Annual Plan and Budget. Not later than 90 days before the commencement of each calendar year beginning after the Effective Date, the Supplier shall prepare and submit to the Purchaser for approval a good faith draft operational forecast of the SUMF Charges (the "Draft Annual Plan and Budget") for the following calendar year taking into full account the forecast data provided to the Supplier by the Purchaser.
Annual Plan and Budget. Not later than October 1 of each year during the term of this Agreement, Corixa shall prepare and recommend to the GenQuest Board of Directors an updated Annual Plan and Budget setting forth the objectives to be obtained during the next calendar year, including the time such objectives are expected to be met (provided, however, that such time frames are not binding on either party), and the Reimbursable Costs for such services. Such Annual Plan and Budget shall be consistent with the fulfillment of Corixa's responsibilities hereunder. Upon approval of such proposed Annual Plan and Budget by the GenQuest Board of Directors, with such changes as the Board of Directors of GenQuest may direct and Corixa may approve, the same shall constitute the Annual Plan and Budget for such calendar year for all purposes of this Agreement and will be attached hereto as Schedule A, and the payment of the Reimbursable Costs set forth therein to Corixa shall be guaranteed by the Board of Directors of GenQuest.
Annual Plan and Budget. If instructed by the Trust Board, the Creditor Trustee shall prepare and submit to the Trust Board for approval an annual plan and budget in such detail as is reasonably requested.
Annual Plan and Budget. Borrower shall furnish or cause ---------------------- to be furnished to the Agent the annual "Operating Budget" and any other items to be submitted to the Mortgage Lender under Section 5.1(q) of the Mortgage Loan Agreement (which budget and plan shall also address, in a manner mindful of the Special Purpose requirements imposed on Borrower and the Property Owner, Borrower's administrative expenses), at the times provided for therein. The Agent shall have hereunder the same approval rights with respect to such plan and budgets as are provided to the Mortgage Lender under the Mortgage Loan Agreement, and Borrower shall implement through the Property Owner any disapprovals by the Agent. In addition to the foregoing, Borrower shall submit to Agent, for Agent's approval (which approval shall not be unreasonably withheld or delayed), a proposed annual budget of administrative expenses (which may include reasonable allocations of internal costs of Borrower's affiliates) of Borrower and DSMLP. Such budget shall be approved or disapproved by Lender within ten (10) Business Days after Borrower's submission thereof. Upon approval of such budget, provided no Event of Default shall exist and be continuing, the disbursements to be made on each Payment Date under the Cash Management Procedures in respect of such administrative expenses for each of Borrower and DSMLP shall equal one-twelfth (1/12th) of the approved amount for each such Person; if an Event of Default shall have occurred and be continuing, then the amount that would otherwise be payable to Borrower hereunder may be applied to any amounts due and payable hereunder or in respect of the Loan or held as additional security for Borrower's obligations.
Annual Plan and Budget. Attached as Schedule V hereto is the initial development budget for each Collaborator's research and development activities (including third party subcontractors) related to Products in the Major Markets for the period from October 1, 1993 through December 31, 1993. For each calendar year beginning January 1, 1994, the Development Committee shall prepare and submit to the Management Committee for approval an annual development plan and budget for Products in the Major Markets. The plans and budgets included in SCHEDULE V and each subsequent development plan and budget approved by the Management Committee are referred to in this Agreement as the "Development Plans".
Annual Plan and Budget. If instructed by the Trust Governing Board, the Litigation Trustee shall prepare and submit to the Trust Governing Board for approval an annual plan and budget prior to the commencement of each fiscal year of the Litigation Trust, provided, however, that the first such report shall be submitted no later than sixty (60) days after the Effective Date. Such annual plan and budget shall set forth in reasonable detail: (i) the Litigation Trustee’s anticipated actions to administer and liquidate the Litigation Trust Assets; and (ii) the anticipated expenses, including professional fees, associated with conducting the affairs of the Litigation Trust. Such annual plan and budget shall be updated and submitted to the Trust Governing Board for review and approval on a quarterly basis, and each such quarterly update shall reflect the differences between the anticipated actions described in the annual report and actual operations of the Litigation Trustee to date. All actions by the Litigation Trustee must be consistent with the plan and budget, as updated on a quarterly basis. SUBJECT TO REVISION IN ACCORDANCE WITH THE PLAN 4.12 Communications with Trust Governing Board. To the extent the Litigation Trustee is required to communicate with the Trust Governing Board under this Litigation Trust Agreement, (i) the Litigation Trustee may direct all communications to the Trust Governing Board to the Directors of the Trust Governing Board and to counsel (if such counsel exists) for the Trust Governing Board and (ii) the Litigation Trustee may require that the Trust Governing Board maintain as confidential any confidential or proprietary information concerning the prosecution of the Causes of Action that are Litigation Trust Assets (including counterclaims, if any).
Annual Plan and Budget. At least 120 days prior to the beginning of a new calendar year during the Research Term, the JRDC shall agree upon and provide to the Parties a plan (the “Annual Plan”) setting forth each Party’s research tasks and goals under the Research for that year and setting a budget for such Research. The Parties shall approve the budget in the Annual Plan, with such changes as they deem appropriate and mutually approve. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES EXCHANGE ACT OF 1933, AS AMENDED.
Annual Plan and Budget. Bedford TV shall provide to the Issuing Authority an Annual Plan and Budget outlining activities and programs planned for the upcoming fiscal year. Such a plan shall include:
Annual Plan and Budget. CMCM shall provide to the MTA an “Annual Plan and Budget” describing activities and programs planned for the subsequent fiscal years with funds and other resources provided by MTA, during the third quarter or the fourth quarter of the fiscal year. Such plan shall contain:
Annual Plan and Budget. Without limiting the foregoing, the General Manager shall be responsible for the preparation of the annual operating plans and budgets of the Joint Venture. The operating plans and budgets for the next Financial Year shall be submitted to the Board of Directors for examination and approval no later than thirty (30) days prior to the end of each Financial Year and shall include detailed plans and projections regarding:
