Updated Forecast. By March 31, 2006, Parent or the Borrower shall deliver to the Agent updated Latest Projections for the Fiscal Year 2006 and for any subsequent periods covered in the Latest Projections that were in the Agent’s possession on the Closing Date, unless by March 31, 2006, the Borrower has received as an equity contribution from Parent not less than $500,000,000 of the net cash proceeds from Parent’s initial public offering or other equity issuance or the issuance of the Preferred Stock.
Appears in 2 contracts
Sources: Credit Agreement (Spansion Inc.), Credit Agreement (Advanced Micro Devices Inc)