Annual Budgets means the Operating Budget and Capital Budget prepared, delivered and approved in accordance with Section 3.6.
Annual Budgets. As used in this Lease, the term "Annual Budgets" shall mean the Operating Budget and Capital Budget prepared, delivered and approved in accordance with Section 3.6.
Annual Budgets is defined in Section 6.16(a).
Examples of Annual Budgets in a sentence
Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund.
Annual Budgets and/or updates thereof submitted to Lender in accordance herewith and, if Lender approval is then required hereunder, approved or deemed approved by Lender in accordance with Section 4.9.5(b) hereof, shall hereinafter be referred to as an “Approved Annual Budget”.
All of the foregoing obligations shall be undertaken in accordance with the Annual Budgets and applicable law and regulations.
Annual Budgets OCDC is required to provide to the New York State authorities budget office an annual budget on operations and capital construction setting forth the estimated receipts and expenditures for the next fiscal year and the current fiscal year.
In addition, the District Manager prepares the Annual Budget(s), implements all policies of the Board of Supervisors, and attends all meetings of the Board of Supervisors.
More Definitions of Annual Budgets
Annual Budgets the then current Annual Cap Ex Budget or Annual Operating Budget or both, as applicable. Annual Cap Ex Budget: the capital expenditures budget of the Company for a given Fiscal Year, each of which will be consistent with the Four Year Plan applicable for the given Fiscal Year and will be in the form of, and contain the same scope of information included in, the First Year Cap Ex Budget.
Annual Budgets means the proposed operating and capital budgets of the Resort which shall have been prepared and submitted by the Resort Manager to the Partnership for its approval in respect of each fiscal year of the Partnership pursuant to the terms of the Management Agreement.
Annual Budgets means, with respect to a fiscal year, the budgets of the Agency prepared in accordance with Section 2.6 of this Agreement.
Annual Budgets has the meaning set forth in Section 8.4(a).
Annual Budgets means the annual budgets that the Loral Entities cause SS/L management to develop in order to implement the Strategic Plan.
Annual Budgets the then current Annual Cap Ex Budget or Annual Operating Budget or both, as applicable. Annual Cap Ex Budget: the capital expenditures budget of the Company for a given Fiscal Year, each of which will be consistent with the Four Year Plan applicable for the given Fiscal Year and will be in the form of, and contain the same scope of information included in, the First Year Cap Ex Budget. Annual Operating Budget: the operating budget of the Company for a given Fiscal Year, each of which will be consistent with the Four Year Plan applicable for the given Fiscal Year and will be in the form of, and contain the same scope of information included in, the First Year Operating Budget. Approved Affiliate Transactions: the following agreements and transactions: [a] the Contribution Agreement, all Affiliate Contracts that are Assumed Contracts (as identified on the Schedules to the Contribution Agreement) to which the Company, on the one hand, and a Member or an Affiliate of a Member, on the other hand, are parties after the Effective Date, and all agreements entered into in connection with closing of the Contribution Agreement that are between a Member or an Affiliate of a Member and the Company, including all agreements related to the contribution of assets by the Members to the Company (and maintenance thereof) and the applicable Ancillary Agreements, [b] the GCI Services Agreement, subject to the terms of Section 6.4[n][x] and [y], respectively, in the case of Professional Services and Satellite Capacity Services provided under such agreement, [c] the ACS Services Agreement, [d] the Facilities and Network Use Agreement, [e] the GCI Working Capital Loan and [f] any other agreement or transaction that is approved by the unanimous Vote of the Members. Arbitration Agreement: that certain Arbitration Agreement between the Company and the Members set forth as the attached Exhibit E, as it may be amended from time to time, and which is hereby incorporated into and made a part of this Agreement. Arbitrator: as defined in the Arbitration Agreement. Information indicated by [***] in the text has been omitted and filed separately with the Securities and Exchange Commission pursuant to a request for Confidential Treatment under Rule 24b-2 under the Securities Exchange Act of 1934. Arbitrator’s Expenses: as defined in the Arbitration Agreement.
Annual Budgets means the operating and capital budgets for each -------------- Hotel for 1998 as prepared by a Star Company pursuant to the applicable Hotel Lease and approved by the Lessor under such Hotel Lease as amended or revised to the date of this Agreement.