Common use of Annual Budget and Financial Projections Clause in Contracts

Annual Budget and Financial Projections. As soon as practicable and in any event within thirty (30) days after the end of each Fiscal Year, an annual operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, in a form and with calculations to be made in a manner reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

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Annual Budget and Financial Projections. As soon as practicable and in any event within thirty forty-five (3045) days after the end of each Fiscal YearYear (as such time period may be extended in the sole discretion of the Administrative Agent), an annual operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, in a form and with calculations to be made in a manner reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Lmi Aerospace Inc)

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Annual Budget and Financial Projections. As soon as practicable and in --------------------------------------- any event within thirty ninety (3090) days after the end beginning of each Fiscal Year, an annual operating and capital a budget of the Borrower and its Subsidiaries for such Fiscal Year, as approved by the ensuing four (4) fiscal quarters, Board of Directors of the Borrower and substantially similar in a form and with calculations to be made in a manner reasonably satisfactory scope as the budget for the 1999 Fiscal Year delivered to the Administrative AgentAgent prior to closing.

Appears in 1 contract

Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)

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