Annual Income Statement definition

Annual Income Statement shall have the meaning set forth in Section 4.4(a).
Sample 1Sample 2Sample 3
Annual Income Statement has the meaning set forth in Section 1.7(a).
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Annual Income Statement. Section 2.4.1 "Appraiser" Section 6.7.4 "Baseline Date" Section 2.4.5(b) "Books and Records" Section 6.10 "Buyer" Preamble "Buyer Financial Statements" Section 5.2.1(a) "Buyer Indemnitee" Section 10.1 "Buyer Disclosure Letter" Article V "Buyer Interim Balance Sheet" Section 5.2.1
Sample 1

Examples of Annual Income Statement in a sentence

  • The audit of the Annual Income Statement shall be at Buyer’s expense and shall be conducted by an independent accounting firm registered with the Public Company Accounting Oversight Board retained by Buyer.

  • He further stated that principal defendant No 1 through his Managing Director Sailen Das, i.e., defendant No 2 (since deceased) and his agents and employees approaches him and his wife and also one Partha Pratim Das with lucrative offer that if they kept their money with principal defendant No 1 company then defendant No 1 will give written assurance to them enabling them to earn much profit.

  • The Annual Income Statement fairly presents in all material respects the operating profit of the Business for the year ended March 31, 2004 and the June Income Statement, when delivered, will fairly present in all material respects the operating profit of the Business for the three months ended June 30, 2004, in each case in accordance with the Applicable Accounting Principles.

  • The Annual Income Statement shall be (a) in accordance with the books and records of Seller, (b) present fairly in all material respects the results of operations of the Property for the periods therein specified, (c) prepared in accordance with U.S. generally accepted accounting principles, consistently applied, and Rule 8-06 of Regulation S-X (17 C.F.R. Part 210), and (d) otherwise acceptable to Buyer in its reasonable discretion.

  • The Committee shall determine the basis, methodology and calculation for, and any estimates used in, determining the Gross Profit for the portion of the fiscal year immediately preceding the Change in Control Date and following the most recent Annual Income Statement or Quarterly Income Statement of the Company, as applicable and such determination shall be final and binding on all parties, including the Company and the Participant.

  • Upon request from Buyer, Seller agrees to cooperate with Buyer, and provide all assistance and access to the books and records of Seller, as required for the audit of the Annual Income Statement, to be completed no later than the 70th day following the Closing, unless Buyer extends such deadline in its sole discretion.

  • Upon request from Buyer, Seller shall also provide to Buyer, any schedules or supporting documentation that Buyer may reasonably request that relate to the transactions included or to be included in the Annual Income Statement.

  • Annual Income Statement For The Financing Business: Monopoly Competition Without Cost Advantage It is assumed that being annual and in US dollars, the upper income statement is prepared for the year ending 2021.

  • Section 6.8 of the Franchise Agreement requires all Franchisees to submit an Annual Income Statement (Annual Detail Cost Report) prepared in accordance with “generally accepted accounting principles.” To assist in rate setting, the Franchise Agreement also provides that the City may at its discretion require representative Franchisees to submit other financial information including a statement of income, a balance sheet and a statement of cash flow (sources and application of funds).

  • Upon request from Buyer, Seller agrees to prepare for delivery to Buyer, unaudited income statements, along with accompanying notes, with respect to the Property for the twelve months ended December 31, 2017 (“Annual Income Statement”) and the nine months ended September 30, 2018 (“Interim Income Statement” and, with the Annual Income Statement, the “Income Statements”).

Related to Annual Income Statement

  • Annual income means all amounts, monetary or not, which:

  • Annual Statement means the annual statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation, which statement shall be in the form required by such Insurance Subsidiary’s jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing annual statutory financial statements and shall contain the type of information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Fiscal Year End means December 31 of each calendar year.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Annual Financial Statement is defined in Section 10.1(a).

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Budget month means the calendar month from which nonfinancial and financial information is used to determine eligibility (see section (28) of this rule) and benefit level for the payment month (see section (50) of this rule).

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Fiscal Year means the fiscal year of the Company.

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Financial Statement Date means December 31, 1999.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Trust Fiscal Year means the period commencing on March 1 of any year and ending on February 28 (or February 29, if applicable) of the following year.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.