Financial Situation definition

Financial Situation means the pro forma financial situation of MF Power as defined under recital K Fineldo Quota has the meaning specified under recital A (i).
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Financial Situation. In case of tenders having the bid closing date up to 30th September of the relevant financial year and audited financial results of immediate preceding financial year is not available, in such a case the audited financial results of the year immediately prior to that relevant financial year will be considered as last financial year for “Net Worth” and “Working Capital” calculations as specified in Financial BEC. Wherever, the bid closing date is after 30th September of the relevant financial year, bidder has to compulsorily submit the audited financial results for the immediate preceding financial year.
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Financial Situation means the salary, wages, investments, savings or debt of a person.
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Examples of Financial Situation in a sentence

  • The Bidder shall meet all the criteria regarding Eligibility, Historical Contract Non Performance, Financial Situation and Experience.

  • The Company has no actual or potential contingencies or contingent liability towards third Parties, nor debts, properties, guarantees or similar, which are not reflected in the Financial Situation, according with Accounting Principles.

  • The monthly amount of the mobility grant awarded to selected students will differ according to the student’s ISEE (Equivalent Financial Situation Indicator).

  • Current Financial Situation was determined by responses to the survey item, “How would you characterize your current financial situation?” Possible answer choices were: It’s a financial struggle; It’s tight but I’m doing fine; Finances aren’t really a problem.

  • The provisions of the conciliation protocol are described in chapter 18.7 "Significant Change in the Group's Financial Situation" of the Universal Registration Document.

  • Annual Analysis Of The Client’s Financial Situation To Ensure The Client is in the Right Loan Program And To Ensure Maximum Monthly Savings And/Or Forgiveness Of Loans, If Eligible.

  • The Respondent acknowledges that the mistakes were made in the computation and presentation of its Historical Financial Performance and Average Annual Turnover (“the "Financial Situation") presented in Forms FIN 3.1 for the Lots 1, 2 and 4 Bids.

  • The minimum criteria for Eligibility, Historical Contract Non-performance, Financial Situation (Including Bid Capacity) and Experience, to be met by the Bidder in order to qualify are given in para 2.1 to 2.5 below.

  • Table 2.10: IV Estimates for the Effects of the Policy: Total Income Excellent/Very Good Health Poor/Very Poor Health Used any Health Service Financial Situation very difficult Satisfied with Job Spend >£80 on Leisure (0.0390) (0.0247) (0.0462) (0.0150) (0.0418) (0.0262) Observations 4,455 4,455 4,455 4,455 4,455 4,455 Robust standard errors are shown in parentheses.

  • Financial Situation - In the event that a financial situation (short fall or wind fall) occurs during this contractual time which may jeopardize the ability to honor the terms and conditions of the contract or enhance the terms of the contract, then both the Florida Education Association and the Florida Staff Organization will return to the table for negotiations.

Related to Financial Situation

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • LLC means Limited Liability Company.