Common use of Projections and Assumptions Clause in Contracts

Projections and Assumptions. The financial projections contained in the Business Plan have been prepared based on good faith estimates and assumptions believed by the Original Borrower to be reasonable and attainable at the time made, it being recognised by Finance Parties that such projections as to future events are not to be viewed as facts and are subject to significant uncertainties and contingencies many of which are beyond the control of the Obligors and that actual results during the period or periods covered by any such projections may differ from the projected results.

Appears in 2 contracts

Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)

AutoNDA by SimpleDocs

Projections and Assumptions. The financial projections contained in the Business Plan have been prepared based on good faith estimates and assumptions believed by the Original Borrower to be reasonable and attainable at the time made, it being recognised by Finance Parties that such projections as to future events are not to be viewed as facts and are subject to significant uncertainties and contingencies many of which are beyond the control of the Obligors and that actual results during the period or periods covered by any such projections may differ from the projected results.

Appears in 2 contracts

Samples: Agreement (Validus Holdings LTD), Validus Holdings LTD

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.