Common use of Budgets and Projections Clause in Contracts

Budgets and Projections. Within 30 days after the commencement of each Fiscal Year, Borrower will deliver to Lender budgets and projections, including for capital expenditures, for the operation of each Site for such Fiscal Year (or other consecutive 12 month period), in form and content reasonably satisfactory to Lender. ​

Appears in 2 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

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Budgets and Projections. Within 30 days after the commencement of each Fiscal Year, Borrower will deliver to Lender budgets and projections, including for capital expenditures, for the operation of each Site for such Fiscal Year (or other consecutive 12 month period), in form and content reasonably satisfactory to Lender. ​.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

Budgets and Projections. Within Annually, at least 30 days after prior to the commencement beginning of each Fiscal Year, (A) Borrower will deliver to Lender consolidated budgets and projections, including for capital expenditures, projections for the operation of each Site for such the upcoming Fiscal Year Year, in form and content reasonably satisfactory to Lender and (B) Parent will deliver to Lender consolidated budgets and projections for all hotel properties owned, lease or other consecutive 12 month period)operated by Parent or its consolidated Affiliates, in form and content reasonably satisfactory to Lender. ​.

Appears in 1 contract

Samples: Loan Modification Agreement (Supertel Hospitality Inc)

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Budgets and Projections. Within At least 30 days after prior to the commencement beginning of each Fiscal YearYear of Borrower, commencing with the first Fiscal Year to occur after the Closing, Borrower will deliver to Lender budgets and projections, including for capital expenditures, for the operation of each Site for such the upcoming Fiscal Year (or other consecutive 12 month period)Year, in form and content reasonably satisfactory to Lender. ​.

Appears in 1 contract

Samples: Loan Agreement

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