Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in subsection 9(d) above, Borrower shall deliver a letter signed by the President or a Vice President of Borrower and by the Treasurer or Chief Financial Officer of Borrower, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Borrower.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual projections or budgets referred to in subsection 9(d) above, Borrower shall deliver a letter signed by the President or a Vice President of Borrower and by the Treasurer or Chief Financial Officer of Borrower, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Borrower and its Subsidiaries (as applicable).
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in Section 9.4 above, an executive officer of Xxxxxxxxxxxx Parent shall be available upon request by Administrative Agent to discuss in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of the Borrowers and shall prepare such additional written reports explaining such charges and developments as reasonably requested by Administrative Agent.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in Section 9.4 above, Responsible Officers of Borrower shall be reasonably available to discuss with Administrative Agent, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Borrower.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in subsection 9(d) above, Credit Parties shall deliver a letter signed by the President or a Vice President of each Credit Party and by the Treasurer or Chief Financial Officer of each Credit Party, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Credit Parties.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in subsection 9(d) above, each Borrower shall cause to delivered to Lender a letter signed by the President or a Vice President of Coast Delaware (on behalf of the Borrowers comprising Coast US) and by the Treasurer or Chief Financial Officer of Coast Canada, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the actual financial statements for each month and year to date period of the budgeted period of Coast U.S. and Coast Canada, respectively.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in subsection 9(d) above, Cantar U.S. shall deliver a letter signed by the President or a Vice President of Parent and by the Treasurer or Chief Financial Officer of Parent, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Parent.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in Section 9(d) above, MTS shall deliver a letter signed by the President or a Vice President of MTS and by the Treasurer or Chief Financial Officer of MTS, describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical consolidated Financial Statements of MTS and its Subsidiaries.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in subsection 9(d) above, Borrowers shall deliver a letter signed by the President or a Vice President of Smithway Corp. and by the Treasurer or Chief Financial Officer of Smithway Corp., describing, comparing and analyzing, in detail, all changes and developments between the anticipated financial results included in such projections or budgets and the historical financial statements of Borrowers.
Explanation of Budgets and Projections. In conjunction with the delivery of the annual presentation of projections or budgets referred to in SUBSECTION 9(D) above, the President, Vice President, Treasurer or Chief Financial Officer of each Borrower shall respond to any questions asked by Agent or any Lender or reasonable requests for information requested by Agent or any Lender in connection with such projections or budgets.
