Common use of Projections Clause in Contracts

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings and the Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer of Administrative Borrower on behalf of Borrowers to the effect that (a) such projections were prepared by Borrowers in good faith, (b) Borrowers reasonably believe that the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 4 contracts

Sources: Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Performance Health Holdings Corp.)

Projections. As soon as practicable, and in any event not later than 30 45 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 3 contracts

Sources: Incremental Facility Agreement, Waiver and Eleventh Amendment to Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.), Credit Agreement (A-Mark Precious Metals, Inc.)

Projections. As soon as practicable, and in any event not later than 30 ninety (90) days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by Borrower to the applicable Loan Parties delivered to Agent Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to Administrative Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 2 contracts

Sources: Credit Agreement (Primoris Services Corp), Credit Agreement (Primoris Services Corp)

Projections. As soon as practicable, and in any event not later than 30 (ninety) 90 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent Lender prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, Lender accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 2 contracts

Sources: Term Loan and Revolving Credit Agreement (Byline Bancorp, Inc.), Revolving Credit Agreement (Byline Bancorp, Inc.)

Projections. As soon as practicable, and in any event not later than 30 days after prior to the commencement of each Fiscal Year, financial projections for Holdings Borrower and the Restricted Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower believes the assumptions contained in such projections are appropriate to be reasonable and (c) such projections have been prepared in accordance with such assumptions.

Appears in 2 contracts

Sources: Credit Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)

Projections. As soon as practicable, and in any event not later than 30 days after prior to the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly quarterly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent Lender prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, Lender accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 2 contracts

Sources: Loan and Security Agreement (Kinsale Capital Group, Inc.), Loan and Security Agreement (Kinsale Capital Group, Inc.)

Projections. As soon as practicable, and in any event not later than 30 sixty (60) days after the commencement of each Fiscal Year, financial projections on a monthly basis for Holdings and the Subsidiaries Loan Parties for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer (or other executive officer) of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers them in good faith, (b) Borrowers reasonably believe B▇▇▇▇▇▇▇ believes that it has a reasonable basis for the assumptions contained in such projections are appropriate and projections, (c) such projections have been prepared in accordance with such assumptionsassumptions and (d) such projections have been approved in writing by the Board as the operating plan for the subsequent Fiscal Year.

Appears in 2 contracts

Sources: Credit Agreement (Elutia Inc.), Credit Agreement (Elutia Inc.)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (A-Mark Precious Metals, Inc.)

Projections. As soon as practicable, and in any event not later than 30 60 days after the commencement end of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by Borrower to the applicable Loan Parties delivered to Agent Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (ai) such projections were prepared by Borrowers Borrower in good faith, (bii) Borrowers reasonably believe that Borrower had a reasonable basis for the assumptions contained in such projections are appropriate at the time of preparation and delivery and (ciii) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (Greenlight Capital Re, Ltd.)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings and the Subsidiaries Loan Parties for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by the applicable Loan Parties delivered Company to Agent the Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to the Administrative Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower the Company on behalf of Borrowers the Company to the effect that (a) such projections were prepared by Borrowers the Company in good faith, (b) Borrowers reasonably believe that the Company has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (Option Care Inc/De)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings Borrowers and the their Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrowers to Agent Lender prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, Lender accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower Borrowers on behalf of Borrowers to the effect that (a) such projections were prepared by Borrowers in good faith, (b) Borrowers reasonably believe that have a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Loan and Security Agreement (Kingsway Financial Services Inc)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings the Company and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by the applicable Loan Parties delivered Company to Agent the Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to the Administrative Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower the Company on behalf of Borrowers the Company to the effect that (a) such projections were prepared by Borrowers the Company in good faith, (b) Borrowers reasonably believe that the Company has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (Kanbay International Inc)

Projections. As soon as practicable, and in any event not later than within 30 days after prior to the commencement of each Fiscal Year, financial projections for Holdings the Company and the its Subsidiaries for such Fiscal Year (including monthly an operating budget and a cash flow budgetsbudget) prepared in a manner consistent with the projections for delivered by the applicable Loan Parties delivered Company to Agent the Banks prior to the Closing Date or otherwise in a manner reasonably satisfactory to the Agent, accompanied by a certificate of a chief financial officer of Administrative Borrower Designated Person on behalf of Borrowers the Company to the effect that (a) such projections were prepared by Borrowers the Company in good faith, (b) Borrowers reasonably believe that the Company has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions, but subject also to the understanding that such projections are not a guarantee of future performance.

Appears in 1 contract

Sources: Credit Agreement (Fargo Electronics Inc)

Projections. As soon as practicable, and in any event not later than 30 60 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by Borrower to the applicable Loan Parties delivered to Agent Lenders prior to the Closing Date or otherwise in a manner reasonably satisfactory to Administrative Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (Primoris Services Corp)

Projections. As soon as practicable, and in any event not later than 30 45 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Restatement Effective Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (A-Mark Precious Metals, Inc.)

Projections. As soon as practicable, and in any event not later than 30 days after prior to the commencement of each Fiscal Year, financial projections for Holdings and the Subsidiaries MPW Companies on a consolidated basis for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for delivered by the applicable Loan Parties delivered Borrowers to Agent the Lenders prior to the Closing Date and updated in accordance with Section 10.1.10 below or otherwise in a manner reasonably satisfactory to the Administrative Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower each of the Borrowers on behalf of the Borrowers to the effect that (a) such projections were prepared by the Borrowers in good faith, (b) the Borrowers reasonably believe that have a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (MPW Industrial Services Group Inc)

Projections. As soon as practicable, and in any event not later than 30 sixty (60) days after the commencement of each Fiscal Year, financial projections on a monthly basis for Holdings and the Subsidiaries Loan Parties for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer (or other executive officer) of Administrative Borrower on behalf of Borrowers Borrower to the effect that (a) such projections were prepared by Borrowers them in good faith, (b) Borrowers reasonably believe Borrower believes that it has a reasonable basis for the assumptions contained in such projections are appropriate and projections, (c) such projections have been prepared in accordance with such assumptionsassumptions and (d) such projections have been approved in writing by the Board as the operating plan for the subsequent Fiscal Year.

Appears in 1 contract

Sources: Credit Agreement (Elutia Inc.)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer Senior Officer of Administrative Borrower on behalf of Borrowers Borrower to the effect that effect (a) such projections were prepared by Borrowers Borrower in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (A-Mark Precious Metals, Inc.)

Projections. As soon as practicable, and in any event not later than 30 days after the commencement of each Fiscal Year, financial projections for Holdings Borrower and the its Subsidiaries for such Fiscal Year (including monthly operating and cash flow budgets) prepared in a manner consistent with the projections for the applicable Loan Parties delivered by Borrower to Agent prior to the Closing Date or otherwise in a manner reasonably satisfactory to Agent, accompanied by a certificate of a chief financial officer officers of Administrative Borrower on behalf of Borrowers to the effect that (a) such projections were prepared by Borrowers Borrower, in good faith, (b) Borrowers reasonably believe that Borrower has a reasonable basis for the assumptions contained in such projections are appropriate and (c) such projections have been prepared in accordance with such assumptions.

Appears in 1 contract

Sources: Credit Agreement (PNG Ventures Inc)