{"component": "clause", "props": {"groups": [{"snippet": "To Agent and Lenders, as soon as available, but not later than thirty (30) days after the end of each Fiscal Year, an annual combined operating plan (the \"Operating Plan\") for Parent and its Subsidiaries, approved by the Board of Directors of Parent, for the following Fiscal Year, which (i) includes a statement of all of the material assumptions on which such plan is based, (ii) includes projected monthly income statement, balance sheets and source and use of funds for the following year and (iii) Borrowing Availability projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and facilities.", "samples": [{"hash": "cM9ftdSi4YG", "uri": "/contracts/cM9ftdSi4YG#operating-plan", "label": "Term Loan Credit Agreement (Rand Logistics, Inc.)", "score": 26.245721817, "published": true}, {"hash": "jmth4zuTuIt", "uri": "/contracts/jmth4zuTuIt#operating-plan", "label": "Credit Agreement (Rand Logistics, Inc.)", "score": 25.2053394318, "published": true}, {"hash": "ieIE8fIGrg0", "uri": "/contracts/ieIE8fIGrg0#operating-plan", "label": "Term Loan Credit Agreement (Rand Logistics, Inc.)", "score": 25.2053394318, "published": true}], "snippet_links": [{"key": "agent-and-lenders", "type": "definition", "offset": [3, 20]}, {"key": "as-available", "type": "definition", "offset": [30, 42]}, {"key": "days-after", "type": "definition", "offset": [75, 85]}, {"key": "fiscal-year", "type": "definition", "offset": [102, 113]}, {"key": "an-annual", "type": "clause", "offset": [115, 124]}, {"key": "for-parent", "type": "clause", "offset": [172, 182]}, {"key": "board-of-directors-of-parent", "type": "definition", "offset": [221, 249]}, {"key": "statement-of", "type": "clause", "offset": [303, 315]}, {"key": "the-material", "type": "definition", "offset": [323, 335]}, {"key": "income-statement", "type": "clause", "offset": [409, 425]}, {"key": "balance-sheets", "type": "clause", "offset": [427, 441]}, {"key": "source-and-use-of-funds", "type": "clause", "offset": [446, 469]}, {"key": "following-year", "type": "definition", "offset": [478, 492]}, {"key": "borrowing-availability", "type": "definition", "offset": [503, 525]}, {"key": "on-the-same-basis", "type": "definition", "offset": [552, 569]}, {"key": "operating-results", "type": "definition", "offset": [609, 626]}, {"key": "in-the-case", "type": "clause", "offset": [645, 656]}, {"key": "cash-flow-projections", "type": "definition", "offset": [660, 681]}, {"key": "good-faith-estimates", "type": "clause", "offset": [709, 729]}, {"key": "financial-performance", "type": "definition", "offset": [740, 761]}, {"key": "based-on", "type": "definition", "offset": [762, 770]}, {"key": "plans-for", "type": "clause", "offset": [810, 819]}, {"key": "capital-expenditures", "type": "definition", "offset": [831, 851]}], "size": 46, "hash": "24c4c316a78324f703312f5c951747c9", "id": 1}, {"snippet": "To Agent, as soon as available, but not later than 30 days after the end of each Fiscal Year, an annual operating plan for Borrower, on a consolidated and consolidating basis, approved by the Board of Directors of Borrower, for the following Fiscal Year, which (i) includes a statement of all of the material assumptions on which such plan is based, (ii) includes monthly balance sheets, income statements and statements of cash flows for the following year and (iii) integrates sales, gross profits, operating expenses, operating profit, cash flow projections and Borrowing Availability projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and facilities.", "samples": [{"hash": "cexw3eStnl8", "uri": "/contracts/cexw3eStnl8#operating-plan", "label": "Credit Agreement (Universal Hospital Services Inc)", "score": 18.0, "published": true}, {"hash": "anixJHTBLMg", "uri": "/contracts/anixJHTBLMg#operating-plan", "label": "Credit