Report of Condition Clause Samples

The "Report of Condition" clause requires a party, typically a borrower or contractor, to provide regular updates or statements detailing their current financial or operational status. These reports may include balance sheets, income statements, or other relevant documentation, and are usually submitted at specified intervals or upon request. The core function of this clause is to ensure transparency and allow the other party, such as a lender or project owner, to monitor ongoing compliance and assess risk, thereby helping to identify potential issues early and protect their interests.
Report of Condition. Any employee who observes a working condition which is believed to be unsafe or unhealthy shall report such conditions in writing, including the reasons for believing it to be unsafe or unhealthy, to the appropriate administrator.
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Report of Condition. Unless the Landlord receives written comments on or amendments to the Key transfer and start of tenancy sheet within 14 days of the start of the Tenancy, the Tenant shall be taken as accepting the inventory and report of condition as a full and accurate record of the condition of the Property and its contents.
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Report of Condition. In accordance with§ 8, paragraph 1 of the rent act, this form must be used for report of condition. When moving into the premises, the landlord and tenant together prepare a report of condition, describing the condition of the property The parties agree that deficiencies and faults according to the ‘report of condition’ at the time of moving in, all necessary repairs shall be paid by the tenant. The parties agree that any deficiencies and errors according to the report of condition and the comments thereto, must be repaired for the landlord's expense Regarding the rights and obligations of the tenant and landlord otherwise, please refer to the rent act. Forms for report and condition will be filled in so that the cross is put in the room where there are comments. Then a text is written out for each instance windows, ceiling, which describes the main shortcomings If the windows in the kitchen is not in good condition, they are leaking in a particular wind direction, then a cross set in the “Window/kitchen” and in the comments (there are 3 lines to it) writes in “leaky when the wind I easterly” or something similar. Thus, the entire house completed. Technical drawing of tenancy: Windows   Ceiling  Walls  Floors / carpets  Doors  Door locks and handles  Architraves and door casings  Radiators and pipes  Sockets  Other electrical supplies  Telephone and antenna plug  Baseboards  Taps and pipes  Outflow kitchen/ bathroom  Cooking-stove/own/exhaust hood  Kitchen table 
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Report of Condition. The Co-op shall prepare, not later than 120 days after the close of its fiscal year, a report of its condition, which report shall be certified by the president/co-presidents. The report shall include all of the following: a. The name and principal address of the Co-op. b. The name, addresses, and date of expiration of terms of the officers and directors, and their rate of compensation, if any. c. The number of memberships granted and terminated and the amount of member share paid in during the fiscal year.
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Report of Condition. Consolidating domestic subsidiaries of the First Union National Bank Charlotte Name of Bank City in the state of North Carolina, at the close of business on September 30, 1999, published in response to call made by Comptroller of the Currency, under title ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code, Section 161. Charter Number 02737 Comptroller of the Currency Southeastern District Statement of Resources and Liabilities ASSETS Thousands of dollars 1 Cash and balances due from depository institutions: a. Noninterest-bearing balances and currency and coin........................................... 8,946,000 b. Interest-bearing balances.................................................................... 266,000 2 Securities: a. Held-to-maturity securities.................................................................. 1,644,000 b. Available-for-sale securities................................................................ 47,356,000 3 Federal funds sold and securities purchased under agmts to resell: 2,856,000 4 Loans and lease financing receivables: a. Loans and leases, net of unearned income................................. 132,839,000 b. LESS: Allowance for loan and lease losses................................ 1,743,000 c. LESS: Allocated transfer risk reserve.................................... 0 d. Loans and leases, net of unearned income, allowance, and reserve............................. 131,096,000 5 Assets held in trading accounts................................................................. 8,333,000 6 Premises and fixed assets (including capitalized leases)........................................ 3,070,000 7 Other real estate owned.............................................................................. 134,000 8 Investments in unconsolidated subsidiaries and associated companies.................................. 262,000 9 Customers' liability to this bank on acceptances outstanding......................................... 807,000 10 Intangible assets.................................................................................... 5,115,000 11 Other assets......................................................................................... 10,789,000 12 Total assets......................................................................................... 220,674,000 LIABILITIES 13 Deposits: a. In domestic offices.............................................................................. 129,621,000 (1) Noninterest-bearing..............................
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Report of Condition. Consolidating domestic subsidiaries of the First Union National Bank Charlotte Name of Bank City in the state of North Carolina, at the close of business on March 31, 1998, published in response to call made by Comptroller of the Currency, under title 12, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇e, Section 161. Charter Number 02737 Comptroller of the Currency Southeastern District Statement of Resources and Liabilities
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Related to Report of Condition

