Example ContractsClausesdip budgetIdentical
DIP Budget
DIP Budget contract clause examples

Budget Variance Report. The Loan Parties shall continue to comply with the Budget Variance Report obligations set forth in the Fifth Amendment and, as such, on or before 2:00 p.m. (Boston time) on Friday of each week, the Borrowers shall deliver to the Agents a Budget Variance Report. As used herein “Budget Variance Report” means a weekly report provided by the Borrowers to the Agents, showing amount of Qualified Cash as of Saturday of each week and the actual receipts and disbursements for each line item compared to the Approved Budget, as applicable, on a cumulative basis from the date hereof of until the fourth (4th) week after the date hereof and then on a rolling four (4) week basis at all times thereafter, noting therein all variances, on a line-item basis, from amounts set forth for such period in the Approved Budget, and shall include or be accompanied by explanations for all material variances and certified by an Authorized Officer of the Parent.

Apex Global Brands Inc. (APEX) (CIK 0000844161)
Source: SEC EDGAR database • Date: December 15, 2020 • SIC: 2330 • CIK: 2330
Apex Global Brands Inc. (APEX) (CIK 0000844161)
Source: SEC EDGAR database • Date: February 19, 2021 • SIC: 2330 • CIK: 2330

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