Agreement (Universal Hospital Services Inc)", "score": 18.0, "published": true}, {"hash": "8r2NJ4g6b3H", "uri": "/contracts/8r2NJ4g6b3H#operating-plan", "label": "Credit Agreement (Universal Hospital Services Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "as-available", "type": "definition", "offset": [18, 30]}, {"key": "days-after", "type": "definition", "offset": [54, 64]}, {"key": "fiscal-year", "type": "definition", "offset": [81, 92]}, {"key": "annual-operating-plan", "type": "clause", "offset": [97, 118]}, {"key": "consolidating-basis", "type": "definition", "offset": [155, 174]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [185, 210]}, {"key": "statement-of", "type": "clause", "offset": [276, 288]}, {"key": "the-material", "type": "definition", "offset": [296, 308]}, {"key": "balance-sheets", "type": "clause", "offset": [372, 386]}, {"key": "income-statements", "type": "definition", "offset": [388, 405]}, {"key": "statements-of-cash-flows", "type": "clause", "offset": [410, 434]}, {"key": "following-year", "type": "definition", "offset": [443, 457]}, {"key": "gross-profits", "type": "definition", "offset": [486, 499]}, {"key": "operating-expenses", "type": "definition", "offset": [501, 519]}, {"key": "operating-profit", "type": "clause", "offset": [521, 537]}, {"key": "cash-flow-projections", "type": "definition", "offset": [539, 560]}, {"key": "borrowing-availability", "type": "definition", "offset": [565, 587]}, {"key": "on-the-same-basis", "type": "definition", "offset": [614, 631]}, {"key": "operating-results", "type": "definition", "offset": [671, 688]}, {"key": "in-the-case", "type": "clause", "offset": [707, 718]}, {"key": "good-faith-estimates", "type": "clause", "offset": [771, 791]}, {"key": "financial-performance", "type": "definition", "offset": [802, 823]}, {"key": "based-on", "type": "definition", "offset": [824, 832]}, {"key": "plans-for", "type": "clause", "offset": [872, 881]}, {"key": "capital-expenditures", "type": "definition", "offset": [893, 913]}], "size": 33, "hash": "a52f6b2877e8a9a97f0729426e9a734d", "id": 2}, {"snippet": "As soon as available, but not later than 45 days after the end of each fiscal year, an annual operating plan for such fiscal year for the Parent, which will (i) include a statement of the material assumptions on which such plan is based, (ii) include quarterly balance sheets and quarterly projections for such year and (iii) integrate sales, gross profits, operating expenses, operating profit, cash flow projections and Borrowing Base projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management\u2019s good faith estimates of future financial performance based on historical performance), and including plans for personnel, capital expenditures and facilities.", "samples": [{"hash": "6tqETtz7rej", "uri": "/contracts/6tqETtz7rej#operating-plan", "label": "Receivables Funding and Administration Agreement (Synnex Corp)", "score": 21.8788509369, "published": true}, {"hash": "ALIVEElEtu", "uri": "/contracts/ALIVEElEtu#operating-plan", "label": "Receivables Funding Agreement (Ak Steel Holding Corp)", "score": 19.0, "published": true}, {"hash": "3mbVib2T97Z", "uri": "/contracts/3mbVib2T97Z#operating-plan", "label": "Receivables Funding and Administration Agreement (Synnex Corp)", "score": 19.0, "published": true}], "snippet_links": [{"key": "as-available", "type": "definition", "offset": [8, 20]}, {"key": "days-after", "type": "definition", "offset": [44, 54]}, {"key": "fiscal-year", "type": "definition", "offset": [71, 82]}, {"key": "annual-operating-plan", "type": "clause", "offset": [87, 108]}, {"key": "the-parent", "type": "clause", "offset": [134, 144]}, {"key": "statement-of", "type": "clause", "offset": [171, 183]}, {"key": "the-material", "type": "definition", "offset": [184, 