Common use of Budgets and Projections Clause in Contracts

Budgets and Projections. On each June 1 and December 1 Borrower shall furnish to Banks a budget and Cash Flow forecast for the Xxxxxxxx Consolidated Entities prepared on a twelve (12) month rolling forward basis with respect to their operations;

Budgets and Projections. On each June 1 and December 1 Borrower shall furnish to Banks a budget and Cash Flow cash flow forecast for the Xxxxxxxx Consolidated Entities prepared on a twelve (12) month rolling forward basis with respect to their operationsoperations in a form satisfactory to Agent;