Common use of Contract Backlog Clause in Contracts

Contract Backlog. Schedule 3.30 sets forth a complete and accurate list, on a contract-by-contract basis determined as of October 31, 2014, of the Contract Backlog of Seller. For purposes of this Section 3.30, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by Seller. With respect to the Material Contracts listed on Schedule 3.12, each Material Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 3.30, both individually and in the aggregate, constitute Seller’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Seller. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.

Contract Backlog. Schedule 3.30 3.29 sets forth a complete and accurate list, on a contract-by-contract basis determined as of October March 31, 20142013, of the Contract Backlog of Sellerthe Company. For purposes of this Section 3.303.29, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by Sellerthe Company. With respect to the Material Contracts listed on Schedule 3.123.09, each Material Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 3.303.29, both individually and in the aggregate, constitute Seller’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Seller and the Company, and are based upon utilizing the existing rates, quotes, contracts, wages and operating costs of Seller. Since the date of the most recent balance sheet in the Financial StatementsBalance Sheet, there has not been a material (more than 10%) reduction in total Contract Backlog.