Projected Operating Budget. Furnish Agent, prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 2006, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Akrion, Inc.), Revolving Credit and Security Agreement (Akrion, Inc.)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062009, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the a Vice President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Export Import Revolving Credit and Security Agreement (Fairchild Corp), Revolving Credit and Security Agreement (Fairchild Corp)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years year of Borrowers commencing with fiscal year 20062012, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers Borrower on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower Borrower, in his personal capacity, to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc), Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)
Projected Operating Budget. Furnish AgentAgent and Lenders, prior to no later than seventy-five (75) days after the beginning of each Borrower’s 's fiscal years year commencing with fiscal year 20062023, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial a Responsible Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP), Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s 's fiscal years commencing with after fiscal year 20062000, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (PVC Container Corp), Revolving Credit, Term Loan and Security Agreement (PVC Container Corp)
Projected Operating Budget. Furnish Agent, prior to the beginning of each Borrower’s fiscal years year of Holdings, commencing with the fiscal year 2006commencing November 1, 2007, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers Holdings and its Subsidiaries on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower Loan Party to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Loan and Security Agreement (BNS Holding, Inc.), Loan and Security Agreement (BNS Holding, Inc.)
Projected Operating Budget. Furnish AgentAgent and Lenders, prior to the beginning no later than February 15 of each Borrower’s fiscal years commencing with fiscal year 20062021, a month by month and annual projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis Consolidated Basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer or Vice President of Finance of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (ARKO Corp.), Revolving Credit and Security Agreement (ARKO Corp.)
Projected Operating Budget. Furnish Agent, prior to no later than the beginning of each Borrower’s 's fiscal years commencing with fiscal year 20062003, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month month, a statement of cash flows for each quarter and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Foster L B Co)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years year of Borrowers commencing with fiscal year 20062013, a month by month quarter-by-quarter projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis Consolidated Basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Enservco Corp)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062009, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Hybrook Resources Corp.)
Projected Operating Budget. Furnish Agent, no later than forty-five (45) days prior to the beginning of each Borrower’s Borrowers’ fiscal years commencing with fiscal year 20062012, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound reasonable financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Intcomex, Inc.)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than ten (10) days prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062011, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)
Projected Operating Budget. Furnish AgentAgent for distribution to the Lender, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years year commencing with the fiscal year 2006beginning November 1, 2004, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and and, if requested by Agent, consolidating basis for such fiscal year (including an income statement and balance sheet for each month and a balance sheet as at the end of the last month in each fiscal quartermonth), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Loan and Security Agreement (Bio Reference Laboratories Inc)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s Borrowing Agent's fiscal years commencing with fiscal year 2006years, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower Borrowing Agent to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Vista Information Solutions Inc)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than ten (10) days prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062010, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)
Projected Operating Budget. Furnish Agent, no later than one (1) day prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062007, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers Holdings on a consolidated and consolidating basis Consolidated Basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Horizon Offshore Inc)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s fiscal years commencing with fiscal year 20062007, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Kitty Hawk Inc)
Projected Operating Budget. Furnish AgentAgent and Lenders, prior to no later than seventy-five (75) days after the beginning of each Borrower’s 's fiscal years year commencing with fiscal year 20062020, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial a Responsible Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each Borrower’s 's fiscal years commencing with fiscal year 20062004, a month by month projected operating budget (including an income statement, balance sheet and cash flow statement) of Borrowers on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared...
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Lesco Inc/Oh)