Five-Year Business Plan Sample Clauses

Five-Year Business Plan. Concurrently with the preparation of the Annual Business Plan for each Fiscal Year, the President shall cause to be prepared and shall present to the Board a five (5) year rolling business plan (the “Rolling Business Plan”) of which the first year shall be the Annual Business Plan for such Fiscal Year. Each Rolling Business Plan shall contain, inter alia, (a) pro forma financial statements (projected profit and loss, balance sheet, and changes in financial position) for the succeeding five (5) Fiscal Year period, (b) projected expenditures (expense and capital) for the succeeding five (5) Fiscal Year period, (c) financing plans, cash requirements, loan commitments and Capital Contribution commitments for the succeeding five (5) Fiscal Year period, (d) projected distributions for the succeeding five (5) Fiscal Year period, (e) the amount of money to be spent by the Company on research and development and Intellectual Property development activities for each Fiscal Year in the succeeding five (5) Fiscal Year period, and (f) such other relevant reports and topics as are set forth in the initial Rolling Business Plan (as may be modified, amended or supplemented by the Members in accordance with this Agreement, the “Initial Rolling Business Plan”). The Members shall be obligated to fund (i) (A) the loan commitments scheduled to occur during the first thirty-six (36) months in the Initial Rolling Business Plan and (B) the loan commitments scheduled to occur during the first three (3) Fiscal Years in each other Rolling Business Plan approved by Majority Consent of the Board (each such loan, a “Three-Year Business Plan Loan Commitment”) and (ii) (A) the Capital Contribution commitments scheduled to occur during the first thirty-six (36) months in the Initial Rolling Business Plan and (B) the Capital Contribution commitments scheduled to occur during the first three (3) Fiscal Years in each other Rolling Business Plan approved by Majority Consent of the Board (each such Capital Contribution, a “Three-Year Business Plan Capital Contribution Commitment”), in the case of each of clauses (i) and (ii), in proportion to their respective Percentage Interests at the time such loan or Capital Contribution is required to be funded by such Rolling Business Plan, except to the extent the Board determines by Majority Consent such Three-Year Business Plan Loan Commitments or Three-Year Business Plan Capital Contribution Commitments shall be funded in a different proportion. Othe...
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Five-Year Business Plan. A strategic business plan that outlines in detail the approach of scheduling Xxxxxx produced shows and booking of 3rd party rentals and events including projections on revenue and expenses related to the operation of the facility. This plan shall also include staffing requirements and shall be updated one year from the effective date of this Operation Agreement and at least once every two years thereafter. All reports and updates shall be provided to the City on a regular schedule to be developed and agreed upon by the parties. The first three-year strategic plan shall be submitted to the City on or before March 31, 2022. The Business Plan shall include proposals to utilize the following rentable spaces: 250-seat Xxxxxxxxxx Family Mainstage, Peach State Federal Credit Union Studio, 500-seat Grand Stage Theatre, Xxxxxx Cabaret, Xxxxxxx Gallery, Borders Rehearsal Hall, and the Outdoor Courtyard, and shall include plans for the accrual of capital accounts to fund expected capital expenditures. The first-year business plan shall be submitted to the City on or before April 15, 2022.
Sample 1
Five-Year Business Plan. A. The Five Year Business Plan (including volume, income statement, balance sheet, capital investments, marketing plans and strategies, etc.) will be reviewed by CFO, COO and CEO (“Executive Management”) and presented to the Board of Directors for approval each year. R R R A B. Significant modifications to the Five Year Business Plan R R R A
Sample 1
Five-Year Business Plan. A strategic business plan that outlines in detail the approach of scheduling Xxxxxx produced shows and booking of 3rd party rentals and events including projections on revenue and expenses related to the operation of the facility. This plan shall also include staffing requirements and shall be updated one year from the approval by the City of the initial Five Year Business Plan and at least once every two years thereafter. All reports and updates shall be provided to the City on a regular schedule to be developed and agreed upon by the parties. The Business Plan shall include proposals to utilize the following rentable spaces: 250-seat Xxxxxxxxxx Family Mainstage, Peach State Federal Credit Union Studio, 500-seat Grand Stage Theatre, Xxxxxx Cabaret, Xxxxxxx Gallery, Borders Rehearsal Hall, and the Outdoor Courtyard, and shall include plans for the accrual of capital accounts to fund expected capital expenditures. The first-year business plan shall be submitted to the City on or before June 30, 2022.
Sample 1
Five-Year Business Plan. The BORROWER shall deliver to the ADMINISTRATIVE AGENT on or before each July 31 during the term of the CREDIT FACILITY, commencing with FISCAL YEAR 1996 a CONSOLIDATED and consolidating financial projection analysis for that FISCAL YEAR and the ensuing four (4)
Sample 1
Five-Year Business Plan. Each Shareholder agrees that, at the meeting of the board of directors of the Company (the "Board") to be held on the date of this letter agreement or immediately thereafter, it shall cause its representatives on the Board to vote in favor of the approval and adoption of the Five Year Business Plan which is attached hereto as Annex A.
Sample 1
Five-Year Business Plan. Within 180 days following the effective date of the Services Agreement ProMedCo-SW shall prepare, in collaboration with the physician leadership of NMC, a five year business plan. That business plan shall identify growth opportunities and capital and resource requirements for the achievement of these growth opportunities. The business plan shall then be reviewed and, if accepted, approved by the Policy Council. Following this approval, 0400630.14 080020-015 05/07/97 (1) ProMedCo-SW shall prepare and present to the Policy Council an annual budget for the first calendar year of the Services Agreement, including a capital expenditure budget consistent with the five year business plan. Approval by the Policy Council of this annual budget and capital expenditure budget shall initiate a commitment of capital by ProMedCo consistent with the terms of the Services Agreement. This process shall be repeated each calendar year, and on an as needed basis in the event that business conditions change or opportunities arise.
Sample 1
AutoNDA by SimpleDocs
Five-Year Business Plan. Purchaser shall have provided a five-year business plan acceptable to Company with respect to the Salt Life brand; provided, however, such business plan shall be non-binding and shall not impair Purchaser's right, subject to any applicable fiduciary duties under state corporate law, to operate the Business and Purchaser's and its Affiliates' other businesses, whether now owned or hereafter acquired, in Purchaser's best commercial judgment.
Sample 1
Five-Year Business Plan. As soon as practicable after the execution of this Agreement, CTC and AWS Sub will agree on a five-year high-level business plan (the "Five-Year Business Plan"), which shall include business forecasts, appropriate explanations of the Manager's proposed strategy, with details of assumptions used, and in addition will set forth the general goals and parameters for the
Sample 1

Related to Five-Year Business Plan

  • Business Plan The Lenders shall have received a satisfactory business plan for fiscal years 1997 through 2002 and a satisfactory written analysis of the business and prospects of the Borrower and its Subsidiaries for the period from the Closing Date through December 31, 2002.

  • Budget The System Agency allocated share by State Fiscal Year is as follows:

  • EBITDA With respect to REIT and its Subsidiaries for any period (without duplication): (a) Net Income (or Loss) on a Consolidated basis, in accordance with GAAP, exclusive of the following (but only to the extent included in determination of such Net Income (Loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense; plus (b) such Person’s pro rata share of EBITDA of its Unconsolidated Affiliates as provided below. With respect to Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries, EBITDA attributable to such entities shall be excluded but EBITDA shall include a Person’s Equity Percentage of Net Income (or Loss) from such Unconsolidated Affiliates or such Subsidiary of Borrower that is not a Wholly Owned Subsidiary plus its Equity Percentage of (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense.

  • Variances From Operating Budget Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

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