Common use of Annual Budget and Business Plan Clause in Contracts

Annual Budget and Business Plan. The Company shall provide each Major Investor as soon as practicable, but in any event at least thirty (30) days prior to the end of each fiscal year, a budget and business plan for the next fiscal year, prepared on a monthly basis, including balance sheets, projected profit or loss for the year and sources and applications of funds statements for such months, and as soon as prepared, any other budgets or revised budgets prepared by the Company.

Appears in 3 contracts

Samples: Investors’ Rights Agreement (CareDx, Inc.), Investors’ Rights Agreement (CareDx, Inc.), Investors’ Rights Agreement (XDx, Inc.)

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Annual Budget and Business Plan. The So long as a Shareholder (and its affiliates) holds any equity shares of the Company, the Company shall provide each Major Investor provide, as soon as practicable, but in any event at least thirty (30) days prior to the end of each fiscal year, a budget and business plan for the next fiscal year, prepared on a monthly basis, including balance sheets, projected profit or loss for the year sheets and sources and applications of funds statements for such months, and as soon as prepared, any other budgets or revised budgets prepared by the Company.

Appears in 2 contracts

Samples: Rediff Communication (Rediff Communication LTD), Shareholders' Rights Agreement (Warburg Pincus Equity Partners Lp)

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