Common use of Budgets, etc Clause in Contracts

Budgets, etc. Not more than 60 days after the commencement of each fiscal year of the Borrower, a budget of the Borrower and its Subsidiaries in reasonable detail for each of the twelve months of such fiscal year. Together with each delivery of consolidated financial statements pursuant to Sections 7.01(a), (b) and (c), a comparison of the current year to date financial results against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 7 contracts

Samples: Credit Agreement (Universal Outdoor Inc), Credit Agreement (Geo Specialty Chemicals Inc), Consolidation And (Universal Outdoor Inc)

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Budgets, etc. Not more than 60 days after the commencement of each fiscal year of the Borrower, a consolidated budget of the Borrower and its Subsidiaries in reasonable detail for each of the twelve months four fiscal quarters of such fiscal yearyear as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of consolidated financial statements pursuant to Sections 7.01(a), (b) and (cb), a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (dc) shall be presented.

Appears in 1 contract

Samples: Credit Agreement (Us Office Products Co)

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Budgets, etc. Not more than 60 days after the commencement of each fiscal year of the Borrower, a budget of the Borrower and its Subsidiaries in reasonable detail for each of the twelve months of such fiscal year. Together with each delivery of consolidated financial statements pursuant to Sections 7.01(a6.01(a), (b) and (c), a comparison of the current year to date financial results against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Samples: Term Loan Agreement (Universal Outdoor Holdings Inc)

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