Common use of Annual Plan Clause in Contracts

Annual Plan. The Board of Directors shall adopt no later than the thirty-first day of each fiscal year, a financial plan for the Company, which shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows statement for each quarter in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual Plan"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Board of Directors.

Annual Plan. The Board of Directors shall adopt no later than the thirty-first thirtieth day of each fiscal year, a financial plan for the Company, which shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows statement for each quarter month in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual Plan"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Board of Directors.

Annual Plan. The Board of Directors shall adopt adopt, no later than the thirty-first day of each fiscal year, a financial plan for Borrower, in such manner and form as approved by the CompanyBoard of Directors of Borrower, which financial plan shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows flow statement for each quarter month in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual Plan"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Board of Directors.

Annual Plan. The Board of Directors shall adopt no later than the thirty-first thirtieth day of each fiscal year, a financial plan for the Company, which shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows statement for each quarter fiscal period in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual Plan"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Board of Directors.

Annual Plan. The Company's Board of Directors shall adopt no later than the thirty-first thirtieth day of each fiscal year, a financial plan for the Company, which shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows statement for each quarter month in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual Plan"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Company's Board of Directors.

Annual Plan. The Board of Directors shall adopt no later than the thirty-first day of each fiscal year, a financial plan for the Company, which shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows statement for each quarter in such fiscal year, and a projected balance sheet as of the end of each month quarter in such fiscal year (the "“Annual Plan"”). The Annual Plan may only be amended or revised, in any material manner, with the written approval of the Board of Directors.

Annual Plan. The Board of Directors shall adopt adopt, no later than the thirty-first day of each fiscal year, a financial plan for the Company, in such manner and form as approved by the Board of Directors of the Company, which financial plan shall include at least a projection of income and expenses (including capital expenditures) and a projected cash flows flow statement for each quarter month in such fiscal year, and a projected balance sheet as of the end of each month in such fiscal year (the "Annual PlanANNUAL PLAN"). The Annual Plan may only be amended or revised, in any material manner, with the approval of the Board of Directors.