Annual Projections definition

Annual Projections is defined in Section 6.2(a).

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Annual Projections is defined in Section 6.2(a). “Anti‑Terrorism Laws” are any laws relating to terrorism or money laundering, including Executive Order No. 13224 (effective September 24, 2001), the USA PATRIOT Act, the laws comprising or implementing the Bank Secrecy Act, and the laws administered by OFAC.

Annual Projections has the meaning specified in Section 6.01(c).

Examples of Annual Projections in a sentence

• Without limiting the foregoing, Borrower may not make Transfers in addition to those specifically enumerated above, unless and only to the extent the same are accounted for in the Annual Projections.

• Without limiting the foregoing, Borrower may not make Transfers in addition to those specifically enumerated above, unless and only to the extent the same are specifically reflected in the Annual Projections.

• Borrower’s consolidated revenues, tested quarterly on a trailing twelve (12) month basis, shall be at least eighty percent (80%) of projected quarterly revenues, as set forth on Annex I attached hereto; which Annex shall be updated, beginning in 2019, annually based upon the Annual Projections delivered by Borrower to Lenders in accordance with Section 6.2(a)(iii) hereof.

• There has not been any material deterioration in the consolidated financial condition of Borrower and its Subsidiaries since the date of the most recent financial statements submitted to any Lender, except as contemplated by the Annual Projections.

• In addition, the Annual Projections shall set forth the level of Loans UNI anticipates could be designated as subprime originations, as well as any Loans that may qualify as prime or near prime originations, but that have subprime credit characteristics.

More Definitions of Annual Projections

Annual Projections is defined in Section 3.1(l).

Annual Projections is defined in Section 3.1(1).

Annual Projections. Not in limitation of the foregoing or of the right of LENDER to request other information, BORROWER shall, so long as any of the Liabilities remains outstanding (unless LENDER otherwise consents in writing), deliver to LENDER as soon as available and in any event prior to the end of each of its fiscal years, consolidated projections for BORROWER and GUARANTOR for the immediately upcoming fiscal year, prepared on an annual basis, and including balance sheet, profit and loss and cash flow and in form acceptable to LENDER.

Annual Projections is defined in Section 7.1.1(d) hereof.

Annual Projections. As soon as available and not more than one hundred twenty (120) days after the end of each fiscal year, Borrowers’ financial and business projections and budget for the next fiscal year ending December 31, including the business plan and quarterly projected balance sheets and income statements.

Annual Projections in relation to the Group means:

Annual Projections is defined in Section 6.2(a). “Anti-Terrorism Laws” are any laws relating to terrorism or money laundering, including Executive Order No. 13224 (effective September 24, 2001), the USA PATRIOT Act, the laws comprising or implementing the Bank Secrecy Act, and the laws administered by OFAC. “Approved Fund” is any (i) investment company, fund, trust, securitization vehicle or conduit that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business or (ii) any Person (other than a natural person) which temporarily warehouses loans for any Lender or any entity described in the preceding clause (i) and that, with respect to each of the preceding clauses (i) and (ii), is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) a Person (other than a natural person) or an Affiliate of a Person (other than a natural person) that administers or manages a Lender.