196]}, {"key": "balance-sheets", "type": "clause", "offset": [261, 275]}, {"key": "quarterly-projections", "type": "clause", "offset": [280, 301]}, {"key": "gross-profits", "type": "definition", "offset": [343, 356]}, {"key": "operating-expenses", "type": "definition", "offset": [358, 376]}, {"key": "operating-profit", "type": "clause", "offset": [378, 394]}, {"key": "cash-flow-projections", "type": "definition", "offset": [396, 417]}, {"key": "borrowing-base", "type": "definition", "offset": [422, 436]}, {"key": "on-the-same-basis", "type": "definition", "offset": [463, 480]}, {"key": "operating-results", "type": "definition", "offset": [520, 537]}, {"key": "in-the-case", "type": "clause", "offset": [556, 567]}, {"key": "good-faith-estimates", "type": "clause", "offset": [620, 640]}, {"key": "financial-performance", "type": "definition", "offset": [651, 672]}, {"key": "based-on", "type": "definition", "offset": [673, 681]}, {"key": "plans-for", "type": "clause", "offset": [721, 730]}, {"key": "capital-expenditures", "type": "definition", "offset": [742, 762]}], "size": 10, "hash": "6f84e72b2a0232c6ae97c7363c945390", "id": 8}, {"snippet": "The Parties will meet annually, prior to the initiation of fire season to review and update, if necessary, the Operating Plan (OP). This annual review will be documented by signing and dating the review block on the signature page of this OP. This OP will include protection area maps for all Parties, rates for use of department equipment and personnel, lists of principal personnel, dispatching procedures, and any other items identified in this Agreement as necessary for efficient implementation. This OP shall become attached to and be a part of the Cooperative Fire Protection Agreement (CFPA). This OP takes effect as of the date of the last signature and will remain in effect until superseded by a new OP or upon expiration of the agreement.", "samples": [{"hash": "hyvwMsaL6Y3", "uri": "/contracts/hyvwMsaL6Y3#operating-plan", "label": "Cooperative Fire Protection Agreement", "score": 22.6002731323, "published": true}, {"hash": "gALO8Om3gyV", "uri": "/contracts/gALO8Om3gyV#operating-plan", "label": "Cooperative Fire Protection Agreement", "score": 22.6002731323, "published": true}, {"hash": "fMsuHWx1uJv", "uri": "/contracts/fMsuHWx1uJv#operating-plan", "label": "Cooperative Fire Protection Agreement", "score": 22.6002731323, "published": true}], "snippet_links": [{"key": "parties-will-meet", "type": "clause", "offset": [4, 21]}, {"key": "prior-to-the", "type": "clause", "offset": [32, 44]}, {"key": "fire-season", "type": "definition", "offset": [59, 70]}, {"key": "review-and-update", "type": "clause", "offset": [74, 91]}, {"key": "annual-review", "type": "definition", "offset": [137, 150]}, {"key": "signing-and-dating", "type": "clause", "offset": [173, 191]}, {"key": "the-review", "type": "clause", "offset": [192, 202]}, {"key": "page-of", "type": "clause", "offset": [226, 233]}, {"key": "protection-area-maps", "type": "definition", "offset": [264, 284]}, {"key": "all-parties", "type": "definition", "offset": [289, 300]}, {"key": "equipment-and-personnel", "type": "clause", "offset": [330, 353]}, {"key": "principal-personnel", "type": "clause", "offset": [364, 383]}, {"key": "other-items", "type": "clause", "offset": [417, 428]}, {"key": "in-this-agreement", "type": "definition", "offset": [440, 457]}, {"key": "necessary-for", "type": "definition", "offset": [461, 474]}, {"key": "fire-protection-agreement", "type": "clause", "offset": [567, 592]}, {"key": "date-of", "type": "clause", "offset": [632, 639]}, {"key": "in-effect", "type": "clause", "offset": [675, 684]}, {"key": "expiration-of-the-agreement", "type": "clause", "offset": [722, 749]}], "size": 26, "hash": "e17976f11e9981dd6f2c7a05c66f4581", "id": 