Initial Budget definition
Initial Budget has the meaning set forth in Section 7.11(a).
Initial Budget shall have the meaning set forth in Section 5.5.
Initial Budget has the meaning specified in Section 4.01(h).
Examples of Initial Budget in a sentence
The Board shall operate or cause to be operated the Company in accordance with the Initial Budget, as it may thereafter be amended, modified, or replaced in accordance with Section 7.11(b) (as so amended, modified, or replaced and in effect from time to time, the “Budget”).
More Definitions of Initial Budget
Initial Budget means the budget of the Company and its Subsidiaries containing budgets for revenue, operating expenses, and a capital expenditure budget for the Fiscal Years from 2025 to 2031 (inclusive) and that is attached hereto as Exhibit A.
Initial Budget has the meaning given to such term in Section 7.4(a).
Initial Budget shall have the meaning assigned to such term in Section 3.1(j).
Initial Budget means the initial budget of the Group as attached as Schedule 7 (Initial Budget)
Initial Budget has the meaning specified therefor in the Second Amendment.
Initial Budget means the initial 13-week consolidated weekly operating budget of the Borrower and its Subsidiaries setting forth projected operating receipts, vendor disbursements, net operating cash flow and Liquidity for the periods described therein prepared by management of the Borrower, covering the period commencing on or about the Amendment No. 3 Effective Date in form and substance acceptable to the Required Lenders.
Initial Budget means a cash flow forecast of receipts and disbursements containing usual and customary line items and reporting requirements for debtor in possession financings of this type, weekly outstanding principal balance of the Loans, projected liquidity of the Debtors, and projected intercompany loans or cash advances or transfers from Debtors to non-Debtor subsidiaries for the period from the Closing Date through the end of such 13-week period, in form and substance reasonably acceptable to the Requisite Lenders in their sole discretion, a copy of which is attached as Exhibit O.