Delivery of Budget. The Company shall have delivered to the Investors its budget for the financial year ending December 31, 2014 in the form and substance reasonably satisfactory to the Investors.
Delivery of Budget. The Company shall have delivered to the Investors its budget for the third and fourth quarters of 2013 and the calendar year of 2014 in the form and substance reasonably satisfactory to the Investors.
Delivery of Budget. By March 1 of each year during the term, VENUWORKS shall submit to CLIENT a proposed annual operating budget for the ensuing fiscal year, listing all projected Revenues and Operating Expenses by category, broken down by month, with explanations and assumptions for each Revenue and Operating Expense line item. The proposed annual budget shall include a proposed rent structure for events proposed to take place in the Facility for the ensuing year.
Delivery of Budget. On or before September 12, 2016, Borrower shall deliver to Lender a budget (the “September 2016 Budget”) acceptable to Lender, setting forth up to $500,000 of Borrower’s Necessary Non-Payroll Expenses. For the purposes of this Agreement: (i) “Necessary Non-Payroll Expenses” means and includes only those expenses of Borrower which (A) do not include Payroll Expenses, and (B) Borrower represents and warrants are necessary for the operation of Borrower’s business during the period of September 16 through September 30, 2016; (ii) “Payroll Expenses” means and includes only the following: salaries, wages, payroll taxes and unemployment compensation insurance; (iii) “Budgeted Non-Payroll Expenses” means and includes Necessary Non-Payroll Expenses which are set forth in the September 2016 Budget; and (iv) “Non-Budgeted Non-Payroll Expenses” means and includes Necessary Non-Payroll Expenses which are not set forth in the September 2016 Budget.”
Delivery of Budget. The Company's annual operating budget (the "Annual Budget") shall have been approved by the Board of Directors of the Company, no later than 60 days prior to the beginning of each fiscal year, which Annual Budget shall contain such detail as Epsom shall reasonably request. Promptly after approval by the Board of Directors, the Company shall deliver a copy of the Annual Budget to Epsom.
Delivery of Budget. (1) As soon as reasonably practicable, but in no event later than ten (10) Business Days following the date of this Agreement, the SRGL Parties shall provide the Noteholders with a spreadsheet, in reasonable detail, setting forth all relevant amounts and information related to payments and obligations of the SRGL Entities set forth on Exhibit D hereto.
Delivery of Budget. The Borrowers shall have delivered a thirteen (13) week Budget and a one-year budget that are satisfactory to the Administrative Agent and the Co-Managers.
Delivery of Budget. The Borrowers shall have delivered a thirteen (13) week Budget and a one-year projected financial model budget for 2010 with monthly consolidated income statements, balance sheets and statements of earnings and cash flow of each of Greektown Holdings and each of its Subsidiaries, in each case, that are satisfactory to the Administrative Agent and the Lenders.
Delivery of Budget. On a date to be determined by the City Manager each year during the term, VENUWORKS shall submit to the City Manager a proposed annual operating and capital budget for the ensuing year, and if feasible for four future years, detailing all projected Revenues and Operating Expenses by line item, summed by category, and broken down by month, with written explanations and assumptions for each Revenue and Operating Expense line item. The proposed annual operating budget shall include a proposed rent structure for events proposed to take place in the Facility for the ensuing year.
Delivery of Budget. The Manager shall deliver to the Owner a statement setting forth in detail the estimated receipts and the estimated amounts required to be expended, on a cash basis, during the next succeeding calendar year, by the Manager in the performance of its duties hereunder, including without limitation the amount of real estate taxes, assessments, insurance premiums, and maintenance and other expenses relating to the Property Project operations. The Manager shall further provide such other financial information as is reasonably requested by the Owner. The Manager will cooperate with and give reasonable assistance to any independent public accountant retained by the Owner to examine such statement or other records pertaining to the Parking Project.
