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 3.7(a).
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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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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.

  • 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.

  • 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.

  • Additionally, if the accountant determines that the P&L Statement submitted by the Audited Party overstate the Audited Party’s expenses by more than ten percent (10%), the Audited Party shall reimburse the Auditing Party for the expenses incurred by the Auditing Party in conducting the audit.

  • The P&L Statement and the Statement of Inventory and Assets are attached hereto as SCHEDULE2.4.

  • Warner will submit any amount due to CoCensys pursuant to Section 7.15 (a) or 7.15 (b), as the case may be, with the P&L Statement.

  • The Estimated Closing Balance Sheet and Estimated P/L Statement shall be determined in good faith on a reasonable basis using the then available information of the Seller, and shall be certified by the chief financial officer of the Seller.

  • The other twenty-five percent (25%) of the MIS personnel costs, expenses or allocation shall not be included on or taken into account in connection with the preparation of the Transition P&L Statement and will not impact the Monthly Anticipated Purchase Price Adjustment Payment or Transition Period Gain or Loss.

  • In the event the Representative disputes the Final Balance Sheet or the Final P&L Statement, it shall notify Parent in writing (the "Dispute Notice") setting forth the amount, nature and basis of the dispute in reasonable detail.

  • Bank shall deliver to Retailer within [*] after the execution of this Agreement a pro forma Program P&L Statement for the first Program Year.


More Definitions of P&L Statement

P&L Statement shall have the meaning set forth in SECTION 2.4 of the Agreement.
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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, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered 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.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, 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 specified in Section 4.5.

  • 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).

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.