Common use of Additional Projections Clause in Contracts

Additional Projections. Not later than 30 days after the end of each Model Year, (i) any significant revisions to the annual forecasts of the Reporting Person and its Subsidiaries for such Model Year and (ii) forecasts prepared by management of the Reporting Person (A) for each Fiscal Quarter in such succeeding Model Year and (B) for each other succeeding Model Year through the Model Year containing the Latest Term Loan Maturity Date, in each case including in such forecasts (x) a projected Model Year Consolidated balance sheet, income statement and statement of cash flows, (y) a statement of all of the material assumptions on which such forecasts are based and (z) substantially the same type of financial information as that contained in the Initial Projections.

Appears in 1 contract

Sources: First Lien Credit Agreement (SRAM International Corp)

Additional Projections. Not later than 30 days after the end of each Model Year, (i) any significant revisions to the annual forecasts of the Reporting Person and its Subsidiaries for such Model Year and (ii) forecasts prepared by management of the Reporting Person (A) for each Fiscal Quarter in such succeeding Model Year and (B) for each other succeeding Model Year through the Model Year containing the Latest Term Loan Maturity Date, in each case including in such forecasts (x) a projected Model Year Consolidated balance sheet, income statement and statement of cash flows, (y) a statement of all of the material assumptions on which such forecasts are based and (z) substantially the same type of financial information as that contained in the Initial Projections.

Appears in 1 contract

Sources: Second Lien Credit Agreement (SRAM International Corp)