Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule 3.4(b) was prepared by Borrower giving pro forma effect to the Related Transactions, was based on the unaudited balance sheet of Borrower dated August 31, 2003, and was prepared in accordance with GAAP, with only such adjustments thereto as would be required in accordance with GAAP.
Pro Forma. Provide a detailed five year pro forma, including projections for revenues and expenses.
Pro Forma. All components of financial calculations made to determine compliance with Article V shall be adjusted on a Pro Forma Basis to include or exclude, as the case may be, without duplication, such components of such calculations attributable to any Pro Forma Transaction consummated after the first day of the applicable period of determination and prior to the end of such period, as determined in good faith by the Borrower based on assumptions expressed therein and that were reasonable based on the information available to the Borrower at the time of preparation of the Compliance Certificate setting forth such calculations.
Pro Forma. A consolidated pro forma balance sheet of the Company as at the Closing Date, adjusted to give effect to the consummation of the Related Transactions and the financings contemplated hereby as if such transactions had occurred on such date, consistent in all material respects with the sources and uses of cash as previously described to the Lenders and the forecasts previously provided to the Lenders.
Pro Forma. Notwithstanding anything to the contrary contained herein, financial ratios and tests (including the Consolidated Fixed Charge Coverage Ratio and the amount of Consolidated Total Assets) pursuant to this Agreement shall be calculated in the manner prescribed by the definition of “Pro Forma Basis.”
Pro Forma. All components of financial calculations made to determine compliance with Article 5 and calculation of Borrowing Base or other similar components, shall be adjusted on a Pro Forma Basis to include or exclude, as the case may be, without duplication, such components of such calculations attributable to any Pro Forma Transaction consummated after the first day of the applicable period of determination and prior to the end of such period, as determined in good faith by Borrowers based on assumptions expressed therein and that were reasonable based on the information available to Borrowers at the time of preparation of the Compliance Certificate setting forth such calculations.
Pro Forma. Copies of the Pro Forma in form and substance satisfactory to Agent.
Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as DISCLOSURE SCHEDULE 3.4(B) was prepared by Borrower giving PRO FORMA effect to the Related Transactions, was based on the unaudited consolidated balance sheet of Borrower and its Subsidiaries dated as of September 30, 2004, and was prepared in accordance with GAAP, with only such adjustments thereto as would be required in accordance with GAAP.
Pro Forma. The Pro Forma is attached as Exhibit “C”. Borrower and the Borrower-Related Parties shall not make, consent to, approve, adopt or vote in favor of any modification, amendment, supplement, or other change to the Pro Forma without Lender’s prior written consent, which may be given or withheld in Lender’s sole discretion. Borrower shall cause aggregate Lot sales to occur at least by the dates forth for Lot sales in the Pro Forma.
Pro Forma. The Pro Forma delivered on the date hereof and attached hereto as Disclosure Schedule (4.4(b)) was prepared by Holdings giving pro forma effect to the Loans, was based on the unaudited consolidated balance sheets of Holdings.
