Operating Forecast definition

Operating Forecast with respect to any Person and any period, a detailed consolidated operating forecast for such Person and its consolidated Subsidiaries for such period (including a projected consolidated balance sheet of such Person and its consolidated Subsidiaries as of the end of such period, the related consolidated statements of projected cash flow and projected income and a description of the underlying assumptions applicable thereto).

Operating Forecast the monthly operating forecast of the income statement and balance sheet of the MLP and its consolidated Subsidiaries in form and substance satisfactory to the Administrative Agent, as updated from time to time pursuant to Section 7.1(e).

Operating Forecast means the consolidated business plan and projected operating budget previously delivered to the Agent.

Examples of Operating Forecast in a sentence

• The Administrative Agent shall have received satisfactory Operating Forecast of the Borrower through December 31, 2017.

• POST-CLOSING COVENANTS OF THE PURCHASER 7 5.1 Information and Reports to be Furnished 7 5.2 Budget and Operating Forecast 8 5.3 Notice of Litigation, Defaults, etc.

• The Borrower shall not enter into or become a party to any agreement, contract or loan commitment other than (a) the Transaction Documents, (b) agreements, contracts or loan commitments expressly contemplated or permitted by the Transaction Documents, (c) agreements or contracts in the ordinary course of business that are not otherwise prohibited by the Transaction Documents or (d) as contemplated by the Project Budget, Project Milestone Schedule, the Operating Plan or the Operating Forecast.

• The Borrower shall not be liable for, absent a Change of Law, any material tax liability in connection with the Project or the other transactions contemplated by the Transaction Documents that is not specifically reflected in the Base Case Projections as in effect on the Financial Closing Date and in the Project Budget or as reflected in the assumptions in the then applicable Operating Forecast, as the case may be.

• It is understood that the JSC will modify and update the Operating Forecast annually in connection with the procedure for amending and updating the Operating Plan/Budget under Sections 4.2(c) and 4.2(d) below.

More Definitions of Operating Forecast

Operating Forecast. The periodic forecast prepared by the Borrower (on an aggregate and month-by-month basis) in connection with the operation of the Project, and delivered from time to time pursuant to Section 6.1(j)(ii) of the Common Agreement, which (i) shall be the Borrower’s good faith projections at such time taking into account all facts and circumstances then existing and assumptions believed by the Borrower to be reasonable on the date made, reasonable estimates of all Operating Revenues reasonably expected to be received and all Operating Costs (by category) and Capital Expenditures reasonably expected to be incurred, (ii) shall reflect Debt Service due during each period, and pro forma Cash Available for Debt Service projections for each period, (iii) shall include such other information as may be reasonably requested by the Loan Servicer or the Lender’s Engineer, and (iv) shall be prepared on a basis consistent from period to period, and consistent with the Operating Plan, in sufficient detail to permit meaningful comparisons, and shall include a statement of the assumptions on which it is based.

Operating Forecast means a business plan and projected operating budget for the Company and its Subsidiaries, for the remainder of 2009, broken down by month, including income statements, balance sheets, cash flow statements, projected capital expenditures, asset sales, cost savings and head count reductions, targeted facility closures, targeted facility idlings and other milestones, a line item for total available liquidity for the period covered thereby and setting forth the anticipated uses of the Facilities for such period.

Operating Forecast means, with respect to Fiscal Year 2009, the operating forecast submitted pursuant to Section 6.04(c) and, with respect to Fiscal Year 2010, the operating forecast submitted pursuant to Section 6.04(d), as amended from time to time to account for any material adjustments to the anticipated date of the Company’s emergence from bankruptcy.”

Operating Forecast. The periodic forecast prepared by the Borrower (on an aggregate and month-by-month basis) in connection with the operation of the Project, and delivered from time to time pursuant to Section 6.1(r), which (i) shall be the Borrower’s good faith projections at such time taking into account all facts and circumstances then existing and assumptions believed by the Borrower to be reasonable on the date made, complete, fair and accurate estimates of all Operating Revenues reasonably expected to be received and all Operating Costs (by category) reasonably expected to be incurred, (ii) shall reflect Debt Service due during each period, and pro forma Cash Flow Available for Debt Service projections for each period, (iii) shall include such other information as may be reasonably requested by DOE or the Lenders’ Engineer, and (iv) shall be prepared on a basis consistent from period to period, and consistent with the Operating Plan, in sufficient detail to permit meaningful comparisons, and shall include a statement of the assumptions on which it is based.

Operating Forecast shall have the meaning provided in Section 6.22(b) and be in form and substance reasonably satisfactory to the Required Lenders.

Operating Forecast means the projection of expenditures, revenues, staffing levels, and service levels for three years beyond the Operating Budget approval year.

Operating Forecast means the projection of expenditures, revenues and staffing levels beyond the Approved Annual Budget year in which the forecast is made.