P&L Statement definition

P&L Statement has the meaning set forth in Section 4.2(a).
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P&L Statement shall have the meaning set forth in SECTION 2.4 of the Agreement.
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P&L Statement shall have the meaning set forth in Section 3.7(a).
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Examples of P&L Statement in a sentence

  • If either Party owes an amount to the other Party pursuant to Section 6(a) or 6(b), it shall make such payment within [ * ] after receipt of the P&L Statement, but in no event shall such payment be due earlier than [ * ] after the end of the relevant quarter.

  • Copies of the audited balance sheet and P&L Statement of the company showing the same is to be submitted.

  • Within [ * ] after the close of [ * ] in which Products are sold, or earlier if possible, during the Term (i.e., [ * ], JT shall furnish to Tularik a statement (the "P&L Statement") setting forth for each country in the Co-Promotion Territory, Net Sales of each Product, [ * ] (as defined in Section 6(l)), Co- Promotion Expenses and all data on which the determination of each Party's Share of Co-Promotion Profit or Share of Co-Promotion Loss was calculated.

  • If Sensata disagrees with a P&L Statement, Sensata shall notify EMS in writing of its objections to any such statement, and such notice shall specify those items or amounts as to which Sensata disagrees (“Disputed Items”), and Sensata shall have deemed to have agreed with all other items and amounts contained in the P&L Statement.

  • Either EMS or Sensata, as the case may be, shall make either a Loss Payment or Profit Payment as indicated in the short-period P&L Statement, pursuant to the terms of payment set forth in Section 4 below.

  • For the avoidance of doubt, Unresolved Items relating to more than one P&L Statement may be simultaneously submitted to the CPA Firm.

  • Turnover for this purpose should be as per audited Balance Sheet including P&L Statement/ Published Account / Profit & Loss Account Statement of the tenderer.

  • Within [ * ] after the close of each calendar quarter in which Products are sold, or earlier if possible, during the Term (i.e., [ * ]), JT shall furnish to Tularik a statement (the "P&L Statement") setting forth for each country in the Co-Promotion Territory, Net Sales of each Product, Co- Promotion Expenses and all data on which the determination of each Party's Share of Co-Promotion Profit or Share of Co-Promotion Loss was calculated.

  • Total Revenue as per Schedule III of Companies act, 2013 (Earlier revised Schedule VI of Companies Act, 1956) shall be considered as Turnover.Audited Balance Sheet (P&L Statement)/ Published accounts on a calendar year basis shall also be acceptable.

  • The subsequent text deals mainly with the balance sheet and the P/L Statement.


More Definitions of P&L Statement

P&L Statement means a profit and loss statement for the Business (as carried out by the Group Companies as per Closing and as further developed and expanded in accordance with the business plan (attached hereto as Appendix 4) and as may otherwise be agreed between the Parties) for the full financial year 2020.
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Related to P&L Statement

  • Final Statement means the statement defined in Sub-Clause 14.11 [Application for Final Payment Certificate].

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Annual Statement means the annual statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation, which statement shall be in the form required by such Insurance Subsidiary’s jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing annual statutory financial statements and shall contain the type of information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Financial Statements has the meaning set forth in Section 3.06.

  • Financial Statement Date means December 31, 1999.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Quarterly Financial Statements is defined in Section 6.2(a).