Common use of Financial Projections Clause in Contracts

Financial Projections. The Loan Parties have delivered to the Administrative Agent summary projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI and its Subsidiaries for the period from the Closing Date through December 31, 2021 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ management, it being understood that such Projections are (a) as to future events and not to be viewed as facts, (b) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (c) no assurance can be given that the Projections will be realized.

Appears in 5 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

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Financial Projections. The Loan Parties have Borrower has delivered to the Administrative Agent a summary of projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI Holdings and its Subsidiaries for the period from the Closing Date through December 31July 23, 2021 2026 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan PartiesHoldings’ management, it being understood that such Projections are (ai) as to future events and not to be viewed as facts, (bii) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (ciii) no assurance can be given that the Projections will be realized.

Appears in 5 contracts

Samples: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)

Financial Projections. The Loan Parties have Borrower has delivered to the Administrative Agent a summary of projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Borrower and its Subsidiaries for the period from the Closing Date through December 31, 2021 2024 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ Borrower’s management, it being understood that such Projections are (ai) as to future events and not to be viewed as facts, (bii) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (ciii) no assurance can be given that the Projections will be realized.

Appears in 2 contracts

Samples: Credit Agreement (TWFG, Inc.), Credit Agreement (TWFG, Inc.)

Financial Projections. The Loan Parties have delivered to the Administrative Agent summary projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Lead Borrower and its Subsidiaries for the period from the Closing Date fiscal year 2017 through December 31, 2021 fiscal year 2022 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ management, it being understood that such Projections are (a) as to future events and not to be viewed as facts, (b) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (c) no assurance can be given that the Projections will be realized.. (iii)

Appears in 1 contract

Samples: Credit Agreement (Designer Brands Inc.)

Financial Projections. The Loan Parties have delivered to the Administrative Agent summary projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Parent and its Subsidiaries for the period from the Closing Date through December 31, 2021 2018 derived from various assumptions of the Loan Parties’ management (the "Projections"). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ management, it being understood that such Projections are (a) as to future events and not to be viewed as facts, (b) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (c) no assurance can be given that the Projections will be realized.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

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Financial Projections. The Loan Parties have delivered to the Administrative Agent summary projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Lead Borrower and its Subsidiaries for the period from the Closing Date fiscal year 2017 through December 31, 2021 fiscal year 2022 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ management, it being understood that such Projections are (a) as to future events and not to be viewed as facts, (b) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (c) no assurance can be given that the Projections will be realized.

Appears in 1 contract

Samples: Credit Agreement (DSW Inc.)

Financial Projections. The Loan Parties have delivered to the Administrative Agent summary projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Parent and its Subsidiaries for the period from the Closing Date through December 31, 2021 2020 derived from various assumptions of the Loan Parties’ management (the “Projections”). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ management, it being understood that such Projections are (a) as to future events and not to be viewed as facts, (b) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (c) no assurance can be given that the Projections will be realized.

Appears in 1 contract

Samples: Credit Agreement (CALGON CARBON Corp)

Financial Projections. The Loan Parties have Borrower has delivered to the Administrative Agent a summary of projected financial statements (including, without limitation, statements of operations and cash flow together with a detailed explanation of the assumptions used in preparing such projected financial statements) of MDI the Borrower and its Subsidiaries for the period from the Closing Date through December 31, 2021 2024 derived from various assumptions of the Loan Parties’ management (the "Projections"). The Projections represent a reasonable range of possible results in light of the history of the business, present and foreseeable conditions and the intentions of the Loan Parties’ Borrower’s management, it being understood that such Projections are (ai) as to future events and not to be viewed as facts, (bii) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (ciii) no assurance can be given that the Projections will be realized.

Appears in 1 contract

Samples: Credit Agreement (TWFG, Inc.)

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