Common use of Initial Approved Budget Clause in Contracts

Initial Approved Budget. The Administrative Agent shall have received the initial 13-week cash flow forecast, depicting on a weekly and line-item basis (a) cash receipts, (b) expenses and disbursements (including, without limitation, ordinary course operating expenses, expenses related to the Chapter 11 Cases, capital expenditures, and fees and expenses of the Administrative Agent and any other fees and expenses relating to the DIP Facility) and (c) aggregate liquidity, in each case, for the first 13 weeks from the first day of the week in which the Closing Date occurs, to be attached to the Interim Order which shall be in form and substance satisfactory to the Administrative Agent in its sole discretion (the “Initial Approved Budget”).