PROVISIONAL STATEMENTS Clause Samples
A Provisional Statements clause establishes that certain information, figures, or statements provided within a contract are preliminary and subject to later confirmation or adjustment. In practice, this clause might apply to estimated costs, projected timelines, or other data that cannot be finalized at the time of agreement, allowing parties to update these details once more accurate information becomes available. Its core function is to manage expectations and reduce disputes by clarifying that provisional information is not final, thereby providing flexibility and transparency as circumstances evolve.
PROVISIONAL STATEMENTS. Where out-turn of refined metals is made by an independent third-party refinery on a provisional basis, the Gross Proceeds and the Royalty paid to Glamis for such metals in any month shall be based upon the amount of refined metal credited by such provisional settlement, but shall be adjusted in subsequent statements to account for the amount of refined metal established by final settlement by the refinery.
PROVISIONAL STATEMENTS. C.1. The purpose of this Agreement is to assure that all new development utilizing the municipal sanitary sewer system and annexing into the City’s jurisdictional boundary is built to the City’s urban standards and requirements in effect at the time City Council approved the annexation and development as authorized by law.
C.2. The Owner acknowledges that the Developer is granted the responsibility, on behalf of the owner, of fulfilling the conditions of annexation and any conditions for the Development proposed for the Property as outlined in this Agreement to assure the Property remains in the city limits and receives municipal sanitary sewer services, as well as all other city services.
C.3. The Developer acknowledges and accepts the responsibility, granted by the Owner, for fulfilling the conditions of annexation and any conditions for the Development proposed for the Property as outlined in this Agreement to assure the Property remains in the city limits and receives municipal sanitary sewer services, as well as all other city services.
C.4. The Owner/Developer acknowledges and accepts the responsibility for fulfilling the conditions of annexation and any conditions for the Development proposed for the Property as outlined in this Agreement to assure the Property remains in the city limits and receives municipal sanitary sewer services, as well as all other city services.
C.5. The Developer Owner/Developer acknowledges the understanding that Resolution No. NUMBER, this agreement and Development approvals shall immediately become null and void and the City shall immediately revoke rights to all city services, including municipal sanitary sewer service, upon any failure of the Developer Owner/Developer or the Developer’s Owner’s/Developer’s heirs, successors, administrators, executors, personal representatives and assigns to fulfill the conditions of annexation, or this agreement or the approved Development plans.
C.6. The Developer Owner/Developer agrees to abide by all City of Missoula codes and regulations related to urban development that are in effect at the time of City Council approval of the annexation and will pay all city fees related to the Development on the Property.
C.7. Upon Owner’s execution of this Agreement, City acknowledges that the completion of the conditions of annexation and Development become primarily the burden of the Developer in accordance with the responsibilities granted to the Developer by the Owner.
C.8. Upon Developer’s...
PROVISIONAL STATEMENTS. Borrower shall furnish to Lender as soon as available, but in any event within 90 days after the close of each Fiscal Year, the following annual financial statements of Borrower and its subsidiaries, which financial statements may be unaudited, but shall be prepared in accordance with GAAP and shall be certified to such effect, subject to normal year-end adjustments, by the chief executive officer or the chief financial officer of Borrower, who shall certify that such financial statements fairly present in all material respects the financial condition and the results of operations of Borrower and its subsidiaries as of the date and for the periods set forth therein: consolidated and consolidating balance sheets as of the end of such Fiscal Year, and consolidated and consolidating statements of income, stockholders’ equity and changes in financial position for such Fiscal Year. In each case, such financial statements shall show comparisons to the prior year; and