Examples of Disclosed Items in a sentence
Except for any Disclosed Items or as specifically contemplated by Section 4.9(d) hereby, the sole Asset owned by DMI is 501,349 units of limited partnership interest in Duke Realty Limited Partnership.
The Borrower will, and will cause each of its Subsidiaries to, comply with all laws, rules, regulations and requirements of any Governmental Authority applicable to its business and properties, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect (excluding the effects of the matters as described in the Disclosed Items).
Six months to 30 June 2023£m Six months to 30 June 2022£mOperating costs Amortisation of acquisition intangibles(a)(17.2)(16.5)Acquisition and integration costs(b)(3.6)(3.8)Restructuring costs(c)(9.6)-Total operating costs (30.4)(20.3)Net financing costs(d)(1.1)(0.4)Total before income tax (31.5)(20.7)Income tax credit on Separately Disclosed Items 7.43.1Total (24.1)(17.6)Refer to Presentation of Results section for further details on SDIs.
Since March 31, 2006, there has been no event with respect to the Borrower and its Subsidiaries which has had or could reasonably be expected to have a Material Adverse Effect (excluding the effects of the matters as described in the Disclosed Items).
Restructuring and reorganisation costs, such as reducing overhead and consolidating facilities, are included in the Separately Disclosed Items as Management believes that these effects are not indicative of the normal operating income and expenses.
The Borrower and each Subsidiary is in compliance with (a) all Requirements of Law and all judgments, decrees and orders of any Governmental Authority and (b) all material indentures, material agreements or other material instruments binding upon it or its properties, except where non-compliance, could not reasonably be expected to result in a Material Adverse Effect (excluding the effects of the matters as described in the Disclosed Items).
Separately Disclosed Items are items which by their nature or size, in the opinion of the Directors, should be excluded from the adjusted result to provide readers with a clear and consistent view of the business performance of the Group and its operating divisions.
During 2020, management undertook a review of its financial disclosures and as a result, a number of updates were made including; i) the reclassification of Mercury Payments Services LLC (‘Mercury’) as a continuing operation, ii) underlying EBITDA1 and underlying net income1 now include items that were previously classified as Specially Disclosed Items (SDIs), and iii) Underlying free cash flow1 now comprises additional deductions, including but not limited to SDIs affecting EBITDA.
Since the dates of such statements, there has been no material adverse change in the business or financial condition of Guarantor, except for the Disclosed Items described on Exhibit E attached hereto.
DRAFT Part B – Disclosed Items Master Developer Nakheel PJSC (Jumeirah Village Co. LLC).