Common use of Budgets Clause in Contracts

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 2 contracts

Sources: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 20102009), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 2 contracts

Sources: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)

Budgets. No As soon as available, beginning with the fiscal year ending December 31, 2022, but in any event no later than 30 60 days following after the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a reasonably detailed budget in form reasonably satisfactory to the Administrative Agent (including budgeted consolidated statements of income income, and sources and uses of cash and balance sheets for Holdings and its Subsidiaries) of Holdings and its Subsidiaries on a consolidated basis) (i) in reasonable detail for each of the four fiscal quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is basedyear.

Appears in 2 contracts

Sources: Credit Agreement (ATN International, Inc.), Credit Agreement (ATN International, Inc.)

Budgets. No later than 30 60 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters twelve months of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 2 contracts

Sources: Credit Agreement (Town Sports International Holdings Inc), Credit Agreement (Town Sports International Holdings Inc)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent and the Required Term Lenders (including budgeted statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Credit Agreement and Forbearance Agreement (Trico Marine Services Inc)

Budgets. No As soon as available, beginning with the fiscal year ending December 31, 2024, but in any event no later than 30 60 days following after the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a reasonably detailed budget in form reasonably satisfactory to the Administrative Agent (including budgeted consolidated statements of income income, and sources and uses of cash and balance sheets for Holdings and its Subsidiaries) of Holdings and its Subsidiaries on a consolidated basis) (i) in reasonable detail for each of the four fiscal quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is basedyear.

Appears in 1 contract

Sources: Credit Agreement (ATN International, Inc.)

Budgets. No later than Within 30 days following after the first day beginning of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010)starting in 2006, a budget for Holdings in form reasonably satisfactory to the Administrative Agent (including budgeted balance sheets, statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) sources and uses of cash, for each of the four quarters quarter of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, presentation and discussion of the principal assumptions upon which such budget is based.;

Appears in 1 contract

Sources: Credit Agreement (HealthSpring, Inc.)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income for and sources and uses of cash and balance sheets) prepared by Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters twelve months of such fiscal year prepared in substantially the same detail and (ii) for as the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is basedProjections.

Appears in 1 contract

Sources: Credit Agreement (Information Holdings Inc)

Budgets. No later than 30 45 days following the first day of each fiscal year Fiscal Year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010Holdingstime of the delivery of the financial statements provided for in Section 8.01(b), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Consolidated Subsidiaries on a consolidated basis) (i) for each of the four quarters Fiscal Quarters of such fiscal year Fiscal Year prepared in reasonable detail and (ii) for the three immediately succeeding fiscal years Fiscal Years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Credit Agreement and Subsidiaries Guaranty (Leap Wireless International Inc)

Budgets. No later than 30 90 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income operations and cash flow and balance sheets for Holdings and its Subsidiaries on a consolidated consolidated, and if available consolidating, basis) (i) for each of the four quarters twelve months of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Syndicated Facility Agreement (Acco Brands Corp)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 20102011), a budget in form reasonably satisfactory to the Administrative Agent and the Required Lenders (including budgeted statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Priority Credit Agreement (Trico Marine Services Inc)

Budgets. No later than 30 45 days following the first day of each fiscal year Fiscal Year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Consolidated Subsidiaries on a consolidated basis) (i) for each of the four quarters Fiscal Quarters of such fiscal year Fiscal Year prepared in reasonable detail and (ii) for the three immediately succeeding fiscal years Fiscal Years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Credit Agreement (Leap Wireless International Inc)

Budgets. No later than 30 days following the commencement of the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Managing Agent prepared by Holdings for (including x) in the case of budgeted statements of income for Holdings and its Subsidiaries on a consolidated basis) (i) for income, each of the four quarters twelve months of such fiscal year prepared in detail detail, and (iiy) for in the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.of budgeted statements of sources and uses of cash and balance

Appears in 1 contract

Sources: Credit Agreement (Chancellor Broadcasting Co /De/)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income for and sources and uses of cash and balance sheets) prepared by Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters twelve months of such fiscal year prepared in substantially the same detail as the Projections and (ii) for each of the immediately three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is budgets are based.

Appears in 1 contract

Sources: Credit Agreement (Power Ten)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters twelve months of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Credit Agreement (Town Sports International Holdings Inc)

Budgets. No later than 30 60 days following after the first day of each fiscal ------- year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget budgets in form reasonably satisfactory to the Administrative Agent (including including, in any event, budgeted statements of income for Holdings cash flow and its Subsidiaries on a consolidated basis) (iCapital Expenditures and budgeted debt and cash balances) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forthdetail, with appropriate discussionrespect to Holdings and its Subsidiaries, accompanied by a statement of an Authorized Financial Officer of Holdings to the effect that, to the best of such officer's knowledge, the principal assumptions upon which such budget is baseda reasonable estimate of the period covered thereby.

Appears in 1 contract

Sources: Credit Agreement (HMC Park Ridge LLC)

Budgets. No later than 30 days following the first day of each fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four fiscal quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary formdetail, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Short Term Credit Agreement (CURO Group Holdings Corp.)

Budgets. No later than 30 60 days following after the first day of each ------- fiscal year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget budgets in form reasonably satisfactory to the Administrative Agent (including including, in any event, budgeted statements of income for Holdings cash flow and its Subsidiaries on a consolidated basis) (iCapital Expenditures and budgeted debt and cash balances) for each of the four quarters of such fiscal year prepared in detail and (ii) for the three immediately succeeding fiscal years prepared in summary form, in each case setting forthdetail, with appropriate discussionrespect to Holdings and its Subsidiaries, accompanied by a statement of an Authorized Financial Officer of Holdings to the effect that, to the best of such officer's knowledge, the principal assumptions upon which such budget is baseda reasonable estimate of the period covered thereby.

Appears in 1 contract

Sources: Credit Agreement (Host Marriott Corp/Md)

Budgets. No later than 30 60 days following the first day of each fiscal year Fiscal Year of Holdings (beginning with Holdings’ fiscal year commencing on January 1, 2010), a budget in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income income, sources and uses of cash and balance sheets for Holdings and its Subsidiaries on a consolidated basis) (i) for each of the four quarters Fiscal Quarter of such fiscal year Fiscal Year prepared in detail and (ii) for the three immediately succeeding fiscal years Fiscal Years prepared in summary form, in each case setting forth, with appropriate discussion, the principal assumptions upon which such budget is based.

Appears in 1 contract

Sources: Credit Agreement (Global Cash Access Holdings, Inc.)