Proforma Accounts definition

Proforma Accounts means the form of monthly and quarterly consolidated management Accounts of the Group in the format and with the headings and level of information agreed by the Parent and the Facility Agent from time to time (or if not so agreed as reasonably required by the Facility Agent).
Sample 1Sample 2
Proforma Accounts means the consolidated proforma balance sheet (bilan) as at the Accounts Date, consolidated proforma profit and loss account (compte de résultat) and consolidated proforma cash flow statement (tableau de flux de trésorerie consolidés) for the accounts period ended on that date of the Group Companies, reviewed by the auditors of the Group Companies, including all related footnotes, prepared in accordance with a similar methodology to the one used for the preparation of the Accounts;
Sample 1
Proforma Accounts means the form of monthly and quarterly consolidated management Accounts of the Group in the format and with the headings and level of information agreed by the Company and the Facility Agent from time to time (or if not so agreed as reasonably required by the Facility Agent).
Sample 1

Examples of Proforma Accounts in a sentence

  • The historical and Pro-forma Accounts are presented in an abbreviated form, insofar as they don’t include all of the disclosures required by Australian Accounting Standards applicable to Half-Year Financial Statements.

  • The Pro-forma Accounts have not been subject to independent audit or review.

  • The Company advises that the Pro-forma Accounts is not the current financial position of the Company as at the date of this Notice, and that the information is provided for illustrative purposes only.

  • The Company advises that the Pro-forma Accounts do not show the current financial position of the Company as at the date of this Notice, and that the information is provided for illustrative purposes only.

  • To illustrate the effect of the issue of the Tranche 2 Notes on the Company, a pro-forma Consolidated Statement of Financial Position (Pro-forma Accounts) which is set out below has been prepared based on the financial position of the Company’s 31 December 2021 audited accounts.The Pro-forma Accounts shows the effect of the issue of the Tranche 2 Notes as if they had been issued on 31 December 2021, and no other transactions, in addition to the issue of the Tranche 2 Notes, have occurred.

  • The Department is to prepare Proforma Accounts immediately after the close of each financial year but not later than 1st June for certification by Audit before 30th September each year.

  • To illustrate the effect of the issue of the Tranche 2 Notes on the Company, a pro- forma Consolidated Statement of Financial Position (Pro-forma Accounts) which is set out below has been prepared based on the financial position of the Company’s audited Annual Report for the year ended 30 June 2023.

  • If the EBITDA Earnout Consideration is a positive amount, the Seller shall be liable for the lesser of: (i) 50% of the Auditor’s costs in preparing the Pro-forma Accounts and the Earnout Statement; and (ii) the EBITDA Earnout Consideration and if such amount is less than 50% of the Auditor’s costs in preparing the Pro-forma Accounts and the Earnout Statement, the Seller shall not be liable to pay any further amount in respect of such costs.

  • There were chronic arrears in preparation of Proforma Accounts by Departmentally Managed Government Undertakings.

  • The accounting policies adopted in the preparation of the Pro-forma Accounts are the same as those used in the preparation of the 30 June 2023 audited accounts.


More Definitions of Proforma Accounts

Proforma Accounts means the proforma statement of assets and liabilities of the Business.
Sample 1

Related to Proforma Accounts

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;

  • Consolidated Account means an account which is a consolidation of any separate accounts of a person who is liable for payment to the Municipality.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Management Accounts Date means 30 September 2010;

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Collection Accounts As defined in Section 3.10(a).

  • Latest Accounts means, in respect of any financial quarter or year of the Group, the latest unaudited (in respect of each financial quarter) or audited (in respect of each financial year) financial statements required to be prepared pursuant to clause 8.1.6;

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Financial Account means an account maintained by a Financial Institution, and includes: (1) in the case of an Entity that is a Financial Institution solely because it is an Investment Entity, any equity or debt interest (other than interests that are regularly traded on an established securities market) in the Financial Institution; (2) in the case of a Financial Institution not described in subparagraph 1(q)(1) of this Article, any equity or debt interest in the Financial Institution (other than interests that are regularly traded on an established securities market), if (i) the value of the debt or equity interest is determined, directly or indirectly, primarily by reference to assets that give rise to U.S. Source Withholdable Payments, and (ii) the class of interests was established with a purpose of avoiding reporting in accordance with this Agreement; and (3) any Cash Value Insurance Contract and any Annuity Contract issued or maintained by a Financial Institution, other than a noninvestment- linked, nontransferable immediate life annuity that is issued to an individual and monetizes a pension or disability benefit provided under an account that is excluded from the definition of Financial Account in Annex II. Notwithstanding the foregoing, the term “Financial Account” does not include any account that is excluded from the definition of Financial Account in Annex II. For purposes of this Agreement, interests are “regularly traded” if there is a meaningful volume of trading with respect to the interests on an ongoing basis, and an “established securities market” means an exchange that is officially recognized and supervised by a governmental authority in which the market is located and that has a meaningful annual value of shares traded on the exchange. For purposes of this subparagraph 1(q), an interest in a Financial Institution is not “regularly traded” and shall be treated as a Financial Account if the holder of the interest (other than a Financial Institution acting as an intermediary) is registered on the books of such Financial Institution. The preceding sentence will not apply to interests first registered on the books of such Financial Institution prior to July 1, 2014, and with respect to interests first registered on the books of such Financial Institution on or after July 1, 2014, a Financial Institution is not required to apply the preceding sentence prior to January 1, 2016.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Net Investment Earnings With respect to the Certificate Account, the Servicing Accounts or the REO Account or Companion Distribution Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount, if any, by which the aggregate of all interest and other income realized during such period on funds relating to the Trust Fund held in such account, exceeds the aggregate of all losses, if any, incurred during such period in connection with the investment of such funds in accordance with Section 3.06.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Joint Account means an Account opened in more than one name;

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.