4}, {"snippet": "To Agent and Lender, as soon as available, but not later than thirty (30) days after the end of each Fiscal Year, an annual operating plan, approved by the Board of Directors of Ultimate Parent, for the following Year, which will include a statement of all of the material assumptions on which such plan is based, will include monthly balance sheets and a monthly budget for the following year and will integrate sales, gross profits, operating expenses, operating profit, cash flow projections and borrowing availability projections all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and Stores;", "samples": [{"hash": "hUZAjqNjr6O", "uri": "/contracts/hUZAjqNjr6O#operating-plan", "label": "Credit Agreement (Wilsons the Leather Experts Inc)", "score": 18.0, "published": true}, {"hash": "dgHa1uHCUI4", "uri": "/contracts/dgHa1uHCUI4#operating-plan", "label": "Credit Agreement (Wilsons the Leather Experts Inc)", "score": 18.0, "published": true}, {"hash": "IOHqIBHVLe", "uri": "/contracts/IOHqIBHVLe#operating-plan", "label": "Credit Agreement (Wilsons the Leather Experts Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "agent-and-lender", "type": "clause", "offset": [3, 19]}, {"key": "as-available", "type": "definition", "offset": [29, 41]}, {"key": "days-after", "type": "definition", "offset": [74, 84]}, {"key": "fiscal-year", "type": "definition", "offset": [101, 112]}, {"key": "annual-operating-plan", "type": "clause", "offset": [117, 138]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [149, 174]}, {"key": "ultimate-parent", "type": "definition", "offset": [178, 193]}, {"key": "following-year", "type": "definition", "offset": [203, 217]}, {"key": "statement-of", "type": "clause", "offset": [240, 252]}, {"key": "the-material", "type": "definition", "offset": [260, 272]}, {"key": "balance-sheets", "type": "clause", "offset": [335, 349]}, {"key": "monthly-budget", "type": "clause", "offset": [356, 370]}, {"key": "gross-profits", "type": "definition", "offset": [420, 433]}, {"key": "operating-expenses", "type": "definition", "offset": [435, 453]}, {"key": "operating-profit", "type": "clause", "offset": [455, 471]}, {"key": "cash-flow-projections", "type": "definition", "offset": [473, 494]}, {"key": "borrowing-availability", "type": "definition", "offset": [499, 521]}, {"key": "on-the-same-basis", "type": "definition", "offset": [547, 564]}, {"key": "operating-results", "type": "definition", "offset": [604, 621]}, {"key": "in-the-case", "type": "clause", "offset": [640, 651]}, {"key": "good-faith-estimates", "type": "clause", "offset": [704, 724]}, {"key": "financial-performance", "type": "definition", "offset": [735, 756]}, {"key": "based-on", "type": "definition", "offset": [757, 765]}, {"key": "plans-for", "type": "clause", "offset": [805, 814]}, {"key": "capital-expenditures", "type": "definition", "offset": [826, 846]}], "size": 29, "hash": "e09aab446e5a33b36a954845f22c0862", "id": 3}, {"snippet": "To Agent and Lenders, as soon as available, but not later than thirty (30) days before the end of each Fiscal Year, an annual operating plan for Holdings and its Subsidiaries, on a consolidated and consolidating basis, approved by the Board of Directors of Holdings and its Subsidiaries, for the following Fiscal Year, which (i) includes a statement of all of the material assumptions on which such plan is based, (ii) includes monthly balance sheets, income statements and statements of cash flows for the following year and (iii) integrates sales, gross profits, operating expenses, operating profit, cash flow projections and Borrowing Availability projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and facilities.", "samples": [{"hash": "g7idhyqdxso", "uri": "/contracts/g7idhyqdxso#operating-plan", "label": "Credit Agreement (Thermadyne Holdings