Business Plans Sample Clauses

Business Plans. As promptly as possible, but in no event later than July 15, 2010 (and, as applicable, with current information as of June 30, 2010) the Manager shall deliver to the Initial Member written plans (each, a “Business Plan”) detailing the strategy to be used by it in managing and disposing of the assets of the Company in respect of all of the Loans for achieving the Company’s purposes with respect thereto, in conformance with the Servicing Standard, based, to the extent appropriate, on information gathered by the Company with respect to the Loans, which shall include (i) individual Business Plans for each of the ten (10) largest Loans based on their Unpaid Principal Balance as of the Cut-Off Date (as set forth on the Loan Schedule), and (ii) a consolidated Business Plan covering all Loans (a “Consolidated Business Plan”). With respect to the first such Business Plans and Consolidated Business Plan, the Manager shall meet with the Initial Member as reasonably requested by the Initial Member from time to time during the thirty (30) Business Days following the Initial Member’s receipt of the same, to review and discuss such Business Plans and Consolidated Business Plan, including changes thereto suggested by the Initial Member. Within thirty (30) Business Days following expiration of such review period, the Manager will deliver to the Initial member a final version of such Business Plans and Consolidated Business Plan reflecting such changes as the Manager considers to be appropriate in light of its discussions with the Initial Member during such review period. The Manager shall thereafter review and revise each Business Plan and Consolidated Business Plan as the circumstances may require, and in any event provide periodic updates to such Business Plans (and for each such update, the same shall cover the ten (10) largest Loans based on their Unpaid Principal Balance as of the time of such update) and Consolidated Business Plan to the Initial Member, in January (current as of December 31 of the immediately preceding year) and July (current as of June 30 of such year) of each year, commencing in January 2011, with each such periodic update to de delivered as part of the Monthly Reports due at such time pursuant to Section 7.4(b), Upon reasonable notice by the Initial Member, the Company shall make its personnel who are familiar with such Business Plans and Consolidated Business Plans available during normal business hours for the purposes of discussing such Busines...

Business Plans. The Approved Full-Term Operating Business -------------- Plan and Approved Annual Operating Business Plan, if any, have been prepared in all material respects in accordance with GAAP (except for the treatment of Indebtedness owing to the FCC, which has been reflected in such plans at historical cost).

Business Plans. As promptly as possible, but in no event later than the time periods set forth herein (and, as applicable, with current information as of the month most recently ended prior to delivery thereof) the Manager must deliver to the Initial Member written plans detailing the strategy to be used by it in managing and disposing of the Assets (and the Ownership Entities) for achieving the Company’s purposes with respect thereto, in conformance with the Servicing Standard, based, to the extent appropriate, on information gathered by the Company with respect to the Assets (each, together with any updates thereto, a “Business Plan”), which will include (i) with respect to each Pool, individual Business Plans (each, a “Borrower-Business Relationship Business Plan”) for each of the twenty-five largest Borrower-business relationships in such Pool based on their Unpaid Principal Balance as of the Cut-Off Date (determined by aggregating the Loans in such Pool of Borrower and Obligors under common Control or that otherwise are Affiliates of each other), and (ii) a consolidated Business Plan covering all Assets in all Pools (with the Borrower-Business Relationship Business Plans being integrated therein) (a “Consolidated Business Plan”). Such initial Borrower-Business Relationship Business Plans (for each Pool) must be delivered not more than one hundred eighty days after the Closing Date, and such initial Consolidated Business Plan must be delivered not more than one hundred eighty days after the Closing Date. With respect to the first such Borrower-Business Relationship Business Plans (for each Pool) and Consolidated Business Plan, the Manager must meet with the Initial Member as reasonably requested by the Initial Member from time to time during the thirty Business Days following the Initial Member’s receipt of the same, or such later date as requested by the Initial Member, to review and discuss such Borrower-Business Relationship Business Plans and Consolidated Business Plan, including changes thereto suggested by the Initial Member. Within thirty Business Days following expiration of such review period, the Manager will deliver to the Initial Member a final version of such Borrower-Business Relationship Business Plans (for each Pool) and Consolidated Business Plan reflecting such changes as the Manager considers to be appropriate in light of its discussions with the Initial Member during such review period. The Manager must thereafter review and revise each Business Pl...

Business Plans. If you sign up for a Business Plan, you understand that the usage of the Service and Device is strictly restricted to business premises and usage only; you understand and agree to not use the Services under this plan for any personal, residential, nonbusiness and nonprofessional purpose. This also means that you are not to resell or transfer the Service to any other person for any purpose or make any charge for the use of the Service, without express written permission from VoIP Office in advance. VoIP Office reserves the right to immediately terminate, change the calling plan or modify the Service if VoIP Office determines, in its sole discretion, that you are using the Service for non- business or non-commercial use.

Business Plans. (a) The SpinCo Group shall retain all Liabilities (and Assets, where applicable) with respect to the Business Plans, including any withdrawal liability (and no member of the Parent Group that is not in the SpinCo Group shall have any obligations with respect thereto).

