Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each of Borrower's fiscal years commencing with fiscal year 2001, a month by month projected operating budget and cash flow of Borrower on a consolidated or consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's President or President and/or Chief Financial Officer to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Oil & Gas Revolving Credit and Term Loan Agreement (Transtexas Gas Corp)
Projected Operating Budget. Furnish Agent, no later than thirty sixty (3060) days prior to the beginning of each of Borrower's fiscal years commencing with fiscal year 20012002, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter) ("Projections"), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared. In addition, Borrowers shall furnish Agent, no later than February 28, 2001, such Projections for fiscal year 2001.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Bentley Systems Inc)
Projected Operating Budget. Furnish Agent, no later less than thirty (30) days prior to the beginning of each of Borrower's ’s fiscal years commencing with fiscal year 20011998, a month by month projected operating budget and cash flow of Borrower on a consolidated or consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter) (the “Operating Budget”), such projections to be accompanied by a certificate signed by Borrower's President the Chairman of the Board or President and/or Chief Financial Officer of Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets (to the extent applicable) and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Eos International Inc)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than thirty (30) days prior to after the beginning end of each of Borrower's ’s fiscal years commencing with the fiscal year 2001ended January 31, 2013, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or consolidating basis for such fiscal year on a monthly and annual basis (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Valuevision Media Inc)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each of Borrower's fiscal years commencing with fiscal year 20011999, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's President or President and/or the President, Chief Financial Officer or Chief Accounting Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Semx Corp)
Projected Operating Budget. Furnish Agent, no later than thirty -------------------------- (30) days after the beginning of Borrowers' fiscal year 2003 and no later than thirty (30) days prior to the beginning of each of Borrower's fiscal years commencing with fiscal year 20012004, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or consolidating basis and an operating segment analysis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quartermonth), such projections budget to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of AMC to the effect that such projections budget have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were budget was prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Air Methods Corp)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each fiscal year of Borrower's fiscal years the Borrowers commencing with the fiscal year 2001ending December 31, 2011, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the Chief Executive Officer, President or President and/or Chief Financial Officer of Borrowing Agent to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Zanett Inc)
Projected Operating Budget. Furnish Administrative Agent, no later than thirty (30) days prior to after the beginning of Holdings and each of Borrower's fiscal years commencing with fiscal year 20012004, a month quarter by month quarter projected operating budget and cash flow of Borrower Holdings and its Subsidiaries on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month quarter and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of Holdings and each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Comforce Corp)
Projected Operating Budget. Furnish Agent, no later less than thirty (30) days prior to the beginning of each of Borrower's fiscal years commencing with fiscal year 20011999, a month by month projected operating budget and cash flow of Borrower on a consolidated or consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter) (the "Operating Budget"), such projections to be accompanied by a certificate signed by Borrower's President the Chairman of the Board or President and/or Chief Financial Officer of Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets (to the extent applicable) and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Dreamlife Inc)
Projected Operating Budget. Furnish Administrative Agent, no later than thirty (30) days prior to after the beginning of Holdings and each of Borrower's ’s fiscal years commencing with fiscal year 20012004, a month quarter by month quarter projected operating budget and cash flow of Borrower Holdings and its Subsidiaries on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month quarter and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of Holdings and each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Comforce Corp)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each of Borrower's fiscal years Borrowers' Fiscal Years commencing with fiscal year 2001Fiscal Year 2000, a month by month projected operating budget and cash flow of Borrower Borrowers and their Subsidiaries on a consolidated or and consolidating basis for such fiscal year Fiscal Year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of the Borrowing Agent to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Pietrafesa Corp)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than thirty (30) days prior to after the beginning end of each of Borrower's ’s fiscal years commencing with the fiscal year 2001ended January 31, 2016, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or consolidating basis for such fiscal year on a monthly and annual basis (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Term Loan Credit and Security Agreement (EVINE Live Inc.)
Projected Operating Budget. Furnish Agent, no later than thirty fifteen (3015) days prior to the beginning of each of Borrower's ’s fiscal years commencing with fiscal year 20012011, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter)) in substantially final form, such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Merisel Inc /De/)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than thirty (30) days prior to after the beginning of each of Borrower's fiscal years commencing with fiscal year 2001, of Pac-Van during the Term a month by month projected operating budget and cash flow of Borrower Pac-Van and its Subsidiaries on a consolidating and consolidated or consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of Pac-Van to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (General Finance CORP)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each of Borrower's Borrowers' fiscal years year commencing with the fiscal year 2001beginning January 1, 2000, a month by month-by-month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (HMG Worldwide Corp)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to following the beginning of each of Borrower's ’s fiscal years commencing with fiscal year 20012012, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or consolidating basis Consolidated Basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of Borrowing Agent on behalf of Borrowing Agent to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Hutchinson Technology Inc)
Projected Operating Budget. Furnish Agent, Agent no later than thirty forty-five (3045) days prior to after the beginning of each of Borrower's fiscal years year commencing with fiscal year 20012012, a month by month-by-month projected operating budget and cash flow of Borrower Holdings and its Subsidiaries on a consolidated or Consolidated Basis, together with consolidating basis schedules for each Subsidiary of Holdings, for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's President or President and/or Chief Financial a Responsible Officer to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer a Responsible Officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Sypris Solutions Inc)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each of Borrower's fiscal years commencing with its fiscal year 2001beginning May 1, 2000, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Projected Operating Budget. Furnish AgentAdministrative Agent and Lenders, no later than thirty (30) days prior to after the beginning of each of Borrower's ’s fiscal years year, commencing with fiscal year 20012011, a month by month projected operating budget and cash flow of Borrower Borrowers on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of each Borrower to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Skullcandy, Inc.)
Projected Operating Budget. Furnish Agent, no later than thirty (30) days prior to the beginning of each end of Borrower's ’s fiscal years commencing with fiscal year 2001ending 2011, a month by month projected operating budget and cash flow of Borrower on a consolidated or consolidating basis for such the immediately succeeding fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarterquarter and projected Capital Expenditures), such projections to be accompanied by a certificate signed by Borrower's the President or President and/or Chief Financial Officer of Borrower to the effect that such projections have been approved by Borrower’s board of directors and prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Goodman Networks Inc)
Projected Operating Budget. Furnish AgentAgent and Lenders, no later than thirty (30) days prior to after the beginning of each of Borrower's Borrowers’ fiscal years commencing with fiscal year 2001year, a month by month projected operating budget and cash flow of Borrower Borrowers and their Subsidiaries on a consolidated or and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by Borrower's President or President and/or the President, Chief Financial Officer, Chief Accounting Officer or Treasurer of Borrowing Agent to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Empeiria Acquisition Corp)