Common use of Business Plan Clause in Contracts

Business Plan. The Business Plan delivered to Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ best estimate of their and their Subsidiaries’ future financial performance.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Team Inc), Term Loan Credit Agreement (Team Inc), Term Loan Credit Agreement (Team Inc)

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Business Plan. The Business Plan delivered to the Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ best estimate of their and their Subsidiaries’ future financial performance.

Appears in 3 contracts

Samples: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Credit Agreement (Team Inc)

Business Plan. The Business Plan delivered to the Agent on the Closing Date and in accordance with Section 7.1(k)(ii) were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, and represented, at the time of delivery, the Loan Parties’ Borrower's best estimate of their and their Subsidiaries’ its future financial performance.

Appears in 2 contracts

Samples: Loan and Security Agreement (American Railcar Industries, Inc./De), Loan and Security Agreement (American Railcar Industries, Inc./De)

Business Plan. The Business Plan and the Financial Statements delivered to the Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ such Borrower's reasonable best estimate of their and their Subsidiaries’ the future financial performanceperformance of GPI and its Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Grant Prideco Inc)

Business Plan. The Business Plan and the Financial Statements delivered to the Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ Borrower’s best estimate of their and their Subsidiaries’ its future financial performance.

Appears in 1 contract

Samples: Loan and Security Agreement (American Railcar Industries, Inc.)

Business Plan. The Business Plan delivered to Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties' best estimate of their and their Subsidiaries' future financial performance.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

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Business Plan. The Business Plan and the Financial Statements delivered to the Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context light of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ Borrowers' best estimate of their and their Subsidiaries’ its future financial performance.

Appears in 1 contract

Samples: Loan and Security Agreement (General Datacomm Industries Inc)

Business Plan. The Business Plan and the Financial Statements described in Section 6.1(i) delivered to the Agent on the Closing Date were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereofthereof and projected for the period covered thereby, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ Borrower's best estimate of their and their Subsidiaries’ its future financial performance.

Appears in 1 contract

Samples: Loan and Security Agreement (Chi Energy Inc)

Business Plan. The Business Plan and the Financial Statements delivered to the Agent on the Closing Date (as defined in the Original Loan Agreement) were prepared in good faith on the basis of assumptions which were fair in the context of the conditions existing at the time of delivery thereof, and, with respect to the Business Plan, represented, at the time of delivery, the Loan Parties’ such Borrower's reasonable best estimate of their and their Subsidiaries’ the future financial performanceperformance of GPI and its Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Grant Prideco Inc)

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