Basic Financial Statements definition

Basic Financial Statements as defined in subsection 6.3.2.

Basic Financial Statements means the documents defined as financial statements by the statements of the Governmental Accounting Standards Board (GASB).

Basic Financial Statements as defined in subsection 6.3.3. Borrower: any of the Borrowers. Borrowers: SAI, SACC, MSG, ASMS, AMJ, ERC and each Permitted Subsidiary. Borrowers' Obligations: (i) any and all Indebtedness due or to become due, now existing or hereafter arising, of Borrowers to Lenders and/or Agent pursuant to the terms of this Loan Agreement or any other Loan Instrument and (ii) the performance of the covenants of Borrowers contained in the Loan Instruments.

Examples of Basic Financial Statements in a sentence

• Pursuant to the provisions of GASB Statement No. 34, Basic Financial Statements - and Management’s Discussion and Analysis - for State and Local Governments, as amended by GASB Statement No. 35, Basic Financial Statements - and Management’s Discussion and Analysis - for Public Colleges and Universities, the full scope of the College’s activities is considered to be a single business-type activity and accordingly, is reported within a single column in the basic financial statements.

• This format is essentially the generally accepted form of presentation used by state and local governments prior to the effective date of GASB Statement No. 34, Basic Financial Statements – Management’s Discussion and Analysis for State and Local Governments with certain modifications.

• Pursuant to the provisions of GASB Statement No. 34, Basic Financial Statements - and Management’s Discussion and Analysis - for State and Local Governments, as amended by GASB Statement No. 35, Basic Financial Statements - and Management’s Discussion and Analysis - for Public Colleges and Universities, the full scope of the University’s activities is considered to be a single business-type activity and accordingly, is reported within a single column in the basic financial statements.

• Using these Basic Financial Statements This annual report consists of a series of financial statements and notes to those statements.

• Pursuant to the provisions of GASB Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments, as amended by GASB Statement No. 35, Basic Financial Statements – and Management’s Discussion and Analysis – for Public Colleges and Universities, the full scope of the College’s activities is considered to be a single business-type activity (BTA) and accordingly, is reported within a single column in the basic financial statements.

• The Governmental Accounting Standards Board has issued Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments; Statement No. 37, Basic Financial Statements – and Management’s Discussion and Analysis – for State and Local Governments: Omnibus; and Statement No. 38, Certain Financial Statement Note Disclosures.

• Using the Basic Financial Statements This annual report consists of a series of financial statements and notes to those statements.

• Notes to the Basic Financial Statements For the Fiscal Year Ended June 30, 2020 2.

• Notes to the Basic Financial Statements For the Year Ended December 31, 2010 NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) E.

• GASB No. 63, Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources, and Net Position, and GASB No. 65, Items Previously Reported as Assets and Liabilities, amend GASB No. 34, Basic Financial Statements – and Management’s Discussion and Analysis for State and Local Governments, to incorporate deferred outflows of resources and deferred inflows of resources in the financial reporting model.

More Definitions of Basic Financial Statements

Basic Financial Statements has the meaning assigned to that term in subsection 5.3.2.

Basic Financial Statements as defined in subsection 0. Borrower: means Carolina National Transportation Inc., an Indiana corporation; Gulf Line Transport Inc., an Indiana corporation; Five Star Transport, Inc., an Indiana corporation; Cam Transport, Inc., an Indiana corporation; Unity Logistic Services Inc., an Indiana corporation; ERX, Inc., an Indiana corporation; Friendly Transport, Inc., an Indiana corporation; Transport Leasing, Inc., an Arkansas corporation; Harbor Bridge Intermodal, Inc., an Indiana corporation; Patriot Logistics, Inc., an Indiana corporation; Liberty Transport, Inc., an Indiana corporation; and Keystone Lines Corporation, a California corporation, and such other entities owned or controlled by any of the foregoing or US 1 Industries, Inc., an Indiana corporation, which elect to be designated as a Borrower hereunder in writing and on terms satisfactory to Lender, and to which Lender agrees in writing to extend credit hereunder and to designate as an additional Borrower.

Basic Financial Statements as defined in subsection 6.3.2. BORROWER: as defined in the Preamble to this Loan Agreement.

Basic Financial Statements as defined in subsection 6.3.2. -------------------------- Bird Purchasing Sub: Bird Purchasing, Inc., a Washington corporation. ------------------- Bonnyville: Bonnyville Construction Company, a Colorado corporation. Bonnyville Indebtedness: the Indebtedness for Borrowed Money owed by ----------------------- Borrowers to Bonnyville as of the Closing Date. Bonnyville Indebtedness Instruments: all documents, instruments and ----------------------------------- agreements evidencing, securing or governing the terms of repayment of the Bonnyville Indebtedness.

Basic Financial Statements as defined in subsection 6.3.3. -------------------------- Borrower: any of the Borrowers. -------- Borrowers: collectively, InfoCure, Rovak, CCI Acquisition, Inc., Polci, HCD, --------- KComp, SoftEasy, DR Software, Xxxxxxx-Xxxxx, ICS, OPMS, Pace, MD Acquisition, Inc., each Acquisition Subsidiary and any Target acquired by InfoCure pursuant to an Equity Acquisition. Borrowers' Obligations: (i) any and all Indebtedness due or to become due, ---------------------- now existing or hereafter arising, of Borrowers to FINOVA pursuant to the terms of this Loan Agreement, any other Loan Instrument or otherwise, including, without limitation, the Contingent Obligation Payment required to be made by Borrowers pursuant to Section 2.11, and (ii) the performance of the covenants of Borrowers contained in the Loan Instruments. Business Day: any day other than a Saturday, Sunday or other day on which ------------ banks in Phoenix, Arizona or New York, New York are required to close. Capital Expenditures: payments that are made or liabilities that are incurred -------------------- by any Borrower for the lease, purchase, improvement, construction or use of any Property, the value or cost of which under GAAP is required to be capitalized and appears on such Borrower's balance sheet in the category of property, plant or equipment, without regard to the manner in which such payments or the instruments pursuant to which they are made are characterized by such Borrower or any other Person.

Basic Financial Statements as defined in subsection 6.3.3. Borrower: either of the Borrowers. Borrowers: CBC and CLI.