Common use of Operating Budgets Clause in Contracts

Operating Budgets. The Company shall provide to Parent --------------------- promptly, but in no event later than November 30, 1997, 1998 operating and capital budgets, which budgets shall be subject to Parent's approval, which approval may not be unreasonably withheld (the "'98 Budgets").

Appears in 2 contracts

Samples: Merger Agreement (MJD Communications Inc), Merger Agreement (MJD Communications Inc)

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Operating Budgets. The Company shall provide to Parent --------------------- promptly, but in no event later than November 30December 20, 19971996, 1998 1997 operating and capital budgets, which budgets shall be subject to Parent's approval, which approval may not be unreasonably withheld (the "'98 97 Budgets").

Appears in 2 contracts

Samples: Merger Agreement (MJD Communications Inc), Merger Agreement (MJD Communications Inc)

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