Budget for Costs definition
Examples of Budget for Costs in a sentence
Any change to a Budget for Costs will only be binding when a revised Budget for Costs is signed by both Parties.
To the extent that such amendment results in an increase in the cost of Production the Parties shall, in good faith, examine and agree upon the financial consequences thereof and shall make appropriate adjustments to the Budget for Costs set pursuant to Clause 10.1 for the year in question.
Within fifteen (15) days thereof the Parties shall meet to discuss and agree the Budget for Costs for the upcoming calendar year.The *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission.
If, for some reason, *** requires a change to the Budget for Costs for a specific calendar year, *** shall present GW with evidence for the requested change and the Parties shall discuss the changes to the budget in good faith.
The Parties shall discuss such proposed changes in good faith, including (i) whether British Sugar can implement the requested change or amendment to the BRM Specifications (including the Growing Protocol), and (ii) if British Sugar can implement the requested change or amendment to the BRM Specifications (including the Growing Protocol), the consequences of such change on the Budget for Costs and the time it will take British Sugar to implement the change.
In the event of a failure to agree the Budget for Costs in any year, the Parties shall adopt the most recently approved Budget for Costs for a calendar year in which the Growing Plan required British Sugar to Produce 213 tonnes of BRM.
If, for some reason, British Sugar requires a change to the Budget for Costs for a specific calendar year, British Sugar shall present GW with evidence for the requested change and the Parties shall discuss the changes to the Budget for Costs in good faith.
The Parties shall discuss the Budget for Costs for the upcoming calendar year at their meeting held pursuant to Clause 4.
On or before 30 September 2017 and 15 September in each subsequent calendar year during the Term, British Sugar shall submit to GW its draft Budget for Costs for the coming calendar year.
Further, if the Budget for Costs that cannot be agreed relates to a Growing Plan that requires British Sugar to Produce more than 213 tonnes of BRM, the Parties shall adopt the most recently approved Budget for Costs for a calendar year in which the Growing Plan required British Sugar to Produce 213 tonnes of BRM and the associated Growing Plan.