Business Plan and Projections Clause Samples
The 'Business Plan and Projections' clause outlines the requirement for a party, typically a company, to provide detailed information about its current business strategy and anticipated financial performance. This clause may specify the format, frequency, and content of business plans or financial forecasts that must be delivered to investors, lenders, or other stakeholders, such as annual revenue projections or market expansion plans. Its core function is to ensure transparency and keep relevant parties informed about the company's direction and expected outcomes, thereby supporting informed decision-making and risk assessment.
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Business Plan and Projections. As soon as available, but in any event no later than sixty (60) days after the beginning of each Fiscal Year, updated projections of the Borrower, including, without limitation, the operating cash flow of the Borrower for such Fiscal Year and the statutory income statement of RSL, Safety National and, after consummation of any other Acquisition permitted by this Agreement, each Acquired Person (to the extent applicable) for such Fiscal Year;
Business Plan and Projections. Not later than February 15th in each year, copies of the Borrower’s business plan and financial projections for the upcoming three (3) fiscal years (together with a copy in writing of the assumptions on which such business plan and projections were based), each certified by the Borrower’s chief financial officer and illustrating the projected income statements, balance sheets and statements of changes in cash flow on a Consolidated basis.
Business Plan and Projections. Not later than January 31st in each year, copies of HCRI's business plan and financial projections for the upcoming three (3) fiscal years (together with a copy in writing of the assumptions on which such business plan and projections were based), each certified by HCRI's chief financial officer and illustrating the projected income statements, balance sheets and statements of changes in cash flow on a consolidated basis.
Business Plan and Projections. As soon as available, but in any event within forty-five (45) days after commencement of each new fiscal year, a business plan and projected financial statements for such fiscal year.
Business Plan and Projections. The Agent shall have received a business plan with projections in scope and form satisfactory to the Agent.
Business Plan and Projections. The Lenders shall have received and shall be satisfied with a business plan and financial projections through 2007, prepared on a quarterly basis, and through 2011, prepared on an annual basis.
Business Plan and Projections. Agent shall have received, in form and substance satisfactory to Agent, Borrowers' business plan and monthly financial projections for Borrowers' fiscal year ending January 31, 2005, and such further information and documentation as Agent shall reasonably require with respect to each Borrower.
Business Plan and Projections. Not later than January 31st in each year, copies of Parent Guarantor’s and Borrower’s respective business plans and financial projections for the upcoming fiscal year (together with a copy in writing of the assumptions on which such business plan and projections were based), each certified by a Responsible Officer of Parent Guarantor and Borrower and illustrating the projected income statements, balance sheets and statements of changes in cash flow on a consolidated basis.
Business Plan and Projections. The Administrative Agent shall have received and shall be satisfied with a business plan and financial projections (the “Projections”) for each calendar quarter in 2005, and the first calendar quarter in 2006.
Business Plan and Projections. Within 30 days after the Closing (as defined in the Securities Purchase Agreement dated April 17, 2006 among the Borrower and the other parties named therein (as amended, the "Purchase Agreement")) the Borrower shall deliver a Business Plan and Projections, in form and substance (including as to scope and underlying assumptions) satisfactory to Lender, in its sole discretion, for the forthcoming 12 month period, on a month by month basis, certified by the chief financial officer of Borrower as being such officer's good faith best estimate of the financial performance of Borrower during the period covered thereby. Covenant levels with respect to EBITDA and Excess Availability set forth in the foregoing subsections (a) and (b) will be reset within 30 days of receipt and approval of the Business Plan and Projections and be based upon the Business Plan and Projections approved by Lender."