Variances From Operating Budget Clause Samples
The "Variances From Operating Budget" clause defines how differences between actual financial performance and the projected operating budget are identified and managed. Typically, this clause outlines the process for monitoring financial results, sets thresholds for acceptable deviations, and may require parties to report or address significant variances. Its core function is to ensure financial accountability and transparency, allowing stakeholders to respond promptly to unexpected changes in operating costs or revenues.
Variances From Operating Budget. Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.
Variances From Operating Budget. 63 9.14 Notice of Suits, Adverse Events................................................63 9.15
Variances From Operating Budget. During an Event of Default under Section 10.5, at Agent’s request, furnish Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7 and 9.9, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.
Variances From Operating Budget. Furnish Lenders, concurrently with the delivery of the financial statements referred to in Section 9.7 hereof, a written report summarizing all material variances from budgets submitted by the Loan Parties pursuant to Section 9.12 hereof and a discussion and analysis by management with respect to such variances.
Variances From Operating Budget. 52 9.14. Notice of Suits, Adverse Events.................................53 9.15. ERISA Notices and Requests......................................53 9.16.
Variances From Operating Budget. Deliver to Agent, concurrently with the delivery of the financial statements referred to in Sections 9.7, 9.8 and 9.9 hereof, a written report summarizing all material variances from budgets submitted by Loan Parties pursuant to Section 9.12 hereof and a discussion and analysis by management with respect to such variances.
Variances From Operating Budget. Furnish Lender, concurrently with the delivery of the financial statements referred to in Section 9.7 and each quarterly and monthly report, a written report summarizing all material variances from budgets submitted by the Borrower pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.
Variances From Operating Budget. Furnish Lender, concurrently with the delivery of the quarterly financial statements referred to in Section 10.8, summarizing all material variances from budgets submitted by Borrowers pursuant to Section 10.13.
Variances From Operating Budget. Borrowing Agent shall provide to Agent, upon request, a written analysis of specified material variances from the budget described in Section 9.12.
Variances From Operating Budget. Furnish Agent the financial statements referred to in Section 9.7 with quarterly comparisons to the budgets submitted by Borrower pursuant to Section 9.12 and, to the extent requested by Agent, make management available to Agent to discuss any such variances.