Common use of Initial Approved Budget Clause in Contracts

Initial Approved Budget. The Agent and Lenders shall have received the initial 16- week cash flow budget, attached as Exhibit B to the Interim Order, setting forth, on a weekly and a line-item basis, in each case as required by the Interim Order (i) projected cash receipts, (ii) projected disbursements (including ordinary course operating expenses, bankruptcy-related expenses under the Chapter 11 Cases (including professional fees of the Borrower Parties with respect thereto), capital expenditures, asset sales, issuances of any letter of credit, including the fees relating thereto, and estimated fees and expenses of the Agent and Lenders (including fees and expenses of their legal counsel and financial advisors), estimated fees and expenses of the Pre- Petition Agent and Pre-Petition Lenders (including fees and expenses of their legal counsel and financial advisors), estimated fees and expenses of the members of any statutory committee and any professionals engaged by any such statutory committee) and any other fees and expenses relating to this Agreement or the other Loan Documents), (iii) the sum of unrestricted and available cash on hand, in each case for each week from the first day of the week in which the entry of the Interim Order occurs through the last day of the week that is 16 weeks thereafter, to be attached to the Interim Order which shall be in form and substance satisfactory to the Majority Lenders and