Common use of Budgets, etc Clause in Contracts

Budgets, etc. Not more than 60 days after the commencement of each fiscal year of the Borrower, consolidated budgets of the Borrower and its Subsidiaries (x) in reasonable detail for each of the twelve months of such fiscal year and (y) in summary form for each of the five fiscal years immediately following such fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 8.01(a), (b) and (c), a comparison of the current year to date financial results against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 2 contracts

Sources: Credit Agreement (Alliance Imaging Inc /De/), Credit Agreement (Alliance Imaging Inc /De/)

Budgets, etc. Not more than 60 days after the commencement of ------------- each fiscal year of the Borrower, consolidated budgets of the Borrower and its Subsidiaries (x) in reasonable detail for each of the twelve months of such fiscal year and (y) in summary form for each of the five fiscal years immediately following such fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 8.01(a), (b) and (c), a comparison of the current year to date financial results against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 2 contracts

Sources: Credit Agreement (Alliance Imaging Inc /De/), Credit Agreement (Alliance Imaging of Michigan Inc)

Budgets, etc. Not As soon as available but not more than 60 45 days after the commencement of each fiscal year of the BorrowerHoldings, consolidated budgets a budget of the Borrower Holdings and its Subsidiaries (x) in reasonable detail for each of the twelve months and four fiscal quarters of such fiscal year and (y) in summary form for each of the five four fiscal years immediately following such fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 8.01(a), (b) and (c), a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) also shall be presented.

Appears in 1 contract

Sources: Credit Agreement (Champion Aerospace Inc)

Budgets, etc. Not As soon as available but not more than 60 45 days after the commencement of each fiscal year of the Borrower, consolidated budgets a budget of the Borrower and its Subsidiaries (x) in reasonable detail for each of the twelve months and four fiscal quarters of such fiscal year and (y) in summary form for each of the five four fiscal years immediately following such fiscal year, in each case as customarily prepared by management for its internal use setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of financial statements pursuant to Sections 8.01(a), (b) and (c), a comparison of the current year to date financial results (other than in respect of the balance sheets included therein) against the budgets required to be submitted pursuant to this clause (d) also shall be presented.

Appears in 1 contract

Sources: Credit Agreement (Symons Corp)

Budgets, etc. Not more than 60 30 days after the commencement of each fiscal year of the BorrowerHoldings, a consolidated budgets budget of the Borrower Holdings and its Subsidiaries (xincluding budgeted statements of income, sources and uses of cash and balance sheets for Holdings and its Subsidiaries on a consolidated basis) in reasonable detail for each of the twelve months of such fiscal year and (y) prepared in summary form for each of the five fiscal years immediately following such fiscal year, in each case reasonable detail as customarily prepared by management for its internal use and setting forth, with appropriate discussion, the principal assumptions upon which such budgets are based. Together with each delivery of consolidated financial statements pursuant to Sections 8.01(a), (b7.01(a) and (cb), a comparison of the current year to year-to-date financial results against the budgets required to be submitted pursuant to this clause (d) shall be presented.

Appears in 1 contract

Sources: Credit Agreement (Winfred Berg Licensco Inc)