OPERATING PROJECTIONS definition

OPERATING PROJECTIONS shall have the meaning ascribed thereto in Section 4.1(t).
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OPERATING PROJECTIONS shall have the meaning ascribed thereto in Section 4.1(u).
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OPERATING PROJECTIONS as such term is defined in subsection 4.1(ii) of the Loan Agreement.
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More Definitions of OPERATING PROJECTIONS

OPERATING PROJECTIONS means (i) those certain operating projections for years 1993 to 2003, inclusive, dated as of December 15, 1993, and included in the Business Plan, with the assumption that for each fiscal quarter of the Borrower in any fiscal year, Estimated Cash Flow for such fiscal quarter shall equal one-quarter of Estimated Cash Flow for such fiscal year or if delivered, then (ii) replacement quarterly operating projections satisfactory to the Lender and delivered to the Lender by the Borrower on or prior to January 15, 1994, which operating projections shall contain quarterly information in sufficient detail to determine Estimated Cash Flow for the years 1993 to 2003, inclusive, provided that the sum of the Estimated Cash Flows for the consecutive four quarters ending on December 31 of any calendar year shall not be less than the annual Estimated Cash Flows in the operating projections referred to in clause (i) above for such years.
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Related to OPERATING PROJECTIONS

  • Annual Projections is defined in Section 6.2(a).

  • Projections as defined in Section 6.2(c).

  • Projection means prospective financial statements that present, to the best of the responsible party’s knowledge and belief given one or more hypothetical assumptions, an entity’s expected financial position, results of operations, and changes in financial position or cash flows that are based on the responsible party’s assumptions reflecting conditions it expects would exist and the course of action it expects would be taken given such hypothetical assumptions.

  • Financial Projections has the meaning provided in Section 5.07(b).

  • Latest Projections means: (a) on the Closing Date and thereafter until the Agent receives new projections pursuant to Section 7.2(f), the projections of the Borrower’s financial condition, results of operations, and cash flows, for the period commencing on April 1, 2009 and ending on March 31, 2010 and delivered to the Agent prior to the Closing Date; and (b) thereafter, the projections most recently received by the Agent pursuant to Section 7.2(f).