Forecasts and Budgets. As soon as available and in any event no later than 45 days after the end of each Fiscal Year, the following prepared by management of the Borrower, in form satisfactory to the Administrative Agent (i) balance sheets, income statements and cash flow statements on a monthly and annual basis for the current Fiscal Year; (ii) balance sheets, income statements and cash flow statements on an annual basis for each Fiscal Year thereafter until the Termination Date; and (iii) a selling, general and administrative expense budget and a capital expenditure budget for the Loan Parties for each Fiscal Year in form and substance reasonably satisfactory to the Administrative Agent.
Forecasts and Budgets. In addition to the business plan required to be delivered pursuant to the last sentence of this Section 5.03(g), as soon as available and in any event no later than 45 days after the end of each Fiscal Year, the following prepared by management of the Borrower, in form satisfactory to the Administrative Agent: (i) balance sheets, income statements and cash flow statements on a monthly and annual basis for such Fiscal Year; (ii) balance sheets, income statements and cash flow statements on an annual basis for each Fiscal Year thereafter until the Termination Date; (iii) a selling, general and administrative expense budget and a capital expenditure budget for the Loan Parties for each Fiscal Year in form and substance reasonably satisfactory to the Administrative Agent, and (iv) any other information the Administrative Agent may reasonably request. Not less than 45 days before the beginning of Fiscal Years 2008 and 2009, the Parent shall deliver, or shall cause the Borrower to deliver, a business plan of ITC^DeltaCom, Inc. which sets forth the business plan for such Fiscal Year as proposed by management and approved by the board of directors of the Parent.
Forecasts and Budgets. Solely upon the request of the Administrative Agent, acting at the direction of the Required DDTL Approving Lenders, not later than 60 days after the commencement of each fiscal year of Parent, a detailed consolidated budget for Parent and its Subsidiaries for such fiscal year (including a projected consolidated statement of financial position and consolidated statements of projected operations and cash flows as of the end of and for such fiscal year and setting forth the material assumptions used for purposes of preparing such budget); and
Forecasts and Budgets. As soon as available and in any event no later than 45 days after the end of each Fiscal Year, the following prepared by management of the Borrower, in form satisfactory to the Administrative Agent (i) balance sheets, income statements and cash flow statements on a monthly and annual basis for the Fiscal Year following such prior Fiscal Year; (ii) balance sheets, income statements and cash flow statements on an annual basis for each Fiscal Year thereafter until the Termination Date; and (iii) a selling, general and administrative expense budget and a capital expenditure budget for all of the Subsidiaries of the Parent for each Fiscal Year in form and substance reasonably satisfactory to the Administrative Agent.
(m) Subsection 5.03(k) is amended to read in full as follows:
Forecasts and Budgets. The Borrower shall have furnished to Agent a revised cash budget, prepared on a monthly basis for such period as the Agent shall require, reflecting such information as is required by the Agent and the Banks consistent with customary credit practices.
Forecasts and Budgets. As soon as available and in any event no later than 45 days after the end of each Fiscal Year, the following prepared by management of the Borrower, in form satisfactory to the Administrative Agent (i) balance sheets, income statements and cash flow statements on a monthly and annual basis for the Fiscal Year following such prior Fiscal Year; (ii) balance sheets, income statements and cash flow statements on an annual basis for each Fiscal Year thereafter until the Termination Date; and (iii) a selling, general and administrative expense budget and a capital expenditure budget for the Borrower, BTI and the Subsidiaries of the Borrower and BTI for each Fiscal Year in form and substance reasonably satisfactory to the Administrative Agent.
Forecasts and Budgets. As soon as available, but in any event no later than thirty (30) days after the end of each Fiscal Year: (i) forecasts prepared by the management of Loan Parties, in form reasonably satisfactory to Administrative Agent, of consolidated balance sheets and statements of income or operations and cash flows for Loan Parties and their Subsidiaries for the immediately following Fiscal Year (and each Fiscal Year thereafter through the Fiscal Year immediately following the Fiscal Year in which the Maturity Date occurs); and (ii) budgets prepared by the management of Administrative Loan Party, in form reasonably satisfactory to Administrative Agent, for such new Fiscal Year. In further clarification of the foregoing, unless and until Administrative Agent advises Administrative Loan Party to the contrary, the form of forecasts and budgets submitted by Administrative Loan Party pursuant hereto, if submitted in substantially the form such items were submitted to Administrative Agent prior to the Effective Date, will be deemed acceptable to Administrative Agent as to form. Upon the approval of such budgets by the chief executive officer and the Board of Directors of Parent, the Loan Parties shall deliver to Administrative Agent and Lenders a copy of such final budget for such Fiscal Year. During any Fiscal Year, upon there occurring any material variance from budget to actual in such Fiscal Year, the Loan Parties will at the request of the Administrative Agent provide a management-prepared updated forecast for the balance of such Fiscal Year.
Forecasts and Budgets. Solely upon the request of the Administrative Agent, acting at the direction of the Required Lenders, not later than 60 days after the commencement of each fiscal year of Parent, a detailed consolidated budget for Parent and its Subsidiaries for such fiscal year (including a projected consolidated statement of financial position and consolidated statements of projected operations and cash flows as of the end of and for such fiscal year and setting forth the material assumptions used for purposes of preparing such budget); and
Forecasts and Budgets. The Borrower shall have delivered to the Agent annual operating and capital forecasts through the Borrower's 2002 Fiscal Year, including a detailed month-by-month budget for the Borrower's 1998 Fiscal Year, which forecasts and budgets shall be satisfactory in form and substance to the Required Lenders.
Forecasts and Budgets. As soon as available, but in any event no later than January 31 of each Fiscal Year (commencing with January 31, 2024), forecasts prepared by the management of Orion, in form reasonably satisfactory to Administrative Agent, of consolidated balance sheets and statements of income or operations, statements of cash flows, together with Revolver Borrowing Base, Term Loan Borrowing base and Liquidity projections and projected financial covenant calculations for Orion and its Subsidiaries for (i) the then current Fiscal Year and (ii) each Fiscal Month in such year;
