Approved Annual Business Plan definition

Approved Annual Business Plan means, at any time, the Annual Business Plan as then approved by Owner in accordance with Section 2.9.

Approved Annual Business Plan means the Annual Business Plan (including the Approved Budget) in effect at any time as approved by the Redeemable Preferred Directors.

Approved Annual Business Plan has the meaning given to such term in Section 8.1(a)(xxiv).

Examples of Approved Annual Business Plan in a sentence

• In accordance with Article 7, Pinnacle will pay out of the Operating Account the operating expenses of the Project and any other payments relating to the Project required by the terms of this Agreement or set forth in the Approved Annual Business Plan.

• Manager shall have the right to arrange for the purchase by Owner, at Owner’s expense, in an economical and efficient manner of all inventories, supplies and equipment which, in the ordinary course of business, are commercially reasonably necessary and appropriate to maintain and operate each Property in accordance with the Standards of Conduct and the Approved Annual Business Plan and Budget (subject to Permitted Variances).

• Manager shall perform property management services, including those services more specifically described in this Agreement (collectively, the “Services”) in accordance with the Approved Annual Business Plan and Budget (subject to Permitted Variances), the Standards of Conduct and the other terms and conditions of this Agreement.

• Manager shall promptly remedy any violation of any such Legal Requirements of which Manager becomes aware, including any Tenant violations, all at Owner’s expense in accordance with the Approved Annual Business Plan and Budget (subject to Permitted Variances).

• Subject to the provisions of this Agreement, during the Term, Manager agrees, for and in consideration of the Management Fee set forth above, to manage and operate the Properties on behalf of Owner and for the account of Owner, and to perform all Services and all of its duties and obligations hereunder, in each case in accordance with the Standards of Conduct and the Approved Annual Business Plan and Budget (subject to Permitted Variances).

More Definitions of Approved Annual Business Plan

Approved Annual Business Plan means an annual financial and business plan prepared by the Debtors for each calendar year through the maturity of the Exit Facilities with the initial Approved Annual Business Plan to be filed as part of the Plan Supplement, with the content thereof subject to approval by Requisite Consenting Lenders, which plan may be updated by the Debtors within forty-five (45) days after the end of any fiscal quarter subject to the approval of such update by the Agent, and in any event which shall be updated on an annual basis within one hundred and twenty (120) days after the end of each fiscal year.

Approved Annual Business Plan has the meaning ascribed to such term in Section 6.13.3 of this Agreement.

Approved Annual Business Plan has the meaning ascribed to such term in the Company Agreement.

Approved Annual Business Plan means an Annual Business Plan that has been submitted by the Sharyland Member and Approved by the TDC Member in accordance with Section 8.1.

Approved Annual Business Plan means an annual financial and business plan prepared by the Borrowers for each Subject to FRE 408 Privileged and Confidential Attorney Work Product calendar year through the maturity of the Facilities delivered on the closing date and subject to reasonable approval by Requisite Lenders. The annual business plan may be updated by the Borrowers within 45 days after the end of any fiscal quarter subject to the reasonable approval of such update by the administrative agent, and in any event shall be updated on annual basis within 120 days after the end of each fiscal year.

Approved Annual Business Plan has the meaning given in the Casino Operating and Services Agreement.

Approved Annual Business Plan means a plan covering the operation and maintenance of the Golf Course for the applicable Budget Period, prepared by Manager and approved by Owner in accordance with paragraph 9.1(b) of this Agreement, as such plan may be amended from time to time.