{"component": "clause", "props": {"groups": [{"samples": [{"hash": "5fSeGUwbBf6", "uri": "/contracts/5fSeGUwbBf6#annual-forecasts", "label": "Credit Agreement (Kansas City Southern)", "score": 30.1882266998, "published": true}, {"hash": "eECUyainJtt", "uri": "/contracts/eECUyainJtt#annual-forecasts", "label": "Credit Agreement (Kansas City Southern)", "score": 26.9520874023, "published": true}], "size": 34, "snippet": "As soon as available and in any event no later than 90 days after the end of each Fiscal Year, forecasts prepared by management of the Borrower and its Restricted Subsidiaries, in form reasonably satisfactory to the Administrative Agent, of balance sheets, income statements and cash flow statements on a quarterly basis for the Fiscal Year following such Fiscal Year.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [55, 65]}, {"key": "fiscal-year", "type": "clause", "offset": [82, 93]}, {"key": "prepared-by", "type": "definition", "offset": [105, 116]}, {"key": "management-of-the-borrower", "type": "clause", "offset": [117, 143]}, {"key": "restricted-subsidiaries", "type": "definition", "offset": [152, 175]}, {"key": "the-administrative-agent", "type": "definition", "offset": [212, 236]}, {"key": "balance-sheets", "type": "clause", "offset": [241, 255]}, {"key": "income-statements", "type": "clause", "offset": [257, 274]}, {"key": "cash-flow-statements", "type": "definition", "offset": [279, 299]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [300, 320]}], "hash": "ac1d5ccf57a18716c1e1ca49dcb12794", "id": 2}, {"samples": [{"hash": "hTI3Jye7fHV", "uri": "/contracts/hTI3Jye7fHV#annual-forecasts", "label": "Asset Based Loan Credit Agreement (Express Parent LLC)", "score": 21.2272415161, "published": true}, {"hash": "bIwimzsRZkZ", "uri": "/contracts/bIwimzsRZkZ#annual-forecasts", "label": "Term Loan Credit Agreement (Express Parent LLC)", "score": 21.2272415161, "published": true}, {"hash": "8dYK9pellT2", "uri": "/contracts/8dYK9pellT2#annual-forecasts", "label": "Term Loan Credit Agreement (Express Parent LLC)", "score": 21.1259403229, "published": true}], "size": 23, "snippet": "No later than 45 days after the end of each Fiscal Year, forecasts prepared by management of the Parent, in form reasonably satisfactory to the Administrative Agent, of balance sheets, income statements and cash flow statements on a quarterly basis for the Fiscal Year following such Fiscal Year.", "snippet_links": [{"key": "days-after", "type": "definition", "offset": [17, 27]}, {"key": "fiscal-year", "type": "clause", "offset": [44, 55]}, {"key": "prepared-by", "type": "definition", "offset": [67, 78]}, {"key": "the-parent", "type": "definition", "offset": [93, 103]}, {"key": "the-administrative-agent", "type": "definition", "offset": [140, 164]}, {"key": "balance-sheets", "type": "clause", "offset": [169, 183]}, {"key": "income-statements", "type": "clause", "offset": [185, 202]}, {"key": "cash-flow-statements", "type": "definition", "offset": [207, 227]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [228, 248]}], "hash": "508e5f9b4cf1e7419bafaf3dba27666c", "id": 3}, {"samples": [{"hash": "kWGoFwwfiqb", "uri": "/contracts/kWGoFwwfiqb#annual-forecasts", "label": "Loan Agreement (Medcath Corp)", "score": 18.0, "published": true}, {"hash": "hPQhbmZoYmq", "uri": "/contracts/hPQhbmZoYmq#annual-forecasts", "label": "Loan Agreement (Medcath Corp)", "score": 18.0, "published": true}, {"hash": "cheZEI7T1VH", "uri": "/contracts/cheZEI7T1VH#annual-forecasts", "label": "Loan Agreement (Medcath Corp)", "score": 18.0, "published": true}], "size": 76, "snippet": "As soon as practicable and in any event no later than thirty (30) days after the beginning of each Fiscal Year, an annual forecast prepared by management of the Borrower, in reasonable detail and in the form customarily prepared by management of the Borrower for its internal use and setting forth an explanation for the principal assumptions on which such forecasts were based, of balance sheets, income statements and cash flow statements on a quarterly basis for each Fiscal Year thereafter until