Reports and Budgets. Manager shall prepare and distribute, or cause to be prepared and distributed, all financial or other reports, budgets (including the Budget), estimates, tax returns and other information required to be prepared and distributed by Owners pursuant to the Financing Documents.

Reports and Budgets. (a) With respect to each calendar year, the Managing Member shall prepare and deliver to each Member: (i) Within 120 Days after the end of such calendar year, a profit and loss statement and a statement of cash flows for such year, a balance sheet and a statement of each Member's Capital Account as of the end of such year, together with a report thereon of the Certified Public Accountants; and (ii) Such federal, state and local income tax returns and such other accounting, tax information and schedules as shall be necessary for the preparation by each Member on or before June 15 following the end of each calendar year of its income tax return with respect to such year. (b) Within 45 Days after the end of each calendar quarter, the Managing Member shall cause to be prepared and delivered to each Member, with an appropriate certificate of the Person authorized to prepare the same: (i) A profit and loss statement and a statement of cash flows for such quarter (including sufficient information to permit the Members to calculate their tax accruals), for the portion of the calendar year then ended and for the 12-month period then ended; (ii) A balance sheet and a statement of each Member's Capital Account as of the end of such quarter and the portion of the calendar year then ended; and (iii) A statement comparing the actual financial status and results of the Company as of the end of or for such quarter and the portion of the calendar year then ended with the budgeted or forecasted status and results as of the end of or for such respective periods. (c) The Managing Member shall also cause to be prepared and delivered to each Member an annual operating budget and capital expenses budget, which budgets shall be delivered on or before December 1 of the previous calendar year.

Reports and Budgets. Any Project Reports or Operating Budgets or other information or certifications which are required to have been provided at the time of such Disbursement under the provisions of the Finance Documents have been provided to the relevant Persons.

Reports and Budgets. 26 8.03 BANK ACCOUNTS......................................................27 ARTICLE 9 BUYOUT OPTION

Reports and Budgets. (a) Notwithstanding anything to the contrary in the Plan, not later than ten (10) business days after the end of each month, the Plan Administrator shall deliver a monthly (b) The Plan Administrator shall deliver (i) a quarterly report (a “Quarterly Report”) to members of the Post-Consummation Trust Committee, not later than 15 days prior to each Quarterly Distribution Date, except for the final quarter of any fiscal year, (ii) an annual report (an “Annual Report”) to members of the Post-Consummation Trust Committee, not later than 15 days prior to the Quarterly Distribution Date for the final quarter of any fiscal year, and

Reports and Budgets. Manager agrees (i) to review and make itself available to Owner to discuss or analyze Monthly Statements of operations provided by the Property Manager, (ii) to prepare and/or oversee preparation and updates for Owner of the Business Plan (which shall be comprised of the Argus financial models for the Projects), and Development Budget, and to oversee preparation and updates for Owner of any Operating Budget and any Capital Budget, and proposed amendments thereto, in accordance with Article V, and (iii) propose and recommend changes to the Business Plan or any Budget, property leasing and redevelopment strategies, sales positioning of the Property and other strategic plans concerning the Property from time to time as appropriate. Manager shall submit to Owner periodically, in a timely manner, any original invoices and other evidence of and support for amounts due and payable on account of the Property in its possession, along with Manager’s written authorization for payment.

