Monthly Budget definition

Monthly Budget shall have the meaning set forth in Section 5.01(k).

Monthly Budget the monthly budget, attached as as Annex II hereto, as amended, supplemented or otherwise modified from time to time as provided in Section 6.16, setting forth in reasonable detail all anticipated receipts and disbursements of the Loan Parties, and reflecting the Related 363 Sale Transactions, on a monthly basis from the Petition Date through and including June 30, 2010.

Monthly Budget means, (i) prior to the Sixth Amendment Effective Date, the consolidated cash flow projections delivered by Borrowers to Agents pursuant to subsection 4.1F for each month ending during the Budget Period, setting forth on a line-item basis monthly anticipated cash receipts and disbursements, provided that, upon approval by Agents or Requisite Lenders, as the case may be, of any monthly cash flow projections delivered pursuant to subsection 6.1(xix)(a) or pursuant to clause (iv) of the definition of "Final Borrowing Order", the Monthly Budget described in this clause (i) shall be deemed supplemented and/or restated with respect to the following month and each month thereafter in the Budget Period by the projections for each such month covered by such approved cash flow projections; and (ii) on and after the Sixth Amendment Effective Date, the consolidated cash flow projections attached hereto as Exhibit XVI, setting forth on a line-item basis monthly anticipated cash receipts and disbursements.

Examples of Monthly Budget in a sentence

• The Borrower will not, and will not permit any Group Member to, amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the Initial Budget or the Monthly Budget without the consent of the Required Lenders in accordance with Section 8.1.

• The Borrower shall sell certain owned properties contemplated to be sold in accordance with the Monthly Budget, if any, by dates to be determined by the Required Lenders, and cause the Net Cash Proceeds thereof to be applied to prepayment of the Loans and the Additional Notes and the reduction of the Commitments, in accordance with Section 2.5.

• All material facts in the Initial Budget and the Monthly Budget (when delivered) are accurate and the Borrower has disclosed to each Lender all assumptions in the Initial Budget and the Monthly Budget (when delivered).

• Direct debit options - please select one type of direct debit Payment option Full Pay - Account debited on due date Even Pay – Payments averaged over five fortnightly payments each term Budget Pay Fortnightly Budget Pay Monthly Budget Pay option: please use the direct debit calculator (located on the Burgmann Website) to calculate the amount to be deducted.

• For the avoidance of doubt, the Plan Administrator shall have the discretion to (i) engage Borrower Professionals on an hourly fee basis for the purpose of preparing and prosecuting the Xxxxxxxx Defendants Actions and (ii) subject to the funding of the then current Monthly Budget, fund the payment of Xxxxxxxx Defendants Actions Fees for such hourly services from Budget Funds that constitute Post-Confirmation Estate Additional Collateral Net Proceeds.

More Definitions of Monthly Budget

Monthly Budget means a monthly income statement, balance sheet and statement of cash flows of Holdings and its Subsidiaries on a consolidated and consolidating by segment basis through the pendency of the Cases, in form and substance consistent with the Budget.

Monthly Budget means one twelfth of the Company's Annual Budget;

Monthly Budget and "Tranche A Letter of Credit Sublimit" in their entirety and inserting the following new definitions in the appropriate alphabetical order:

Monthly Budget means, with respect to any Month, the estimated amount, when finalized, necessary to operate the Project for such Month, as set forth in the Annual Budget for the Fiscal Year in which such Month occurs.

Monthly Budget means that certain budget delivered by Borrower and accepted by Administrative Agent on the First Amendment Effective Date.

Monthly Budget means the monthly budget attached here to as Schedule 1.03 and any other monthly budget approved pursuant to Section 5.1(f).

Monthly Budget means the cash usage budget delivered by Company to Lenders on or prior to the Closing Date, as amended, attached hereto as Schedule 1.1(e), setting forth, for each calendar month from the Closing Date through the Maturity Date, cash expenditures for Company and its Subsidiaries.