Pro Forma Income Statements definition

Pro Forma Income Statements as defined in Section 4.1(a).
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Pro Forma Income Statements is defined in Section 3.01(g)(iii).
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Pro Forma Income Statements means (i) the unaudited pro forma consolidated income statement of VIE1 for the 15-month period from January 1, 2012 to March 31, 2013, prepared in accordance with U.S. GAAP (the “VIE1 Pro Forma Income Statement”), giving effect to the Transaction by combining the revenues and expenses applicable to the Business to be transferred to Buyer or its Affiliates under the Transaction Documents, to the extent related to the portion of such Business proposed to be conducted by VIE1 and the Domestic Subsidiaries after the Closing (as set forth in the “Platform” tab of each of the Microsoft Excel files attached in Schedule C hereto), as if such transactions were effective as of the beginning of such period and (ii) the unaudited pro forma income statement of VIE2 for the 15-month period from January 1, 2012 to March 31, 2013, prepared in accordance with U.S. GAAP (the “VIE2 Pro Forma Income Statement”), giving effect to the Transaction by combining the revenues and expenses applicable to the Business to be transferred to Buyer or its Affiliates under the Transaction Documents, to the extent related to the portion of such Business proposed to be conducted by VIE2 after the Closing (as set forth in the “Payments” tab of each of the Microsoft Excel files attached in Schedule C hereto), as if such transactions were effective as of the beginning of such period.
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Examples of Pro Forma Income Statements in a sentence

  • The Pro Forma Income Statements have been prepared as if all such Transactions had occurred at the beginning of fiscal 1997 and the Pro Forma Balance Sheet has been prepared as if all such transactions had occurred as of October 25, 1997.

  • The Pro Forma Balance Sheet and the Pro Forma Income Statements have been prepared based on the best information available to TWC as of the date of delivery thereof, and present fairly, in all material respects, the pro forma estimated (i) financial position of TWC and its consolidated Subsidiaries as at June 30, 2003 and (ii) results of operations and cash flows of TWC and its consolidated Subsidiaries for the six-month period ending June 30, 2003.

  • The expenses eliminated in the pro forma adjustments presented in the Pro Forma Income Statements do not represent expenses that the Purchaser would be required to incur, in whole or in part, in order to operate the Business after the Closing Date in substantially the same manner as the Business was operated prior to the Closing Date.

  • Except as set forth in Section 3.19 of the Disclosure Letter, none of the Excluded Assets (other than Staying Clinics) are primarily used in or necessary for the operation of the Business in the manner presently conducted or as reflected in the Interim Pro Forma Income Statements.

  • The Sellers make no representation as to the compliance of the Pro Forma Income Statements with GAAP.

  • The Interim Pro Forma Income Statements do not reflect the operations of any Staying Clinics, except for Staying Clinics closed after September 30, 2006, as set forth in Section 3.19 of the Disclosure Letter.

  • Management believes that the Pro Forma Income Statements included in this presentation are a key measure to evaluate its operations as management believes they provide a better comparison of the Company’s 2006 and 2005 results of operations.

  • The Pro Forma Income Statements assume: (1) the outstanding principal amount related to the 2011 Credit Facility’s term loan as of January 1, 2010 is $400 million; (2) mandatory quarterly repayments of $5.0 million are reflected over the entire pro forma periods; and (3) there are no optional prepayments of principal on the term loan.

  • Except for Staying Clinics and the services to be provided under the Transition Agreement, as of the Closing, the assets of the Division Entities will constitute all of the assets necessary to operate the Business in the manner presently conducted and as reflected in the Interim Pro Forma Income Statements, except for assets disposed of by the Division in the ordinary course of Business.

  • Under this method, all share-based compensation cost is measured at the grant date, based on the estimated fair value of the award, and is recognized as expense over the specified vesting period.


More Definitions of Pro Forma Income Statements

Pro Forma Income Statements. Pro-Forma Balance Sheet"; "Projected Cash Flow Statement"; "Projected Income Statement and Balance Sheet"; "Financial Comparison Analysis"; "Financial Performance Analysis", copies of which are attached herein.
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Pro Forma Income Statements means, collectively, the pro forma unaudited consolidated income statements of the Company and the Continuing Subsidiaries for the years ended December 29, 1996 and December 28, 1997 as adjusted in accordance with the notes thereto (the "Year-End Pro Forma Income Statements"), and the pro forma unaudited consolidated income statement of the Company and the Continuing Subsidiaries as adjusted in accordance with the notes thereto for the period from December 29, 1997 to September 27, 1998 (the "Interim Pro Forma Income Statements"), all of which are attached hereto as Schedule 1.66.
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Pro Forma Income Statements means, collectively, the pro forma unaudited consolidated income statements of the Company and the Continuing Subsidiaries for the years ended December 29, 1996 and December 28, 1997 as
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Pro Forma Income Statements means the pro forma income statements showing the Net Profit of Buyer and the Company on a consolidated basis as of September 30, 1997, calculated in accordance with Section 2.3.4.
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Related to Pro Forma Income Statements

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

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Pro Forma means producing a balance sheet that reflects a reasonably accurate financial statement of the Failed bank through the date of closing. The pro forma financial statements serve as a basis for the opening entries of both the Assuming Institution and the Receiver.

