Formation Plan definition
Examples of Formation Plan in a sentence
Conexant and Intellon shall use commercially reasonable efforts to coordinate respective activities in the implementation of the Alliance Formation Plan to promote the formation of the HomePLNA and the ratification of the Proposal by the Ratification Body.
Simultaneously with the delivery of the Capital Formation Plan, the Borrowers shall deliver to the Lenders a pro forma balance sheet, income projection and pro forma covenant compliance certificates in form and detail satisfactory to the Requisite Lenders reflecting the projected impact of successful completion of the Capital Formation Plan for each applicable fiscal quarter.
The Capital Formation Plan shall demonstrate that $30,000,000 in capital will be raised by January 31, 2002.
Not later than the close of business on September 1, 2001, the Borrowers shall deliver to the Lenders a written plan describing the amount of capital to be raised by the Borrowers, the Guarantor and their Affiliates and describing the methods by which such capital shall be raised from real estate assets and equity sources (the "Capital Formation Plan").
The Capital Formation Plan shall be in a form and with sufficient detail to allow the Lenders to analyze and evaluate Borrower's capital formation plans.
Without limiting the generality of the foregoing, the Capital Formation Plan shall include detailed descriptions of the actions planned and the dates by which such actions shall be taken.
The Borrowers, the Guarantor and their Affiliates shall consummate the Capital Formation Plan to the extent necessary to raise $30,000,000 by January 31, 2002.
Formation Plan the plan prepared by the Chair for the formation of the Defence CRC in accordance with the Guidelines and approved by the Minister.