Budgeted Amount definition

Budgeted Amount has the meaning provided in Section 17.1.1(d)(iii).

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Budgeted Amount as defined in Section 6.8(c).

Budgeted Amount means the aggregate amount of expenditures by the Company set forth in the Work Plan(s) (as defined in the Approved Development Agreement), which amount shall be the amount specified in the Term Sheet.

Examples of Budgeted Amount in a sentence

• If a Trigger Period shall be continuing, all Available Cash (after payment of the Monthly Budgeted Amount and any Approved Extraordinary Operating Expenses in accordance with Section 6.8.1) shall be paid to Lender, which amounts shall be transferred by Lender into an Account (the “Cash Collateral Account”) to be held by Lender as cash collateral for the Debt.

• If a Cash Sweep Period shall be continuing, all Available Cash (after payment of the Monthly Budgeted Amount and any Approved Extraordinary Expenses in accordance with Section 2.6.3) shall be paid to Lender, which amounts shall be transferred by Lender into a Subaccount (the “Cash Collateral Subaccount”) to be held by Lender as cash collateral for the Debt.

• With respect to any amendment to the Project Budget, for each applicable Line Item being amended, the Remaining Budgeted Amount must equal or exceed the Remaining Costs contemplated by such Line Item.

• If a Cash Sweep Period shall be continuing, all Available Cash (after payment of the Monthly Budgeted Amount and any Approved Extraordinary Expenses in accordance with Section 2.7.2(k)) shall be paid to Lender, which amounts shall be transferred by Lender into a Subaccount (the “Cash Collateral Subaccount”) to be held by Lender as cash collateral for the Debt.

• In addition, to the extent that, at any time, the Remaining Costs for a particular Line Item of such Project Budget shall exceed the Remaining Budgeted Amount with respect to such Line Item, such Borrower shall amend the applicable Project Budget in accordance with the provisions hereof to eliminate such excess.

More Definitions of Budgeted Amount

Budgeted Amount means the amount the IPA reasonably determines will be collected by Buyer for renewable resources during the relevant Reconciliation Period through charges to Buyer’s retail customers as authorized under Section 16-108(k) of the Public Utilities Act (220 ILCS 5/16-108(k)).”

Budgeted Amount as used in the definition of Completed Alteration Reimbursement Amount, shall refer, in the case of each In Process Alteration, only to the portion of the Budgeted Amount for such In Process Assignor Alteration which, in the reasonable good faith judgment of Assignor and Assignee, is fairly attributable to that portion of such In Process Assignor Alteration which has then been completed and evidenced as paid less any amounts reimbursed in respect of such In Process Assignor Alteration by tenants or third parties. Schedule V(b) will be subject to update to include Assumed Assignor Alterations which become In Process Assignor Alterations between the date hereof and closing and to delete In Process Assignor Alterations which become Completed Assignor Alterations between the date hereof and closing; PROVIDED THAT the Budgeted Amounts with respect thereto shall remain the same.

Budgeted Amount has the meaning specified in Section 3.03(a)(i).

Budgeted Amount shall be the amount set forth in the Description of Services for Services with respect to the Product through the completion of the Phase 3 ATPace™ Study. CLIENT and CRL agree that the payment of the special termination fee upon a Special Termination Event is neither liquidated damages nor a penalty but rather is specifically offered by CLIENT to CRL and accepted by CRL as consideration for CRL’s risk related to its agreement to take a significant portion of the Budgeted Amount of compensation for the Services in the form of CLIENT’s securities in lieu of cash compensation, which securities, upon issuance to CRL, will be subject to restrictions on transferability and of uncertain value. CLIENT and CRL further agree that CRL’s right to payment under this Paragraph shall be in addition to any other remedy available to CRL upon breach of this Agreement by CLIENT; provided, however, if CRL is entitled to payment under this Paragraph, such payment shall be in lieu of any payment required to be made by CLIENT, upon breach of this Agreement to CRL for lost profits (but not actual damages). 5.7 Upon notice of termination from CLIENT or the occurrence of a Special Termination Event, CRL shall immediately cease work and cease incurring costs in connection with the terminated Phase 2 ATPace™ Study, Phase 3 ATPace™ Study or Work Package(s), as the case may be; and CRL shall inform CLIENT of the extent to which performance has been completed through the anticipated time for termination; and CRL shall, (unless directed to do otherwise by CLIENT in the case of a termination by CLIENT), immediately take steps to wind down work in progress in an orderly fashion during the notice period. CLIENT shall pay CRL in amounts consistent with those in the Description of Services or the applicable Work Package, for all reasonable and customary wind down Services and/or Out of Scope Services following CLIENT’s notice of termination and prior to the effective date of such termination. If CLIENT (or a licensee or purchaser of the Product) abandons the Phase 2 ATPace™ Study or Phase 3 ATPace™ Study or a Work Package due to termination of the development of the Product or a decision to substantially revise the Product development program, no further amounts will be owed to CRL for Services or Out of Scope Services rendered after the date of termination or under Paragraphs 5.5 or 5.6, notwithstanding any other provision of this Agreement to the contrary.

Budgeted Amount means the amount equal to the aggregate of all amount of capital expenditure detailed in the Agreed Budget in respect of each calendar month from and including November 2014 up to and including the calendar month in which Closing occurs;

Budgeted Amount means an amount determined from year to year by the Chief Executive Officer of the Company, in consultation with the Chief Financial Officer and the Executive Vice President of Operations, and communicated to the Employee, it being understood, however, that the Budgeted Amount may be subject to adjustment during any year based upon the Company's determination of its growth in relation to its assumptions upon which the original Budgeted Amount was set;

Budgeted Amount shall have the meaning set forth in Section 3.1.1