Initial Approved Budget definition

Initial Approved Budget means the Budget attached hereto as Exhibit B.
Initial Approved Budget shall have the meaning specified in Section 4.1(i).
Initial Approved Budget as defined in Section 3.1(t).

Examples of Initial Approved Budget in a sentence

  • The Debtors represent that the Initial Approved Budget is reasonable under the facts and circumstances.

  • The initial Approved Budget was attached to the Interim Order as Exhibit B, and a revised Initial Approved Budget is attached hereto as Exhibit B (as revised, the “Initial Approved Budget”).

  • The Debtors believe that the Initial Approved Budget is achievable and will allow the Debtors to operate in the Chapter 11 Cases and pay postpetition obligations as they come due.

  • The Initial Approved Budget is an integral part of this Final Order and has been relied upon by the DIP Secured Parties to provide the DIP Facility and consent to this Final Order and by the Existing RBL Secured Parties to permit the use of the Cash Collateral and consent to this Final Order.

  • The Debtor shall use Cash Collateral to fund the operation of its business in accordance with the budget (the “Initial Approved Budget”) setting forth on a line-item basis the Debtor’s anticipated cumulative cash receipts and expenditures on a weekly basis and all necessary and required cumulative expenses which the Debtor expects to incur during each week of the Initial Approved Budget.


More Definitions of Initial Approved Budget

Initial Approved Budget means the approved budget attached hereto as Schedule IV and any amendments thereto that are reasonably approved by Lender.
Initial Approved Budget shall have the meaning set forth in Section 8.1.
Initial Approved Budget means the “Initial Approved Budget” as defined in the Financing Orders.
Initial Approved Budget has the meaning given such term in the Interim DIP Order.
Initial Approved Budget shall have the meaning specified in Section 2.5.
Initial Approved Budget is defined in Section 5.1.9.
Initial Approved Budget means the Budget in form and substance acceptable to the Required Lenders in their sole discretion and delivered to the Required Lenders and Lender Advisors prior to the Petition Date.