Annual Forecast. Within sixty (60) days following the end of each Fiscal Year of Borrower, an annual forecast for the forthcoming fiscal year, which shall include, without limitation, (i) a projected consolidated balance sheet and statements of income, retained earnings and cash flows of Borrower, and (ii) a projected balance sheet and statements of income, retained earnings and cash flows of the Subsidiary Entities, each accompanied by a written explanation of material changes to or variances from prior projections.
Appears in 2 contracts
Sources: Credit Agreement (Best Universal Lock Co), Credit Agreement (Best Lock Corp)