Common use of Business Plan and Budget Clause in Contracts

Business Plan and Budget. The Company has delivered to the Purchaser on or before the Closing a business plan and budget for the twelve (12) months following the Closing (the “Business Plan”). Such Business Plan was prepared in good faith based upon assumptions and projections which the Founders believe are reasonable and not materially misleading.

Appears in 3 contracts

Samples: Securities Purchase Agreement (TuSimple Holdings Inc.), Series E 2 Preferred Stock Purchase Agreement (TuSimple Holdings Inc.), Securities Purchase Agreement (TuSimple Holdings Inc.)

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Business Plan and Budget. The Company has delivered to the each Purchaser on or before the Closing a business plan and budget for the twelve (12) months following the Closing (the “Business Plan”). Such Business Plan was prepared in good faith based upon assumptions and projections which the Founders believe are reasonable and not materially misleading.

Appears in 2 contracts

Samples: Series D 1 Preferred Share Purchase Agreement (TuSimple Holdings Inc.), Series E Preferred Share Purchase Agreement (TuSimple Holdings Inc.)

Business Plan and Budget. The Company has delivered to the Purchaser Purchasers on or before the Closing a business plan and budget for the twelve (12) months following the Closing (the “Business Plan”). Such Business Plan was prepared in good faith based upon assumptions and projections which the Company, the Domestic Company and the Founders believe are reasonable and not materially misleading.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement, Preferred Share Purchase Agreement (JIAYUAN.COM International LTD)

Business Plan and Budget. The Company has delivered to the Purchaser Investor on or before the Closing a business plan and budget for the twelve (12) months following the Closing (to the “Business Plan”)reasonable satisfaction of the Investor. Such Business Plan business plan and budget was prepared in good faith based upon assumptions and projections which the Founders believe Company believes are reasonable and not materially misleading.

Appears in 1 contract

Samples: Share Purchase Agreement (Visionchina Media Inc.)

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Business Plan and Budget. The Company has delivered to the Purchaser Investors on or before the Closing a business plan and budget for the twelve (12) months following the Closing (to the “Business Plan”)reasonable satisfaction of the Investors. Such Business Plan business plan and budget was prepared in good faith based upon assumptions and projections which the Founders believe Company believes are reasonable and not materially misleading.

Appears in 1 contract

Samples: Share Purchase Agreement (Visionchina Media Inc.)

Business Plan and Budget. The Company has delivered to the Purchaser on or before the Closing a business plan and budget for the twelve (12) months following the Closing (the “Business Plan”). Such Business Plan was prepared in good faith based upon assumptions and projections which the Founders Sellers believe are reasonable and not materially misleading.

Appears in 1 contract

Samples: Share Purchase Agreement (TAL Education Group)

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