Business Plan and Financial Reporting. The Company will ensure the Board causes to be prepared and submitted to the Directors for approval: Business Plan: on or before [one] month prior to the Balance Date in each year a detailed draft business plan for the Company for the next financial year which includes an annual budget and contains similar detail as the Agreed Budget;
Business Plan and Financial Reporting. The parties will ensure the Company causes to be prepared and submitted to the Directors for approval:
Business Plan and Financial Reporting. The parties will ensure the Company causes to be prepared and submitted to the Directors for approval: Business Plan: on or before [one] month prior to the Balance Date in each year a detailed draft business plan for the Company for the next financial year which includes an annual budget and contains similar detail as the first Business Plan; Annual Statements: no later than [75] Business Days after the end of each financial year of the Company, [unaudited] financial statements [audited by the Auditor]; Quarterly Statements: within [20] Business Days after the end of each Quarter, unaudited financial statements; [Monthly Cashflow Statements: within [5] Business Days after the end of each calendar month, a cashflow statement for that month, and for the financial year to date and a cashflow forecast for the next [3] months; and] Additional Information: such further information as the Investors may reasonably require from time to time relating to the Company's Business and/or financial condition.
Business Plan and Financial Reporting. The parties will ensure the Company causes to be prepared and submitted to the Directors for approval: Quarterly management accounts: within 20 Business Days after the end of each Quarter, management accounts for the last Quarter; and Additional information: such further information as the Investors may reasonably require from time to time relating to the Company's Business and/or financial condition.
Business Plan and Financial Reporting. The parties will ensure the Company causes to be prepared and submitted to the Directors for approval: Business Plan: on or before [one] month prior to the Balance Date in each year a detailed draft business plan for the [Company][Group] for the next financial year which includes an annual budget and contains similar detail as the first Business Plan; Annual Statements: no later than 5 months after each Balance Date, [unaudited] financial statements [audited by the Auditor]; [Drafting Note: Depending on the age and stage of the Company, it may not be cost effective to require the Company to be audited as a default rule in the shareholders agreement] Quarterly Statements: within [20] Business Days after the end of each Quarter, unaudited financial statements; [and] [Monthly Cashflow Statements: within [5] Business Days after the end of each calendar month, a cashflow statement for that month, and for the financial year to date and a cashflow forecast for the next [3] months; and] Additional Information: such further information as the majority of Investors (by number of Shares held among Investors) may reasonably require from time to time relating to the [Company’s][Group's] Business and/or financial condition.
