Common use of Additional Projections Clause in Contracts

Additional Projections. As soon as available, and in any event no later than 45 days after the end of each Fiscal Year of the Borrower, a detailed consolidated budget for the following Fiscal Year (including projected consolidated and consolidating balance sheets of the Borrower and its Subsidiaries as of the end of the following Fiscal Year, and the related consolidated and consolidating statements of projected cash flow, projected changes in financial position and projected income), and, as soon as available, significant revisions, if any, of such budget and projections with respect to such Fiscal Year (collectively, the “Additional Projections”), which Additional Projections shall in each case be accompanied by a certificate of a Responsible Officer stating that such Additional Projections are based on reasonable estimates, information and assumptions and that such Responsible Officer has no reason to believe that such Additional Projections are incorrect or misleading in any material respect.

Additional Projections. As soon as available, and in any event no later than 45 90 days after the end of each Fiscal Year of the Borrower, a detailed consolidated budget for the following Fiscal Year (including projected consolidated and consolidating balance sheets of the Borrower and its Subsidiaries as of the end of the following Fiscal Year, and the related consolidated and consolidating statements of projected cash flow, projected changes in financial position and projected income), and, as soon as available, significant revisions, if any, of such budget and projections with respect to such Fiscal Year (collectively, the “Additional Projections”), which Additional Projections shall in each case be accompanied by a certificate of a Responsible Officer stating that such Additional Projections are based on reasonable estimates, information and assumptions and that such Responsible Officer has no reason to believe that such Additional Projections are incorrect or misleading in any material respect.