INCOME AND EXPENSE STATEMENTS Clause Samples

The "Income and Expense Statements" clause requires one party, typically a tenant or property manager, to provide detailed records of all income received and expenses incurred related to a property or business. These statements are usually prepared periodically, such as monthly or annually, and may need to include supporting documentation like receipts or invoices. The core purpose of this clause is to ensure transparency and accountability in financial matters, allowing the other party to verify financial performance and compliance with contractual obligations.
INCOME AND EXPENSE STATEMENTS. Copies of income and expense statements with respect to the Property, including capital expenditures, for the three (3) most recent calendar years.
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INCOME AND EXPENSE STATEMENTS. Within sixty (60) days after the end of the License Period, Licensee shall at its own expense submit to Auditor-Controller an income and expense statement prepared in accordance with generally accepted accounting principles reflecting business transacted on or from the License Area during the preceding License Period. The Licensee must attest under penalty of perjury that the income and expense statement submitted is an accurate representation of Licensee's records as reported to the United States of America for income tax purposes. Licensee acknowledges its understanding that any and all of the income and expense statements submitted to the County pursuant to this License become Public Records and are subject to public inspection pursuant to §§ 6250 et. seq. of the California Government Code.
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INCOME AND EXPENSE STATEMENTS. Copies of income and expense statements with respect to the Property, including capital expenditures, for 2010 through year-to-date 2013.
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INCOME AND EXPENSE STATEMENTS. The books and records, including a statement of income and expense for the 12 months preceding Acceptance. Seller represents that the books and records are those maintained in the ordinary and normal course of business, and used by Seller in the compensation of federal and state income tax returns.
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INCOME AND EXPENSE STATEMENTS. Property Tax Bills and Other ----------------------------------------------------------- Information. Within five (5) days following the Agreement Date, Seller shall ----------- deliver to Purchaser a true and complete copy, if any in Seller's possession, of the following: (i) all income and expense statements and year-end
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INCOME AND EXPENSE STATEMENTS. Updated copies of the income and expense statements, described in Exhibit “B,” which shall be updated to the date of Closing and be provided to Purchaser within five (5) days after Closing.
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INCOME AND EXPENSE STATEMENTS and Property Tax Bills. Within three (3) business days following the Agreement Date, Seller shall deliver to Purchaser a true and complete copy of property tax bills for the current year and for 1997.
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INCOME AND EXPENSE STATEMENTS. Copies of monthly and annual income and expense statements of the Property for the last three years, with revenues and expenses broken in complete specific detail, including without limitation rental income, fees, utility expenses, insurance expense, payroll etc. Seller shall also allow Purchaser or its agent, at its sole expense, to audit the income and expense history of the Property. In addition, Seller shall provide copies of the past year’s bank statements and cash deposit records for the Property.
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Related to INCOME AND EXPENSE STATEMENTS

  • False Statements Contractor represents and warrants that all statements and information prepared and submitted by Contractor in this Contract and any related Solicitation Response are current, complete, true, and accurate. Contractor acknowledges any false statement or material misrepresentation made by Contractor during the performance of this Contract or any related Solicitation is a material breach of contract and may void this Contract. Further, Contractor understands, acknowledges, and agrees that any false representation or any failure to comply with a representation, warranty, or certification made by Contractor is subject to all civil and criminal consequences provided at law or in equity including, but not limited to, immediate termination of this Contract.

  • Reconciliation Statements if, as a result of any change in accounting principles and policies from those used in the preparation of the audited financial statements referred to in subsection 5.3, the consolidated financial statements of Company and its Subsidiaries delivered pursuant to subdivisions (ii), (iii) or (xii) of this subsection 6.1 will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then (a) together with the first delivery of financial statements pursuant to subdivision (ii), (iii) or (xii) of this subsection 6.1 following such change, consolidated financial statements of Company and its Subsidiaries for (y) the current Fiscal Year to the effective date of such change and (z) the two full Fiscal Years immediately preceding the Fiscal Year in which such change is made, in each case prepared on a pro forma basis as if such change had been in effect during such periods, and (b) together with each delivery of financial statements pursuant to subdivision (ii), (iii) or (xii) of this subsection 6.1 following such change, if required pursuant to subsection 1.2, a written statement of the chief accounting officer or chief financial officer of Company setting forth the differences (including any differences that would affect any calculations relating to the financial covenants set forth in subsection 7.6) which would have resulted if such financial statements had been prepared without giving effect to such change;

  • Earning Statements The Company will make generally available (which includes filings pursuant to the Exchange Act made publicly through the ▇▇▇▇▇ system) to its security holders as soon as practicable, but in any event not later than 16 months after the end of the Company’s current fiscal year, an earnings statement (which need not be audited) covering a 12-month period that shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 of the Rules and Regulations.

  • Earnings Statements As soon as practicable, the Company will make generally available to its security holders and to the Manager an earnings statement or statements of the Company and its Subsidiaries which will satisfy the provisions of Section 11(a) of the Act and Rule 158. For the avoidance of doubt, the Company’s compliance with the reporting requirements of the Exchange Act shall be deemed to satisfy the requirements of this Section 4(d).

  • Estimates and Reconciliation of Estimates Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference between the estimate and the State's actual expenditures.