Example ContractsClausesBudget
Budget
Budget contract clause examples

Budget. As soon as available, but in any event not more than forty-five (45) days after the end of each fiscal year of the Company, a copy of a consolidated, income statement budget of the Company for each quarter of the upcoming fiscal year in form reasonably satisfactory to the Administrative Agent.

Budget. Atara shall pay Institute the amounts set forth in the mutually agreed upon budget set forth in [Schedule 4.2] (the “Budget”), incorporated herein, to cover all direct and indirect costs of the Allogeneic Programs, EBV Autologous Program, HPV CTL Program and BKV/JCV CTL Program, excluding the [ * ] Programs, for which budget and funding shall be subject to Section 2.6(f). The Parties may mutually agree upon changes to the Budget or changes in the allocation of the Budget to activities under the Development Plan by mutual written agreement in a document executed by duly authorized representatives of both Parties or otherwise expressly agreed to in writing by the Alliance Managers and representatives on the JSC of both Parties that states that it is effectuating such changes.

Budget. The amounts set forth in the Budget present # a full and complete itemization by category of all costs, expenses and fees which Borrower reasonably expects to pay or reasonably anticipates becoming obligated to pay in the Ordinary Course of Business through and including the Maturity Date, and # all sources of funds available to Borrower. Borrower is unaware of any other such costs, expenses or fees which are material and are not set forth in the Budget.

Budget. The amounts set forth in the Budget present # a full and complete itemization by category of all costs, expenses and fees which Borrower reasonably expects to pay or reasonably anticipates becoming obligated to pay in the Ordinary Course of Business through and including the Maturity Date, and # all sources of funds available to Borrower. Borrower is unaware of any other such costs, expenses or fees which are material and are not set forth in the Budget.

Budget. Atara shall pay Institute the amounts set forth in the mutually agreed upon budget set forth in [Schedule 4.2] (the “Budget”), incorporated herein, to cover all direct and indirect costs of the Allogeneic Programs and EBV Autologous Program and excluding the ​ Programs, for which budget and funding shall be subject to [Section 2.6(f)]. The Parties may mutually agree upon changes to the Budget or changes in the allocation of the Budget to activities under the Development Plan by mutual written agreement in a document executed by duly authorized representatives of both Parties or otherwise expressly agreed to in writing by the Alliance Managers and representatives on the JSC of both Parties that states that it is effectuating such changes.

Budget. As soon as available and in any event not later than 90 days after the commencement of each Fiscal Year of the Borrower, the budget and projected financial statements of the Borrower for such Fiscal Year and each of the two (2) Fiscal Years following such Fiscal Year (detailed on a quarterly basis), including, in each case, projected Consolidated balance sheets, statements of income and statements of cash flow of the Borrower and its Consolidated Subsidiaries all in reasonable detail and with reasonable assumptions.

Budget. During the Co-Promotion Period and no later than sixty (60) days prior to the end of the then-current Sunovion fiscal year, the CPC shall develop, review and approve a written budget for the Co-Promotion Expenses to be incurred by each Party pursuant to the Sales Plan for the following Sunovion fiscal year (the “Budget”). The Budget may be amended by the CPC from time to time upon approval by the CPC.

Budget. As soon as available and in any event no later than 90 days after the beginning of each Fiscal Year commencing after the Closing Date, a consolidated budget of the Borrower and the Restricted Subsidiaries consisting of quarterly operating and capital budgets;

Budget. The Borrowers shall, not later than 12 noon (Boston time) on # December 27, 2019, deliver to the Agents a budget through January 31, 2020 prepared by the Administrative Borrower and # January 3, 2020, deliver to the Agents a budget through March 27, 2020 prepared by the Administrative Borrower, in each case, which budget shall include a weekly cash budget, including information on a line item basis as to # projected cash receipts, # projected disbursements (including ordinary course operating expenses, capital expenditures, asset sales, credit party expenses and any other fees and expenses relating to the Loan Documents), # a calculation of the Borrowing Base and # the amount of Qualified Cash, which shall be in form and substance acceptable to the Agents (“Budget”). The Budget may be updated, modified or supplemented (with the consent of the Agents and/or at the reasonable request of the Agents) from time to time, and each such updated, modified or supplemented budget shall be approved by, and in form and substance satisfactory to, the Agents and no such updated, modified or supplemented budget shall be effective until so approved and once so approved shall be deemed the Budget.

Budget. No later than 30 days prior to the commencement of each fiscal year of Parent, the forecasted consolidated and consolidating financial projections for Parent and its Subsidiaries for such fiscal year (on a quarter-by-quarter basis) (including projected consolidated and consolidating income statements, balance sheets and Capital Expenditures on a quarter-by-quarter basis as of the end of such fiscal year, the related consolidated statements of projected cash flow and projected changes in financial position and a description of the underlying assumptions applicable thereto), in each case, prepared by management of the Credit Parties in good faith based upon assumptions believed by the Credit Parties to be reasonable at the time made, consistent in scope with the financial statements provided pursuant to [Section 8.01(b)], setting forth the principal assumptions on which such projections are based (such projections, together with the projections delivered as of the Closing Date pursuant to [Section 5.01(g)], collectively, the “Budget”).

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