Approved Budget definition

Approved Budget means an annual budget-

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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

• Advances for the payment of costs of labor, materials, and services supplied for the construction of the Improvements and all other items shown in the Approved Budget (other than funds drawn in the initial Advance) shall be made by Lender after actual commencement of construction of the improvements, for work actually done during the preceding period.

• From time to time, Borrower shall submit or cause the Contractor to submit an Advance Request to Lender requesting an Advance for the payment of costs and expenses as specified in the Approved Budget.

• The term “Loan” shall mean the construction loan by Lender to Borrower, in an amount up to the amount set forth in the first paragraph of this Loan Agreement, not to exceed, in the aggregate, the payment of the costs of labor, materials, and services supplied for the construction of the Improvements and all other expenses incident to the acquisition and the construction of the Property, all as specified in the Approved Budget.

• An initial Advance may be requested at the closing for the Loan for the purchase of the Property and certain ancillary costs associated therewith (such as marketing expenses, closing fees, interest reserves, taxes, ▇▇▇▇▇▇▇ money, etc., as may be documented in an Approved Budget).

• Lender reserves the right to make Advances which are allocated to any of the designated items in the Approved Budget for such other purposes or in such different proportions as Lender may, in its sole discretion, deem necessary or advisable.

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. – 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 ascribed to such term in Section 4.4(c).

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

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 means an annual budget that is approved by the Municipal Council and by a Provincial or the National Executive following an intervention in terms of section 139 of the Constitution, and includes such an annual budget as revised by an adjustments budget in terms of section 28 of the Municipal Finance Management Act.