Business Plans. On or before November 30 of each year, the Managers of the Company shall, in consultation with BAM, develop a business plan and budget for the Company (including HoldCo Sub and OpCo) (the "Business Plan") for the following calendar year of HoldCo (and HoldCo Sub and OpCo). The Business Plan for the period between the Effective Date and December 31, 1999 is attached hereto as Schedule D. Each subsequent Business Plan shall be submitted to the Members for review and, subject to the second following sentence, comment, and shall be adopted only with the mutual consent of BAM and CCIC Member. The Company shall use commercially reasonable efforts to, and cause each of HoldCo Sub and OpCo to, conduct their respective businesses in accordance with the then current Business Plan. If by the first date of any year the proposed Business Plan for that year has not been adopted, the Business Plan for such year shall be deemed to be the expense portion of the Business Plan in effect for the preceding year increased, at the discretion of CCIC Member, to an amount not to exceed the sum of: (a) the average operating cost per communications tower owned by OpCo (or of which it has the economic benefit) (the "OpCo Towers") based on the most recent quarterly financial statements available as of the first day of the current year multiplied by fifty percent (50%) of the sum of (i) the aggregate number of OpCo Towers constructed, completed or otherwise acquired in the course of the prior year and (ii) the aggregate number of OpCo Towers projected to be constructed, completed or otherwise acquired in the current year in the Business Plan for the prior year; and (b) the sum of (x) with respect to all contractual price increases with respect to contracts and agreements to which OpCo is a party and all increases in Taxes with respect to OpCo Towers, the amount of such increase and (y) with respect to all other expense items in the previous year's budget, (A) the amount of such expenses multiplied by (B) the sum of one (1) plus an amount equal to the percentage increase in the CPI during the previous year. If BAM and CCIC Member are unable to mutually agree on the Business Plan for the year commencing January 1, 2000, the Business Plan for such year shall be deemed to be the quotient of (a) the expense portion of the initial Business Plan for the period ending December 31, 1999, increased as contemplated by the foregoing sentence, multiplied by three hundred sixty-five (365) (b) divide...

Business Plans. 58 6.3.8 Notice of Defaults; Loss.................................................... 58 6.3.9 Notice of Suits, Adverse Events............................................. 58 6.3.10 Reports to Shareholders, Creditors and Governmental Bodies...................................................................... 59 6.3.11 ERISA Notices and Requests.................................................. 59 6.3.12

Business Plans. Not less than 30 days prior to the end of each year, a business plan for the Paging Business of Borrower for the following year setting forth in reasonable detail the projected Operating Cash Flow, Capital Expenditures and operations budget of such Paging Business and of Borrower, and such other information as Lenders reasonably may request, for such following year.

Business Plans. The Business Plans accurately state in all material respects all costs and expenses incurred and to be incurred in connection with the business of the Borrower and IMPSAT as applicable. All projections and budgets furnished or to be furnished to the Lenders by or on behalf of the Borrower and IMPSAT and the summaries of significant assumptions related thereto, including (without limitation) all information in the Business Plans: (1) have been and will be prepared with due care; (2) fairly present, and will fairly present, in all material respects, the expectations of the Borrower and IMPSAT as to the matters covered thereby, and (3) are based on, and will be based on, reasonable assumptions as to all factual and legal matters relative to the estimates therein.

Business Plans. (a) Royal Street shall establish a Planning Group (the “Planning Group”) consisting of such officers and management level persons as the Management Committee may select, provided that the majority of such members shall be employees of Royal Street or representatives of C9 Wireless and not employees or representatives of the MetroPCS Parties. The Planning Group shall prepare a business plan for the *** period commencing on the License Grant Date (“Business Plan”), in accordance with such direction as the Management Committee shall provide. Separate business plans may be developed for individual Markets, groups of Markets, or different market situations as the Management Committee shall direct. The Business Plan shall include appropriate schedules for deployment of the CMRS systems, capital and operating budgets and such other detail as the Management Committee shall specify. The Business Plan shall be designed to make the Royal Street Systems competitive in each of the Markets. The Business Plan shall be submitted to the Management Committee for its approval in accordance with such schedule as the Management Committee shall specify, but in all events the Planning Group shall submit the overall Business Plan for Royal Street to the Management Committee within sixty (60) days of the Effective Date. The Management Committee may approve the Business Plan as submitted, make such modifications as the Management Committee deems appropriate or require the Planning Group to revise the proposal and resubmit it to the Management Committee in accordance with such guidance and at such time as the Management Committee shall set. (b) At least sixty (60) days prior to the expiration of each twelve (12) month period covered by the Business Plan, the Planning Group shall prepare and submit to the Management Committee any proposed revisions to the Business Plan(s) which the Planning Group believes should be made in order to better achieve the goals for the Royal Street Systems, or any one or more of them. The Management Committee shall have the authority to approve, modify on a line-by-line basis or return the proposed revisions to the Planning Group for further revision. The Planning Group shall resubmit a revised Business Plan to the Management Committee within fifteen (15) days after its return to the Planning Group for revision. (c) The Planning Group also shall prepare and submit to the Management Committee a proposed Annual Business Plan (“Annual Business Plan”) for the...