Borrower Business Plan definition

Borrower Business Plan. Unless and until the Borrower shall have delivered to the Lenders a revised or updated business plan in accordance with Sections 8.1(b)(2) or (5), means the six-year consolidated Business Plan of the Borrower dated as of December 15, 2002, and not including any subsequent amendments, supplements or replacements thereof.
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Borrower Business Plan means the annual business plan described in ---------------------- Section 5.1(e) hereof.
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Borrower Business Plan means the 10-year consolidated Business Plan of the Borrower dated August 31, 1999 and not including any amendments, supplements or replacements thereof (except as contemplated by Section 6.2(l)).
Sample 1

Examples of Borrower Business Plan in a sentence

  • No Licenses other than those listed in Schedule 7.15 are required in order for the Borrower and its Subsidiaries to install, exploit and operate the Network and to engage in the Telecommunications Business as it is currently conducted by them, and as contemplated by the Borrower Business Plan.

  • All Governmental Approvals that are required by the Borrower, its Subsidiaries or IMPSAT in connection with the business, operations and activities of the Borrower and its Subsidiaries as now conducted or as contemplated by the Borrower Business Plan have been obtained.

  • The Strategic Alternative Review shall include a comprehensive review that shall set forth specific strategic alternatives to those set forth in the Borrower Business Plan that will result in a significant reduction in the amount of Indebtedness outstanding by the Companies by the end of Borrower's fiscal year ending on or about August 31, 2002.

  • All Governmental Approvals (other than the Applicable Permits) that are required by the Borrower or any other party to the Financing Documents in connection with the business, operations and activities of the Borrower and its Subsidiaries as now conducted or as contemplated by the Borrower Business Plan have been obtained.

  • On or before August 6, 2001, Borrower shall enter into an amendment to this Agreement (the "Financial Covenant Amendment") with Agent and the Banks which Financial Covenant Amendment shall provide for such financial covenants as Agent and the Banks deem necessary or appropriate based upon the Borrower Business Plan and then current financial conditions of the Companies, which Financial Covenant Amendment shall be in form and substance satisfactory to Agent and the Banks.

  • On or before June 29, 2001, Agent, the Noteholders and the Banks shall have received the Borrower Business Plan.

  • On the Level III Availability Date, Borrower shall enter into an amendment to this Agreement (the "Financial Covenant Amendment") with Agent and the Banks which Financial Covenant Amendment shall provide for such financial covenants as Agent and the Banks deem necessary or appropriate based upon the Borrower Business Plan and then current financial conditions of the Companies, which Financial Covenant Amendment shall be in form and substance satisfactory to Agent and the Banks.

  • On or before July 10, 2001, the Turnaround Management Firm, shall have delivered to Agent, the Noteholders and the Banks a review and assessment of the reasonableness of the Borrower Business Plan, with the results of such review and assessment to be satisfactory to Agent and the Required Banks.


More Definitions of Borrower Business Plan

Borrower Business Plan means a comprehensive business plan for the Companies, including month-by-month balance sheets, income statements and cash flows, and appropriate explanatory narrative, for the fiscal year ending in August of 2002, in form and detail satisfactory to Agent and the Required Banks.
Sample 1

Related to Borrower Business Plan

  • Business Plan means the information required to be supplied to the

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • 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.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • business acquisition report means a completed Form 51-102F4 Business Acquisition Report;

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

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

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

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

  • Financial Proposal means the Contractor’s Financial Proposal dated (Financial Proposal date).

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

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

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Budgets has the meaning set forth in Section 2.12(b).

  • Consolidated Total Borrowings means in relation to the Group, an amount (expressed in Singapore dollars) for the time being, calculated on a consolidated basis, in accordance with generally accepted accounting principles in Singapore, equal to the aggregate of:

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • MINORITY BUSINESS ENTERPRISE (MBE means an individual, partnership, corporation or joint venture of any kind that is owned and controlled by U. S. Citizens and residents of Ohio, who are and have held themselves out as members of the following socially and economically disadvantaged groups: Blacks, American Indians, Hispanics and Asians. Only businesses certified by the State of Ohio Equal Opportunity Division in accordance with Section 123.151 of the Ohio Revised Code shall be recognized as being MBE certified within the purpose of this invitation.