Common use of Projections Clause in Contracts

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 fiscal years, copies of which have been delivered to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 October, 1998 to 2010 October, 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 1997 through 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein, it being understood that the projections are not guaranties of results and that actual results will vary from the projections.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated Consolidated basis, balance sheets and cash flow statements for the 2006 2015 to 2010 2019 fiscal years, copies of which have been delivered to each Lenderthe Administrative Agent, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any Credit Parties as of its Subsidiariesthe date hereof, no facts exist that (individually or in the aggregate) would result in any material change in any of such projectionsprojections or the pro forma balance sheet. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2000 to 2010 2004 fiscal yearsyears of the Borrower, copies of which have been delivered to each LenderBank, disclose all major material assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2000 to 2010 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 2000 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein, it being understood that the projections are not guaranties of results and that actual results will vary from the projections.

Projections. The projections of the annual operating budgets of the Borrower Borrowers and its their Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1998 to 2010 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economicbusiness, financial and market conditions 65 -57- used in formulating such projections. To the knowledge of any of the Borrower Borrowers or any of its their Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower Borrowers and its their Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower Holding Company and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 2003 fiscal years, copies of which have been delivered to each Lender, disclose all major material assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the best knowledge of the Borrower or any of Holding Company and its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower Holding Company and each of its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries (other than Credident) on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 1996 and 1997 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1998 to 2010 1999 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projectionsprojections or to the cash flow statements delivered to the Banks. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries (other than Credident) on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 1998 and 1999 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries following the Tender Offer and the Merger on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 2001 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets ----------- of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1999 to 2010 2003 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The Borrower has delivered to the Agent and the Banks the projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2000 to 2010 2003 fiscal years, copies of which . Such projections have been delivered produced by the Borrower using a methodology which is acceptable to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projectionsthe Agent. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist on the Closing Date that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower Borrowers and its their Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1998 to 2010 2001 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of any of the Borrower Borrowers or any of its their Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower Borrowers and its their Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 1997 fiscal yearsyear, copies of which have been delivered to each Lenderthe Agent, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its SubsidiariesBorrower, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries Borrowers on a consolidated basis, balance sheets and cash flow statements for the 2001 to 2006 to 2010 fiscal years, copies of which have been delivered to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its SubsidiariesBorrowers, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries Borrowers of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2004 to 2006 to 2010 fiscal yearsFiscal Years, copies of which have been delivered to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating ----------- budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1998 to 2010 2004 fiscal years, copies of which have been delivered to each Lender, disclose all major Bank and have been made in good faith on the basis of the assumptions made with respect to general economic, financial and market conditions used in formulating such projectionsdisclosed therein. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2000 to 2010 2001 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 2000 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of CML, the Borrower Borrowers and its their Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 1998 fiscal years, copies of which have been delivered to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower CML, any of Borrowers or any of its their Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of CML, the Borrower Borrowers and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections Projections of the Borrower's annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 fiscal yearsyears ending on December 31, 1995, 1996, 1997 and 1998, copies of which have been delivered to each Lender, disclose all major material assumptions made with respect to general economic, financial and market conditions used in formulating such projectionsProjections. To the knowledge of the No facts are known to Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) which would result in any material change in any of such projectionsProjections. The projections Projections are based upon reasonable estimates and assumptions, all of which are fair in light of current conditions, have been prepared on the basis of the assumptions stated therein therein, and reflect the reasonable estimates estimate of Borrower, to the Borrower and best of its Subsidiaries ability, of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2001 to 2010 2003 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1998 to 2010 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower Borrowers' Representative and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 fiscal yearsyear ended February, 2003, copies of which have been delivered to each Lender, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To As of the Closing Date, to the knowledge of the Borrower Borrowers or any of its their Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower Borrowers and its their Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1999 to 2010 2001 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projectionsprojections or to the cash flow statements delivered to the Banks. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 1997 to 2010 1999 fiscal yearsyears updated as of the Closing Date, copies of which have been delivered to each Lenderthe Agent, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets ----------- of Holdings, the Borrower and its their Subsidiaries on a consolidated basis, including balance sheets and cash flow statements for the 2006 to 2010 1999 through 2002 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of Holdings, the Borrower or any of its their Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of Holdings, the Borrower and its their Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 2000 and 2001 fiscal years, copies of which have been delivered to each LenderBank, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries (assuming merger of the Current Subsidiaries with the Founding Companies) on a consolidated basis, balance sheets and cash flow statements for the 2006 to 2010 fiscal years1998 calendar year, copies of which have been delivered to each Lenderthe Agent, disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its SubsidiariesBorrower, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The projections of the annual operating budgets of the Borrower and its Subsidiaries on a consolidated basis, balance sheets sheet and cash flow statements statement for the 2006 to 2010 fiscal yearsyears 2000 and 2001, copies of which have been delivered to each Lenderthe Bank, disclose all major material assumptions made with respect to general economic, financial and market conditions used in formulating such projections. To the knowledge of the Borrower or any of its Subsidiaries, no facts exist that (individually or in the aggregate) would result in any material change in any of such projections. The projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries of the results of operations and other information projected therein.

Projections. The There has been furnished to each of the Lenders projections (dated July 23, 1999) of the annual operating budgets of the Borrower Company and its Subsidiaries on a consolidated basis, balance sheets and cash flow statements for the 2006 2000 to 2010 2004 fiscal yearsyears (the "PROJECTIONS"), copies of which have been delivered to each Lender, fairly disclose all major assumptions made with respect to general economic, financial and market conditions used in formulating such projectionstheir formulation. To the knowledge of the Borrower or any of its SubsidiariesCompany, no facts exist that (individually or in the aggregate) would result in any material change in any of such projectionsthe Projections. The projections Projections are based upon reasonable estimates and assumptions, have been prepared on the basis of the assumptions stated therein and reflect the reasonable estimates of the Borrower and its Subsidiaries Company of the results of operations and other information projected therein.