Revised Business Plan definition
Examples of Revised Business Plan in a sentence
At December 31, 2009, the Revised Business Plan 2009-2013 prepared by the WIND Hellas’ Directors confirms the financial and economic balance and the growth of profitability in the mid-term, with the consequent recovery of assets recorded in the December 31, 2009 financial statements of Wind Hellas Group.
Any further Capital Contributions to be made by Grab and Singtel to the Company shall then be made in accordance with the revised capital contribution schedule set forth in the Revised Business Plan (“Revised Capital Contribution Schedule”).
Any variation to the Revised Business Plan (or to the Budget contained therein) (the “Revised Business Plan Variation and/or Budget Variation”) shall require approval as a Shareholders’ Reserved Matter, and otherwise the Revised Business Plan (including the Budget contained therein) shall continue to apply.
This Section 3.5 shall apply regardless of whether the Company meets or fails to meet the KPIs for the preceding financial year of the Company set forth in the Revised Business Plan with respect to such preceding financial year.
If Grab and Singtel are unable to agree on a Revised Business Plan Variation and/or Budget Variation, the Revised Business Plan (including the revised Budget contained therein) shall continue to apply.
If a Revised Business Plan Variation and/or Budget Variation is so approved, any further Capital Contributions to be made by Grab and Singtel to the Company shall be made in accordance with the further revised capital contribution schedule set forth in the Revised Business Plan Variation and/or Budget Variation (“Further Revised Capital Contribution Schedule”).
Each of the undersigned Lenders hereby expressly consents to the form and substance of the Revised Business Plan delivered pursuant to Section 5.16, acknowledges that the Revised Business Plan is satisfactory to it and agrees that delivery of the Revised Business Plan satisfies the requirements of Section 5.16.
Within thirty (30) days after its receipt of each proposed Annual Revised Project Budget, Annual Revised Business Plan, Annual Revised Operating Budget, or Material Plan or Budget Change, as applicable, the Partners will have the right to either approve or disapprove such proposed Annual Revised Project Budget, Annual Revised Business Plan, Annual Revised Operating Budget, or Material Plan or Budget Change.
Once the proposed Annual Revised Project Budget, Annual Revised Business Plan, Annual Revised Operating Budget, or Material Plan or Budget Change is approved by the Partners, such Annual Revised Project Budget, Annual Revised Business Plan, Annual Revised Operating Budget or revised Project Budget, Business Plan, or Operating Budget supersedes and replaces any previously adopted Project Budget, Business Plan, or Operating Budget, as applicable.
The forecasts and projections contained in the Revised Business Plan are reasonable and are believed by the Executives to be attainable.