Financial Projections. The Borrower has delivered to the Administrative Agent a summary of projected financial statements (including, without limitation, statements of operations together with a detailed explanation of the assumptions used in preparing such projected financial statements) of Holdings and its Subsidiaries for the period from the Closing Date through July 23, 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 Holdings’ management, it being understood that such Projections are (i) as to future events and not to be viewed as facts, (ii) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iii) no assurance can be given that the Projections will be realized.
Appears in 5 contracts
Samples: Incremental Facility Amendment to Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)
Financial Projections. The Borrower has Loan Parties have 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 Holdings MDI and its Subsidiaries for the period from the Closing Date through July 23December 31, 2026 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 Holdingsthe Loan Parties’ management, it being understood that such Projections are (ia) as to future events and not to be viewed as facts, (iib) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iiic) 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.)
Financial Projections. The 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 Holdings the Borrower and its Subsidiaries for the period from the Closing Date through July 23December 31, 2026 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 Holdings’ the Borrower’s management, it being understood that such Projections are (i) as to future events and not to be viewed as facts, (ii) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iii) 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 Borrower has Loan Parties have 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 Holdings the Lead Borrower and its Subsidiaries for the period from the Closing Date fiscal year 2017 through July 23, 2026 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 Holdingsthe Loan Parties’ management, it being understood that such Projections are (ia) as to future events and not to be viewed as facts, (iib) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iiic) no assurance can be given that the Projections will be realized.
Appears in 2 contracts
Samples: Credit Agreement (Designer Brands Inc.), Revolving Credit Agreement (DSW Inc.)
Financial Projections. The Borrower has Loan Parties have 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 Holdings the Parent and its Subsidiaries for the period from the Closing Date through July 23December 31, 2026 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 Holdingsthe Loan Parties’ management, it being understood that such Projections are (ia) as to future events and not to be viewed as facts, (iib) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iiic) no assurance can be given that the Projections will be realized.
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Financial Projections. The Borrower has Loan Parties have 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 Holdings the Parent and its Subsidiaries for the period from the Closing Date through July 23December 31, 2026 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 Holdingsthe Loan Parties’ management, it being understood that such Projections are (ia) as to future events and not to be viewed as facts, (iib) are subject to significant uncertainties and contingencies, many of which are beyond the Loan Parties’ control, and (iiic) no assurance can be given that the Projections will be realized.
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