2005 Budget definition

2005 Budget means the budget of the Company and the Company Subsidiaries for the fiscal year ending December 31, 2005, a copy of which is attached as Exhibit C.
Sample 1
2005 Budget means the budget of the Company and the Company Subsidiaries for fiscal year 2005 described in Section 8.12 of the Company Disclosure Letter. An “Affiliate” of any Person means another Person that directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such first Person, where “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management policies of a Person, whether through the ownership of voting securities, by contract, as trustee or executor or otherwise;
Sample 1

Examples of 2005 Budget in a sentence

  • The following terms are defined in the respective Sections set forth below: Term Section 1992 Act 4.5(b) 2005 Budget 4.3(e) ACM 7.15(a)(iv) Acquired Interests 2.1 Affiliate Liabilities 7.19 Agreement Recitals Allocation Schedule 9.6(a) Allocations 9.6(a) Alternate Agreements 7.11(c)(ii)(C) Audited 2004 Financials 9.6(c) Audited Financials 4.3(c) Bankruptcy Code Recitals Bankruptcy Court Recitals Basket 11.4(a) Board 7.11(c)(ii)(A) Break-Up Fee 7.11(c)(iv)(B) Buyer Recitals Cable Corp.

  • In preparing the 2005 Budget, Eagle will consider, among other things, historical Costs incurred by DFA in its processing/manufacturing and/or conversion of milk into bulk condensed milk and skim milk powder preceding the year in which the Completion Date occurs.

  • No representation or warranty is made with respect to the 2005 Budget other than that the Companies have provided the Buyer with a true and complete copy of the 2005 Budget as approved by the management board of the Cable Venture.

  • Seattle, WA 98121 Project: “Aztreonam Solution for Inhalation (ASI)” Project Period: September 1, 2003 – August 31, 2005 Budget Period Award: $1,000,000 in milestones Account Number: CORUSP02WO Sponsoring Institution: Corus Pharma, Inc.

  • Seller shall provide to Buyer internally prepared monthly balance sheets and statements of, income, changes in stockholders' equity, and cash flows within fifteen (15) days after the end of each month and a comparison of actual financial statements to the Revised Fiscal 2005 Budget.

  • Revenue Revenue in 2005/06 is forecast to be $189 million, or 2.3%, higher than projected in the 2005 Budget.

  • In addition, the 2005 Budget includes a significant business package through the tax system and introduces indexation of tax thresholds.

  • The Company shall, within three (3) days of the adjournment of such special meeting, deliver to the Holder a copy of the FY 2005 Budget, together with a certification of the Company’s chief executive officer that the FY 2005 Budget has been duly authorized, approved, and adopted by the Company’s board of directors.

  • If U.S. Bank’s commitment to provide the Revolving Credit Facility to SI is extended beyond July 31, 2004, on the basis set forth in the second sentence of Section 2.10 of the Credit Agreement, U.S. Bank and SI shall negotiate in good faith to establish financial covenants (based upon SI’s fiscal 2005 Budget) for the fiscal period ending October 31, 2004.

  • The revenue of the Consolidated Revenue Fund for fiscal 2005-2006 is revised to $55 448 million, $313 million more than anticipated in the April 21, 2005 Budget.

Related to 2005 Budget

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

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

  • 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.

  • Approved Budget means an annual budget-

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

  • 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.

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

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

  • 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.

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

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Research Budget has the meaning set forth in Section 4.2.

  • 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.

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • 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.

  • Business Plan means the information required to be supplied to the

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • 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.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.