Monthly Management Accounts definition

Monthly Management Accounts means the Borrower's consolidated financial statements for a Monthly Accounting Period in the form agreed between the Borrower and the Agent;

Monthly Management Accounts means the monthly management accounts of the Restricted Group to be delivered (or which may be delivered) to the Agent pursuant to clause 11.1 in a form and to accounting policies consistent with the Management Base Case and containing information of a substantially similar type as is required by such form;

Monthly Management Accounts means the monthly management accounts of the TCN Group delivered to the Agent pursuant to clause 10.1.8;

Examples of Monthly Management Accounts in a sentence

• The Monthly Management Accounts not only include the Forecast position for the current financial year but also over the MTFS period.

• The Pre-Signing Monthly Management Accounts have been prepared with reasonable care and attention from the accounting records of the Company and the Company Subsidiaries and have been prepared in all material respects on a basis consistent with past practice having regard to the purpose for which they were created and are accurate in all material respects and are not misleading in any material respect.

• Responsible Officer: Finance and Governance Manager Date: 1 August 2019Attachment 10.2A: May 2019 Monthly Management Accounts Attachment 10.2B: June 2019 Monthly Management AccountsSUMMARYThis report serves as a monthly summary of the Council’s operating financial position.

• So long as there are any amounts outstanding to the Lenders (or any of them) under this Agreement, the Borrower shall within 10 business days of delivery of the Monthly Management Accounts for the financial year ending on such 31 December, make payment into a Surplus Cash Security Account of an amount equal to 50% of the Surplus Cash.

• The Parent confirms that the ratio of Total Debt (including for these purposes, the amount of the Advance the subject of this notice) to Total Annualised Net Operating Cash Flow as calculated from the most recently delivered Monthly Management Accounts delivered to the Agent under the Agreement was [ ].

More Definitions of Monthly Management Accounts

Monthly Management Accounts means the monthly management accounts of the TCN Group to be delivered (or which may be delivered) to the Agent pursuant to clause 10.1(h) in the agreed form or containing information of the same type as is required by such form;

Monthly Management Accounts means the monthly management accounts of the Group delivered or to be delivered, to the Agent pursuant to clause 12.1.6(c);

Monthly Management Accounts has the meaning given to it in Clause 22 (Information Undertakings).

Monthly Management Accounts means collectively: (a) a Balance Sheet; (b) a Profit and Loss Statement showing the operating results of the Hotel during such immediately preceding calendar month and for the period commencing from the first day of that Financial Year and ending on the last day of such immediately preceding calendar month; and (c) a cashflow statement for the immediately preceding calendar month. “Operating Costs” means all costs reasonably incurred in managing the Hotel which are normally not treated as Ownership Costs under GAAP, and includes (without limiting the generality of the above):

Monthly Management Accounts means the unaudited and unreviewed statements of working capital and net debt as of the last day of each calendar month (except January 2009) beginning with the month ending June 30, 2008, and ending with the last month prior to the Completion Date for which such accounts are available prior to Completion, derived from the source data used in preparation of consolidated financial statements of TNK-BP Group, taking into account the principles set forth in the following, in order of priority:

Monthly Management Accounts means each set of consolidated management accounts of the Group, prepared by the Principal Borrower as at the end of each Month, such accounts being in a form and delivered in a manner to the Bank as required by clause 21.1 (Financial Information);

Monthly Management Accounts means the monthly performance reports prepared by the management of the Company in accordance with past practice, substantially as in the form of the management accounts of the Company with respect to October 2004 which are attached hereto as Exhibit 1.2 (Monthly Management Accounts);