Common use of Authorized Budget Clause in Contracts

Authorized Budget. (a) Not less than ninety (90) days prior to the beginning of each fiscal year, or as soon as possible thereafter, the President shall submit to the Shareholder’s Board, a budget for such fiscal year.

Appears in 2 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement

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Authorized Budget. (a) Not less than ninety (90) 90 days prior to the beginning of each fiscal year, or as soon as possible thereafter, the President shall submit to the Shareholder’s Board, Shareholders= Board a budget and business plan for such fiscal year.

Appears in 1 contract

Samples: Unanimous Shareholders Agreement

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Authorized Budget. (a) Not less than ninety (90) 90 days prior to the beginning of each fiscal year, or as soon as possible thereafter, the President shall submit to the Shareholder’s Board, Board a budget and business plan for such fiscal year.

Appears in 1 contract

Samples: Unanimous Shareholders Agreement

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