Example ContractsClausesapproved fundVariants
Approved Fund
Approved Fund contract clause examples

Board-Approved Projections. At least annually, but no later than thirty (30) days after the last day of each fiscal year of Borrower, and promptly with any material updates or changes thereto that are approved by the Board, annual Board-approved operating budgets and financial projections, in a form of presentation reasonably acceptable to Bank;

Budget Projections. As soon as available, but no later than thirty (30) days after the last day of each fiscal year of Borrower, and within ten (10) days after any updates or changes thereto, annual Board approved operating budgets and reviewed financial projections in a form of presentation reasonably acceptable to Bank;

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;

Board Projections. As soon as available, at least annually, but no later than thirty (30) days after approval by the Board and promptly following any Board approved updates or changes thereto, annual operating budgets and financial projections;

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. 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. 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. 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 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 end of each fiscal year of Borrower, # annual operating budgets (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower, and # annual financial projections for 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 annual financial projections and, as soon as available, any periodic updates thereto;

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