Forbearance Budget definition

Forbearance Budget means the operating budget attached as Exhibit 3 to the Forbearance Agreement.
Forbearance Budget means the operating budget attached as Schedule 3 to the Forbearance Agreement.

Examples of Forbearance Budget in a sentence

  • So long as no Event of Default has occurred and is continuing and except as otherwise provided in Section 7.3, each Debtor shall have the right to collect and receive payments on its Accounts, and to use and expend the same in the normal course of business in accordance with the Forbearance Budget.

  • The Debtors shall be permitted to use cash in any such Cash Collateral Account to pay the reasonable fees and expenses of the Debtors’ professionals and to otherwise make disbursements that are in accordance with the Forbearance Budget (subject to Permitted Variances).

  • The Secured Party may agree in writing to the use of cash in any Cash Collateral Account which does not conform to the Forbearance Budget.

  • Without in any way limiting any term or provision of the Credit Agreement (including, without limitation, Sections 2.1 and 12.15 thereof), Borrower shall pay or reimburse Administrative Agent, as applicable, for all fees and expenses incurred by, or on behalf of, the Administrative Agent included in the Forbearance Budget during the respective weeks in which such fees and expenses are listed in the Forbearance Budget.

  • The Collateral Agent may, with the consent of the Majority Participating Counterparties, agree in writing to the use of cash in any Cash Collateral Account which does not conform to the Forbearance Budget.

  • On or prior to 12:00 p.m. prevailing Central time on April 16, 2007, and on or prior to each Thursday thereafter during the Forbearance Period, Borrower shall prepare and deliver to Administrative Agent a schedule in the form attached hereto as Exhibit B, which sets forth each and every product vendor payment that Borrower proposes to make during the immediately following week (or portion thereof) in accordance with the Forbearance Budget (as defined below) (each, a "Proposed Vender Payment Schedule").

  • On March 30, 2007 and on or prior to each Thursday thereafter during the Forbearance Period, Borrower shall prepare and deliver to Administrative Agent a schedule in the form attached hereto as Exhibit B, which sets forth each and every product vendor payment that Borrower proposes to make during the immediately following week in accordance with the Forbearance Budget (as defined below) (each, a "Proposed Vender Payment Schedule").

Related to Forbearance Budget

  • 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.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Approved Budget means an annual budget-

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

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

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

  • 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.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Research Budget has the meaning set forth in Section 3.2.

  • Project area budget means a multiyear projection of annual or cumulative

  • Debt service extension base means an amount equal to that

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Modification Fee means a fee, if any, collected from a Mortgagor by the Master Servicer in connection with a modification of any Mortgage Loan (other than a Non-Serviced Mortgage Loan), Serviced Companion Mortgage Loan or B Note other than a Specially Serviced Mortgage Loan or collected in connection with a modification by the Special Servicer of a Specially Serviced Mortgage Loan.

  • 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;

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • Permit modification means a revision to a Title V operating permit that cannot be accomplished under the provisions for administrative permit amendments found at rule 567—22.111(455B). A permit modification for purposes of the acid rain portion of the permit shall be governed by the regulations pertaining to acid rain found at rules 567—22.120(455B) to 567—22.147(455B). This definition of “permit modification” shall be used solely for purposes of this chapter governing Title V operating permits.

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.