Corp /De)", "score": 21.0, "published": true}, {"hash": "6WS6dRN7RZt", "uri": "/contracts/6WS6dRN7RZt#operating-plan", "label": "Credit Agreement (Thermadyne Holdings Corp /De)", "score": 18.0, "published": true}], "snippet_links": [{"key": "agent-and-lenders", "type": "definition", "offset": [3, 20]}, {"key": "as-available", "type": "definition", "offset": [30, 42]}, {"key": "fiscal-year", "type": "definition", "offset": [103, 114]}, {"key": "annual-operating-plan", "type": "clause", "offset": [119, 140]}, {"key": "consolidating-basis", "type": "definition", "offset": [198, 217]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [228, 253]}, {"key": "statement-of", "type": "clause", "offset": [340, 352]}, {"key": "the-material", "type": "definition", "offset": [360, 372]}, {"key": "balance-sheets", "type": "clause", "offset": [436, 450]}, {"key": "income-statements", "type": "definition", "offset": [452, 469]}, {"key": "statements-of-cash-flows", "type": "clause", "offset": [474, 498]}, {"key": "following-year", "type": "definition", "offset": [507, 521]}, {"key": "gross-profits", "type": "definition", "offset": [550, 563]}, {"key": "operating-expenses", "type": "definition", "offset": [565, 583]}, {"key": "operating-profit", "type": "clause", "offset": [585, 601]}, {"key": "cash-flow-projections", "type": "definition", "offset": [603, 624]}, {"key": "borrowing-availability", "type": "definition", "offset": [629, 651]}, {"key": "on-the-same-basis", "type": "definition", "offset": [678, 695]}, {"key": "operating-results", "type": "definition", "offset": [735, 752]}, {"key": "in-the-case", "type": "clause", "offset": [771, 782]}, {"key": "good-faith-estimates", "type": "clause", "offset": [835, 855]}, {"key": "financial-performance", "type": "definition", "offset": [866, 887]}, {"key": "based-on", "type": "definition", "offset": [888, 896]}, {"key": "plans-for", "type": "clause", "offset": [936, 945]}, {"key": "capital-expenditures", "type": "definition", "offset": [957, 977]}], "size": 20, "hash": "0e8524db7aefa44c90530cb7bfb7eec6", "id": 5}, {"snippet": "\u200c The Director will establish and revise, as necessary, after consultation with the Concessioner, specific requirements for the operations of the Concessioner under this Contract in the form of an Operating Plan. The initial Operating Plan is attached to this Contract as Exhibit B.", "samples": [{"hash": "iaC5T0CzsK7", "uri": "/contracts/iaC5T0CzsK7#operating-plan", "label": "Concession Contract", "score": 33.4574203491, "published": true}, {"hash": "1DPIn5jXwXT", "uri": "/contracts/1DPIn5jXwXT#operating-plan", "label": "Concession Contract", "score": 33.373916626, "published": true}, {"hash": "aujVcCa2wlQ", "uri": "/contracts/aujVcCa2wlQ#operating-plan", "label": "Concession Contract", "score": 33.3200759888, "published": true}], "snippet_links": [{"key": "the-director", "type": "clause", "offset": [2, 14]}, {"key": "after-consultation-with", "type": "clause", "offset": [56, 79]}, {"key": "the-operations", "type": "clause", "offset": [124, 138]}, {"key": "contract-in-the", "type": "clause", "offset": [170, 185]}, {"key": "form-of", "type": "clause", "offset": [186, 193]}, {"key": "an-operating", "type": "clause", "offset": [194, 206]}, {"key": "initial-operating-plan", "type": "definition", "offset": [217, 239]}], "size": 10, "hash": "a98a23e749cde7502b4c34d390be64c2", "id": 6}, {"snippet": "2 Project...................................................... 