the Maturity Date.", "snippet_links": [{"key": "as-soon-as-practicable", "type": "definition", "offset": [0, 22]}, {"key": "days-after", "type": "definition", "offset": [66, 76]}, {"key": "beginning-of", "type": "clause", "offset": [81, 93]}, {"key": "fiscal-year", "type": "clause", "offset": [99, 110]}, {"key": "annual-forecast", "type": "definition", "offset": [115, 130]}, {"key": "prepared-by", "type": "definition", "offset": [131, 142]}, {"key": "management-of-the-borrower", "type": "clause", "offset": [143, 169]}, {"key": "internal-use", "type": "definition", "offset": [267, 279]}, {"key": "the-principal", "type": "definition", "offset": [317, 330]}, {"key": "balance-sheets", "type": "clause", "offset": [382, 396]}, {"key": "income-statements", "type": "clause", "offset": [398, 415]}, {"key": "cash-flow-statements", "type": "definition", "offset": [420, 440]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [441, 461]}, {"key": "maturity-date", "type": "definition", "offset": [504, 517]}], "hash": "95cd9f8618a9866738d3c22df89701c7", "id": 1}, {"samples": [{"hash": "hyDIsYyXgPL", "uri": "/contracts/hyDIsYyXgPL#annual-forecasts", "label": "Credit Agreement (Davita Inc.)", "score": 33.3470230103, "published": true}, {"hash": "5dhd4DdpObE", "uri": "/contracts/5dhd4DdpObE#annual-forecasts", "label": "Credit Agreement (Davita Inc.)", "score": 30.6153316498, "published": true}, {"hash": "e8bfkT5T8Nl", "uri": "/contracts/e8bfkT5T8Nl#annual-forecasts", "label": "Credit Agreement", "score": 29.3408622742, "published": true}], "size": 7, "snippet": "As soon as available and in any event no later than 90 days after the end of each Fiscal Year, a reasonably detailed forecast for such Fiscal Year, in form and substance reasonably satisfactory to the Administrative Agent.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [55, 65]}, {"key": "fiscal-year", "type": "clause", "offset": [82, 93]}, {"key": "detailed-forecast", "type": "definition", "offset": [108, 125]}, {"key": "form-and-substance", "type": "clause", "offset": [151, 169]}, {"key": "the-administrative-agent", "type": "definition", "offset": [197, 221]}], "hash": "b8aa2c3ea3fe0f68a9f8369fad5e9be4", "id": 6}, {"samples": [{"hash": "gcM5x0Vqceq", "uri": "/contracts/gcM5x0Vqceq#annual-forecasts", "label": "Credit Agreement (Cantel Medical Corp)", "score": 21.0, "published": true}, {"hash": "hFgwK9Svpl1", "uri": "/contracts/hFgwK9Svpl1#annual-forecasts", "label": "Credit Agreement (Cantel Medical Corp)", "score": 18.0, "published": true}], "size": 15, "snippet": "As soon as available and in any event no later than sixty (60) days after the end of each Fiscal Year, (i) forecasts prepared by management of the Borrower, including balance sheets, income statements and cash flow statements on a quarterly basis, prepared on a basis consistent with the financial statements delivered pursuant to Sections 7.2 and 7.3 and (ii) a business plan, in each case for the Fiscal Year following such Fiscal Year then ended and in form reasonably satisfactory to the Administrative Agent.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [63, 73]}, {"key": "fiscal-year", "type": "clause", "offset": [90, 101]}, {"key": "prepared-by", "type": "definition", "offset": [117, 128]}, {"key": "management-of-the-borrower", "type": "clause", "offset": [129, 155]}, {"key": "balance-sheets", "type": "clause", "offset": [167, 181]}, {"key": "income-statements", "type": "clause", "offset": [183, 200]}, {"key": "cash-flow-statements", "type": "definition", "offset": [205, 225]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [226, 246]}, {"key": "financial-statements-delivered", "type": "clause", "offset": [288, 318]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [319, 339]}, {"key": "business-plan", "type": "clause", "offset": [363, 376]}, {"key": "each-case", "type": "definition", "offset": [381, 390]}, {"key": "the-administrative-agent", "type": "definition", "offset": [488, 512]}], "hash": "fcedc7f2f3a1345823f1573da99b7d0b", "id": 4}, {"samples": [{"hash": "7nTARgtf3zJ", "uri": "/contracts/7nTARgtf3zJ#annual-forecasts", "label": "Service