Pro Formas. Set forth on Exhibit B is the current estimated sources and uses of funds in connection with the Contribution Agreement, the Debt and Preferred Equity Financing and the consummation of the Transactions, which reflect the current assumptions regarding the sources and uses of funds for such purposes, and Merger Sub shall notify the Special Committee of any material changes in such estimated sources and uses of funds.
Pro Formas. Guarantor has heretofore furnished to the Lessor its pro forma consolidated balance sheet as of December 31, 2000 and projected pro forma statements of operations and cash flows for the fiscal year ended December 31, 2001. Such projected pro forma consolidated balance sheets and statements of operations and cash flows (i) have been prepared in good faith based on the same assumptions used to prepare the pro forma financial statements (which assumptions are believed by Lessee and Guarantor to be reasonable), (ii) are based on the best information available to Lessee and Guarantor after due inquiry, (iii) present fairly, in all material respects, the pro forma financial position of Lessee and Guarantor as of such date and for such periods.
Pro Formas. The applicant must provide a detailed development and operating pro forma. The development pro forma must outline the proposed hard, soft, and financing costs associated with the proposed development. It must also identify all sources of financing and terms including the applicant’s equity, construction, and permanent financing and any government assistance. The detailed operating pro forma shall include all anticipated major revenues and expenses for the full term of the requested PILOT.
Pro Formas. The Pro Formas.
Pro Formas. Borrower has furnished to Lender, (i) profit and loss statements and cash flow projections for each Reporting Period after the Closing through December 21, 2003, and (ii) balance sheets, profit and loss statements and cash flow projections reflected annually for the next five (5) Fiscal Years, including the Fiscal Year 1999, all certified by the Chief Executive Officer or a Vice President of Borrower and (except as stated above), based on Generally Accepted Accounting Principles, and on financial data as of the Effective Date, and which are attached hereto as Schedule 7.11 (the "Pro Formas"). The Pro Formas are complete and accurate, and fairly present Borrower's assets, liabilities and financial condition, on the bases described above, as of the Effective Date, but taking into account the transactions contemplated by this Agreement and those contemplated as of the Effective Date under the other Loan Documents. There are no omissions from the Pro Formas or other facts and circumstances not reflected in the Pro Formas which are or may be material.
Pro Formas. The Disclosure Schedule contains pro forma operating statements for the applicable Mall for its first year of operation on a monthly basis and each year, on a yearly basis, during the period ending on the date that is 3 years after the anticipated opening of such Mall.
Pro Formas. Purchaser shall have received current pro forma operating statements for the applicable Mall as of a date not earlier than 30 days prior to the initial purchase of the applicable series of Preferred Shares in form and substance satisfactory to Purchaser.
Pro Formas. The Borrower has furnished to the Lender copies of (A) the unaudited pro forma combined balance sheet of the Borrower and its Subsidiaries as at March 31, 1997 and the related statements of income for the periods covered thereby based on the balance sheets described in the preceding clause (i) and prepared in accordance with GAAP, with only such adjustments thereto as would be required in accordance with GAAP; and (B) Schedules of Add-Backs of the Borrower and its Subsidiaries for the calendar years 1994, 1995 and 1996 and calendar quarters ending March 31, 1996, June 30, 1996, September 30, 1996, December 31, 1996, March 31, 1997 and June 30, 1997 based on the balance sheets described in the preceding clause (i) and prepared in accordance with GAAP, with only such adjustments thereto as would be required in accordance with GAAP.
Pro Formas. The pro forma financial statements of the Company and its consolidated subsidiaries and the related notes thereto in the Prospectus (and any supplement thereto), if any, have been prepared on a basis consistent with the historical financial statements of the Company and its consolidated subsidiaries, give effect to the assumptions used in the preparation thereof on a reasonable basis and in good faith and present fairly the transactions purported to be presented. Such pro forma financial statements have been prepared in accordance with the applicable requirements of Rule 11-02 of Regulation S-X promulgated by the Commission. The other pro forma financial and statistical information and data incorporated by reference in the Prospectus (and any supplement thereto) are, in all material respects, accurately presented and prepared on a basis consistent with the pro forma financial statements.
Pro Formas. Promptly upon their becoming available, but in no event later than 60 days after the Closing Date, the pro forma consolidated balance sheets of Company and its Subsidiaries as of the Closing Date, prepared in accordance with GAAP and reflecting the consummation of the transactions contemplated by the Credit Documents to occur on or prior to the Closing Date and the Restructuring Transactions, which pro forma financial statements shall be in form and substance satisfactory to Administrative Agent and Requisite Lenders.
