Initial Project Budget definition

Initial Project Budget has the meaning set forth in Section 6.4(e)(i). “Initiating Member” has the meaning set forth in Section 11.5. “Land” has the meaning set forth in the Background.
Initial Project Budget means the first version of the Project Budget prepared in accordance with Clause 11 and agreed or determined in accordance with Clause 11 of the Shareholders’ Agreement.
Initial Project Budget means, for each Project, the project budget setting forth the Projects Costs incurred or to be incurred for such Project delivered to the Agent by the Borrower prior to the first Utilization related to such Project pursuant to Section 3.01, 3.02 or 3.06, as applicable (in the case of an Initial Project) or Section 3.04 or 3.06, as applicable (in the case of a Subsequent Project).

Examples of Initial Project Budget in a sentence

  • The Adjusted Project Budget is the Initial Project Budget multiplied by the fractional value of the current CCCI ENR divided by the reference CCCI ENR.

  • The construction cost component of the Initial Project Budget is used as a basis for estimates for the cost of other components.

  • This information—together with the anticipated durations—shall be used to establish the Initial Project Budget and Initial Project Schedule.

  • The project cost estimate may be prepared by an independent cost estimating subconsultant of the Consultant hired by UW, and shall be reviewed and adjusted as a ppropriate in collaboration with the Planning Team and, once approved, shall become the Initial Project Budget for the project.

  • The project cost estimate may be prepared by an independent cost estimating subconsultant of the Consultant hired by UW, and shall be reviewed and adjusted as appropriate in collaboration with the Planning Team and, once approved, shall become the Initial Project Budget for the project.

  • Initial Project Budget Actions from certain programs not already approved by Commission as a whole.

  • Deliverables: • Up to 3 Aesthetic Design Concepts • Refined Functional Plans • Initial Civil & Landscape Plans • Initial Project Budget – to include Class 4 Cost Estimates for Concepts Developed in Part 2 Meetings: • One meeting, in person.

  • It is the desire of each Party to maintain this “Proportionate Funding Percentage”, being 43.3 percent by the Township and 56.7 percent by MCHD, if the aggregate design and purchase price for the CAD is less than the Initial Project Budget.

  • If so, then when this second person is forced to act, her actions will exhibit the relative respect that she accords to these two different forms of community (namely, church and state).

  • The Initial Project Budget is attached to this 20 Agreement as Exhibit 10.1.


More Definitions of Initial Project Budget

Initial Project Budget means the itemized schedules setting forth on a line item basis all of the estimated Project Costs attached hereto as EXHIBIT I (except that the Initial Project Budget shall not include the Issuance Fees and Expenses).
Initial Project Budget means the annual budget and cash flow forecast for the first Financial Year of the Company, prepared in accordance with the Accounting Policies and to be agreed between the Shareholders prior to completion of the Acquisition.
Initial Project Budget means the budget prepared by NSi setting out a detailed estimate of all costs involved in relation to achieving the milestones set out in SCHEDULE 5.
Initial Project Budget means the itemised monthly budgeted costs and expenses for the period from the date of the Construction Contract up to and including the Scheduled Final Completion Date.
Initial Project Budget is defined in Section 7.16(a).

Related to Initial Project Budget

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Project area budget means a multiyear projection of annual or cumulative

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Approved Budget means an annual budget-

  • Capital Budget has the meaning given in Section 3.11(a).

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Research Budget has the meaning set forth in Section 3.2.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;