Budgets; Forecasts Sample Clauses
The "Budgets; Forecasts" clause establishes the requirements and procedures for preparing, submitting, and updating financial budgets and forecasts within an agreement. Typically, it outlines how parties must create and share projected financial statements, such as revenue and expense estimates, for upcoming periods, and may set deadlines or approval processes for these documents. This clause ensures that all parties have a clear understanding of expected financial performance and obligations, promoting transparency and enabling better financial planning and management throughout the term of the agreement.
Budgets; Forecasts. Within 90 days after the first day of each fiscal year of Silgan, a budget in form and scope reasonably satisfactory to the Administrative Agent (including budgeted statements of income and sources and uses of cash and balance sheets) prepared by Silgan for each of the four fiscal quarters beginning on the first day of such fiscal year accompanied by the statement of the chief financial officer, treasurer or controller of Silgan to the effect that, to the best of such officer’s knowledge, the budget is a reasonable estimate for the period covered thereby, setting forth the assumptions made in preparing such budget and accompanied by the statement of the chief financial officer, treasurer or controller of Silgan to the effect that, to the best of such officer’s knowledge, the budget is a reasonable estimate for the period covered thereby.
Budgets; Forecasts. Within 75 days after the first day of each fiscal year of Silgan, (i) a budget in form and scope reasonably satisfactory to the Administrative Agent (including budgeted statements of income and sources and uses of cash and balance sheets) prepared by Silgan for each of the twelve months beginning on the first day of such fiscal year accompanied by the statement of the chief financial officer, treasurer or controller of Silgan to the effect that, to the best of such officer's knowledge, the budget is a reasonable estimate for the period covered thereby, and (ii) a forecast of operations and sources and uses of cash for the five-year period beginning on the first day of such fiscal year, setting forth the assumptions made in preparing such forecast and accompanied by the statement of the chief financial officer, treasurer or controller of Silgan to the effect that, to the best of such officer's knowledge, the forecast is a reasonable estimate for the period covered thereby.
Budgets; Forecasts. Other Reports and Information 8.
Budgets; Forecasts. Other Reports and Information 72 8.3.8 Notices Regarding Plans and Benefit Arrangements 73 9. DEFAULT 74
Budgets; Forecasts. Manager will establish operating and capital budgets and forecasts for Company and monitor the receipts, income and expenditures of Company.
Budgets; Forecasts. Parent and Manager will establish operating and capital budgets and forecasts for Company and its Subsidiaries and monitor their receipts, income and expenditures.
Budgets; Forecasts. Complete the tables in the Procurement Tracker and paste them over this text
Budgets; Forecasts. Other Reports and Information ------------------------------------------------- Promptly upon becoming available to the Borrower:
(i) the annual budget and any forecasts or projections of the Borrower, to be supplied not later than sixty (60) days prior to commencement of the fiscal year to which any of the foregoing may be applicable,
(ii) any reports including management letters submitted to the Borrower by independent accountants in connection with any annual, interim or special audit,
(iii) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to such stockholders,
(iv) regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower with the Securities and Exchange Commission,
(v) a copy of any order in any proceeding to which the Borrower or any of its Subsidiaries is a party issued by any Official Body, and
(vi) such other reports and information as any of the Lenders may from time to time reasonably request. The Borrower shall also notify the Lenders promptly of the enactment or adoption of any Law which may result in a Material Adverse Change.
Budgets; Forecasts. Other Reports and Information. Promptly upon their becoming available to the Borrower:
(i) any reports, notices or proxy statements generally distributed by the Borrower to its stockholders on a date no later than the date supplied to such stockholders,
(ii) regular or periodic reports, including Forms 10-K, 10-Q and 8‑K, registration statements and prospectuses, filed by the Borrower with the SEC,
(iii) to the extent not previously reported in regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower with the SEC, the Borrower shall notify the Lenders promptly of the enactment or adoption of any Law which may result in a Material Adverse Change,
(iv) to the extent requested by the Administrative Agent or any Lender, the annual budget and any forecasts or projections of the Loan Parties, and
(v) with respect to the Hedging Transaction activities of the Loan Parties and their Subsidiaries, to the extent not previously reported in regular or periodic reports, including Forms 10-K, 10-Q and 8-K, registration statements and prospectuses, filed by the Borrower with the SEC, such other reports and information as any of the Lenders may from time to time reasonably request.
Budgets; Forecasts. Furnish to the Agent, for redelivery to each Bank, as soon as practicable but in any event within forty-five (45) days after the commencement of each Fiscal Year, a copy of the Borrower's budget and forecast for such year, in form and content acceptable to the Agent; provided, however that with respect to the fiscal year commencing July 1, 2003, such budget and forecast shall be delivered within ninety (90) days after the commencement of such fiscal year.