Common use of Budgets Clause in Contracts

Budgets. No later than 45 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by the Administrative Borrower for each fiscal month of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 5 contracts

Samples: Credit Agreement (International Seaways, Inc.), Security Agreement (Overseas Shipholding Group Inc), Intercreditor Agreement (Overseas Shipholding Group Inc)

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Budgets. No later than 45 30 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income, sources and uses of cash and balance sheets) prepared by the Administrative Borrower (i) for each fiscal month of the twelve months of such fiscal year prepared in detail and (ii) for each of the Administrative Borrower and its Restricted Subsidiariesimmediately three succeeding fiscal years prepared in summary form, in each case setting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is budgets are based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 4 contracts

Samples: Credit Agreement (Infousa Inc), Credit Agreement (Infousa Inc), Credit Agreement (Infousa Inc)

Budgets. No later than 45 Within 60 days following after the first day beginning of each fiscal year of the Administrative Borrower, a budget (statements of income) for Borrower in form reasonably satisfactory to the Administrative Agent prepared by the Administrative Borrower Agent, but to include balance sheets, statements of income and sources and uses of cash, for each fiscal month of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiariesdetail, prepared in summary form, in each case, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is budgets are based, accompanied by a certificate the statement of a Financial Officer of Borrower to the Administrative Borrower certifying effect that the budget of Borrower is a reasonable estimate for the periods covered thereby;

Appears in 4 contracts

Samples: Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.)

Budgets. No later than 45 60 days following the first day of each fiscal year of the Administrative Borrower (commencing with the Borrower’s fiscal year ending on or ending closest to September 30, 2014), a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by (including budgeted statements of income and sources and uses of cash for the Administrative Borrower and its Subsidiaries on a consolidated basis) for each of the four fiscal month quarters of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiariessetting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 4 contracts

Samples: Credit Agreement (Lee Enterprises, Inc), Junior Intercreditor Agreement (Lee Enterprises, Inc), Intercompany Subordination Agreement (Lee Enterprises, Inc)

Budgets. No later than 45 30 days following after the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) budgets in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income and sources and uses of cash and balance sheets) prepared by the Administrative Borrower for (x) each fiscal month of the months of such fiscal year prepared in reasonable detail and (y) the immediately following fiscal year prepared in summary form, in each case accompanied by the statement of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail chief financial officer of the principal assumptions upon which such budget is basedBorrower to the effect that, accompanied by a certificate to the best of a Financial Officer of his knowledge, the Administrative Borrower certifying that the respective budget is a reasonable estimate for the periods period covered thereby;.

Appears in 2 contracts

Samples: Credit Agreement (Alpine Group Inc /De/), Credit Agreement (Alpine Group Inc /De/)

Budgets. No later than 45 75 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by (including budgeted statements of income, sources and uses of cash and balance sheets for the Administrative Borrower and its Subsidiaries on a consolidated basis) for each fiscal month of the four quarters of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;detail.

Appears in 2 contracts

Samples: Lien Credit Agreement (Walter Investment Management Corp), First Lien Credit Agreement (Walter Investment Management Corp)

Budgets. No later than 45 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) operations), in form reasonably satisfactory to the Administrative Agent Agent, prepared by the Administrative Borrower Holdings for each fiscal month of such fiscal year year, and for the following (2) two fiscal years, prepared in detail of the Administrative Borrower Holdings and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 2 contracts

Samples: Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Diamond S Shipping Inc.)

Budgets. No later than 45 90 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by (including budgeted statements of income, sources and uses of cash and balance sheets for the Administrative Borrower and its Subsidiaries on a consolidated basis) for each fiscal month of the twelve months of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;year.

Appears in 2 contracts

Samples: Credit Agreement (Shuffle Master Inc), Credit Agreement (Shuffle Master Inc)

Budgets. No later than 45 30 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income and sources and uses of cash and balance sheets) prepared by the Administrative Borrower for each fiscal month of the twelve months of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiariessetting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is budgets are based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 2 contracts

Samples: Credit Agreement (Hanger Orthopedic Group Inc), Hanger Orthopedic Group Inc

Budgets. No later than 45 90 days following after the first day of each fiscal year of the Administrative Borrower, a an annual budget (statements of income) in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income by each of Borrower's business units and sources and uses of cash and balance sheets) prepared by the Administrative Borrower for each fiscal month of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate the statement of a Financial Officer of Borrower to the Administrative Borrower certifying effect that the to such officer's knowledge such budget is a reasonable estimate for the periods period covered thereby;; and

