Capital Budget definition

Capital Budget has the meaning given in Section 3.11(a).

Capital Budget. As defined in Section 3.5.

Capital Budget shall have the meaning set forth in Section 5.1.1.2.

Examples of Capital Budget in a sentence

• In case of an objection, the Authority Board and StadCo will work together in good faith to finalize the Capital Budget within ten (10) days following receipt of such objection.

• StadCo will not commence work on any Capital Matter to which the Authority Board has objected until the objection is resolved to the satisfaction of both the Authority Board and StadCo. Once the Capital Budget is aApproved by the Authority Board, StadCo will be required to complete all work contemplated by such Capital Budget on a basis substantially consistent with the timetable in the proposed Capital Budget, except to the extent affected by Force Majeure or as otherwise Approved by the Authority Board.

• StadCo must obtain the Authority Board’s Approval in accordance with the terms of Section 8.1 hereof prior to commencing any work contemplated by the Capital Budget.

• The Authority Board’s review of the Capital Budget will not limit in any way the Authority’s rights under this Agreement with respect to any failure of StadCo to maintain the Premises in accordance with the Facility Standard or as otherwise required by this Agreement.

• Except to the extent of expenses incurred in connection with Capital Work detailed in the Capital Budget for that specific year Approved by the Authority Board as provided in Section 7.6(b)(i) hereof, the prior Approval of the Authority Board shall be required prior to StadCo’s withdrawal of funds from the Stadium Authority Capital Projects Fund.

More Definitions of Capital Budget

Capital Budget means the approved budget for capital items in a given fiscal period. Capital items are assets with a life expectancy of more than one financial year such as property, plant and equipment. The cost of which is normally written off over a number of fiscal periods;

Capital Budget which shall set forth, among other matters, anticipated and proposed capital expenditures for such year and the source of funds in respect thereto;

Capital Budget has the meaning provided in Section 12.7.

Capital Budget means the annual capital budget for the expenditures for major repairs, renovations and/or capital improvements in, on or about the Project, detailing the timing of such matters and the estimated cost.

Capital Budget has the meaning set forth in Section 8.5.

Capital Budget shall have the meaning set forth in Section 4.04.A.2.

Capital Budget means the short-term and long-term reasonably detailed capital budget adopted by StadCo, whereby the short-term portion of the plan shall identify the Capital Matters to be performed during the upcoming year and the next succeeding year that, for each such year,