P&L Statement definition

P&L Statement has the meaning set forth in Section 4.2(a).
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P&L Statement shall have the meaning set forth in Section 3.7(a).
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P&L Statement means a profit and loss statement for the Business (as carried out by the Group Companies as per Closing and as further developed and expanded in accordance with the business plan (attached hereto as Appendix 4) and as may otherwise be agreed between the Parties) for the full financial year 2020.
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Examples of P&L Statement in a sentence

  • If either Party owes an amount to the other Party pursuant to Section 6(a) or 6(b), it shall make such payment within [ * ] after receipt of the P&L Statement, but in no event shall such payment be due earlier than [ * ] after the end of the relevant quarter.

  • Either EMS or Sensata, as the case may be, shall make either a Loss Payment or Profit Payment as indicated in the short-period P&L Statement, pursuant to the terms of payment set forth in Section 4 below.

  • The timing for responding to such statement and the procedures for resolving disputes as set forth in Section 4 with respect to the P&L Statement shall apply to the Net Working Capital Statement contemplated by this Section 5(a).

  • Within [ * ] after the close of [ * ] in which Products are sold, or earlier if possible, during the Term (i.e., [ * ], JT shall furnish to Tularik a statement (the "P&L Statement") setting forth for each country in the Co-Promotion Territory, Net Sales of each Product, [ * ] (as defined in Section 6(l)), Co- Promotion Expenses and all data on which the determination of each Party's Share of Co-Promotion Profit or Share of Co-Promotion Loss was calculated.

  • If Sensata disagrees with a P&L Statement, Sensata shall notify EMS in writing of its objections to any such statement, and such notice shall specify those items or amounts as to which Sensata disagrees (“Disputed Items”), and Sensata shall have deemed to have agreed with all other items and amounts contained in the P&L Statement.

  • For the avoidance of doubt, Unresolved Items relating to more than one P&L Statement may be simultaneously submitted to the CPA Firm.

  • Within [ * ] after the close of each calendar quarter in which Products are sold, or earlier if possible, during the Term (i.e., [ * ]), JT shall furnish to Tularik a statement (the "P&L Statement") setting forth for each country in the Co-Promotion Territory, Net Sales of each Product, Co- Promotion Expenses and all data on which the determination of each Party's Share of Co-Promotion Profit or Share of Co-Promotion Loss was calculated.

  • In case where balance sheet has not been prepared, bidder shall submit a certificate in original from its CEO/CFO stating the turnover of the bidding entity separately for each Financial Year since incorporation along with a declaration stating the reason for not furnishing the audited P&L Statement.

  • Additionally, if the accountant determines that the P&L Statement submitted by the Audited Party overstate the Audited Party’s expenses by more than ten percent (10%), the Audited Party shall reimburse the Auditing Party for the expenses incurred by the Auditing Party in conducting the audit.

  • The Estimated P&L Statement shall represent Seller’s best efforts to estimate the income from operations the (“Income From Operations”) between the Economic Effective Date and the Closing Date, calculated in the manner set forth on Schedule 2.6(a).


More Definitions of P&L Statement

P&L Statement shall have the meaning set forth in SECTION 2.4 of the Agreement.
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Related to P&L Statement

  • Final Statement means the statement defined in Sub-Clause 14.11 [Application for Final Payment Certificate].

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.