Common use of Board Projections Clause in Contracts

Board Projections. Within ninety (90) days after the last day of each fiscal year of Borrower, and contemporaneously with any material changes thereto, annual Board-approved operating budgets and financial projections, in a form acceptable to Bank;

Appears in 1 contract

Sources: Loan and Security Agreement (Motus GI Holdings, Inc.)

Board Projections. Within ninety As soon as available, but no later than forty-five (9045) days after the last day of each fiscal year of Borrower, and contemporaneously with any material updates or changes thereto, annual Board-Board approved operating budgets and financial projections, in a form acceptable to Bank;

Appears in 1 contract

Sources: Loan and Security Agreement (Satsuma Pharmaceuticals, Inc.)

Board Projections. Within ninety As soon as available, but no later than sixty (9060) days after the last day of each fiscal year of Borrower, and contemporaneously with any material updates or changes thereto, annual Board-Board approved operating budgets and financial projections, projections in a form acceptable to Bank;

Appears in 1 contract

Sources: Loan and Security Agreement (XOMA Corp)