Approved Projections definition

Approved Projections means those projections of the annual operational budget of the Parent Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements through the Term Loan B Maturity Date, delivered from time to time in accordance with the terms of this Agreement, all in form and substance, and with such supporting documentation and underlying assumptions, as reasonably acceptable to Lender and approved by Lender in writing.
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Approved Projections means the financial projections and forecast for the business of the Group in the agreed form prepared on a basis consistent with the Approved Accounting Principles;
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Approved Projections means Projections described in clause (ii) of the definition thereof that have been provided to Access in accordance with Section 9.e. of this Agreement and that Access has approved in its discretion.
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Examples of Approved Projections in a sentence

  • As of the last day of each calendar month, the variance, if negative, then expressed as a positive number, between Borrower’s EBITDA and the EBITDA set forth in the Approved Projections for the twelve (12) calendar month period ending on such date, shall not exceed $350,000.

  • Beginning with the fiscal quarter ending March 31, 2005, achieve a gross profit margin (as set forth on Strategic’s Financial Statements) at least equal to 85% of the Approved Projections of gross profit margin provided to Access for such fiscal quarter.

  • This in turn allowed all present to meet the four Parish Council representatives that had been elected to join the group.There was a discussion during this item in relation to the name of the group and the implications that this may have in relation to whether the group is open to the public or closed.It was agreed in principle that the meetings should be kept open to the public due to the nature of the Neighbourhood Plan.

  • Monthly Financial Statements Monthly within 30 days Yes No Compliance Certificate Audited Financial Statements Annually within 90 days after FYE Yes No Board Approved Projections Annually within 45 days after FYE Yes No Liquidity Ratio 0.90:1.00 Yes No The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) COMPLETE GENOMICS, INC.

  • The fringe rates for fiscal year 2023 (FY23) and later are as follows: Approved Projections for Planning Purposes FY23 FY24 FY25 FY26 FY27 Full-time (including GRAs) 30% 30.5% 31% 31.5% 32% Part-time Ineligible 4.3% 4.3% 4.3% 4.3% 4.3% Additional fringe benefit rate information can be found at UT Austin Payroll.

  • Approved Projections means the financial projections and cashflow forecast for the business of the Group for a Financial Year (including a profit and loss statement, balance sheet reconciliations and annual capital expenditure budget) prepared by the directors of the Borrower on a basis consistent with the Generally Accepted Accounting Principles in a form approved by the Lender.

  • Monthly Financial Statements Compliance Certificate Monthly within 30 days Yes No Audited Financial Statements Annually within 240 days after FYE Yes No Board Approved Projections Annually within 10 days after FYE Yes No The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) COMPLETE GENOMICS, INC.

  • Concurrently with consummation of the Intersound Acquisition, the Company will have all assets and contractual rights as are necessary to enable it to operate and generate the net revenue contemplated by the Approved Projections on terms consistent with the Approved Projections.

  • The average cost per household was DKK 2,100 across all municipalities that responded to the survey (~€282/hh)25.The average household occupancy rate in Denmark in 2013 was approximately 2.1 people per household according to Eurostat26, indicating that the overall cost for household waste collection and disposal amounts to approximately €134.29 per person.

  • If Employer achieves 100 percent of the Approved Projections, Employer shall pay to Employee, as additional compensation, an additional $50,000.


More Definitions of Approved Projections

Approved Projections means the financial projections for the Company attached hereto as Exhibit D.
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Approved Projections means, for any period in respect of any acquisition, Business Disposition, incurrence of Indebtedness under subsection 7.1(c) or dividend under subsection 7.5(d), projections for the Parent Group, after giving effect to such acquisition, Business Disposition or incurrence, for such period, in form and substance reasonably satisfactory to the Agent.
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Approved Projections shall have the meaning assigned to such term in Section 5.04(e).
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Approved Projections means for any period of time, the projections for such period that have been approved by Borrower's Board of Directors and delivered to Bank. Borrower shall deliver to Bank (i) a preliminary draft of the projections for the next fiscal year of Borrower by January 31 of each year and (ii) the updated projections approved by Borrower's Board of Directors for the next fiscal year not later than February 28 of each year.
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Approved Projections mean the financial projection delivered to Lender on or about August 28, 2017 by Borrower.
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Related to Approved Projections

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Annual Projections is defined in Section 6.2(a).

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Latest Projections means: (a) on the Closing Date and thereafter until the Agent receives new projections pursuant to Section 7.2(f), the projections of the Borrower’s financial condition, results of operations, and cash flows, for the period commencing on April 1, 2009 and ending on March 31, 2010 and delivered to the Agent prior to the Closing Date; and (b) thereafter, the projections most recently received by the Agent pursuant to Section 7.2(f).

  • Projections as defined in Section 6.2(c).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Approved Budget means an annual budget-

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Approved program or "approved state" means a state or interstate program that has been approved or authorized by EPA under 40 CFR Part 123 (2000).

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Project area budget means a multiyear projection of annual or cumulative

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Research Budget has the meaning set forth in Section 2.2.