty five (45) days after the end of each calendar quarter, covering the quarter, in form and substance satisfactory to the World Bank. 3. The Recipient shall have its Financial Statements for the Project audited in accordance with the provisions of Section 2.07(b) of the Standard Conditions. Each such audit of the Financial Statements shall cover the period of one fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the World Bank not later than six (6) months after the end of such period.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association not later than forty-five (45) days after the end of each calendar quarter, interim unaudited financial reports for the Project covering the quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Financial 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 days of the end of the fiscal year; d) within 30 days of its completion, submit the financial statement to the Secretariat; e) within 30 days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, at the expense of the Community Council.

  • Statement of Operations Statement of Changes in Net Assets.