Common use of Variances From Operating Budget Clause in Contracts

Variances From Operating Budget. During an Event of Default under Section 10.5, at Agent’s request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 and 9.9, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

Appears in 8 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

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Variances From Operating Budget. During an Event of Default under Section 10.5, at At Agent’s request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 9.7, and 9.99.8, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

Appears in 6 contracts

Samples: Guaranty and Security Agreement (Dril-Quip Inc), Guaranty and Security Agreement (Dril-Quip Inc), Security Agreement (Dril-Quip Inc)

Variances From Operating Budget. During an Event of Default under Section 10.5, at At Agent’s request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 9.7, and 9.99.8, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.. [Innovex] 2nd A&R Credit Agreement 131

Appears in 2 contracts

Samples: Security Agreement (Dril-Quip Inc), Security Agreement (Innovex Downhole Solutions, Inc.)

Variances From Operating Budget. During an Event of Default under Section 10.5, at Agent’s request, furnish Furnish to Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 9.7, 9.8 and 9.9, a written report summarizing all material variances from budgets submitted by Borrowers the Loan Parties pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Security Agreement (Viant Technology Inc.)

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Variances From Operating Budget. During an Event of Default under Section 10.5, at At Agent’s request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 and 9.99.8, a written report summarizing all material variances from budgets submitted by Borrowers the Credit Parties pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

Appears in 2 contracts

Samples: Guaranty Agreement (Drilling Tools International Corp), Guaranty Agreement (ROC Energy Acquisition Corp.)

Variances From Operating Budget. During an Event of Default under Section 10.5, at At Agent’s 's request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 and 9.9, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

Appears in 1 contract

Samples: Security Agreement (Mammoth Energy Services, Inc.)

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