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 forty-five (45) after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for the ensuing four 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, 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 reasonable assumptions) of the financial condition and operations of Holdings and its Subsidiaries for such four quarter period, it being recognized that actual results may differ from the projected results by a material amount.

Annual Business Plan and Financial Projections. As soon as practicable and in any event within forty-five (45) days after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for the ensuing four fiscal quarters(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, 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 that are reasonable assumptionsin light of then existing conditions) of the financial condition and operations of Holdings the Borrower and its Subsidiaries for such four (4) quarter period, it being recognized understood that actual results may differ vary from the projected results by a material amountsuch estimates and that such variations may be material.

Annual Business Plan and Financial Projections. As soon as practicable and in any event within forty-five (45) after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for the ensuing four fiscal quartersFiscal 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, 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 reasonable assumptions) of the financial condition and operations of Holdings Borrower and its Subsidiaries for such four quarter period, it being recognized that actual results may differ from the projected results by a material amount.

Annual Business Plan and Financial Projections. As soon as practicable and in any event within forty-five (45) days after the beginning of each Fiscal Year, a business plan of the Borrower and its Subsidiaries for the 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, 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 reasonable assumptions) of the financial condition and operations of Holdings the Borrower and its Subsidiaries for such four (4) quarter period, it being recognized that actual results may differ from the projected results by a material amount.