Managerial Information Sample Clauses

The Managerial Information clause establishes the obligation for one party, typically the service provider or contractor, to supply relevant information about the management and oversight of a project or service. This may include regular updates on project progress, organizational structure, key personnel, or changes in management that could affect performance. By requiring the disclosure of such information, the clause ensures transparency and enables the other party to monitor and assess the effectiveness of management, thereby reducing the risk of miscommunication or unforeseen issues during the course of the agreement.
Managerial Information. The Service Operators are required to submit to the SWD the following monthly managerial information at quarterly intervals.
Managerial Information. (a) Schedule 4.05(a) sets forth the following financial information (the “Managerial Information”): (i) an unaudited pro forma table of operations of the Business as of and for the fiscal year ended December 31, 2024 (the “Year-End Managerial Information”); (ii) an employee census, and payroll, and unaudited pro forma table of operations of the Business (the “Most Recent Managerial Information”) as of and for the twelve months ended December 31, 2024 (the “Most Recent Fiscal Month End”); and (iii) the working capital statement for the Business for the twelve (12) month period ending on the Most Recent Fiscal Month End. The Managerial Information has been prepared in accordance with the Accounting Standards. Seller has provided Buyer with true and correct copies of all invoices issues by Seller to the customer(s) under the Assigned Contracts between January 1, 2023 and December 31, 2024. (b) The Managerial Information: (w) was prepared from the Division Books and Records (which Division Books and Records are true, correct and complete in all material respects); (x) presents a reasonable view (subject to the Accounting Standards) in all material respects of the financial position of Seller with respect to the Business as of and at the periods specified therein and the results of operations, earnings and cash flows of Seller for the periods specified therein; (y) is accurate in all material respects; and (z) accurately reflect all costs and expenses of the Business in all material respects. (c) Seller has no accrued, contingent or other material Liabilities of any nature whatsoever related to the Business or the Purchased Assets except for (i) Liabilities set out or reflected on the face of the Most Recent Managerial Information; (ii) Liabilities of the type set forth on the Most Recent Managerial Information that have been incurred by Seller since the Most Recent Fiscal Month End in the ordinary course of business (none of which is a Liability resulting from noncompliance with any legal requirement, breach of contract, breach of warranty, tort or infringement); (iii) Excluded Liabilities; and (iv) Liabilities disclosed in Schedule 4.05(c). (d) Schedule 4.05(d) sets forth the January, February, March, April, May, June, July, and August 2024 income statements of the Business. The figures presented thereon were prepared from the Division Books and Records (which Division Books and Records are true, correct and complete in all material respects when considered i...

Related to Managerial Information

  • Material Information As of the date hereof, as of the Closing Date and as of the Additional Closing Date, as the case may be, the sale of the Shares by such Selling Stockholder is not and will not be prompted by any material information concerning the Company which is not set forth in the Registration Statement, the Pricing Disclosure Package or the Prospectus.

  • INITIAL INFORMATION § 1.1 This Agreement is based on the Initial Information set forth in this Section 1.1. § 1.1.1 The Owner’s program for the Project:

  • Disclosure of Material Information The Company covenants and agrees that neither it nor any other person acting on its behalf has provided or will provide any Purchaser or its agents or counsel with any information that the Company believes constitutes material non-public information, unless prior thereto such Purchaser shall have executed a written agreement regarding the confidentiality and use of such information. The Company understands and confirms that each Purchaser shall be relying on the foregoing representations in effecting transactions in securities of the Company.

  • Information The Buyer and its advisors, if any, have been, and for so long as the Note remain outstanding will continue to be, furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Securities which have been requested by the Buyer or its advisors. The Buyer and its advisors, if any, have been, and for so long as the Note remain outstanding will continue to be, afforded the opportunity to ask questions of the Company. Notwithstanding the foregoing, the Company has not disclosed to the Buyer any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to or promptly following such disclosure to the Buyer. Neither such inquiries nor any other due diligence investigation conducted by Buyer or any of its advisors or representatives shall modify, amend or affect Buyer’s right to rely on the Company’s representations and warranties contained in Section 3 below. The Buyer understands that its investment in the Securities involves a significant degree of risk. The Buyer is not aware of any facts that may constitute a breach of any of the Company's representations and warranties made herein.

  • Full information You must give us any information we reasonably require for the purposes of this contract. The information must be correct, and you must not mislead or deceive us in relation to any information provided to us.