Financial Representation. Franchisee represents that it has the financial ability to full perform its obligations as set forthin this Agreement.
Financial Representation. The Purchaser was organized on August 27, 1998, has had no operations and has performed no other acts other than those incident to its organization. Purchaser's only asset is the $100 which the Parent paid for the 1,000 issued and outstanding shares of the Purchaser's common stock, par value $.01 per share and the Purchaser has no liabilities.
Financial Representation. A. SELLER represents and warrants that it is and will remain throughout the term of this Purchase Order solvent and adequately capitalized and financially capable to perform all obligations necessary to execute the Work, collectively referred to in this General Condition as “financial capability”. From time to time and at BUYER’S request, SELLER shall provide BUYER with information satisfactory to BUYER to verify SELLER’S financial capability and the financial capability of its Subsuppliers within five (5) days of BUYER’S request.
Financial Representation. Buyer Parties have and will have the financial resources to carry out the transactions contemplated herein, including the payment of the Purchase Price and Margin Bonus Payment.
Financial Representation. As of January 31, 2007, the Company had accounts receivable of $458,518.
Financial Representation. (a) Tenant represents and warrants (and understand that it is a material consideration for Landlord entering this Lease) the truth, completeness and accuracy of any financial information, including, without limitation, financial statements, profit and loss statements, credit references, statements or net worth, proposed income and expense statements, pro forma operating statements, estimated costs of inventory and/or fixtures relating to the Premises, given by Tenant, any of its partners, employees, officers or agents, or by any guarantor of all or any part of Tenant's obligations hereunder, and further represents and warrants that same contain no material misstatement or omissions of fact.
Financial Representation. Net Sales ("Net Sales calculated according to U.S. Generally Accepted Accounting Principles), for the twelve (12) month period ending December 31, 2002, will be in excess of $4.2 Million Dollars. In the event that Net Sales do not equal or exceed $4.2 Million Dollars for the twelve months ending December 31, 2002, up to $200,000.00 of the Holdback will be released to Purchaser dollar for dollar based on the sales shortfall.
Financial Representation. Tenant hereby represents and warrants to Landlord that Tenant has closed on the line of credit in the amount of $2,500,000. Tenant represents and warrants to Landlord that the financial statements of Tenant attached hereto as Exhibit C are true and correct in all material respects. Tenant further represents and warrants to Landlord that although the projections attached as a part of Exhibit C are projections only and subject to change, such projections were prepared by Tenant in good faith and without knowledge of any material misrepresentation or falsehood.
Financial Representation. The Cash Flow of the Business was not less than $3.75 million for the 12 months ended September 30, 2006. For purposes of this Section 4.7 “Cash Flow” shall mean earnings before interest, taxes, depreciation and amortization, minus capital expenditures, plus or minus the change in the Working Capital balance between October 1, 2005 and September 30, 2006, minus cash payments for capitalized leases. For this purpose, Working Capital shall be determined in the same manner as Closing Working Capital Value and September Working Capital Value are determined for purposes of Schedule 1.1.
Financial Representation. 15 Article IV: Termination...................................................15 4.0
