Business Plan Review Sample Clauses
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Business Plan Review. Within the earlier of:
(a) 14 days from the receipt by the Off Shore Facility Agent of an Updated Business Plan; and
(b) five weeks from the commencement of a financial year of the Borrower, the Borrower and the Off Shore Facility Agent shall meet and review the Updated Business Plan delivered in accordance with Clause 21.1(b) (Financial statements and other information).
Business Plan Review. At the request of DISI, but not more frequently than at three-month intervals, Licensee agrees to review its current and prospective business plan and activities with DISI. Progress may be monitored in relation to the previous most recent plans, including an agreed next milestone, which have been reviewed and approved in writing by both Licensee and DISI.
Business Plan Review. The Joint Planning Committee will have the primary responsibility for formulating a mutually agreeable Business Plan each year and then implementing it. Each Business Plan will encompass a one year period.
Business Plan Review. It is planned to review the Business Plan at least every 6 months in order to update it to the then current situation. The Works Council will be informed of such updates and consulted in case this should result in major changes.
Business Plan Review. If your business plan is complete, it will be addressed at a Trustee meeting to determine whether it meets the criteria. If your business plan does not meet mandatory criteria, it will be removed from the review process. You will receive a letter outlining reasons for denial of application and a contact person who can help you identify other funding sources. All business plans meeting criteria will be notified by letter indicating next steps in the review and approval process.
Business Plan Review days prior to the beginning of each calendar year during the License Term, Licensee shall submit to COMPANY for COMPANY's review an Annual Business Plan that shall set forth the actions Licensee intends to undertake during the next year of the License Term to maximize Gross Revenues for such year. Such Annual Business Plan shall include, among other things, an annual budget, an annual financial plan, an annual marketing plan, and annual real estate development plan and an annual information systems plan, as applicable. Licensee acknowledges and agrees that the Annual Business Plan shall contain information as COMPANY may require from time to time (and that COMPANY may change, modify or revise such requirements in its sole discretion). LICENSEE ACKNOWLEDGES THAT COMPANY'S REVIEW OF AN ANNUAL BUSINESS PLAN DOES NOT CONSTITUTE AN ASSURANCE, REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE FEASIBILITY OF THE ANNUAL BUSINESS PLAN OR FOR ANY OTHER PURPOSE. COMPANY SHALL NOT BE RESPONSIBLE FOR THE FAILURE OF AN ANNUAL BUSINESS PLAN REVIEWED BY COMPANY TO MEET LICENSEE'S EXPECTATIONS AS TO REVENUE OR OPERATIONAL CRITERIA. LICENSEE FURTHER ACKNOWLEDGES AND AGREES THAT ITS IMPLEMENTATION OF ANY ANNUAL BUSINESS PLAN WILL BE BASED SOLELY ON LICENSEE'S OWN INDEPENDENT INVESTIGATION OF THE FEASIBILITY OF THE ANNUAL BUSINESS PLAN.