2", "samples": [{"hash": "dYJ68j5Iwd9", "uri": "/contracts/dYJ68j5Iwd9#operating-plan", "label": "Property Management and Leasing Agreement (Education Realty Trust, Inc.)", "score": 18.0, "published": true}, {"hash": "2wEYfCZvPWL", "uri": "/contracts/2wEYfCZvPWL#operating-plan", "label": "Property Management and Leasing Agreement (Education Realty Trust, Inc.)", "score": 18.0, "published": true}, {"hash": "2Zt1iK4q2zj", "uri": "/contracts/2Zt1iK4q2zj#operating-plan", "label": "Property Management and Leasing Agreement (Education Realty Trust, Inc.)", "score": 18.0, "published": true}], "snippet_links": [], "size": 10, "hash": "3b2974ae616e43b4692a905e1e98f2ff", "id": 7}, {"snippet": "\u200c The Director, acting through the Superintendent, shall establish and revise, as necessary, specific requirements for the operations of the Concessioner under this Contract in the form of an Operating Plan (including, without limitation, a risk management program, that must be adhered to by the Concessioner). The initial Operating Plan is attached to this Contract as Exhibit A. The Director in his discretion, after consultation with the Concessioner, may make reasonable modifications to the initial Operating Plan that are in furtherance of the purposes of this Contract and are not inconsistent with the terms and conditions of the main body of this Contract.", "samples": [{"hash": "8mxIUadU23l", "uri": "/contracts/8mxIUadU23l#operating-plan", "label": "Concession Contract", "score": 33.7630996704, "published": true}, {"hash": "f4dhPz9KNOv", "uri": "/contracts/f4dhPz9KNOv#operating-plan", "label": "Concession Contract", "score": 32.081161499, "published": true}, {"hash": "9Dj0D9rfAdy", "uri": "/contracts/9Dj0D9rfAdy#operating-plan", "label": "Concession Contract", "score": 31.9532241821, "published": true}], "snippet_links": [{"key": "the-director", "type": "clause", "offset": [2, 14]}, {"key": "the-superintendent", "type": "clause", "offset": [31, 49]}, {"key": "the-operations", "type": "clause", "offset": [119, 133]}, {"key": "contract-in-the", "type": "clause", "offset": [165, 180]}, {"key": "form-of", "type": "clause", "offset": [181, 188]}, {"key": "an-operating", "type": "clause", "offset": [189, 201]}, {"key": "without-limitation", "type": "clause", "offset": [219, 237]}, {"key": "risk-management-program", "type": "clause", "offset": [241, 264]}, {"key": "initial-operating-plan", "type": "definition", "offset": [316, 338]}, {"key": "after-consultation-with", "type": "clause", "offset": [414, 437]}, {"key": "modifications-to-the", "type": "clause", "offset": [476, 496]}, {"key": "purposes-of", "type": "clause", "offset": [551, 562]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [611, 638]}, {"key": "main-body", "type": "clause", "offset": [639, 648]}], "size": 9, "hash": "e11d3fe32d8fa837e3d4a49b11df75e0", "id": 9}, {"snippet": "To Co-Agents and Lenders, as soon as available, but not later than 30 days after the end of each Fiscal Year, an annual operating plan for Borrower, approved by the Board of Directors of Borrower, for the following year, which will (i) include a statement of all of the material assumptions on which such plan is based, (ii) include quarterly balance sheets and a quarterly budget for the following Fiscal Year and (iii) integrate sales, gross profits, operating expenses, operating profit, cash flow projections and Borrowing Availability projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and facilities.", "samples": [{"hash": "cIVjwkrC6Ch", "uri": "/contracts/cIVjwkrC6Ch#operating-plan", "label": "Credit Agreement (Western Digital Corp)", "score": 18.0, "published": true}, {"hash": "aD0cHr7lHjo", "uri": "/contracts/aD0cHr7lHjo#operating-plan", "label": "Credit Agreement (Western Digital Corp)", "score": 18.0, "published": true}, {"hash": "8hsers6p2CS", "uri": "/contracts/8hsers6p2CS#operating-plan", "label": "Credit Agreement (Western Digital Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "agents-and-lenders", "type": "clause", "offset": [6, 24]}, {"key": "as-available", "type": "definition", "offset": [34, 46]}, {"key": "days-after", "type": "definition", "offset": [70, 