Approved Budget definition

Approved Budget means an annual budget-

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Approved Budget. ’ means an annual budget approved by a municipal council.

Approved Budget means the total budget as approved by the Board of the Company upon the recommendation of the CSR Committee, which is to be utilized for CSR Projects.

Examples of Approved Budget in a sentence

SECTION 10.4. The Manager may, from time to time, in any calendar year propose amendments to the Approved Budget upon 15 days notice to the Parent, in which event the Executive Officers will have the right to approve the amendments in accordance with the process set out in Section 10.2 with the relevant time periods being amended accordingly.
If the Executive Officers do not present any Questioned Items within such 20-day period, they will be deemed to have accepted the Draft Budget and such Draft Budget shall be deemed to be the Approved Budget (as defined in Section 10.3).
SECTION 10.5. Once the Approved Budget has been delivered, the Manager shall prepare and present to the Parent its estimate of the working capital requirements of the Vessels and the Subsidiaries and the Manager shall each month update this estimate.
However, the Parent acknowledges that the Approved Budget is only an estimate of the performance of the Vessels and/or the Subsidiaries and the Manager makes no assurance, representation or warranty that the actual performance of the Vessels and/or the Subsidiaries in any relevant calendar year will correspond to the estimates contained in the Approved Budget for that calendar year.

More Definitions of Approved Budget

Approved Budget means the Hotel Operating Budget prepared in accordance with Section 6.01 of this Agreement and approved in writing by Lessee.

Approved Budget shall have the meaning set forth in Section 6.15(b).

Approved Budget shall have the meaning set forth in Section 10.3.

Approved Budget. – means an annual budget approved by a municipal council, provincial or national executive following an intervention in terms of section 139 of the Constitution, and includes such an annual budget as revised by an adjustment budget in terms of section 28 of Municipal Finance Management Act;

Approved Budget has the meaning assigned to it in Section 5.17.

Approved Budget means a Work Programme or a Budget that has been approved by the Management Committee pursuant to the provisions of this Contract.

Approved Budget has the meaning ascribed to such term in Section 4.4(c).