Agreement", "score": 29.4436321259, "published": true}, {"hash": "9TvYsp5kE4U", "uri": "/contracts/9TvYsp5kE4U#annual-forecasts", "label": "Service Agreement", "score": 24.4195747375, "published": true}, {"hash": "kmonBhgNbQK", "uri": "/contracts/kmonBhgNbQK#annual-forecasts", "label": "Service Agreement", "score": 24.0746059418, "published": true}], "size": 7, "snippet": "Contractor shall submit to DHCS at least 60 days prior to the beginning of Contractor\u2019s fiscal year, an annual forecast for Contractor\u2019s next fiscal year. Contractor\u2019s annual forecast shall be prepared on the DMHC required financial reporting forms and shall include, at a minimum, the following reports/schedules:\nA. Report 2: Statement of Revenue, Expenses, and Net Worth by County. (Medi-Cal line of business)\nB. Report 4: Enrollment and Utilization Table by County. (Medi-Cal line of business)", "snippet_links": [{"key": "contractor-shall", "type": "clause", "offset": [0, 16]}, {"key": "submit-to", "type": "clause", "offset": [17, 26]}, {"key": "prior-to-the", "type": "clause", "offset": [49, 61]}, {"key": "of-contractor", "type": "clause", "offset": [72, 85]}, {"key": "annual-forecast", "type": "definition", "offset": [104, 119]}, {"key": "for-contractor", "type": "definition", "offset": [120, 134]}, {"key": "next-fiscal-year", "type": "definition", "offset": [137, 153]}, {"key": "be-prepared", "type": "clause", "offset": [190, 201]}, {"key": "reporting-forms", "type": "clause", "offset": [233, 248]}, {"key": "statement-of", "type": "clause", "offset": [328, 340]}, {"key": "net-worth", "type": "definition", "offset": [364, 373]}, {"key": "by-county", "type": "clause", "offset": [374, 383]}, {"key": "line-of-business", "type": "clause", "offset": [395, 411]}], "hash": "cc8613811dedd4693590bbbffbe6eca5", "id": 5}, {"samples": [{"hash": "ltAcPmMkFQ8", "uri": "/contracts/ltAcPmMkFQ8#annual-forecasts", "label": "Credit Agreement (Davita Inc)", "score": 21.0, "published": true}], "size": 6, "snippet": "As soon as available and in any event no later than 30 days after the end of each Fiscal Year, forecasts prepared by management of the Borrower, in form satisfactory to the Administrative Agent, of Consolidated balance sheets, income statements and cash flow statements of the Borrower and its Subsidiaries on a quarterly basis for the Fiscal Year following such Fiscal Year and on an annual basis for each Fiscal Year thereafter through the year of the Revolving Termination Date.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [55, 65]}, {"key": "fiscal-year", "type": "clause", "offset": [82, 93]}, {"key": "prepared-by", "type": "definition", "offset": [105, 116]}, {"key": "management-of-the-borrower", "type": "clause", "offset": [117, 143]}, {"key": "form-satisfactory", "type": "clause", "offset": [148, 165]}, {"key": "the-administrative-agent", "type": "definition", "offset": [169, 193]}, {"key": "consolidated-balance-sheets", "type": "clause", "offset": [198, 225]}, {"key": "income-statements", "type": "clause", "offset": [227, 244]}, {"key": "cash-flow-statements", "type": "definition", "offset": [249, 269]}, {"key": "borrower-and-its-subsidiaries", "type": "clause", "offset": [277, 306]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [307, 327]}, {"key": "annual-basis", "type": "clause", "offset": [385, 397]}, {"key": "the-year", "type": "definition", "offset": [438, 446]}, {"key": "revolving-termination-date", "type": "definition", "offset": [454, 480]}], "hash": "269275d60c5e5e509d2093f748c011cf", "id": 7}, {"samples": [{"hash": "dyQLbILxOqT", "uri": "/contracts/dyQLbILxOqT#annual-forecasts", "label": "Credit Agreement (Applied Graphics Technologies Inc)", "score": 18.0, "published": true}, {"hash": "5NYvUHm0gTp", "uri": "/contracts/5NYvUHm0gTp#annual-forecasts", "label": "Credit Agreement (Applied Graphics Technologies Inc)", "score": 18.0, "published": true}], "size": 5, "snippet": "As soon as available and in any event no later than sixty (60) days after the end of each Fiscal Year, an annual operating budget prepared by management of the Borrower, in form prepared by the Borrower in the ordinary course of its business, including projected consolidated and consolidating balance sheets, income statements and cash flow statements on a quarterly basis for the Fiscal Year following such Fiscal Year then ended.