Variance Analysis. (a) Within sixty (60) days of the end of each of the first three fiscal quarters of each fiscal year of the Borrower, a quarterly variance analysis comparing actual quarterly results versus the most recently projected quarterly results for the fiscal quarter most recently ended (including consolidated income statements of the Borrower and its Subsidiaries, an analysis of revenues, closings and operating profits of the Borrower and each Subsidiary on a state by state basis, and such other items as are requested by any of the Banks), together with a written explanation of material variances.
Variance Analysis. Provide the following variance analysis for each Line of Business. For any variances greater than five percent (5%) annually, Contractor shall provide sufficient rationale to support variance:
Variance Analysis. Compare current quarter financials to proforma/budget with variance explanations Quarterly
Variance Analysis. Provide the following variance analysis for each Customer Type. For any variances greater than five (5) percent annually, Contractor shall provide sufficient rationale to support variance:
Variance Analysis. Within four (4) Business Days after the end of each week, a variance analysis (the "Variance Analysis") reflecting a detailed comparison between actual cash flows for the TP&S Group through the end of the previous week on a consolidated and consolidating basis and those projected for such period in the Initial TP&S Budget, the Second 45-Day Budget or TP&S Budget, as the case may be, for such period, in each case in form reasonably acceptable to the Administrative Agent, together with a certificate from a Responsible Officer of the Borrower explaining any variances between the actual results from operations and the amounts set forth in the corresponding budget.
Variance Analysis. Within four (4) Business Days after the end of each week, a variance analysis (the "Variance Analysis") reflecting a detailed comparison between actual cash flows for the Transit Group through the end of the previous week on a consolidated and consolidating basis and those projected for such period in the Initial Transit Budget, the Second Transit Budget or the Transit Budget, as the case may be, for such period, in each case in form reasonably acceptable to the Administrative Agent, together with a certificate from a Responsible Officer of the Borrower explaining any variances between the actual results from operations and the amounts set forth in the corresponding budget.
Variance Analysis. By not later than the last Business Day of each week, provide a variance analysis for the 13-week cash flow report for the prior week, which shall certified by a Responsible Officer of the the Borrower as being true, accurate and correct in all material respects; and
