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, 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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Examples of Pro Forma Income Statements in a sentence

  • Given the uncertainty as to which shareholders owning more than 100 but fewer than 1,500 Common Shares will elect to receive the Cash Consideration and which will elect to receive Series A Preferred Stock, management has prepared its Consolidated Pro Forma Balance Sheets and Consolidated Pro Forma Income Statements using two alternative assumptions.

  • With respect to the Unaudited Pro Forma Income Statements, a blended federal and state statutory tax rate of 25% and 40%, for the six months ended June 30, 2018 and the year ended December 31, 2017, respectively, has been assumed for the pro forma adjustments.

  • However, these Pro Forma Income Statements should not be considered a measure of financial condition or performance in isolation or as an alternative to the Statements of Income, as reported in accordance with GAAP, and these proforma results, as presented, may not be comparable to similarly titled measures of other companies.

  • 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.

  • Except for Staying Clinics and as set forth in Section 3.19 of the Disclosure Letter, after giving effect to the Restructuring Transactions, Seller will not, directly or indirectly, own any assets that are primarily used in or, except as reflected in the Transition Agreement, are necessary for the operation of the Business in the manner presently conducted or as reflected in the Interim Pro Forma Income Statements.

  • Pro forma adjustments to the Consolidated Pro Forma Balance Sheets are computed as if the Merger occurred at September 30, 2005, while the pro forma adjustments to the Consolidated Pro Forma Income Statements are computed as if the Merger occurred on January 1, 2004 and January 1, 2005, respectively.

  • 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.

  • 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.

  • For purposes of the Unaudited Pro Forma Income Statements, the effective interest rate on the first lien term loan has been assumed to be 5.75%, which reflects a LIBOR floor of 1.25%.

  • 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.


More Definitions of Pro Forma Income Statements

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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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.
Sample 1
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.
Sample 1
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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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, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • 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 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, 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 as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

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

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • 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.

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

  • 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(a).

  • 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 has the meaning set forth in Section 4.05 hereof.