Appears in 2 contracts

Samples: Credit Agreement (Cpi Holdco Inc), Credit Agreement (Communications & Power Industries Inc)

Budgets. No later than 45 60 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by (including budgeted statements of income and sources and uses of cash for the Administrative Borrower and its Subsidiaries on a consolidated basis) for each of the four fiscal month quarters of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiariessetting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises Inc)

Budgets. No later than 45 days following after the first day of each fiscal year Fiscal Year of the Administrative Borrower, a reasonably detailed budget (statements of income) in form reasonably satisfactory to the Administrative Agent (including budgeted statements of income and projected Capital Expenditures) prepared by the Administrative Borrower for each fiscal month of such fiscal year Fiscal Year, prepared in detail detail, of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 1 contract

Samples: Credit Agreement (Five Below, Inc)

Budgets. No later than 45 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) operations), in form reasonably satisfactory to the Administrative Agent Agent, prepared by the Administrative Borrower for each fiscal month of such fiscal year year, and for the following (2) two fiscal years, prepared in detail of the Administrative Borrower Holdings and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 1 contract

Samples: Pledge Agreement (International Seaways, Inc.)

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Budgets. No later than 45 forty five (45) days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) operations), in form reasonably satisfactory to the Administrative Agent Agent, prepared by the Administrative Borrower for each fiscal month of such fiscal year year, and for the following two (2) fiscal years, prepared in detail of the Administrative Borrower Holdings and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 1 contract

Samples: Credit Agreement (International Seaways, Inc.)

Budgets. No later than 45 60 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by or otherwise consistent in form with the budget delivered to the Administrative Agent prior to the Effective Date (including budgeted statements of income, sources and uses of cash and balance sheets for the Borrower and its Subsidiaries on a consolidated basis) for each fiscal month of the twelve months of such fiscal year prepared in reasonable detail of the Administrative Borrower and its Restricted Subsidiariessetting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 1 contract

Samples: Pledge Agreement (Affinity Gaming, LLC)

Budgets. No later than 45 30 days following the first day of each ------- fiscal year of the Administrative Borrower, a budget (statements of income) budget, in form reasonably satisfactory to the Administrative Agent Agent, consisting of budgeted statements of income and sources and uses of cash and balance sheets prepared by the Administrative Borrower for each of the four fiscal month quarters of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;year.

Appears in 1 contract

Samples: Credit Agreement (Sylvan Learning Systems Inc)

Budgets. No later than 45 60 days following the first day of each ------- fiscal year of the Administrative Borrower, a budget (statements of income) the Borrower and its Subsidiaries, in form reasonably satisfactory to the Administrative Agent Agent, consisting of budgeted statements of income and sources and uses of cash and balance sheets, prepared by the Administrative Borrower for each of the four fiscal month quarters of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiariessetting forth, with appropriate presentation and discussion in reasonable detail of discussion, the principal assumptions upon which such budget is budgets are based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;.

Appears in 1 contract

Samples: Credit Agreement (Idt Corp)

Budgets. No later than 45 30 days following the first day of each fiscal year Fiscal Year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by the Administrative Borrower (including budgeted statements of income, sources and uses of cash and balance sheets for each fiscal month of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail Subsidiaries on a consolidated basis) for each of the principal assumptions upon which twelve months of such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;Fiscal Year prepared in detail.

Appears in 1 contract

Samples: Credit Agreement (WESTMORELAND COAL Co)

Budgets. No later than 45 days following the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) in form reasonably satisfactory to the Administrative Agent prepared by the Administrative Borrower for each fiscal month of such fiscal year prepared in detail of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is based, accompanied by a certificate of a Financial Officer of the Administrative Borrower certifying that the budget is a reasonable estimate for the periods covered thereby;

Appears in 1 contract

Samples: Intercreditor Agreement (Overseas Shipholding Group Inc)

Budgets. No later than 45 60 days following after the first day of each fiscal year of the Administrative Borrower, a budget (statements of income) consolidated budget, in form reasonably satisfactory to the Administrative Agent (including sources and uses of cash and balance sheets) prepared by the Administrative Borrower for each fiscal month quarter of such fiscal year prepared in detail detail, of the Administrative Borrower and its Restricted Subsidiaries, with appropriate presentation and discussion in reasonable detail of the principal assumptions upon which such budget is budgets are based, accompanied by a certificate the statement of a Financial Officer of Borrower to the Administrative Borrower certifying effect that the budget of Borrower is a reasonable estimate for the periods period covered thereby;

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies Lp)

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