Common use of Business Plans and Budgets Clause in Contracts

Business Plans and Budgets. At least thirty (30) days prior to the end of each fiscal year, (A) an annual business plan setting forth the anticipated strategic business activities and goals, including an expected operating budget, of the Company and projections of operating results, prepared on a quarterly basis, and (B) an annual capital budget describing the intended capital investment strategy of the Company that has been approved and adopted by the Board.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mti Technology Corp), Investor Rights Agreement (Mti Technology Corp)

AutoNDA by SimpleDocs

Business Plans and Budgets. At least thirty (30) consecutive days prior to the end of each fiscal year, (Ai) an annual business plan setting forth the anticipated strategic business activities and goals, including an expected operating budget, of the Company and an projections of operating results, prepared on a quarterly basis, and (Bii) an annual capital budget describing the intended capital investment strategy of the Company that has been approved and adopted by the Board.

Appears in 2 contracts

Samples: Investor Rights Agreement (Evolving Systems Inc), Investor Rights Agreement (Evolving Systems Inc)

AutoNDA by SimpleDocs

Business Plans and Budgets. At least thirty (30) days prior to the end of each fiscal year, (Ai) an annual business plan setting forth the anticipated strategic business activities and goals, including an expected operating budget, of the Company and an projections of operating results, prepared on a quarterly basis, and (Bii) an annual capital budget describing the intended capital investment strategy of the Company that has been approved and adopted by the Board.

Appears in 1 contract

Samples: Investor Rights Agreement (Mti Technology Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.