2003 Business Plan definition
Examples of 2003 Business Plan in a sentence
Notwithstanding the foregoing, the 2003 Business Plan attached hereto as Exhibit H (the "Business Plan") provided to each of the Purchasers was prepared by the management of the Company in a good faith effort to describe the Company's presently proposed business and products and the markets therefor.
Attached hereto as Schedule 4.34 is a true and complete copy of the Company's business plan for the fiscal year 2003 reported to the Board of Directors on May 9, 2003 (the "2003 Business Plan").
The 2003 Business Plan has not been modified or amended in any way, and no modification or amendment has been proposed to the Board of Directors, or in the reasonable judgment of the Company, should be proposed to the Board of Directors or otherwise made.
The Borrower shall deliver to the Agent and the Lenders, by January 10, 2003, a business plan for 2003 (the "2003 Business Plan"), prepared by management and the Borrower's Consultant (as defined in Section 5.17 hereof), for the future operation and conduct of the business, including a plan to deal with the indebtedness owed to the Lenders.
The definition of "Business Plan" is amended in its entirety to read as follows: Business Plan means the business plan of the Company which was delivered by the Company to the Agent on February 14, 2003; provided that, with respect to financial reports relating to the periods prior to 2003, "Business Plan" means the Business Plan of the Company dated March 20, 2002 which was delivered by the Company to the Agent.
The 2003 Business Plan shall include monthly forecasts as to cash flow and collateral levels, as well as proforma profit and loss statements and balance sheets for the next twelve months.