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [63, 73]}, {"key": "fiscal-year", "type": "clause", "offset": [90, 101]}, {"key": "annual-operating-budget", "type": "definition", "offset": [106, 129]}, {"key": "prepared-by", "type": "definition", "offset": [130, 141]}, {"key": "management-of-the-borrower", "type": "clause", "offset": [142, 168]}, {"key": "by-the-borrower", "type": "clause", "offset": [187, 202]}, {"key": "ordinary-course", "type": "clause", "offset": [210, 225]}, {"key": "consolidated-and-consolidating", "type": "definition", "offset": [263, 293]}, {"key": "balance-sheets", "type": "clause", "offset": [294, 308]}, {"key": "income-statements", "type": "clause", "offset": [310, 327]}, {"key": "cash-flow-statements", "type": "definition", "offset": [332, 352]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [353, 373]}], "hash": "eb8d9c191111565acb14cb7c1cc36703", "id": 8}, {"samples": [{"hash": "9rNlzAWXY7l", "uri": "/contracts/9rNlzAWXY7l#annual-forecasts", "label": "Asset Based Loan Credit Agreement (Express, Inc.)", "score": 34.0677604675, "published": true}, {"hash": "jd0t7Hcdpvg", "uri": "/contracts/jd0t7Hcdpvg#annual-forecasts", "label": "Asset Based Loan Credit Agreement (Express, Inc.)", "score": 33.9062271118, "published": true}], "size": 4, "snippet": "No later than 60 days after the end of each Fiscal Year of Holdings, (i) internally prepared forecasts in form reasonably satisfactory to the Administrative Agent, including Consolidated balance sheets, income statements, and cash flow statements, as supplemented with certain consolidating information and other relevant detail and information as the Administrative Agent may request, in each case with respect to Holdings and its Subsidiaries on a quarterly basis for the Fiscal Year following such Fiscal Year, and (ii) monthly availability model and projections for Excess Availability, the Borrowing Base, and the Term Loan Borrowing Base for the then-current Fiscal Year.", "snippet_links": [{"key": "days-after", "type": "definition", "offset": [17, 27]}, {"key": "the-administrative-agent", "type": "definition", "offset": [138, 162]}, {"key": "consolidated-balance-sheets", "type": "clause", "offset": [174, 201]}, {"key": "income-statements", "type": "clause", "offset": [203, 220]}, {"key": "cash-flow-statements", "type": "definition", "offset": [226, 246]}, {"key": "consolidating-information", "type": "definition", "offset": [277, 302]}, {"key": "and-information", "type": "clause", "offset": [329, 344]}, {"key": "each-case", "type": "definition", "offset": [389, 398]}, {"key": "with-respect-to", "type": "clause", "offset": [399, 414]}, {"key": "on-a-quarterly-basis", "type": "definition", "offset": [445, 465]}, {"key": "monthly-availability", "type": "clause", "offset": [523, 543]}, {"key": "excess-availability", "type": "clause", "offset": [570, 589]}, {"key": "the-borrowing", "type": "clause", "offset": [591, 604]}, {"key": "term-loan-borrowing-base", "type": "clause", "offset": [619, 643]}, {"key": "current-fiscal-year", "type": "definition", "offset": [657, 676]}], "hash": "77e3b082eeb2d9316b260f0f8ba2f61b", "id": 9}, {"samples": [{"hash": "g5QGXzi0uHl", "uri": "/contracts/g5QGXzi0uHl#annual-forecasts", "label": "Credit Agreement (Sodexho Alliance S A)", "score": 18.0, "published": true}, {"hash": "8Tk46ppTsq4", "uri": "/contracts/8Tk46ppTsq4#annual-forecasts", "label": "Credit Agreement (Sodexho Mariott Services Inc)", "score": 18.0, "published": true}], "size": 4, "snippet": "As soon as available and in any event within five months after the beginning of each Fiscal Year of the Parent Guarantor, forecasts prepared by management of the Parent Guarantor, in form satisfactory to the Administrative Agent, of Consolidated balance sheets, statements of income and cash flows of the Parent