Financial Status. The average annual turnover from similar jobs, of the firm should not be less than 15 Lakhs in the last three years. Copies of profit & loss account and balance sheets duly authenticate by a Chartered Accountant for the last three years should be enclosed.
Financial Status. The Borrower will maintain at all times:
Financial Status. The Contractor warrants that at the time of the commencement of its performance under this Contract, it has not commenced bankruptcy proceedings and that there are no judgments, liens or encumbrances of any kind affecting title to any goods that are the subject of this Contract.
Financial Status. Neither Seller nor the Partnership has (a) made a general assignment for the benefit of its creditors; (b) had an attachment, execution or other judicial seizure of any property interest which remains in effect; or (c) become generally unable to meet its financial obligations as they mature; and neither Seller (with respect to the Partnership only) nor the Partnership has admitted in writing its inability to pay its debts as they mature.
Financial Status. Holder is an “accredited investor” as such term is defined in Regulation D promulgated under the Securities Act. Holder is able to bear the economic risk of an investment in shares of Parent Common Stock for an indefinite period of time, has adequate means of providing for its, his or her current financial needs and personal contingencies, has no need for liquidity in the investment in shares of Parent Common Stock, understands that Holder may not be able to liquidate its, his or her investment in Parent in an emergency, if at all, and can afford a complete loss of the investment.
Financial Status. Bidder must have an average annual turnover of Rs. 30 lakh during the last 3 financial years (Documentary proof like financial statement /Balance sheet from Chartered Accountant/ equivalent statutory authority to be submitted).
Financial Status. Maintain:
Financial Status. A. Replacement Reserve is: Fully-funded Under-funded Amount (complete attached schedule) Tax/Insurance Escrow is: Fully-funded Under-funded Amount (complete attached schedule) Property is operating at a: Surplus Deficit Amount If deficit, General Partner funding? Yes No Amount Mortgage Payments are: On Schedule Delinquent Amount Are the taxes current? Yes No (please provide copy of paid tax xxxx) Is the insurance current? Yes No Renewal Date (please provide copy of yearly renewal) B. Please note and explain any significant changes in the following: Administrative Expense Increase Decrease Amount ------------------------------------------------------------------------ ------------------------------------------------------------------------ Repairs/Maintenance Expense Increase Decrease Amount ------------------------------------------------------------------------ ------------------------------------------------------------------------ Utility Expense Increase Decrease Amount ------------------------------------------------------------------------ ------------------------------------------------------------------------ Taxes/Insurance Expense Increase Decrease Amount ------------------------------------------------------------------------ ------------------------------------------------------------------------
Financial Status. Financial Covenants, if any, will be as set forth in an addendum to this Agreement.
Financial Status. The Borrower is not insolvent (as such term is defined in Section 101(32) of the United States Bankruptcy Code of 1978, as amended or Minnesota Statutes Section 513.42, as amended) and will not be rendered insolvent (as such term is defined in Section 101(32) of the United States Bankruptcy Code of 1978, as amended or Minnesota Statutes Section 513.42, as amended) by execution of this Credit Agreement or any other of the Loan Documents, or consummation of the transactions contemplated thereby.
