Week Cash Flow Forecasts. Until the Pekin Lenders and the ICP Lenders have received the Paydown Amount in full, by no later than 9:00 p.m. Mountain time on the third Business Day of each week, a rolling 13-week cash flow forecast prepared by the Company covering the 13-week period commencing with the immediately preceding week and detailing (i) projected cash receipts, (ii) projected disbursements, (iii) net cash flow, and (iv) such other items set forth therein and other information reasonably requested by Agent for such 13-week period, together with a comparison to the immediately preceding forecast and accompanied by a management narrative explaining results of operations and variances to the immediately preceding forecast and a reconciliation to cash balances held in the Company’s accounts (all in form and substance reasonably acceptable to Agent).
Week Cash Flow Forecasts. As soon as available, but no later than (i) prior to the occurrence of the Successful Funding Event, within three (3) Business Days after the end of each calendar week, and (ii) on and after the occurrence of the Successful Funding Event, within three (3) Business Days after the last day of each month, a rolling 13-week cash flow forecast, covering the Loan Parties and each of their Subsidiaries’ cashflow and operations for the ensuing 13-week period (measured as of the date of delivery of such 13-Week Cash Flow Forecast), in form and substance satisfactory to Administrative Agent (the “13-Week Cash Flow Forecast”). In addition to the foregoing (and in addition to the requirements of Section 6.2(l) hereof), the Loan Parties shall deliver, together with each 13-Week Cash Flow Forecast as required hereunder, or at any time within three (3) days of Administrative Agent’s request, a listing of each Loan Party’s bank accounts, with cash balances, for each Deposit Account or Securities Account of a Loan Party or any of its Subsidiaries (in form and substance satisfactory to Administrative Agent), which is current through the date immediately prior to the date of delivery of such bank account listing.”
Week Cash Flow Forecasts. The Borrower shall provide a 13 week cash flow forecast in the form approved by the Lender for the week just ended and the next 12 weeks on Friday of each and every week on a rolling basis showing actual receipts and expenditures as compared to the budgeted amounts in such form and content acceptable to Lender.
(xi) A new Section 9.18 is hereby added as follows:
Week Cash Flow Forecasts. From and after the Fourth Amendment Date and continuing at all times thereafter, within three (3) Business Days after each Friday, a rolling 13-week cash flow forecast prepared by the Company covering the 13-week period commencing with the immediately preceding week and detailing (i) projected cash receipts, (ii) projected disbursements, (iii) net cash flow, and (iv) such other items set forth therein and other information reasonably requested by Agent for such 13-week period, together with a comparison to the immediately preceding forecast and accompanied by a management narrative explaining results of operations and variances to the immediately preceding forecast and a reconciliation to cash balances held in the Company’s accounts (all in form and substance reasonably acceptable to Agent).
Week Cash Flow Forecasts. The Parent shall timely deliver to the Lenders and the Administrative Agent, on a bi-weekly basis, rolling updated 13-week cash flow forecasts for the Parent and its Subsidiaries (such forecasts to be in the same format as the 13-week cash flow forecasts delivered prior to the date hereof).
Week Cash Flow Forecasts. Each 13-Week Cash Flow Forecast has been prepared in good faith based upon assumptions and projections believed by the Borrower to have been reasonable as of the time such 13-Week Cash Flow Forecast was prepared.