Related to Reports and Budgets

Budgets Borrower shall have delivered, and Lender shall have approved, the Annual Budget for the current Fiscal Year.
Business Plan and Budget To the extent requested by any Initial Lender, as soon as available, but in any event within thirty (30) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form satisfactory to such Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately following fiscal year. As to any information contained in materials filed with the SEC or furnished pursuant to Section 6.2(f), the Borrower shall not be separately required to furnish such information under Section 6.1(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.1(a) and (b) above at the times specified therein.
Annual Work Plans and Budgets The Recipient shall furnish to the Association as soon as available, but in any case not later than September 1 of each year, the annual work plan and budget for the Project for each subsequent year of Project implementation, of such scope and detail as the Association shall have reasonably requested, except for the annual work plan and budget for the Project for the first year of Project implementation, which shall be furnished no later than one (1) month after the Effective Date.
Development Reports Beginning six months after Effective Date and ending on the date of first commercial sale of a Licensed Product in the United States, LICENSEE shall report to Cornell progress covering LICENSEE's (and Affiliate's and Sublicensee's) activities and efforts in the development of rights granted to LICENSEE under this Agreement for the preceding six months. The report shall include, but not be limited to, activities and efforts to develop and test all Licensed Products and obtain governmental approvals necessary for marketing the same. Such semi-annual reports shall be due within sixty days (60) of the reporting period and shall use the form as provided herein as Appendix C.
Annual Budgets The School shall adopt a budget for each fiscal year, prior to the beginning of the fiscal year. The budget shall be in the Idaho Financial Accounting Reporting Management Systems (IFARMS) format and any other format as may be reasonably requested by the Authorizer.
Progress Reports The Recipient shall submit to the OPWC, at the OPWC's request, summary reports detailing the progress of the Project pursuant to this Agreement and any additional reports containing such information as the OPWC may reasonably require.
Progress Reports and Invoices The goals of this subtask are to: (1) periodically verify that satisfactory and continued progress is made towards achieving the project objectives of this Agreement; and (2) ensure that invoices contain all required information and are submitted in the appropriate format. • Submit a monthly Progress Report to the CAM. Each progress report must: o Summarize progress made on all Agreement activities as specified in the scope of work for the preceding month, including accomplishments, problems, milestones, products, schedule, fiscal status, and an assessment of the ability to complete the Agreement within the current budget and any anticipated cost overruns. See the Progress Report Format Attachment for the recommended specifications. • Submit a monthly or quarterly Invoice that follows the instructions in the “Payment of Funds” section of the terms and conditions, including a financial report on Match Fund and in-state expenditures. • Progress Reports • Invoices
Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.
Operating Budgets (i) The Borrower shall prepare, or cause to be prepared, for each fiscal year of the Borrower and each Wholly Owned Opco an operating and capital expense budget setting forth the anticipated revenues, and Operating Expenses (including expenses for Non-Covered Services) of each such Relevant Party for such fiscal year. The initial operating budget for 2015 is attached as Exhibit L hereto. For each succeeding fiscal year (commencing with 2016), the Borrower shall, not later than forty-five (45) days prior to the end of the current fiscal year (commencing in 2015), submit such Operating Budget to the Administrative Agent for its approval (acting on the instructions of the Required Lenders); provided that the approval of the Administrative Agent shall be deemed to be given if (A) the Operating Expenses set forth in the Operating Budget do not exceed the greater of (x) 20% in the aggregate over the amount budgeted for such Operating Expenses of the Borrower and the Wholly Owned Opcos in the then-current Base Case Model for the applicable year and (y) $125,000 and (B) such Operating Budget is otherwise consistent with the then-current Base Case Model for the applicable year. (ii) The Borrower shall, and shall cause each Holdco to, deliver to the Administrative Agent (i) each Operating Budget submitted to the Tax Equity Members in respect of a Tax Equity Opco, at the same time as delivered to such Tax Equity Member but in no event later than as required under the applicable Limited Liability Company Agreement and (ii) when available, any amendments to such Operating Budget, together with all notices or correspondence regarding the approval of such Operating Budget (if applicable) by the Tax Equity Member; provided that the approval of the Administrative Agent (acting on the instructions of the Required Lenders) shall be required (such approval not to be unreasonably withheld or delayed but notwithstanding any permitted variances in any operating budgets approved by a Tax Equity Member) if (A) the aggregate Non-Covered Services included in such Operating Budgets collectively exceed the greater of (x) 20% in the aggregate over the amount budgeted for Operating Expenses in respect of the Tax Equity Opcos in the then-current Base Case Model for the applicable year and (y) $500,000 and (B) such Operating Budgets are otherwise consistent with the then-current Base Case Model for the applicable year.
Annual Projections As soon as practicable and in any event prior to the beginning of each Fiscal Year, Borrower shall deliver to Lender projected balance sheets, statements of income and cash flow for Borrower, for each of the twelve (12) months during such Fiscal Year, which shall include the assumptions used therein, together with appropriate supporting details as reasonably requested by Lender.

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