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 thirty (30) 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 and a report containing management's assumptions with respect to such projections, accompanied by a certificate from 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 reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such four (4) fiscal quarter period.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

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Annual Business Plan and Financial Projections. As soon as practicable ---------------------------------------------- and in any event within thirty sixty (3060) days after the beginning end of each Fiscal Year, a business plan of the Borrower Company 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 and a report containing management's assumptions with respect to discussion and analysis of such projections, accompanied by a certificate from 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 reasonable assumptions) of the financial condition and operations of the Borrower Company and its Subsidiaries for such four (4) fiscal quarter period.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Annual Business Plan and Financial Projections. As soon as ---------------------------------------------- practicable and in any event within thirty (30) 30 days after the beginning end of each Fiscal Year, a business plan of the Borrower Company 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 and a report containing management's assumptions with respect to discussion and analysis of such projections, accompanied by a certificate from 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 reasonable assumptions) of the financial condition and operations of the Borrower Company and its Subsidiaries for such four (4) fiscal quarter period.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Annual Business Plan and Financial Projections. As soon as practicable and in any event within thirty (30) 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 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 and a report containing management's assumptions with respect to discussion and analysis of such projections, accompanied by a certificate from 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 reasonable assumptions) of the financial condition and operations of the Borrower Borrowers and its their Subsidiaries for such four (4) fiscal quarter period.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

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Annual Business Plan and Financial Projections. As soon as practicable and in any event within thirty ninety (3090) days after the beginning end 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 and a report containing management's assumptions with respect to ’s discussion and analysis of such projections, accompanied by a certificate from 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 reasonable assumptions) of the financial condition and operations of the Borrower and its Subsidiaries for such four (4) fiscal quarter period.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

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