  • Certain Requirements in Respect of Combination, etc USCo shall not complete any transaction (whether by way of reconstruction, reorganization, consolidation, merger, transfer, sale, lease or otherwise) whereby all or substantially all of its undertaking, property and assets would become the property of any other person or, in the case of a merger, of the continuing entity resulting therefrom unless, but may do so if: (a) such other person or continuing entity (herein called the "USCo Successor"), by operation of law, becomes, without more, bound by the terms and provisions of this Agreement or, if not so bound, executes, prior to or contemporaneously with the consummation of such transaction, a trust agreement supplemental hereto and such other instruments (if any) as are satisfactory to the Trustee, acting reasonably, and in the opinion of legal counsel to the Trustee are reasonably necessary or advisable to evidence the assumption by the USCo Successor of liability for all moneys payable and property deliverable hereunder and the covenant of such USCo Successor to pay and deliver or cause to be delivered the same and its agreement to observe and perform all the covenants and obligations of USCo under this Agreement; and (b) such transaction shall, to the satisfaction of the Trustee, acting reasonably, and in the opinion of legal counsel to the Trustee, be upon such terms and conditions as substantially to preserve and not to impair in any material respect any of the rights, duties, powers and authorities of the Trustee or of the Beneficiaries hereunder.

  • Eligibility Certification A state agency may not accept a bid or award a contract that includes proposed financial participation by a person who received compensation from the agency to participate in preparing the Specifications or request for proposals on which the bid or contract is based. The Texas Government Code requires the following statement: “Under Section 2155.004, Texas Government Code, the vendor certifies that the individual or business entity named in this bid or contract is not ineligible to receive the specified contract and acknowledges that this contract may be terminated and payment withheld if this certification is inaccurate.”

  • Termination Related to Statutory Certifications At the Department’s option, the Term Contract may be terminated if the Contractor is placed on any of the lists referenced in the attached PUR 7801, Vendor Certification Form, or would otherwise be prohibited from entering into or renewing the Term Contract based on the statutory provisions referenced therein.

  • Compliance with Registration Requirements; No Stop Order; No Objection from the FINRA Each Prospectus (in accordance with Rule 424(b)) and “free writing prospectus” (as defined in Rule 405 of the Securities Act), if any, shall have been duly filed with the Commission, as appropriate; no stop order suspending the effectiveness of the Registration Statement or any part thereof shall have been issued and no proceeding for that purpose shall have been initiated or threatened by the Commission; no order preventing or suspending the use of any Prospectus shall have been issued and no proceeding for that purpose shall have been initiated or threatened by the Commission; no order having the effect of ceasing or suspending the distribution of the Securities or any other securities of the Company shall have been issued by any securities commission, securities regulatory authority or stock exchange and no proceedings for that purpose shall have been instituted or shall be pending or, to the knowledge of the Company, contemplated by any securities commission, securities regulatory authority or stock exchange; all requests for additional information on the part of the Commission shall have been complied with; and FINRA shall have raised no objection to the fairness and reasonableness of the placement terms and arrangements.

  • Compliance with Registration Requirements; No Stop Order; No Objection from NASD For the period from and after effectiveness of this Agreement and prior to the First Closing Date and, with respect to the Optional Common Shares, the Second Closing Date: (i) the Company shall have filed the Prospectus with the Commission (including the information required by Rule 430A under the Securities Act) in the manner and within the time period required by Rule 424(b) under the Securities Act; or the Company shall have filed a post-effective amendment to the Registration Statement containing the information required by such Rule 430A, and such post-effective amendment shall have become effective; or, if the Company elected to rely upon Rule 434 under the Securities Act and obtained the Representatives' consent thereto, the Company shall have filed a Term Sheet with the Commission in the manner and within the time period required by such Rule 424(b); (ii) no stop order suspending the effectiveness of the Registration Statement, any Rule 462(b) Registration Statement, or any post-effective amendment to the Registration Statement, shall be in effect and no proceedings for such purpose shall have been instituted or threatened by the Commission; and (iii) the NASD shall have raised no objection to the fairness and reasonableness of the underwriting terms and arrangements.