Current Budget definition

Current Budget means the sum of approved estimates of the current expenditure for a financial year in the Annual Budget Statement;

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Current Budget means the Annual Operating and Capital Budget approved by Council for the current fiscal year at which time purchases of goods and services are considered and approved.

Current Budget means, in respect of each Annual Site Funding Limit, that proportion of the Annual Site Funding Limit which is allocated to Costs which are not Capital Costs;

Examples of Current Budget in a sentence

• Payments due under the Current Budget on account of internal FTEs shall be made by CFFT [***].

• Payments due under the Current Budget on account of external costs shall be made by CFFT [***] All payments shall be made without deduction for withholding or other similar taxes, in United States dollars to the credit of such bank account as may be designated by Vertex in writing to CFFT.

• CFFT may by written notice delivered to Vertex (the “Alternate Program Termination Notice”) elect to terminate the Alternate Program and all funding which under the Current Budget would have been allocated to the Alternate Program after the effective date of termination.

• Notwithstanding such Termination, CFFT will reimburse Vertex during the ninety (90) days following such Termination for all outsourced costs [***] From and after the date the Alternate Program Termination Notice is received by Vertex, CFFT will not be obligated to fund any other outsourcing costs allocated in the Current Budget to the Alternate Program.

• The Initial Corrector Budget includes only amounts that are incremental to the funding currently provided for Corrector research in the “Alternative Program” under the Current Budget.

More Definitions of Current Budget

Current Budget shall have the meaning set forth in Section 5.5.

Current Budget means that proportion of the SLC Annual Funding Limit which the Contractor is permitted to spend on non-capital costs, as set out in Part 1 of the Finance Schedule (Funding Limits, Available Base Fee and Available Base Plus Fee) as adjusted (if at all) pursuant to Part 2 of the Programme Management Schedule (Baseline Management and Change Control);

Current Budget means, at any time, the Budget most recently approved by the Agent at that time.

Current Budget has the meaning set forth in Section 4 of Part A of Schedule 3;

Current Budget means that proportion of the Annual Site Funding Limit for the relevant Contract Year which the Contractor is permitted to spend on non-capital costs, as set out in Part 3 (Funding Limit and Available Fee) of Schedule 6 (Finance Schedule) as adjusted (if at all) pursuant to Part 3 (Change Control) of Schedule 2 (Programme Management and Change Procedure);

Current Budget has the meaning assigned to such term in Section 6.1.

Current Budget means sum of approved estimates of cost of estab- lishment and operating expenditure other than development works for a financial year;