Updated Projections Sample Clauses
The "Updated Projections" clause requires one party to provide revised estimates or forecasts regarding key metrics, such as costs, timelines, or deliverables, during the course of an agreement. Typically, this clause outlines how often updates must be provided and the format or level of detail required, ensuring that all parties remain informed about any significant changes to the original projections. Its core function is to promote transparency and enable proactive management of expectations, reducing the risk of misunderstandings or disputes arising from outdated or inaccurate information.
Updated Projections. As to each such Incremental Project, the Base Case Projections as amended and updated to incorporate the base case financial projections of the Project Companies’ operating results for such Incremental Project, demonstrating the Borrower’s continuing ability to service the Loans, which amended and updated Base Case Projections shall be in form and detail reasonably satisfactory to the Required Lenders in consultation with the Independent Engineer, and shall be certified by a Responsible Officer of the Borrower as having been prepared in good faith based upon assumptions believed by such Responsible Officer to be reasonable at the time;
Updated Projections. Agent shall have received updated financial projections of Titan International and its Subsidiaries for the 2022 Fiscal Year prepared in a manner consistent with past practices.
Updated Projections. As soon as practicable, and in any event no later than sixty (60) days after the end of each Fiscal Year of Issuer, updated Projections prepared in good faith and certified by an Authorized Officer of an Issuer Party as to the reasonableness of the underlying assumptions and the conclusions based thereon and satisfactory in form, substance, and detail to Note Holders and the Independent Engineer, covering the period from the end of the most recently ended Fiscal Year through the date which is twenty (20) years following the Restatement Effective Date. The Projections shall include the Debt Service Coverage Ratios and the consolidated cash flow statements of Issuer and its Subsidiaries for the each of the four Fiscal Quarters following the Fiscal Year most recently ended and for each Fiscal Year thereafter included in such Projections and shall state any assumptions made in connection with the preparation thereof.
Updated Projections. Within fifteen (15) days following the Third Restatement Effective Date, the Parent shall have delivered to each Agent and each of the Banks updated consolidated projections in substantially the form of the Projections delivered on the Third Restatement Effective Date pursuant to Section 4.15, except such updated projection shall cover the period commencing on the Third Restatement Effective Date and ending on or after December 31, 2005 (with each reference to the "Projections" appearing in Section 6.05 hereof to be deemed to be a reference to the projections delivered pursuant to this Section 12.18(d) at all -156- times after their delivery pursuant to this Section as if same had been delivered on the Third Restatement Effective Date).
Updated Projections. Within 10 days before the end of each calendar quarter each Shipper shall provide Carrier with an update of its then current Projection, noting all material changes to the information contained therein.
Updated Projections. Agent shall have received projections (the “Projections”), prepared in good faith and certified by an Authorized Officer of Issuer as to the reasonableness of the underlying assumptions and the conclusions based thereon and satisfactory in form, substance, and detail to Note Holders and the Independent Engineer, covering the period from the Restatement Effective Date through the date which is twenty-five (25) years following the Scheduled PPA Commercial Operation Date. The Projections shall include the Debt Service Coverage Ratios, consolidated cash flow statements of Issuer and its Subsidiaries for each Fiscal Quarter for the first four Fiscal Quarters following the Restatement Effective Date and for each Fiscal Year commencing with the first Fiscal Year following the Restatement Effective Date, and they shall state any assumptions made in connection with the preparation thereof.
Updated Projections. Within 90 days of the Closing Date, the consolidated pro forma balance sheet and projected consolidated balance sheets, statements of operations and statements of cash flows delivered pursuant to Section 12.1, updated to reflect asset value adjustments made pursuant to SFAS 141 with respect to the Related Transactions.
Updated Projections. The Administrative Agent shall have received updated forecasts of the financial performance of the Borrower and its Subsidiaries on a combined consolidated basis on an annual basis, through December 31, 2021. The Administrative Agent acknowledges receipt of such updated forecasts.
Updated Projections. The Borrower acknowledges and agrees that on or before November 15, 2011, the Borrower will deliver to the Administrative Agent updated quarterly projections for the remainder of Fiscal Year 2011 and the entirety of Fiscal Year 2012, in form and substance reasonably satisfactory to the Administrative Agent, which projections shall include, among other things, projected utilization of Letters of Credit, together with a certification by the chief executive officer, chief financial officer, treasurer or controller stating that such projections are based on reasonable estimates, information and assumptions and that such person has no reason to believe that such projections are incorrect or misleading in any material respect.
Updated Projections. At the request of the Administrative Agent, which request may be no more frequent than annually, updated market projections (which, inter alia, shall forecast variable Operating Expenses for the Projects) for the following twelve month period, together with a certificate of the Power Market Consultant and the Fuel Consultant as to the reasonableness of such forecast and its methodology. If such updated market projections are requested by the Administrative Agent, the Borrower shall use such updated projections in determining whether the conditions to Distribution have been satisfied with respect to the next quarter (the "First Quarter") and shall use the methodology adopted by such updated projections in determining whether the conditions to Distribution have been satisfied in each of the three quarters following the First Quarter.