Business Plan Period definition

Business Plan Period means the Initial Business Plan Period and each subsequent one-year period during the term of this Agreement ending each succeeding December 31.
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Business Plan Period. The term "Business Plan Period" means the twelve (12)-month period ending December 31 of each year; provided that the initial Business Plan Period shall be the period beginning on the date the annual business plan for the Company's first Business Plan Period is approved by the Executive Committee pursuant to Section 2.07 and ending on the estimated Project Stabilization Date; and the second Business Plan Period shall be the period beginning on the day after the Project Stabilization Date and ending on the subsequent December 31. 14.26 California Act The term "California Act" means the California Revised Uniform Limited Liability Company Act as set forth in Title 2.6, Chapter 1 et seq. of the California Corporations Code, as hereafter amended from time to time.
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Business Plan Period. The term "Business Plan Period" means the twelve (12)-month period ending December 31 of each year; provided that the initial Business Plan Period shall be the period beginning on the date the annual business plan for the Company's first Business Plan Period is approved by the Executive Committee pursuant to Section 2.07 and ending on the estimated Project Stabilization Date; and the second Business Plan Period shall be the period beginning on the day after the Project Stabilization Date and ending on the subsequent December 31. 14.26 California Act The term "California Act" means the California Revised Uniform Limited Liability Company Act as set forth in Title 2.6, Chapter 1 et seq. of the California Corporations Code, as hereafter amended from time to time. 14.27 Capital Account The term "Capital Account" means with respect to each Member, the amount of money contributed by such Member to the capital of the Company, increased by the aggregate fair market value at the time of contribution (as determined by the Executive Committee) of all property contributed by such Member to the capital of the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Section 752 of the Code), the aggregate amount of all Net Profits allocated to such Member, and any and all items of gross income and gain specially allocated to such Member pursuant to Sections 4.03 and 4.04, and decreased by the amount of money distributed to such Member by the Company (exclusive of any guaranteed payment within the meaning of Section 707(c) of the Code paid to such Member), the aggregate fair market value at the time of distribution (as determined by the Executive Committee) of all property distributed to such Member by the Company (net of liabilities secured by such distributed property that such Member is considered to assume or take subject to under Section 752 of the Code), the amount of any Net Losses allocated to such Member, and any and all losses and deductions, including, without limitation, any and all partnership and/or partner "nonrecourse deductions" specially allocated to such Member pursuant to Sections 4.03 and 4.04. The foregoing Capital Account definition and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulation Sections 1.704-1(b) and 1.704-2 and shall be interpreted and applied in a manner consistent with such Regula...
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Examples of Business Plan Period in a sentence

  • TfL will also provide a revised cash flow forecast covering the remainder of the Business Plan Period following approval by the TfL Board of the 2020 Business Plan.

  • Multi year tariff fixation, truing up and equity amongst all the licensees is the need of the hour so that shareholders would be convinced to allow return on equity during the Business Plan Period to be ploughed back into the business towards funding of system improvement work.

  • They further requested theCommission to recognize the past financial losses as regulatory asset and adjust the same with the surplus revenue earned by GRIDCO and allow recovery of balance regulatory asset in future years ARR in the Business Plan Period.

  • The control period set out in the said Order was fitting into the Business Plan Period so that performance parameters like loss reduction, investment etc.

  • Each such Business Plan shall set forth, for each of the years covered by the Business Plan Period, the Company's capital expenditure and expense budgets, anticipated financing requirements, a detailed financial plan and proforma financial statements, and shall specify quantitative and qualitative goals for the Company and relate the attainment of those goals to the Company's strategic objectives.

  • For each Business Plan Period, the Management Committee will develop and approve an annual Business Plan.

  • Or more if necessary, during the Business Plan Period in order to assess the Business Plan progress.

  • The Business Plan for the Initial Business Plan Period of the Company is attached to this Agreement as Exhibit F.

  • At least 90 days prior to the end of the Initial Business Plan Period and each succeeding Business Plan Period thereafter, the Chief Executive Officer and Chief Financial Officer will cause to be prepared and presented to the Management Committee a proposed Business Plan for the next succeeding Business Plan Period (the "APPLICABLE BUSINESS PLAN PERIOD") for consideration and approval by the Management Committee.

  • The Buyer shall meet with the Seller at least once a year, or more if necessary, during the Business Plan Period in order to assess the Business Plan progress.


More Definitions of Business Plan Period

Business Plan Period means the twelve (12)-month period ending December 31 of each year; provided that the initial Business Plan Period shall be the period beginning on the Contribution Date and ending on the estimated Project Stabilization Date; the second Business Plan Period shall be the period beginning on the day after the Project Stabilization Date and ending on the subsequent December 31; and the last Business Plan Period shall end on the date the final liquidation and termination of the Company is completed.
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Business Plan Period as defined in the Fourth Amendment.
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Related to Business Plan Period

  • Business Plan means the information required to be supplied to the

  • Annual Business Plan means the business plan for the next calendar year made by Party A in accordance with this agreement prior to November 30 every year with the assistant of Party B.

  • Plan Period means the period designated in Section 4.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Operational Period means a period starting with the date and time a Certificate is issued (or on a later date and time certain if stated in the Certificate) and ending with a date and time at which the Certificate expires or is earlier revoked.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Working Week means an average of 48 hours each week calculated over a 17-week reference period.

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Budget Period means the fiscal period for which a budget is prepared.

  • Business Week means five consecutive Business Days, excluding Public Holidays as defined in the Public Holidays Act;

  • Research Budget has the meaning set forth in Section 2.2.

  • Leave Year means the year ending with the anniversary date of the employee’s appointment.