Initial Budget definition

Initial Budget has the meaning set forth in Section 7.06(a).
Initial Budget has the meaning set forth in Section 4.4(a).
Initial Budget shall have the meaning set forth in Section 5.5.

Examples of Initial Budget in a sentence

  • The Initial Budget and each Proposed Approved Budget delivered thereafter are based on good faith estimates and assumptions and believed by management of each of the Borrower and its Subsidiaries to be reasonable and fair in light of current conditions known to the Borrower and its Subsidiaries at the time delivered.

  • The Administrative Agent and the Lenders shall have received the Initial Budget in form and substance satisfactory to the Administrative Agent at the direction of Required Lenders.

  • The Initial Budget shall be the Approved Budget of the Company until the adoption of a subsequent Approved Budget pursuant to this Section 3.7.


More Definitions of Initial Budget

Initial Budget means the initial 13-week consolidated weekly operating budget of Borrower and its consolidated Restricted Subsidiaries setting forth sources and uses of cash for the periods described therein prepared by the Borrower’s management, in consultation with the Debtor Financial Advisor, a copy of which is attached as Exhibit E, such budget in form and substance satisfactory to the Required Lenders in their sole discretion.
Initial Budget shall have the meaning assigned to such term in Section 3.22.
Initial Budget means the initial budget of the Group as attached as Schedule 7 (Initial Budget)
Initial Budget has the meaning specified therefor in the Second Amendment.
Initial Budget has the meaning assigned to such term in Section 6.16(a).
Initial Budget has the meaning set forth in the Limited Liability Company Agreement of Utica East Ohio Midstream LLC, a Delaware limited liability company, dated as of March 8, 2012 by and among M3 Ohio Gathering LLC, a Delaware limited liability company, Utica Gas Services, L.L.C., an Oklahoma limited liability company and CGAS Properties, L.P., a Delaware limited partnership.
Initial Budget is defined in Section 2 of Article XV.