Board Projections. At least annually, and in any event no later than within sixty (60) days after the end of each fiscal year of Borrower, and within seven (7) days after any updates or changes thereto, annual Board-approved operating budget and financial projections, in a form of presentation reasonably acceptable to Agent;
Board Projections. Within forty-five (45) days after the last day of Borrower’s fiscal year, annual financial projections for the following fiscal year (for each fiscal quarter in such year, including quarterly projected balance sheets, income statements, and cash flow statements) as approved by Borrower’s board of directors covering the consolidated operations of Borrower and its Subsidiaries, together with any related business forecasts used in the preparation of such annual financial projections; and
Board Projections. No later than 60 days after the end of each fiscal year of the Borrower, a detailed consolidated budget for the following fiscal year (including a projected consolidated balance sheet of the Borrower, Holdings and their respective Subsidiaries as of the end of each fiscal quarter of such fiscal year, the related consolidated statements of projected cash flow, projected changes in financial position and projected income and a description of the underlying assumptions applicable thereto), and, as soon as available, significant revisions, if any, of such budget and projections with respect to such fiscal year (collectively, the “Projections”), which Projections shall in each case be accompanied by a certificate of a Responsible Officer stating that such Projections were prepared in good faith based upon assumptions and that were believed by such Responsible Officer to be reasonable at the time made, it being understood and agreed that the Projections are not a guarantee of financial performance and actual results may differ from the Projections, and such differences may be material;
Board Projections. Within thirty (30) days after Board approval, but at least annually or more frequently as updated, Board-approved projections and any subsequent Board-approved amendments thereto, in form and substance commensurate with such documentation as Borrower provides to venture capital investors;
Board Projections. No later than forty-five (45) days after Borrower’s fiscal year end, Borrower’s Board of Directors’ approved projections for the subsequent fiscal year;” and inserting in lieu thereof the following:
Board Projections. As soon as available, but no later than the earlier of (i) seven (7) days after Board approval, or (ii) thirty (30) days after the last day of Borrower’s fiscal year, and in each case contemporaneously with any updates or changes thereto, the Board-approved annual operating plan for the upcoming fiscal year of Borrower in a form acceptable to Bank;
Board Projections. Within 31 days of the last day of each fiscal year (and more frequently, as updated), annual board-approved operating budgets and projections.
Board Projections. As soon as available but no later than the earlier of forty-five (45) days after the last day of the fiscal year of Holdings or forty-five (45) days after approval by the Board, and within seven (7) days of any Board-approved updates or amendments thereto, (1) annual consolidated operating budgets (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Holdings, and (2) annual consolidated financial projections for the following fiscal year (on a monthly or quarterly basis), in each case as approved by the Board and commensurate in form and substance with those provided to the Board, together with any related business forecasts used in the preparation of such annual financial projections;”
Board Projections. As soon as available, but no later than thirty (30) days after the last day of Borrower’s fiscal year, Borrower’s board approved financial projections.
Board Projections. As soon as available, but no later than thirty (30) days after Bank’s request, annual financial projections for the following fiscal year approved by Borrower’s Board of Directors and commensurate in form and substance with those provided to Borrower’s venture capital investors;
