Company Budget definition

Company Budget means the annual operating budget of the Company for the year ending December 31, 2017, described on Section 1.1(b) of the Company Disclosure Letter.

Company Budget means, with respect to the six-month period ending June 30, 2019, the capital expenditure budget for the Company and its Subsidiaries set forth in Section 1.1(a) of the Company Disclosure Letter, as it may be amended, supplemented or otherwise modified from time to time pursuant to the terms and conditions set forth in this Agreement, or the Post-Closing Budget as may be adopted or amended, supplemented or otherwise modified by the Company Board from time to time following the Closing pursuant to the terms and conditions of the Investor Rights Agreement.

Company Budget means the Company budget and plan for 2018, together with monthly budgets and plans based thereon, as attached as Schedule 1.1 of the Company Disclosure Letter;

Examples of Company Budget in a sentence

• The Company shall not, nor shall it permit any of its Subsidiaries to, make any capital expenditures or commitments other than (i) as required by applicable law, (ii) capital expenditures incurred in connection with the repair or replacement of facilities destroyed or damaged due to casualty or accident (whether or not covered by insurance), and (iii) other capital expenditures in excess of 110% of the aggregate amount provided for such purposes in the Company Budget.

• Within thirty (30) days after receipt of the proposed Current Company Budget and Plan, the Board of Managers shall approve, reject or comment upon the proposed Current Company Budget and Plan and the parties shall endeavor to resolve all differences within fifteen (15) days thereafter.

• Modified Net Income Attributable to Company (Budget) Modified Net Income Attributable to Company (Budget) is calculated as pretax profit from the System of Record less estimated effective tax rate and non-controlling interest.

• If audited financial statements have never been prepared due to the size or newness of an organization, the Applicant must provide, at a minimum, an Company Budget, an Income Statement (or Profit and Loss Statement), and a Balance Sheet certified by an authorized representative of the organization, and any letters, filings, etc.

• The Board of Managers may at anytime and for any reason amend the Current Company Budget and Plan.

More Definitions of Company Budget

Company Budget means the budget prepared by the Company and provided to the Guarantor on September 12, 2021.

Company Budget means the draft budget of the Company for 2023 attached to the Company Disclosure Letter;

Company Budget means, in respect of the 2021 fiscal year, the annual budget of the Company attached as Schedule 4.1(b) of the Company Disclosure Letter and, in respect of the 2022 fiscal year, the annual forecast of the Company attached as Schedule 4.1(b) of the Company Disclosure Letter.

Company Budget shall have the meaning set forth in Section 8.2(b).

Company Budget means a budget of the Company prepared in good faith by the management of the Company prior to an Interest Payment Date showing in reasonable detail the estimated cash receipts and cash disbursements of the Company and its Subsidiaries on a monthly basis for each calendar month during the six months commencing on the first day of the calendar month in which such Interest Payment Date occurs, which budget is approved by the board of directors of the Company.

Company Budget has the meaning set forth in Section 5.1(a).

Company Budget means a detailed 12-month budget for calendar year 2012 for the Company, including pre-Merger and post-Merger operation of the Company, which covers with specificity the exploration, development, management and operation of the Company’s properties and the detailed budget relating to such activities, prepared by the Company and approved by the Board of Directors of the Company and Purchaser.