Common use of Budgets; Business Plans; Financial Projections Clause in Contracts

Budgets; Business Plans; Financial Projections. As soon as practicable and in any event not later than the forty-fifth (45th) day after the beginning of each fiscal year, a copy of the plan and forecast (including a projected balance sheet, income statement and funds flow statement) of Holdings, the Borrower and its Subsidiaries for such fiscal year prepared in such detail as shall be reasonably satisfactory to the Agent. As soon as practicable, any revisions of such plan and forecast which represent a material amendment thereof.

Budgets; Business Plans; Financial Projections. As soon as practicable and in any event not later than the forty-fifth sixty (45th60) day days after the beginning of each fiscal year, a copy of the plan and forecast (including a projected balance sheet, income statement and funds flow statement) of Holdings, the Borrower and its Subsidiaries for such fiscal year prepared in such detail as shall be reasonably satisfactory to the Agent. As soon as practicable, any revisions of such plan and forecast which represent a material amendment thereof.