Financial Performance Projections definition

Financial Performance Projections means (i) the projected consolidated balance sheets, statements of income, cash flows, and stockholder’s equity of the Parent and its Subsidiaries, (ii) the projected Borrowing Base and (iii) Excess Availability forecasts, in each case, prepared by management of the Parent and in form and substance reasonably satisfactory to the Agent.

Financial Performance Projections means (i) the projected consolidated balance sheets, statements of income, and cash flows of the Lead Borrower and its Restricted Subsidiaries, (ii) the projected FILO Borrowing Base and Tranche A Borrowing Base and (iii) Availability forecasts, in each case, prepared by Holdings and the Lead Borrower (x) on a monthly basis for the 2012 Fiscal Year and (y) on an annual basis for each of the 2013, 2014 and 2015 Fiscal Years.

Financial Performance Projections means the projected Consolidated statements of income or operations and cash flows of Parent and its Subsidiaries, the ABL Borrowing Base, the Term Loan Borrowing Base, and the ABL Excess Availability, in each case prepared by management of Parent and in form and substance reasonably satisfactory to each Agent and the Required Lenders.

Examples of Financial Performance Projections in a sentence

• The Arrangers shall have received (i) the Pro Forma Financial Statements, and (ii) the Financial Performance Projections.

• The Administrative Agent and the FILO B Documentation Agent shall have received the Financial Performance Projections.

• Each Agent shall be reasonably satisfied that the Audited Financial Statements, the Interim Financial Statements and Financial Performance Projections, delivered to it fairly present the business and financial condition of the Loan Parties in all material respects.

• The Lenders shall have received (i) the financial statements of the Parent and its Subsidiaries referred to in Section 5.01, and (ii) Financial Performance Projections for the first year following the Closing Date and for each year thereafter through the Fiscal Year ending on or around February 4, 2028.

• The Administrative Agent shall have received (i) Audited Financial Statements; (ii) unaudited financial statements (including an income statement and a balance sheet) for the Fiscal Quarter ended October 31, 2020 (the “ Interim Financial Statements”), and (iii) the Financial Performance Projections for the Fiscal Year following the Effective Date (on a monthly basis) and for each Fiscal Year thereafter through the 2024 Fiscal Year (on an annual basis).

More Definitions of Financial Performance Projections

Financial Performance Projections means the projected Consolidated balance sheets and the related Consolidated statements of income or operations and cash flows of the Lead Borrower and its Subsidiaries, in each case prepared by management of the Borrowers and in form and substance reasonably satisfactory to the Administrative Agent.

Financial Performance Projections means (a) the projected consolidated balance sheets, statements of operations and cash flows of Holdings and its Subsidiaries, and (b) projected forecasts of Availability, the Revolving Borrowing Base, the FILO A Borrowing Base and the FILO B Borrowing Base, in each case, (i) prepared by management of Holdings and in form and with results and assumptions reasonably satisfactory to the Administrative Agent and (ii) prepared for each fiscal month, including the fiscal month which includes the Closing Date through the fiscal month ending on or about June 30, 2024, and in each case, giving effect to the Transactions.

Financial Performance Projections means (i) the projected Consolidated balance sheets, statements of income, cash flows, and stockholders’ equity of the Lead Borrower and its Subsidiaries, (ii) the projected Borrowing Base and (iii) Excess Availability forecasts, in each case, prepared by management of the Lead Borrower and in form reasonably satisfactory to the Administrative Agent (w) as of the Closing Date, (x) on a monthly basis for the twelve full Fiscal Months ended after the Closing Date, (y) in the case of the financial statements required pursuant to clause (i) above, on an annual basis through the second anniversary of the Closing Date and (z) giving effect to the Transactions.

Financial Performance Projections shall have the meaning provided in the ABL Credit Agreement.

Financial Performance Projections means (a) the projected Consolidated balance sheets, statements of income and cash flows of Holdings and its Restricted Subsidiaries, and (b) projected forecasts of Excess Availability, in each case, prepared by management of Holdings, in form, and with results and assumptions, reasonably satisfactory to the Arrangers (i) for each Fiscal Quarter for each of the four Fiscal Quarters following the Closing Date, and (ii) on an annual basis thereafter through the fifth anniversary of the Closing Date, and in each case, giving effect to the Transactions.

Financial Performance Projections means (a) the projected Consolidated balance sheets, statements of income and cash flows of the Borrower and its Subsidiaries, (b) the projected Revolving Credit Borrowing Base and Term Borrowing Base and (c) Availability forecasts, in each case, prepared by management of the Borrower and in form reasonably satisfactory to the Agent, in each case, giving effect to the Transactions.

Financial Performance Projections means the projected Consolidated statements of income or operations and cash flows of Parent and its Subsidiaries, the ABL Borrowing Base, the Term Loan Borrowing Base, the ABL Excess Availability, and a breakout of Express JV- and Bonobos- related profits and losses, in each case, through the second Fiscal Quarter of the 2024 Fiscal Year (on a monthly basis) and for the remainder of the 2024 Fiscal Year (on a quarterly basis), and in each case prepared by management of Parent and in form and substance reasonably satisfactory to each Agent.