Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directors, but in any event no more than 120 days after the end of each fiscal year, a copy of the detailed annual budget or plan for the next fiscal year, in form and detail reasonably acceptable to the Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the budget or plan. all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change in the application of accounting principles as provided in Section 1.3.
Appears in 2 contracts
Samples: Credit Agreement (Manitowoc Co Inc), Credit Agreement (Manitowoc Co Inc)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within sixty (60) days after the end of each fiscal year, a copy of the detailed annual operating budget or plan of the Borrower for the next such fiscal yearyear on a quarter-by-quarter basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 2 contracts
Samples: Credit Agreement (Dimon Inc), Credit Agreement (Dimon Inc)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within sixty (60) days after the end of each fiscal year, a copy of the detailed annual operating budget or plan of the Company for the next such fiscal yearyear on a quarter-by-quarter basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. all such The foregoing financial statements to shall be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP (other than the Swiss Franc Statutories delivered pursuant to subsection (a)(v) above) applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 2 contracts
Samples: Credit Agreement (Alliance One International, Inc.), Credit Agreement (Alliance One International, Inc.)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within forty-five (45) days after the end of each fiscal year, a copy of the detailed annual operating budget or plan of the Borrower for the next fiscal yearyear on a month-by-month basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 1 contract
Samples: Credit Agreement (Bassett Furniture Industries Inc)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within forty-five days (45) after the end of each fiscal year, a copy of the detailed annual budget or plan of the Borrower for the next fiscal yearyear on a quarterly basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
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Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no ------------------ more than 120 60 days after the end of fiscal year 1998 and each fiscal yearyear thereafter, a copy of the detailed annual budget or plan for the next fiscal yearyear set out by fiscal quarter, in form and detail reasonably acceptable to the Administrative Agent and the Required Majority Lenders, together with a summary of the material assumptions made in the preparation of the budget or plan. ; all such financial statements to be complete and correct fairly present in all material respects the financial condition and results from operations of the entities and for the periods specified (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible OfficerAuthorized Signatory, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change in the application of accounting principles as provided in Section 1.3).
Appears in 1 contract
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within forty-five days (45) after the end of each fiscal year, a copy of the detailed annual budget or plan including cash flow projections of the Borrower for the next fiscal yearyear on a quarterly basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 1 contract
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within sixty days after the end of each fiscal year, a copy of the detailed annual budget or plan including cash flow projections of the Borrower for the next fiscal yearyear on a quarterly basis, in form and detail reasonably acceptable to the Agent and the Required LendersAdministrative Agent, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual annual, quarterly and quarterly monthly financial statements provided in accordance with subsections (a), (b) and (bc) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 1 contract
Samples: Credit Agreement (Amedisys Inc)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within forty five (45) days after the end of each fiscal year, a copy of the detailed annual budget or plan of the Borrower for the next fiscal yearyear on quarterly basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
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Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within sixty (60) days after the end of each fiscal year, a copy of the detailed annual operating budget or plan of the Borrower for the next such fiscal yearyear on a quarter-by-quarter basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; 44 -129- all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 1 contract
Samples: Credit Agreement (Dimon Inc)
Annual Budget Plan. As soon as available after approval by the Borrower's Board of Directorsavailable, but in any event no more than 120 within sixty (60) days after the end beginning of each fiscal year, a copy of the detailed annual budget or plan of the Borrower for the next fiscal yearyear on a quarterly basis, in form and detail reasonably acceptable to the Administrative Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of the such annual budget or plan. ; all such financial statements to be complete and correct in all material respects (subject, in the case of interim statements, to normal recurring year-end audit adjustments) and to be prepared in reasonable detail and, in the case of the annual and quarterly financial statements provided in accordance with subsections (a) and (b) above, in accordance with GAAP applied consistently throughout the periods reflected therein (except as approved by such accountants or Responsible Officer, as the case may be, and disclosed therein) and further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change change, if any, in the application of accounting principles as provided in Section 1.3.
Appears in 1 contract
Samples: Credit Agreement (Neighborcare Inc)