Initial Budget. The initial Budget shall be agreed upon by -------------- the parties before the execution of this Management Services Agreement and shall be attached hereto and made a part hereof.
Initial Budget. In connection with the first Property Acquisition, the Manager shall prepare a Draft Budget for operation of the properties proposed to be acquired and submit such Draft Budget to Owner with the Proposal as contemplated by Section 9.1. If the Owner approves the Property Acquisition, Owner shall be deemed to have approved the Draft Budget and such Draft Budget shall then constitute the approved Budget as contemplated by Section 3.1.
Initial Budget. The initial Budget shall be agreed upon and approved in writing by the parties before the execution of this Management Services Agreement. The initial Budget shall include an exhibit setting forth the criteria under which Business Manager shall be entitled to receive the Performance Fee.
Initial Budget. The Administrative Agent shall have received the initial Budget for the 13-week period following the Effective Date (the “Initial Budget”) which shall be in form and substance satisfactory to the Administrative Agent, together with a Budget Certificate.
Initial Budget. By execution of this Agreement, the Members hereby approve and consent to the initial budget attached hereto as Exhibit D (the “Initial Budget”) and acknowledge and agree that such Initial Budget shall be deemed to be an Approved Budget for all purposes of this Agreement.
Initial Budget. Property Manager shall promptly and diligently prepare an initial budget for the operation, maintenance, repair and leasing of each Property and shall submit it to Operating Partnership for Operating Partnership’s approval.
Initial Budget. The Administrative Agent and the Lenders shall have received the initial Budget, which shall be in a form and substance satisfactory to the Lenders, together with the Budget Certificate.
Initial Budget. Within sixty days after the initial regional district school Committee is organized, it shall prepare a reasonably detailed operating and maintenance budget covering expenses, if any, for the balance of the then fiscal year. Copies of such proposed budget shall be submitted to the chairman of the finance or advisory committee in a member town, to the chairman of the board of selectmen, for its consideration. A budget shall be adopted not earlier than fourteen days but within twenty-one days after the proposed budget has been so submitted. The amount of the said budget shall be apportioned among the member towns according to the provisions of Section IV herein. The regional district treasurer shall certify to the treasurer of each member town its respective shares of said budget. The sums thus certified shall be payable by each member town to the regional district school committee but only from funds which may be or may have been appropriated by each member town for such purpose.
Initial Budget. The budget for the Company's first three years of operations shall be approved by the Management Committee simultaneously with the execution of this Agreement or promptly thereafter.
Initial Budget. Before the Firm begins handling a new legal matter for the City, it shall provide to the City Attorney an initial budget which shall include, at a minimum, a list of each specific legal service the Firm shall perform for the City, and include
