Common use of Budgets Clause in Contracts

Budgets. Within 90 days after the commencement of each fiscal year of the Borrower, a budget of the Borrower in reasonable detail for such fiscal year as customarily prepared by management of the Borrower for its internal use consistent in scope with the financial statements provided pursuant to Section 9.1(a), setting forth the principal assumptions upon which such budget is based (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of an Authorized Officer stating that such Projections have been prepared in good faith on the basis of the assumptions stated therein, which assumptions were believed to be reasonable at the time of preparation of such Projections, it being understood that actual results may vary from such Projections.

Budgets. Within 90 days (120 days in the case of the fiscal year ending December 31, 2013) after the commencement of each fiscal year of the BorrowerHoldings, a budget of the Borrower Holdings in reasonable detail on a quarterly basis for such fiscal year as customarily prepared by management of the Borrower Holdings for its internal use consistent in scope with the financial statements provided pursuant to Section 9.1(a), setting forth the principal assumptions upon which such budget is based (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of an Authorized Officer stating that such Projections have been prepared in good faith on the basis of the assumptions stated therein, which assumptions were believed to be reasonable at the time of preparation of such Projections, it being understood that actual results may vary from such Projections.

Budgets. Within 90 60 days after the commencement beginning of each fiscal year of the Borroweryear, a budget of for the Borrower in reasonable detail form reasonably satisfactory to the Administrative Agent, but to include balance sheets, statements of income and sources and uses of cash, for each month of such fiscal year as customarily prepared by management in detail with appropriate presentation and discussion of the Borrower for its internal use consistent in scope with the financial statements provided pursuant to Section 9.1(a), setting forth the principal assumptions upon which such budget is based (collectivelybudgets are based, the “Projections”), which Projections shall in each case be accompanied by the statement of a certificate Financial Officer of an Authorized Officer stating the Borrower to the effect that such Projections the budget of the Borrower is a reasonable estimate for the periods covered thereby and have been prepared in good faith on the basis of the assumptions stated therein, which such assumptions were believed to be reasonable at the time of preparation of such Projectionsbudget, it being understood that actual results may vary from the budget and such Projections.variances may be material;

Budgets. Within 90 days after the commencement of each fiscal year of the BorrowerHoldings, a budget of the Borrower Holdings in reasonable detail on a quarterly basis for such fiscal year as customarily prepared by management of the Borrower Holdings for its internal use consistent in scope with the financial statements provided pursuant to Section 9.1(a), setting forth the principal assumptions upon which such budget is based (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of an Authorized Officer stating that such Projections have been prepared in good faith on the basis of the assumptions stated therein, which assumptions were believed to be reasonable at the time of preparation of such Projections, it being understood that actual results may vary from such Projections.

Budgets. Within 90 days after the commencement of each fiscal year of the Borrower, a budget of the Borrower in reasonable detail on a quarterly basis for such fiscal year as customarily prepared by management of the Borrower for its internal use consistent in scope with the financial statements provided pursuant to Section 9.1(a), setting forth the principal assumptions upon which such budget is based (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of an Authorized Officer stating that such Projections have been prepared in good faith on the basis of the assumptions stated therein, which assumptions were believed to be reasonable at the time of preparation of such Projections, it being understood that actual results may vary from such Projections.

Budgets. Within 90 days after the commencement of each fiscal year of the Borrower, a budget of the Borrower in reasonable detail on a quarterly basis for such fiscal year as customarily prepared by management of the Borrower for its internal use consistent in scope with the financial statements provided pursuant and limited to Section 9.1(a), setting forth the principal assumptions upon which such budget is based a projected consolidated statement of operations and a bridge to projected Consolidated EBITDA (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of an Authorized Officer of the Borrower stating that such Projections have been prepared in good faith based on the basis of the assumptions stated therein, which assumptions that were believed to be reasonable at the time of preparation of such Projections, it being understood that actual results may vary from such Projections.