Financial Statement Terms Clause Samples
The Financial Statement Terms clause defines the requirements and standards for the preparation, delivery, and content of financial statements exchanged between parties. Typically, it specifies the type of financial statements required (such as audited annual or unaudited quarterly reports), the accounting principles to be used (like GAAP or IFRS), and the deadlines for submission. This clause ensures that all parties have access to reliable and timely financial information, promoting transparency and enabling informed decision-making or compliance monitoring.
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Financial Statement Terms. For purposes of Section 4.2(b), (a) all accounting terms shall exclude amounts attributable to Boeing Capital Corporation and its Subsidiaries and Boeing Financial Corporation, a Delaware corporation; and (b) Total Capital shall exclude the effects of (i) any merger-related accounting adjustments which are attributable to the merger with or acquisition of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation by TBC and (ii) any repurchase by TBC of its common stock from the date of the merger with or acquisition of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation by TBC.
Financial Statement Terms. For purposes of Section 4.2(b), all capitalized terms not defined in this Agreement shall have the respective meanings used in TBC’s published Consolidated financial statements and calculated under the generally accepted accounting principles and practices applied by TBC on the date hereof in the preparation of such financial statements. However, notwithstanding the foregoing, (a) such terms shall exclude amounts attributable to Boeing Capital Services Corporation and its Subsidiaries and Boeing Financial Corporation, a Delaware corporation; and (b) Total Capital shall exclude the effects of (i) any merger-related accounting adjustments which are attributable to the merger with or acquisition of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation by TBC and (ii) any repurchase by TBC of its common stock.
Financial Statement Terms. For purposes of Section 4.02(b) above, all capitalized terms shall be as they appear on TBC's published Consolidated financial statements and calculated under the generally accepted accounting principles and practices applied by TBC on the date hereof in the preparation of such financial statements. However, notwithstanding the foregoing, Total Capital shall exclude the effects of any repurchase by TBC of its common stock and any merger-related accounting adjustments which are attributable to the merger with or acquisition of the McDonnell Douglas Corporation by TBC.