Example ContractsClausesAnnual Operating Budget and Financial Projections
Annual Operating Budget and Financial Projections
Annual Operating Budget and Financial Projections contract clause examples

Annual Operating Budget and Financial Projections. Within 30 days after the last day of each fiscal year of Borrower, and contemporaneously with any updates or amendments thereto, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the current fiscal year of Borrower, and # annual financial projections for the current fiscal year (on a quarterly basis), in each case as approved by the Board, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. (i) Within ninety (90) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an operating budget, on a consolidated and consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the following 12-month period, together with any related business forecasts used in the preparation thereof, and # if at any time reforecasting is required by Section 6.10(a), updated projections in accordance with Section 6.10(a), provided that, the foregoing projections described in clauses (i) and (ii) shall be in form satisfactory to Agent, and shall set forth, on a monthly basis, projected Revenue, EBITDA, capital expenditures and projected cash flow, and shall be subject to Agent’s satisfactory review and approval, in Agent’s sole discretion.

Annual Operating Budget and Financial Projections. As soon as available, and in any event no later than 30 days following the end of Borrower’s fiscal year, and contemporaneously with any updates or amendments thereto, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the then-current fiscal year of Borrower, and # annual financial projections for the then-current fiscal year (on a quarterly basis), in each case as approved by the Board, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. On the earlier of # the date that is seventy-five (75) days after the last day of each fiscal year of Borrower, and # the seventh (7th) Business Day following the approval thereof by the Borrower’s board of directors, and within seven (7) Business Days of any updates or amendments thereto approved by Borrower’s board of directors, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the then-current fiscal year of Borrower, and # annual financial projections for the then-current fiscal year (on a quarterly basis) as approved by Borrower’s board of directors, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. Within thirty (30) days after the end of each fiscal year of Borrower (and promptly following approval by Borrower’s board of directors of any updates thereto), # operating budgets (including income statements, balance sheets and cash flow statements, by month) for such portion of the upcoming fiscal year of Borrower, and # financial projections for such portion of the following fiscal year (on a quarterly basis) as approved by Borrower’s board of directors, together with any related business forecasts used in the preparation of such financial projections;

Annual Operating Budget and Financial Projections. Within sixty (60) days after the last day of each fiscal year of Borrower, and within ten (10) days of any updates or amendments thereto, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the then-current fiscal year of Borrower, and # annual financial projections for the then-current fiscal year (on a quarterly basis) as approved by the Board, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), # operating budgets, on a consolidated basis (including income statements and balance sheets, by month) for the upcoming fiscal year of Borrower Representative, and # annual financial projections for such fiscal year (on a quarterly consolidated basis) as approved by Borrower Representative’s Board and a comparison to the respective financial statements for the corresponding date and period in the immediately preceding fiscal year.

Annual Operating Budget and Financial Projections. As soon as available, at least annually, but no later than sixty (60) days after each fiscal year end of Borrower and within thirty (30) days of any board-approved updates or amendments thereto, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for such fiscal year of Borrower, and # annual financial projections for such fiscal year (on a quarterly basis) as approved by Borrower’s board of directors, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. Within sixty (60) days after the last day of each fiscal year of Borrower, and contemporaneously with any updates or amendments thereto, # annual operating budgets (including income statements, balance sheets and cash flow statements, by quarter) for the then-current fiscal year of Borrower, and # annual financial projections for the then-current fiscal year (on a quarterly basis), in each case as approved by the Board, together with any related business forecasts used in the preparation of such annual financial projections;

Annual Operating Budget and Financial Projections. Upon the earlier of # 60 days after the end of each fiscal year of Borrower Representative and # five Business Days after approval by the Borrower Representative’s Board of Directors (and, in either case, promptly and within five Business Days of any material modification thereto), an annual operating budget, on a consolidated basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, together with any related business forecasts used in the preparation thereof.

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