Common use of Initial Projections Clause in Contracts

Initial Projections. The Initial Projections have been prepared in good faith based upon the same accounting principles as those used in the preparation of the Pro Forma Financial Statements and upon assumptions believed to be reasonable at the time such Initial Projections were delivered in light of conditions and facts known to the Loan Parties as of the date thereof (it being understood that projections by their nature are inherently uncertain, the Initial Projections are not a guaranty of future performance, and actual results may differ materially from the Initial Projections).

Initial Projections. The Initial Projections have been prepared in good faith based upon the same accounting principles as those used in the preparation of the Pro Forma Initial Financial Statements and upon assumptions believed to be reasonable at the time such Initial Projections were delivered in light of conditions and facts known to the Loan Parties as of the date thereof (it being understood that projections by their nature are inherently uncertain, the Initial Projections are not a guaranty of future performance, and actual results may differ materially from the Initial Projections).