Example ContractsClausesAnnual Operating Budget and Financial Projections
Annual Operating Budget and Financial Projections
Annual Operating Budget and Financial Projections contract clause examples
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Implements Monthly Operating Report (MOR) and Annual Plans including budget to actual reporting;

Budget. Before the commencement of construction of the Tenant Improvements, Tenant shall deliver to Landlord a detailed breakdown by trade of the costs incurred or that will be incurred in connection with the design and construction of the Tenant Improvements and the estimated payment schedule for such costs, which Tenant shall update at least monthly (the most recent such budget, the “Budget”).

Budget. The Project Budget accurately reflects all Total Project Related Costs. Upon the making of the Additional Advances requested in ’s Advance Request in the manner set forth therein, all materials and labor theretofore supplied or performed in connection with the Property will have been paid for in full (subject to the Retainage).

Budget. As soon as available and in any event within 65 days after the beginning of the Borrower’s fiscal years, the Borrower will deliver a Budget of the Borrower and its consolidated Subsidiaries for such fiscal year.

Budgets. The Borrowers shall have delivered the preliminary Annual Operating Budget for each Property for the remainder of 2017 and for the 2018 Fiscal Year, and such preliminary Annual Operating Budgets shall be reasonably acceptable to Agent.

within 45 days after the beginning of each Fiscal Year, annual projections and a budget for the Borrowers and their Subsidiaries for the upcoming/current Fiscal Year of profit and loss, cash flows and balance sheets prepared on a quarterly basis in a manner consistent with the prior Fiscal Year's financial statements, all in form satisfactory to the Administrative Agent;

Cognex Corporation (the “Company”) maintains a performance-based annual bonus program (the “Bonus Program”) for employees (including the Company’s executive officers), other than those employees on a sales commission plan. Each participant in the Bonus Program is assigned a target annual cash bonus. Participants may earn their bonuses based on the achievement of certain financial goals set forth in the Company’s annual budget related to budgeted non-GAAP consolidated operating income as a percentage of revenue (“operating margin”).

Annual Business Plan and Budget. As soon as practicable and in any event within sixty (60) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing three fiscal years, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.15, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that such budget contains good faith estimates

“Annual Budget” shall mean a budget covering the operations of Newco and its Subsidiaries for a Calendar Year, setting forth reasonable line item detail regarding anticipated revenues and expenditures, including: # forecasted revenues; # estimated operating expenditures; # estimated capital expenditures; # proposed financing plans for such expenditures; # a comparison to the previous year’s Annual Budget; # detail on the workforce, including FTE details and plans; # Crestwood Midstream’s cost allocation details; and # such other items as Newco may deem appropriate.

Prepare each of the following budgets: # at least thirty (30) days prior to the start of each calendar year, during the term hereof, an annual operating budget, setting forth Gyrodyne’s forecast of gross income, operating expenses, capital costs and expenses and net income for the Properties for such calendar year; and (2), promptly after the end of each calendar month, during the term of this Agreement, a statement setting forth a monthly reconciliation of the actual operations of the Properties for such calendar month, with the annual Budget thereof; and

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