Cash Flow Forecasting Sample Clauses
The Cash Flow Forecasting clause requires parties to regularly estimate and report expected incoming and outgoing payments over a specified period. Typically, this involves preparing periodic forecasts that detail anticipated revenues, expenses, and other cash movements, which may be shared between parties to facilitate planning and coordination. The core function of this clause is to enhance financial transparency and enable proactive management of liquidity, helping parties anticipate potential shortfalls or surpluses and make informed business decisions.
POPULAR SAMPLE Copied 1 times
Cash Flow Forecasting. Manager will prepare a detailed cash flow analysis sufficient to provide Owner with a forecast of account deficits. Such forecasts will be updated monthly, or more frequently as dictated by field conditions or as directed by Owner.
Cash Flow Forecasting. (a) The Alliance Management Team must prepare and deliver to Main Roads a cash flow forecast in respect of the first month of the Term within 5 Business Days (or as otherwise agreed by the Participants) from the Effective Date. The cash flow forecast must be in a format approved by the Alliance Board and must detail for the first month of the Term:
(i) the Directs Costs that are expected to be incurred by the Non-Owner Participants in the first month of the Term; and
(ii) the Corporate Overhead and Profit that is expected to be due to the Non-Owner Participants in the first month of the Term. The cash flow forecast must identify the amount, if any, to be paid in advance by Main Roads into the Project Bank Account and the date for payment of that amount.
(b) By no later than 10 Business Days (or as otherwise agreed by the Participants) prior to the end of the first month of the Term and thereafter each subsequent month during the Term, the Alliance Management Team must prepare and deliver to Main Roads a cash flow forecast. The cash flow forecast must be in a format approved by the Alliance Board and must detail for the following month of the Term:
(i) the Directs Costs that are expected to be incurred by the Non-Owner Participants in the following month of the Term; and
(ii) the Corporate Overhead and Profit that is expected to be due to the Non-Owner Participants in the following month of the Term. The cash flow forecast must identify the amount, if any, to be paid in advance by Main Roads into the Project Bank Account and the date for payment of that amount.
(c) For the purpose of this Schedule 11, the amounts identified under clauses 3(a) and (b) of this Schedule 11 are advance payment amounts (Advance Payment Amounts).
Cash Flow Forecasting. Within 30 days of the execution and delivery of this Agreement, and thereafter on a monthly basis, the corporate Obligors shall provide Lessor with a rolling three (3) month cash flow projection in form and substance satisfactory to Lessor in Lessor’s sole discretion (the “3 Month Cash Flow Forecast”), which 3 Month Cash Flow Forecast will include a comparison of the actual cash receipts and disbursements schedule for the previous month with the projected monthly cash receipts and disbursements, together with an analysis and explanation of any significant variances, at L▇▇▇▇▇’s request.