80]}, {"key": "fiscal-year", "type": "definition", "offset": [97, 108]}, {"key": "annual-operating-plan", "type": "clause", "offset": [113, 134]}, {"key": "by-the-board-of-directors", "type": "clause", "offset": [158, 183]}, {"key": "following-year", "type": "definition", "offset": [205, 219]}, {"key": "statement-of", "type": "clause", "offset": [246, 258]}, {"key": "the-material", "type": "definition", "offset": [266, 278]}, {"key": "balance-sheets", "type": "clause", "offset": [343, 357]}, {"key": "quarterly-budget", "type": "clause", "offset": [364, 380]}, {"key": "gross-profits", "type": "definition", "offset": [438, 451]}, {"key": "operating-expenses", "type": "definition", "offset": [453, 471]}, {"key": "operating-profit", "type": "clause", "offset": [473, 489]}, {"key": "cash-flow-projections", "type": "definition", "offset": [491, 512]}, {"key": "borrowing-availability", "type": "definition", "offset": [517, 539]}, {"key": "on-the-same-basis", "type": "definition", "offset": [566, 583]}, {"key": "operating-results", "type": "definition", "offset": [623, 640]}, {"key": "in-the-case", "type": "clause", "offset": [659, 670]}, {"key": "good-faith-estimates", "type": "clause", "offset": [723, 743]}, {"key": "financial-performance", "type": "definition", "offset": [754, 775]}, {"key": "based-on", "type": "definition", "offset": [776, 784]}, {"key": "plans-for", "type": "clause", "offset": [824, 833]}, {"key": "capital-expenditures", "type": "definition", "offset": [845, 865]}], "size": 7, "hash": "87c42f067a43ef6f03c091a94cee0af7", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdvcGVyYXRpbmctcGxhbiMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["operating-equipment", "Operating Equipment"], ["location", "Location"], ["personnel-plan", "Personnel Plan"], ["", ""], ["operating-plan", "Operating Plan"]], "title": "Operating Plan", "parents": [["other-documents", "Other Documents"], ["miscellaneous", "Miscellaneous"], ["cross-guaranty", "Cross-Guaranty"], ["liability-cumulative", "Liability Cumulative"], ["no-strict-construction", "No Strict Construction"]], "size": 506, "id": "operating-plan", "related": [["annual-operating-plan", "Annual Operating Plan", "Annual <strong>Operating Plan</strong>"], ["operating-budget", "Operating Budget", "Operating Budget"], ["operating-budgets", "Operating Budgets", "Operating Budgets"], ["budget", "Budget", "Budget"], ["annual-operating-budget", "Annual Operating Budget", "Annual Operating Budget"]], "related_snippets": [], "updated": "2025-07-24T04:27:57+00:00", "also_ask": ["What minimum details must the Operating Plan include to ensure enforceability?", "How can parties negotiate flexibility versus control in Operating Plan provisions?", "What are the most common pitfalls or ambiguities in Operating Plan clauses?", "How do courts typically interpret and enforce Operating Plan obligations?", "How does this Operating Plan clause compare to industry standards or statutory requirements?"], "drafting_tip": "Specify required contents, set submission deadlines, and outline approval procedures to ensure clarity, timely compliance, and effective oversight.", "explanation": "The Operating Plan clause defines the procedures and guidelines for how a business or project will be managed and operated on a day-to-day basis. It typically outlines responsibilities, decision-making processes, reporting requirements, and operational milestones that must be met. For example, it may specify who is responsible for preparing annual budgets, how performance will be monitored, or how changes to operations are approved. The core function of this clause is to ensure all parties have a clear understanding of operational expectations, thereby reducing misunderstandings and promoting efficient management."}, "json": true, "cursor": ""}}