Financial Summaries definition

Financial Summaries means summaries of financial information for the Store that we prepare from the Bookkeeping Records in the form of income statements, balance sheets, reports reflecting credits and debits to your Open Account, inventory records and other records and reports relating to Store income, expenses, profits and losses, assets and liabilities. The Financial Summaries are prepared in the manner we deem appropriate and are prepared for each Accounting Period.
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Financial Summaries the financial summary for each Terminal, attached to the Disclosure Letter;
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Financial Summaries means the financial statements (including the notes thereto) of the Business referenced in Section 4.2 and constituting a part of Section 4.2 of the Disclosure Schedule.
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Examples of Financial Summaries in a sentence

  • Your endorsement of any check sent with the final Financial Summaries or other acceptance of the funds tendered by us acknowledges your release of all claims affecting the figures set forth in the final Financial Summaries.

  • You hereby consent to our use and disclosure of any information relating to this Agreement or the Store or contained in the Bookkeeping Records to anyone; provided, however, that we will only disclose your Financial Summaries on an anonymous basis, unless we are legally compelled to disclose them on a non-anonymous basis by subpoena, court order, or otherwise.

  • You acknowledge that we may prepare Interim Financial Summaries at any time.

  • Within one hundred five (105) days after the last day of the month in which the surrender and transfer of the Store and 7-Eleven Equipment occurs, we agree to deliver final Financial Summaries to you.

  • If the final Financial Summaries reflect a debit balance in the Open Account, you agree to immediately pay us the debit balance.

  • We will show the Open Account balance in the Financial Summaries or Interim Financial Summaries that we prepare for each Accounting Period (or any portion thereof).

  • We may reconcile the 7-Eleven Charge account reflected in the Financial Summaries on a monthly or other periodic basis.

  • We agree to permit you to transfer the Final Inventory to a third-party transferee only if all amounts that you owe us and our Affiliates are paid in full and you make arrangements satisfactory to us for the payment of any amounts which may become due upon delivery of final Financial Summaries.

  • If the final Financial Summaries reflect a credit balance in the Open Account, we agree to deliver a check in the amount of the credit balance with the final Financial Summaries.

  • The Buyer acknowledges and agrees that the Financial Statements will be prepared on a basis different from the basis used to prepare the Financial Summaries.


More Definitions of Financial Summaries

Financial Summaries means unaudited financial information of the Business in substantially the form contained in Schedule 10B hereto, including statements of revenue and expense, for and as of the end of (i) the year ended December 31, 2008 and (ii) each full month completed from the Measurement Date through and including the month ending June 30, 2009.
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Financial Summaries. See Paragraph 10 of the Agreement.
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