Common use of Account Forecasting Clause in Contracts

Account Forecasting. Each year, Operator shall develop and maintain a twelve (12) month outlook covering the current calendar year (the “Cost Outlook”) for all expenses Operator reasonably expects to be paid by Owner from the Operating Account under this Agreement. Operator shall update the Cost Outlook each Calendar Month.

Appears in 1 contract

Sources: Equity Contribution Agreement (Par Pacific Holdings, Inc.)

Account Forecasting. Each year, Operator shall develop and maintain a twelve (12) month rolling outlook covering the current calendar year (the “Cost Outlook”) for all expenses Operator reasonably expects to be paid by Owner from the Operating Account under this Agreement. Operator shall update the Cost Outlook by the 25th Business Day of each Calendar Month.

Appears in 1 contract

Sources: Subscription Agreement (PBF Holding Co LLC)