Common use of Approved Budget Clause in Contracts

Approved Budget. Lender shall have received the Approved Budget. The Borrower shall have complied with such Approved Budget, and the aggregate amount of Loans, after giving effect to such disbursement, shall not exceed the amount set forth in the Approved Budget without giving effect to any variance permitted by the proviso of the definition of “Approved Budget.”

Appears in 7 contracts

Samples: Debtor in Possession Credit Agreement, Debtor in Possession Credit Agreement, Debtor in Possession Credit Agreement

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Approved Budget. Lender shall have received the Approved Budget. The Borrower shall have complied with such Approved Budget, and the aggregate amount of Loans, 10 If applicable. after giving effect to such disbursement, shall not exceed the amount set forth in the Approved Budget without giving effect to any variance permitted by the proviso of the definition of “Approved Budget.”

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement

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