Common use of Annual Business Plan and Financial Projections Clause in Contracts

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for such Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a projected income statement, statement of cash flows and balance sheet and a statement containing the volume and price assumptions by product line used in preparing the business plan, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonable) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 4 contracts

Samples: Fourth Amendment (Bowater Inc), Third Amendment and Waiver (Bowater Inc), Fourth Amendment (AbitibiBowater Inc.)

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Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for such Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a projected income statement, statement of cash flows and balance sheet and a statement containing the volume and price assumptions by product line used in preparing the business plan, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonable) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 4 contracts

Samples: Third Amendment and Waiver (AbitibiBowater Inc.), Credit Agreement (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)

Annual Business Plan and Financial Projections. As soon as practicable practicable, and in any event within ninety (90) days after prior to the beginning end of the first fiscal quarter of each Fiscal Year, a business plan of the Borrower Borrowers and its their Subsidiaries for such Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management’s discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower Company to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower Borrowers and its their Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 3 contracts

Samples: Credit Agreement (Belk Inc), Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after prior to the beginning end of the first fiscal quarter of each Fiscal Year, a business plan of the Borrower Borrowers and its their Subsidiaries for such Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management's discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower Company to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower Borrowers and its their Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 3 contracts

Samples: Credit Agreement (Belk Inc), Bridge Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after no later than the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for such Fiscal Yearthe ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management's discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearperiod.

Appears in 2 contracts

Samples: Credit Agreement (Veridian Corp), Credit Agreement (Veridian Corp)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for such Fiscal Yearthe ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management’s discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonable) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety fifteen (9015) days after prior to the beginning of each Fiscal YearYear commencing for Fiscal Year 2004, a business plan of the Borrower and its Subsidiaries for such the ensuing Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, include the following: an operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management's discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety fifteen (9015) days after prior to the beginning of each Fiscal YearYear commencing for Fiscal Year 2007, a business plan or financial model of the Borrower and its Subsidiaries for such the ensuing Fiscal Year, such plan Year to be prepared in accordance with GAAP and to include, on a quarterly basis, include the following: an operating and capital budget, a projected income statement, statement of cash flows and balance sheet (each, prepared in accordance with GAAP) and a statement containing the volume and price management’s assumptions by product line used in preparing the business planunderlying such projections, accompanied by a certificate from a Responsible Officer the chief financial officer or treasurer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal YearYears.

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety fifteen (9015) days after prior to the beginning of each Fiscal YearYear commencing for Fiscal Year 2006, a business plan of the Borrower and its Subsidiaries for such the ensuing Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, include the following: an operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management’s discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer or treasurer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearfour quarter period.

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety fifteen (9015) days after prior to the beginning of each Fiscal YearYear commencing for Fiscal Year 2004, a business plan of the Borrower and its Subsidiaries for such the ensuing Fiscal Year, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, include the following: an operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management's discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer or treasurer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

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Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety thirty (9030) days after prior to the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries on a Consolidated basis for such the ensuing Fiscal Year, such plan to be prepared in accordance a manner consistent with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement containing the volume and price assumptions by product line used in preparing the business plansheet, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonableusing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety thirty (9030) days after prior to the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries on a Consolidated basis for such the ensuing Fiscal Year, such plan to be prepared in accordance a manner consistent with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement containing the volume and price assumptions by product line used in preparing the business plansheet, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s 's knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonable) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety (90) days after the beginning end of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for such Fiscal Yearthe ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement report containing the volume management’s discussion and price assumptions by product line used in preparing the business plananalysis of such projections, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonable) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Yearfour (4) quarter period.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety fifteen (9015) days after prior to the beginning of each Fiscal YearYear commencing for Fiscal Year 2007, a business plan or financial model of the Borrower and its Subsidiaries for such Fiscal Year, such plan Year to be prepared in accordance with GAAP and to include, on a quarterly basis, include the following: an operating and capital budget, a projected income statement, statement of cash flows and balance sheet (each, prepared in accordance with GAAP) and a statement containing the volume and price management’s assumptions by product line used in preparing the business planunderlying such projections, accompanied by a certificate from a Responsible Officer the chief financial officer or treasurer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonablereasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 1 contract

Samples: Geo Group Inc

Annual Business Plan and Financial Projections. As soon as practicable and in any event within ninety thirty (9030) days after prior to the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries on a Consolidated basis for such the ensuing Fiscal Year, such plan to be prepared in accordance a manner consistent with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet and a statement containing the volume and price assumptions by product line used in preparing the business plansheet, accompanied by a certificate from a Responsible Officer the chief financial officer of the Borrower to the effect that, to the best of such officer’s knowledge, such projections are good faith estimates (utilizing assumptions believed to be reasonableusing reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

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