Forecasts and Information Supplied Clause Samples
The "Forecasts and Information Supplied" clause establishes the obligations of a party to provide accurate and timely forecasts or other relevant information to the other party under the agreement. Typically, this clause requires one party to regularly share projections, estimates, or data—such as anticipated demand, delivery schedules, or financial information—that are necessary for planning and performance. By setting expectations for the provision and reliability of such information, the clause helps ensure both parties can make informed decisions and coordinate their activities effectively, thereby reducing misunderstandings and operational risks.
Forecasts and Information Supplied. (i) all factual information that has been made or will be made available to the Lenders by the Canadian Borrower or on its behalf was and will be, when furnished, complete and correct in all material respects and does not, or will not, when furnished, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statement contained therein not materially misleading in light of the circumstances under which such statements are made; and (ii) such financial and other information in respect of the Canadian Borrower and its Affiliates (the “Financial Analyses”) that have been or will be made available to the Lenders by the Canadian Borrower or on its behalf have been or will be prepared in good faith based upon reasonable assumptions; provided, however, that the Lenders acknowledge that there is no assurance that actual results will correspond to any financial projections or forecasts contained in the Financial Analyses;
Forecasts and Information Supplied forecasts and projections supplied to the Agent and the Lenders were based on good faith estimates and assumptions, adequately disclosed therein at the time supplied, believed by it to be reasonable at the time made, it being recognized by the Agent and the Lenders that such projections as to future events are not to be viewed as facts and that actual results during the period or periods covered by such projections may differ from projected (at the time thereof) results of or the prospects for its business. The information included in the Beneficial Ownership Certification, as updated in accordance with Section 12.1.8 is true and correct in all material respects; 2.1.19 No Material Adverse Effect: since February 13, 2020, there is no fact known to it which could reasonably be expected to have a Material Adverse Effect which has not been fully disclosed to the Agent other than a Covid-19 Event; 2.
Forecasts and Information Supplied forecasts and projections supplied to the Agent and the Lenders were based on good faith estimates and assumptions, adequately disclosed therein at the time supplied, believed by it to be reasonable at the time made, it being recognized by the Agent and the Lenders that such projections as to future events are not to be viewed as facts and that actual results during the period or periods covered by such projections may differ from projected (at the time thereof) results of or the prospects for its business. The information included in the Beneficial Ownership Certification, as updated in accordance with Section 12.1.8 is true and correct in all material respects;
Forecasts and Information Supplied. As at the date hereof, (i) the forecasts and projections in respect of the Credit Parties, the Property and the Signage prepared by the Parent Guarantor and delivered to the Administrative Agent and the Lenders were, as at the date thereof, based on good faith estimates and assumptions, adequately disclosed therein, believed by the Parent Guarantor to be reasonable at the time made; and (ii) there is no fact known to the Parent Guarantor that makes the other written information in respect of the Credit Parties, the Property and the Signage heretofore supplied by the Parent Guarantor to the Administrative Agent and the Lenders untrue in any material respect as at the date thereof.
Forecasts and Information Supplied. (i) the consolidated annual financial projections and forecasts of the Borrower and its Subsidiaries supplied to the Administrative Agent and the Lenders, including the financial projections and forecasts supplied to the Administrative Agent and the Lenders in connection with the UK Acquisition Pro Forma Financial Statements, were based on good faith estimates and assumptions, adequately disclosed therein, believed by the Borrower to be reasonable at the time made, it being recognized by the Administrative Agent and the Lenders that such projections as to future events are not to be viewed as facts and that actual results during the period or periods covered by such projections may differ from projected (at the date thereof) results of or the prospects for the business of each of the Borrower, its Subsidiaries and the other Obligors; (ii) the consolidated financial statements of the Borrower last delivered to the Administrative Agent and the Lenders pursuant to this Agreement fairly and accurately reflect in all material respects, subject to customary year-end adjustments, the financial situation of the Borrower as of the date of such consolidated financial statements; (iii) historical financial data of the Borrower and Subsidiaries of the Borrower (but excluding any historical financial data relating to a Subsidiary before it became a Subsidiary of the Borrower) furnished to the Administrative Agent pursuant to subsections 11.4.1.2, 11.4.1.3, 11.4.2 or otherwise fairly and accurately present the financial condition and results of operations of the Borrower and Subsidiaries of the Borrower as at the dates or for the periods ended on the dates specified therein in accordance with Applicable Accounting Principles; and (iv) all other written information heretofore supplied by the Borrower, its Subsidiaries and the other Obligors (but only to the extent such information is prepared by the Borrower, its Subsidiaries and the other Obligors) to the Administrative Agent and the Lenders is true and accurate in all material respects;
Forecasts and Information Supplied. As at the date hereof, (i) the forecasts and projections supplied by the Borrower or its Affiliates to the Administrative Agent and the Lenders were, as at the date thereof, based on good faith/ estimates and assumptions, adequately disclosed therein, believed by the Borrower to be reasonable at the time made, it being recognized by the Lenders that such projections as to future events are not to be viewed as facts and that actual results during the period or periods covered by such projections may materially differ from projected (at the date thereof) results of or the prospects for the business of the Borrower; and (ii) the other written information heretofore supplied by the Borrower or its Affiliates to the Administrative Agent and the Lenders is true and accurate in all material respects as at the date thereof.
