Common use of Board Projections Clause in Contracts

Board Projections. Within forty-five (45) days after the last day of Borrower’s fiscal year, annual financial projections for the following fiscal year (for each fiscal quarter in such year, including quarterly projected balance sheets, income statements, and cash flow statements) as approved by Borrower’s board of directors covering the consolidated operations of Borrower and its Subsidiaries, together with any related business forecasts used in the preparation of such annual financial projections; and

Board Projections. Within forty-five (45) days after the last day of Borrower’s fiscal year, annual financial projections (consolidated quarterly balance sheet, income statement and cash flow reports) for the following fiscal year (for each fiscal quarter in such year, including quarterly projected balance sheets, income statements, and cash flow statements) as approved by Borrower’s board of directors covering the consolidated operations of Borrower and its Subsidiaries, together with any related business forecasts used in the preparation of such annual financial projections; and;

Board Projections. Within forty-five thirty (4530) days after the last day of Borrower’s fiscal year, annual financial projections for the following each fiscal year of Borrower, and contemporaneously with any updates or amendments thereto, (for each fiscal quarter in such year, A) annual operating budgets (including quarterly projected balance sheets, income 224419752 v2 statements, balance sheets and cash flow statements, by month), and (B) annual financial projections (on a quarterly basis), in each case as approved by Borrower’s board of directors covering the consolidated operations of Borrower and its SubsidiariesBoard, together with any related business forecasts used in the preparation of such annual financial projections; and;