Guarantor and its Subsidiaries on an annual basis for the Fiscal Year following such Fiscal Year then ended and for each Fiscal Year thereafter until the Termination Date, setting forth in comparative form the corresponding figures for the immediately preceding Fiscal Year, all in reasonable detail and form satisfactory to the Administrative Agent, together with management's strategic discussion and analysis thereof. Any forecasts or other information provided pursuant to this Section to any Lender Party shall be Confidential Information subject to the provisions of Section 9.10.", "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "beginning-of", "type": "clause", "offset": [67, 79]}, {"key": "parent-guarantor", "type": "definition", "offset": [104, 120]}, {"key": "prepared-by", "type": "definition", "offset": [132, 143]}, {"key": "management-of-the", "type": "clause", "offset": [144, 161]}, {"key": "form-satisfactory", "type": "clause", "offset": [183, 200]}, {"key": "the-administrative-agent", "type": "definition", "offset": [204, 228]}, {"key": "consolidated-balance-sheets", "type": "clause", "offset": [233, 260]}, {"key": "cash-flows", "type": "definition", "offset": [287, 297]}, {"key": "annual-basis", "type": "clause", "offset": [349, 361]}, {"key": "termination-date", "type": "clause", "offset": [466, 482]}, {"key": "immediately-preceding-fiscal-year", "type": "definition", "offset": [552, 585]}, {"key": "discussion-and-analysis", "type": "clause", "offset": [700, 723]}, {"key": "information-provided", "type": "clause", "offset": [756, 776]}, {"key": "pursuant-to", "type": "definition", "offset": [777, 788]}, {"key": "lender-party", "type": "definition", "offset": [809, 821]}, {"key": "confidential-information", "type": "clause", "offset": [831, 855]}, {"key": "section-910", "type": "clause", "offset": [885, 897]}], "hash": "1758ca9fc578124b750cb0a0af48034d", "id": 10}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihlhbm51YWwtZm9yZWNhc3RzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["reporting-requirements", "Reporting Requirements"], ["covenants-of-the-borrower", "Covenants of the Borrower"], ["affirmative-covenants", "AFFIRMATIVE COVENANTS"], ["events-of-default", "Events of Default"], ["covenants-of-the-loan-parties", "Covenants of the Loan Parties"]], "size": 289, "children": [["tne", "TNE"], ["tax-returns", "Tax Returns"], ["compliance-certificate", "Compliance Certificate"], ["borrowing-base-report", "Borrowing Base Report"]], "title": "Annual Forecasts", "id": "annual-forecasts", "related": [["rolling-forecasts", "Rolling Forecasts", "Rolling Forecasts"], ["forecast", "Forecast", "Forecast"], ["financial-forecasts", "Financial Forecasts", "Financial Forecasts"], ["forecasts", "Forecasts", "Forecasts"], ["rolling-forecast", "Rolling Forecast", "Rolling Forecast"]], "related_snippets": [], "updated": "2025-12-11T05:34:30+00:00", "also_ask": ["What leverage does the annual forecast provide in renegotiating contract terms?", "Which essential elements must be included to ensure the forecast is binding and actionable?", "What are the main risks if the forecast is inaccurate or not provided on time?", "How do annual forecast obligations in this clause compare to industry standards?", "What factors determine whether courts will enforce penalties for missed or inaccurate forecasts?"], "drafting_tip": "Specify forecast submission deadlines to ensure timely planning, require detailed content standards to promote accuracy, and define update procedures to address changing circumstances.", "explanation": "The Annual Forecasts clause requires one or both parties to provide a projection of expected needs, orders, or activities for the upcoming year. Typically, this involves submitting estimated quantities of goods or services to be purchased or delivered, often on a rolling or fixed annual basis. By establishing these forecasts, the clause helps both parties plan production, inventory, and resource allocation more effectively, reducing uncertainty and supporting smoother business operations."}, "json": true, "cursor": ""}}