Common use of Budgets Approval Clause in Contracts

Budgets Approval. At least thirty (30) days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the majority of the members of the Board of Directors, a business plan and monthly operating budget in detail for each fiscal year, monthly operating expenses and profit and loss projections and cash flow projections and a capital expenditure budget for the fiscal year.

Budgets Approval. At least thirty (30) Not later than 30 days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the a majority of the members of the Board of DirectorsDirectors of, a business plan and monthly operating budget budgets in detail for each the upcoming fiscal year, monthly operating expenses and profit and loss projections and cash flow projections and a capital expenditure budget for year (the fiscal year“Annual Budget”).

Budgets Approval. At least thirty (30) Not later than 30 days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the a majority of the members of the Board of DirectorsDirectors of, a business plan and monthly operating budget budgets in detail for each the upcoming fiscal year, monthly operating expenses and profit and loss projections and cash flow projections and a capital expenditure budget for year (the fiscal year"Annual Budget").

Budgets Approval. At least thirty (30) days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the majority of the members of the Board of Directors, a business plan and monthly operating budget in detail for each fiscal year, monthly operating expenses and profit and loss projections and cash flow projections and a capital expenditure budget for the such fiscal year.

Budgets Approval. At least thirty (30) days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the majority two-thirds of the members of the Board of Directors, a business plan and monthly operating budget in detail for each fiscal year, monthly operating expenses and profit and loss projections and projections, quarterly cash flow projections and a capital expenditure budget for the fiscal year.

Budgets Approval. At least thirty (30) 30 days prior to the commencement of each fiscal yearFiscal Year, prepare and submit to, and obtain in respect thereof the approval of the majority of the members of the Board of Directors, a business plan and monthly operating budget in detail for each fiscal yearFiscal Year and subsequent four Fiscal Years, monthly operating expenses and profit and loss projections and projections, cash flow projections and a capital expenditure budget for the fiscal yearsuch Fiscal Year and subsequent Fiscal Years.

Budgets Approval. At least thirty (30) Not later than 45 days prior to the commencement of each fiscal year, prepare and submit to, and obtain in respect thereof the approval of the a majority of the members of the Board of DirectorsDirectors of, a business plan and monthly operating budget budgets in reasonable detail for each the next fiscal year, monthly including capital and operating expenses expense budgets, cash flow projections and profit and loss projections projections, all itemized in reasonable detail (including itemization of provisions for officers' compensation). The budget and cash flow projections business plan shall be reviewed by the Company periodically, and a capital expenditure budget for the fiscal year.all changes therein and all material deviations therefrom shall be resubmitted to