Parent Forecasts shall have the meaning as set forth in Section 3.28.
Parent Forecasts is defined in Section 8.9.2.
Forecasts means the quantity of Items or Services that Buyer reasonably anticipates it may purchase during a specified time.
Forecast means the hourly forecast of (a) the total electric energy production of the Generating Facility (in MWh) when the Generating Facility is not PIRP-eligible or Buyer is not Scheduling Coordinator net of the Site Host Load and Station Use, or (b) the available total generation capacity of the Generating Facility (in MW) when the Generating Facility is PIRP-eligible and Buyer is Scheduling Coordinator net of the Site Host Load and Station Use.
Projections as defined in Section 6.2(c).
Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;
Budgets has the meaning set forth in Section 2.12(b).
Cash Flow Forecast means a 13-week cash flow forecast for the then applicable period, which shall include, among other things, anticipated cash collections and receipts and anticipated disbursements for each calendar week covered thereby.
Financial Projections has the meaning provided in Section 5.07(b).
Annual Projections is defined in Section 6.2(a).
Parent Financial Statements has the meaning set forth in Section 4.6(a).
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.
Business Plan means the information required to be supplied to the
Rolling Forecast has the meaning set forth in Section 4.2.
Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.
Current Fiscal Year means the fiscal year for which a particular calculation is made.
Year-End Financial Statements has the meaning set forth in Section 3.06.
Projecting sign ’ means a sign which is affixed to a wall of a building and which at some point projects more than 250 mm in front of the surface of such wall;
reasonable forecast means a forecast prepared by the Borrower not earlier than twelve months prior to the incurrence of the debt in question, which both the Bank and the Borrower accept as reasonable and as to which the Bank has notified the Borrower of its acceptability, provided that no event has occurred since such notification which has, or may reasonably be expected in the future to have, a material adverse effect on the financial condition or future operating results of the Borrower.
Audited financial report means and includes those items specified in Section 5 of this regulation.
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.
Target Financial Statements has the meaning set forth in Section 3.4.
Business Week means five consecutive Business Days, excluding Public Holidays as defined in the Public Holidays Act;
Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:
Monthly Financial Statements is defined in Section 6.2(c).
Financial Statement Date means December 31, 1999.
Applicable Financial Statements means, as at any date, the most-recent audited financial statements of the Borrower delivered to the Lenders; provided that if immediately prior to the delivery to the Lenders of new audited financial statements of the Borrower a Material Adverse Change (the “Pre-existing MAC”) shall exist (regardless of when it occurred), then the “Applicable Financial Statements” as at said date means the Applicable Financial Statements in effect immediately prior to such delivery until such time as the Pre-existing MAC shall no longer exist.
Current Financial Statements has the meaning given to such term in Section 5.9.