  • Pro Forma Cost Savings means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken on or prior to, or to be taken by Lead Borrower (or any successor thereto) or any Restricted Subsidiary within 24 months of, the date of such pro forma calculation, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such action; provided that (a) such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of Lead Borrower (or any successor thereto)) and are reasonably anticipated to be realized within 24 months after the date of such pro forma calculation and (b) no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; provided, further, that the aggregate amount added in respect of the foregoing proviso (or otherwise added to Consolidated Net Income or Consolidated EBITDA) shall no longer be permitted to be added back to the extent the cost savings, operating expense reductions, operating improvements and synergies have not been achieved within 24 months of the action or event giving rise to such cost savings, operating expense reductions, operating improvements and synergies.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Cash Flow Statement means, with respect to any particular Bonds and Auxiliary Obligations, an Authority Certificate (a) setting forth, for the then current and each future Bond Year during which such Bonds and Auxiliary Obligations will be Outstanding, and taking into account (i) any such Bonds expected to be issued or redeemed or purchased for cancellation in each such Bond Year upon or in connection with the filing of such Certificate (for which purpose, if such Authority Certificate is delivered as of a date prior to a scheduled mandatory tender date for any Adjustable Rate Bonds, the Purchase Price of all such Adjustable Rate Bonds subject to scheduled mandatory tender on such tender date shall be assumed to be due and payable on such mandatory tender date), (ii) any such Auxiliary Obligations expected to be incurred upon or in connection with the filing of such Certificate, (iii) the interest rate (if applicable), purchase price, discount points and other terms of any Related Mortgage Loans, and (iv) the application, withdrawal or transfer of any moneys expected to be applied, withdrawn or transferred upon or in connection with the filing of such Certificate:

  • Consolidated Financials means, for any Fiscal Year or other accounting period of Five Star, annual audited and quarterly unaudited financial statements of Five Star prepared on a consolidated basis, including Five Star’s consolidated balance sheet and the related statements of income and cash flows, all in reasonable detail, and setting forth in comparative form the corresponding figures for the corresponding period in the preceding Fiscal Year, and prepared in accordance with GAAP throughout the periods reflected.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

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

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

  • CMSA Comparative Financial Status Report The monthly report in "Comparative Financial Status Report" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "Comparative Financial Status Report" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Master Servicer or the Special Servicer, as applicable.

  • Pro Forma Disposal Adjustment means, for any Test Period that includes all or a portion of a fiscal quarter included in any Post-Transaction Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated EBITDA projected by the Borrower in good faith as a result of contractual arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal or within the Post-Transaction Period and which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business for the most recent Test Period prior to its disposal.

  • Comparative Financial Status Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

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

  • CREFC® Comparative Financial Status Report The monthly report in “Comparative Financial Status Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

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

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

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

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

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

  • Pro Forma Debt Service means with respect to the Borrower and the Restricted Subsidiaries, on a consolidated basis, with respect to the next succeeding complete twelve (12) month period following the calculation date, and after giving effect to any Interest Rate Hedge Agreements and Eurodollar Advances, the amount of all (i) scheduled payments of principal on Indebtedness for Money Borrowed for such period (including imputed principal payments with respect to Capitalized Lease Obligations), determined on the basis of the aggregate amount of Indebtedness for Money Borrowed outstanding as of the date of calculation and giving effect to any mandatory reductions in the Commitments and the operation of the other terms of this Agreement (or other instruments or agreements governing Indebtedness for Money Borrowed) during such next succeeding twelve (12) month period, (ii) cash interest payable (including imputed interest with respect to Capitalized Lease Obligations) with respect to Indebtedness for Money Borrowed of such Persons, (iii) fees payable under this Agreement and the other Loan Documents (but specifically excluding fees paid during previous periods but amortized during such period in accordance with GAAP), and (iv) other payments (including fees) payable by such Persons during such period in respect of Indebtedness for Money Borrowed (other than voluntary prepayments under Section 2.7 hereof). For purposes of this definition, where interest payments for the twelve (12) month period immediately succeeding the calculation date are not fixed by way of Interest Rate Hedge Agreements, Eurodollar Advances, or otherwise for the entire period, interest shall be calculated on such Indebtedness for Money Borrowed for periods for which interest payments are not so fixed at the Eurodollar Basis (as determined on the date of calculation and based on the then current adjustment under Section 2.3(f) hereof) for a Eurodollar Advance having an Interest Period of twelve (12) months; provided, however, that if such Eurodollar Basis cannot be determined in the reasonable opinion of the Administrative Agent, such interest shall be calculated using the Base Rate Basis as then in effect.

  • Financial Statement Date means December 31, 1999.

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