Example ContractsClausesFinancial Projections
Financial Projections
Financial Projections contract clause examples

Financial Projections. The Administrative Agent shall have received projections prepared by management of the Borrower, of balance sheets, income statements and cash flow statements on a quarterly basis for the remaining Fiscal Year following the Closing Date and on an annual basis for each year thereafter during the term of the Credit Facility.

Financial Projections. Borrower shall have delivered to Agent financial projections (including income statement, balance sheet and cash flows) through the end of June 30, 2022.

Financial Projections. The Administrative Agent shall have received pro forma consolidated financial statements for the Borrower and its Subsidiaries, and projections prepared by management of the Borrower, of balance sheets, income statements and cash flow statements on a quarterly basis for the first year following the Closing Date and on an annual basis for each year thereafter during the term of the Credit Facility, which shall not be materially inconsistent with any financial information or projections previously delivered to the Administrative Agent.

Financial Statements; Projections. The Lenders shall have received from the Borrowers

Financial Projections. The Administrative Agent shall have received, in form and substance satisfactory to the Administrative Agent, projections, prepared by management of the Borrower, including projections of balance sheets, income statements and cash flow statements of the Borrower and its Subsidiaries.

Financial Projections. The Administrative Agent shall have received pro forma Consolidated financial statements for the Borrower and its Restricted Subsidiaries, and forecasts prepared by management of the Borrower, of balance sheets, income statements and cash flow statements on an annual basis for each year during the term of the Credit Facility.

Financial Projections. The Administrative Agent shall have received updated financial projections in form and substance reasonably satisfactory to the Administrative Agent.

Borrower has heretofore delivered to the Administrative Agents, the Lenders and the Issuing Lenders the consolidated balance sheets and related statements of operations, stockholders’ equity and cash flows of Borrower as of and for # the Fiscal Year ended December 31, 2020, audited by and accompanied by the unqualified opinion of PricewaterhouseCoopers LLP, independent public accountants, and # the Fiscal Quarter ended March 31, 2021. Such financial statements and all financial statements delivered pursuant to Sections 6.1(b) and (c) have been prepared in accordance with GAAP and present fairly in all material respects the financial condition and results of operations and cash flows of Borrower and its Subsidiaries as of the dates and for the periods to which they relate except, in the case of interim financial statements, for the absence of footnotes and the same being subject to year-end audit adjustments.

The Company shall have delivered financial projections for the years 2019 through 2021, including assumptions used in preparing the forecast financial statements.

Financial Projections. The Borrower has delivered to the Administrative Agent a summary of projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of the Consolidated Group for the period from the Closing Date through December 31, 2022 derived from various assumptions of the Borrower’s management (the “Projections”). The Projections are believed by the management of the Borrower to represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Borrower’s management, it being understood that such Projections are # as to future events and not to be viewed as facts, # are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and # no assurance can be given that the Projections will be realized.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.