Initial and Subsequent Business Plans Sample Clauses

Initial and Subsequent Business Plans. The initial Business Plan of the Company, setting forth the Company’s products, pricing, operating budget, capital expenditures, expense budgets, financing plans and other business activities of the Company through the [*], will be agreed upon and certified by the Board of Directors as soon as practicable after the Closing.
AutoNDA by SimpleDocs
Initial and Subsequent Business Plans. The initial Business Plan of the Company, consistent with the Phase I Minimum RUP Commitment and Xxxxxxx’s proposed schedule therefor and setting forth the Company’s products, pricing, operating budget, capital expenditures, expense budgets, financing plans and other business activities of the Company through the [***] will be agreed upon and certified by the Board of Executive Officers as soon as practicable after the Closing.
Initial and Subsequent Business Plans. The initial Business Plan for the Partnership commencing on the Closing Date and ending on December 31, 1992, is attached as Exhibit A. To the extent that any provision of the Business Plan deals with the same matter as any Operative Document, the provisions of such Operative Document shall control. A Business Plan relating to each succeeding Fiscal Year shall be prepared in compliance with paragraph (b) below under the direction of the President and submitted to the Governing Committee for approval not later than 60 days prior to the beginning of such Fiscal Year. When the Business Plan for a Fiscal Year is approved pursuant to Section 4.03(a), the Partnership, the Partners and the officers and employees of the Amended and Restated
Initial and Subsequent Business Plans. (i) The Initial Business Plan of the Partnership for the five year period commencing on January 1, 1995, shall be mutually agreed upon by the Partners in writing and delivered by them at the Closing. (ii) The Partners acknowledge that the Initial Business Plan and each successive updated Business Plan will represent their then current estimate of the proposed operations of the Partnership, and that the failure to meet any of the projections, goals or milestones in such Plan shall not, in and of itself, constitute a default by the Partnership or either Partner. (iii) An updated Business Plan covering the immediately succeeding 12-month period complying with Section 3.04(b) shall be prepared prior to the commencement of each fiscal quarter of the Partnership under the direction of the Chief Executive Officer and submitted to the Governing Board and the Partners for review and approval not later than [*] prior to the commencement of each fiscal quarter or [*] before the commencement of each fiscal year. (iv) When the proposed Business Plan for a 12-month period is approved by the Governing Board and the Partners, it shall constitute the Business Plan and the Partnership and its officers and employees shall implement such Business Plan, which shall be the basis of the Partnership's operations for such 12-month period, except to the extent such Business Plan is superseded by a subsequently adopted 12-month Business Plan. (v) The Partnership shall not adopt or be governed by any overall business plan or budget other than a Business Plan approved by the Governing Board and the Partners and meeting the requirements of Section 3.04(b). (b)
Initial and Subsequent Business Plans. The Initial Business Plan of the Company setting forth the Company's Products, pricing, operating budget, capital expenditures, expense budgets, financing plans and other business activities for the initial three (3) years of operation of the Company will be agreed upon and certified by the Members and DSC on or prior to Closing.

Related to Initial and Subsequent Business Plans

  • Business Plans The Approved Full-Term Operating Business -------------- Plan and Approved Annual Operating Business Plan, if any, have been prepared in all material respects in accordance with GAAP (except for the treatment of Indebtedness owing to the FCC, which has been reflected in such plans at historical cost).

  • Annual Business Plan The term “

  • Assumed Business Names Borrower has filed or recorded all documents or filings required by law relating to all assumed business names used by Borrower. Excluding the name of Borrower, the following is a complete list of all assumed business names under which Borrower does business: None.

  • Budgets and Leasing Plans On or before November 15 of each calendar year, the Manager shall prepare and submit to the Owner for its approval an operating budget (a “Budget”) and a marketing and leasing plan (a “Plan”) on the Properties for the calendar year immediately following such submission. Each Budget and Plan shall be in the form approved by the Owner prior to the date thereof. As often as reasonably necessary during the period covered by any Budget or Plan, the Manager may submit to the Owner for its approval an updated Budget or Plan incorporating such changes as shall be necessary to reflect cost overruns and the like during such period. If the Owner does not disapprove a Budget or Plan within thirty (30) days after receipt thereof by the Owner, such Budget or Plan shall be deemed approved. If the Owner shall disapprove any Budget or Plan, it shall so notify the Manager within said thirty (30) day period and explain the reasons therefor. The Manager will not incur any costs other than those estimated in an approved Budget except for:

  • Marketing Plans Contractor and the Exchange recognize that Enrollees and other health care consumers benefit from efforts relating to outreach activities designed to increase heath awareness and encourage enrollment. The parties shall share marketing plans on an annual basis and with respect to periodic updates of material changes. The marketing plans of the Exchange and Contractor shall include proposed and actual marketing approaches, messaging and channels and provide samples of any planned marketing materials and related collateral as well as planned, and when completed, expenses for the marketing budget. The Contractor shall include this information for both the Exchange and the outside individual market. The Exchange shall treat all marketing information provided under this Section as confidential information consistent with Section 1.4.1. The obligation of the Exchange to maintain confidentiality of this information shall survive termination or expiration of this Agreement.

  • Work Plans Tenant shall prepare and submit to Landlord for approval schematics covering the Tenant Improvements prepared in conformity with the applicable provisions of this Work Letter (the “Draft Schematic Plans”). The Draft Schematic Plans shall contain sufficient information and detail to accurately describe the proposed design to Landlord and such other information as Landlord may reasonably request. Landlord shall notify Tenant in writing within ten (10) business days after receipt of the Draft Schematic Plans whether Landlord approves or objects to the Draft Schematic Plans and of the manner, if any, in which the Draft Schematic Plans are unacceptable. Landlord’s failure to respond within such ten (10) business day period shall be deemed approval by Landlord. If Landlord reasonably objects to the Draft Schematic Plans, then Tenant shall revise the Draft Schematic Plans and cause Landlord’s objections to be remedied in the revised Draft Schematic Plans. Tenant shall then resubmit the revised Draft Schematic Plans to Landlord for approval, such approval not to be unreasonably withheld, conditioned or delayed. Landlord’s approval of or objection to revised Draft Schematic Plans and Tenant’s correction of the same shall be in accordance with this Section until Landlord has approved the Draft Schematic Plans in writing or been deemed to have approved them. The iteration of the Draft Schematic Plans that is approved or deemed approved by Landlord without objection shall be referred to herein as the “Approved Schematic Plans.”

Time is Money Join Law Insider Premium to draft better contracts faster.