Initial Projections definition

Initial Projections means those financial projections covering the Fiscal Years ending in 2008 through 2013, delivered to the Administrative Agent by Borrower prior to the date hereof and attached hereto as Exhibit J.

Initial Projections means those financial projections, dated December 4, 2009, covering the Fiscal Years ending in 2009 through 2015 and delivered to the Purchasers by the Issuer prior to the date hereof.

Initial Projections has the meaning specified in Section 4.01(a)(xii).

Examples of Initial Projections in a sentence

• Plaintiff contends that the Proxy is materially misleading because it omits projected earnings from acquisitions that were considered by the Board at the same time that the Initial Projections and the November Estimate Range were presented (on November 6, 2017 and November 21, 2017, respectively).

• Mr. Witmer then presented the 2007 Officer of the Year Award to Officer Lisa Gehr.

• See Savor, 812 A.2d at 897 (“[T]he Court must draw all reasonable inferences in favor of the non-moving party”).The omission of the acquisition projections from the Initial Projections and the November Estimate Range is compounded by the Proxy’s description of the Initial Projections.

• The Proxy contains four sets of projections: (1) the Initial Projections (disclosing projected adjusted EBITDA of $275 million for 2018, among other projections); (2) the November Estimate Range (projecting EBITDA of $240–$280 million for 2018);(3) the Preliminary 2018 Plan (projecting $260 million in adjusted EBITDA for 2018); and (4) the Revised Projections (projecting $240–$250 million in adjusted EBITDA).192 In each case, the Proxy disclosed the Company’s projected earnings without acquisitions.

• The Proxy is misleading because the Initial Projections were not generated in “the Summer of 2017”—they were prepared in November 2017 and compared to projections made in July 2017.

More Definitions of Initial Projections

Initial Projections shall have the meaning given to such term in Section 3.5(b).

Initial Projections means the financial forecast for the Group Members prepared by or on behalf of Borrower’s management and dated as of the date of the Original Credit Agreement demonstrating on a quarterly basis for the first twelve months after the date of the Original Credit Agreement, and on an annual basis thereafter, compliance with all financial covenants on a pro forma basis.

Initial Projections means the financial projections presented to the Administrative Agent and the Lenders on June 3, 2010, with respect to NMHG Holding and its Subsidiaries delivered by NMHG Holding to the Administrative Agent on or prior to the Closing Date, attached as Exhibit J hereto.

Initial Projections has the meaning assigned to such term in Section 5.10.

Initial Projections means those financial Projections, dated June 1, 2007, covering the Fiscal Years ending in 2007 through 2010 and delivered to the Administrative Agent by the Borrowers prior to the date hereof.

Initial Projections shall have the meaning set forth in Section 5.5(b) hereof.

Initial Projections means, collectively, the following (in each case, for Holdings and its Subsidiaries on a Consolidated basis giving effect to the Acquisition): (i) income statement projection (assuming no share redemptions) by quarter from March 31, 2007 through December 31, 2009 (with columns for full year totals and additional lines below net income showing projected depreciation expense, amortization expense, EBITDA, capital expenditures, lease expense (facility), equipment lease payments, principal payments on the Term Loan, and interest payments on the Term Loan); (ii) balance sheet projection (assuming no share redemptions) by quarter from March 31, 2007 through December 31, 2009; (iii) itemized list of payments to be made at closing of the Acquisition (e.g., FTN fees, loan facility fee, ticking fee (Acquisition Agreement Section 12.1(a)), audit fees and costs (Acquisition Agreement Section 6.23), preparation of proxy (Acquisition Agreement Section 6.18), etc.); (iv) income statement projection (assuming maximum share redemptions) by quarter from March 31, 2007 through December 31, 2009 (with columns for full year totals and additional lines below net income showing projected depreciation expense, amortization expense, EBITDA, capital expenditures, lease expense (facility), equipment lease payments, principal payments on the Term Loan, and interest payments on the Term Loan); and (v) balance sheet projection (assuming maximum share redemptions) by quarter from March 31, 2007 through December 31, 2009.