Common use of Preparation of Budgets Clause in Contracts

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board and furnish to the Lender a copy of an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereafter. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board and furnish to the each Lender a copy of of, an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender Lenders monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereaftermonth. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board and furnish to the Lender a copy of an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereafter. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board and furnish to the Lender a copy of an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereafter. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board and furnish to the each Lender a copy of of, an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender Lenders monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereafter. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's ’s fiscal year Borrower agrees to prepare and submit to the Board and furnish to the Lender a copy of an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board may request. (b) Borrower shall furnish to the Lender monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 days of the end of each month thereafter. (c) Borrower agrees that it will review its operations with the AgentLender. Such operations reviews will be in such depth and detail as the Agent Lender shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.

Preparation of Budgets. (a) Prior to the beginning of Borrower's fiscal year Borrower agrees to prepare and submit to the Board of Directors and furnish to the each Lender a copy of of, an annual plan for such year which shall include, without limitation, plans for expansion, if any, plans for incurrences of Indebtedness and projections regarding other sources of funds, quarterly projected capital and operating expense budgets, cash flow statements, profit and loss statements and balance sheet projections, itemized in such detail as the Board of Directors may request. (b) Borrower shall furnish to the Lender Lenders monthly financial reports, including budgets (as currently used by management in the conduct of business) within 30 thirty (30) days of the end of each month thereaftermonth. (c) Borrower agrees that it will review its operations with the Agent. Such operations reviews will be in such depth and detail as the Agent shall reasonably request and will be held as reasonably necessary, generally once a fiscal quarter.