Closing Date Budget definition

Closing Date Budget has the meaning assigned to such term in Section 2.1(m).
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Closing Date Budget means the final budget, in form and substance reasonably acceptable to Avenue Capital in its sole discretion that provides for identifiable cost cuts and cost savings, delivered by the Company to Avenue Capital no later than two (2) Business Days prior to the Effective Date.
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Closing Date Budget shall have the meaning given such term in Section 4.01(l).
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Examples of Closing Date Budget in a sentence

  • The Purchasers shall have completed a business due diligence investigation of the Company, Parent and the respective Subsidiaries of the Company and Parent (including, without limitation, satisfactory review of the Closing Date Budget) satisfactory to the Purchasers in their sole discretion.

  • Parent and its Subsidiaries shall not permit any reduction of the Gross Revenue, calculated as of the last day of the most recent fiscal quarter of Parent for which financial statements were required to have been furnished to Lender pursuant to Section 7.02(b), to exceed [***] of the amount of Gross Revenue projected to be achieved in the Closing Date Budget.

  • No later than two (2) Business Days prior to the date hereof, the Purchasers shall have received from the Company (i) a final budget (the "Closing Date Budget") in form and substance reasonably acceptable to Avenue Capital in its sole discretion that provides for identifiable cost cuts and cost savings, and (ii) a Six-Month Budget for the period commencing from the first day of the fourth Fiscal Quarter of the 2008 Fiscal Year.

  • On the Closing Date, the Closing Date Budget represents, and as of the date on which any other Budget is delivered to Agent, such additional Budget represents Borrower's good faith best estimate of its and its Subsidiaries future performance for the periods covered thereby.

  • Further, except as required in this Agreement, prior to the Closing Date, Budget will take no action to authorize the issuance of any options, warrants, stock rights, stock dividends, or any securities convertible into common stock of Budget.

  • The Agent shall have received a weekly budget ("Closing Date Budget") for the Global Entities for the period from the Closing Date through the sixth full week after the Closing Date.

  • The Closing Date Budget shall be satisfactory in form and substance to the Agent and shall set forth, among other things, projected Total Commitment Usage for each week.

Related to Closing Date Budget

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit G-1.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Approved Budget means an annual budget-

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).