Financial Situation Sample Clauses

Financial Situation. Financial indictors prove Offerors long term sustainability and possession of sufficiently sound financial position to ensure it can meet its financial commitments under the Agreement. This will be evaluated through the submitted Audited Financial Statements of the past three years that is 2014, 2015 and 2016.

Financial Situation. Aspects of the financial situation were the source of funding for the PhD research, whether sufficient funding was available for research material, research trips, and PhD-related training, and what the monthly disposable income of the PhD was (i.e., after tax deduction). The response categories to the latter question were “less than 500 euros”, “500-1000 euros”, “1000-1500 euros”, and “more than 1500 euros”.

Financial Situation. The Purchaser is an "accredited investor" as that term is defined in Securities and Exchange Commission Rule 501 of Regulation D of the Securities Act of 1933, as amended and presently in effect. The Purchaser has adequate means of providing for such Purchaser's current needs and possible personal contingencies, and has no need for liquidity of such Purchaser's investment in the Company, such Purchaser can bear the economic risk of losing such Purchaser's entire investment herein, such Purchaser has such knowledge and experience in financial and business matters that such Purchaser is capable of evaluating the relative risks and merits of this investment, and such Purchaser's overall commitment to investments which are not readily marketable is not disproportionate to such Purchaser's net worth and the investment made hereby will not cause such overall commitment to become excessive.

Financial Situation. The first aspect of research infrastructure, and the main factor that separates internals and externals, is the mode of funding. Internals are paid by the university and are thus employees, whereas externals often are not. Hence, it makes sense for the source of funding to differ by type of employment. Indeed it does: internals are often funded through Leiden University or the Netherlands Organisation for Scientific Research (NWO), whereas externals are not. Externals, in turn, are more likely to be funded through a non-Dutch university, non-Dutch state authorities, or a non-Dutch private business. They also draw upon personal funds more, such as savings or funds from relatives or friends. Finally, they are more likely than internals to be funded through other employment next to the PhD position. We assessed whether respondents have sufficient funding available for research (research material, research related training, and research trips), and compared internals and externals. Our results show that close to 90% of internals have sufficient funding for research available, compared to 30% of externals (Table 2; p < 0.001 in ▇▇▇▇-▇▇▇▇▇▇▇ U test). Research funding for externals is often insufficient or completely absent. Hence, there is much more heterogeneity within the group of externals than in the group of internals, with the former being more likely to have insufficient research funding. This means, for example, that externals probably visit fewer conferences, which can be used to establish an academic network. Furthermore, the presentation of papers at conferences is shown to increase the visibility of these papers, especially if they were written by early career researchers (▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, 2015). These benefits are missed by PhD candidates who have insufficient finances to visit scientific conferences.

Financial Situation. The Purchaser has adequate means of providing for such Purchaser’s current needs and possible personal contingencies, and has no need for liquidity of such Purchaser’s investment in the Company, such Purchaser can bear the economic risk of losing such Purchaser’s entire investment herein, such Purchaser has such knowledge and experience in financial and business matters that such Purchaser is capable of evaluating the relative risks and merits of this investment, and such Purchaser’s overall commitment to investments which are not readily marketable is not disproportionate to such Purchaser’s net worth and the investment made hereby will not cause such overall commitment to become excessive.

Financial Situation. (i) The Financial Statement is attached to the present Contract as Annex B. (ii) The Financial Statement of the Company, which has been prepared in compliance with the applicable provisions of law and with the Accounting Principles, clearly and accurately reflects, providing a faithful picture thereof, the economic and financial situation of the Company. The Company has no actual or potential contingencies or contingent liability towards third Parties, nor debts, properties, guarantees or similar, which are not reflected in the Financial Situation, according with Accounting Principles. (iii) Up to the date of the Financial Statement, the Company has not incurred in any kind of liability other than the ones arising out of the carrying out of Company’s normal activities.

Financial Situation. Criteria Compliance Requirements Documents Requirement Single Entity Joint Venture Submission Requirements All Partners Combined Each Partner One Partner 2.3.1 HISTORICAL FINANCIAL PERFORMANCE Submission of audited balance sheets or, if not required by the law of the Bidder’s country, other financial statements acceptable to the Employer, for the last three [3] years to demonstrate the current soundness of the Bidders financial position and its prospective long-term profitability. As a minimum, a Bidder's net worth for the last three [3] years from 2016 to 2018 shall be positive respectively **Last 3 years: 2016, 2017, 2018 must meet requirement not applicable must meet requirement not applicable Form FIN - 1 with attachments * The financial information provided by a Bidder should be reviewed in its entirety to allow a truly informed judgment, and the pass-fail decision on the financial position of the Bidder should be given on this basis. Any abnormal features which may lead to financial problems should alert the Employer to seek expert professional advice for further review and interpretation.

Financial Situation. (Not to be completed by clients that are classified a eligible counterparties or professional clients) Assets: Bank deposits, SEK NOK Real Estate, SEK NOK Securities, SEK NOK Other capital, SEK NOK Debt / other liabilities: Totalt, SEK NOK Annual income: Totalt, SEK NOK Will the investment(s) constitute a significant percentage of your disposable liquidity? Yes No

Financial Situation. The Licensor has not committed an act of bankruptcy, proposed a compromise or arrangement to its creditors generally, had any petition in bankruptcy filed against it, filed a petition or undertaken any action proceeding to be declared bankrupt, to liquidate its assets or to be dissolved.