Operating Budgets. The Company shall provide to Parent --------------------- promptly, but in no event later than December 20, 1996, 1997 operating and capital budgets, which budgets shall be subject to Parent's approval, which approval may not be unreasonably withheld (the "'97 Budgets").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc)
Operating Budgets. The Company shall provide to Parent --------------------- promptly, but in no event later than December 20November 30, 19961997, 1997 1998 operating and capital budgets, which budgets shall be subject to Parent's approval, which approval may not be unreasonably withheld (the "'97 98 Budgets").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (MJD Communications Inc), Agreement and Plan of Merger (MJD Communications Inc)