Implementation Budget definition
Examples of Implementation Budget in a sentence
AEM shall assume all of the expenses related to the activities of the BOC, including KIA’s costs in accordance with the Annual Implementation Budget.
AEM shall assume all of the expenses related to the activities of the ECC, including KIA’s costs in accordance with the Annual Implementation Budget.
The Implementation Budget shall identify the amounts of contributions and expenses, including direct and indirect implementation costs that the Parties anticipate will be incurred during the forthcoming QIA Fiscal Year that may be necessary or desirable for the continued implementation of this IIBA.
The annual budget for the Employment Committee and the Contracting Committee will be included in the Implementation Budget as set forth in Section 4.10.
The Parties agree that there shall be an Implementation Budget established annually for each QIA Fiscal Year or portion of a QIA Fiscal Year until Project Termination in the general form of budget document agreed to by the Joint Executive Committee from time to time.
The required contributions and permitted expenses to be set forth in an Implementation Budget shall be approved by the Joint Executive Committee and are subject to arbitration pursuant to Article 21 in the event that the Joint Executive Committee is unable to reach a decision, with assistance of the Employment Committee or Contracting Committee, based on the respective rights and obligations of the Parties pursuant to this Agreement.
This Agreement includes an Implementation Budget intended to satisfy BPA’s obligations during the term of this Agreement, including obligations during rate periods where a conservation rate credit may not be available.
Upon receipt, either Party may request a meeting to discuss the actual costs and a proposed revision to the Initial Implementation Budget or the Annual Implementation Budget and the Parties shall forthwith enter into good faith negotiations concerning revisions to either Budget.
When BPA notifies Sumas of its Initial Implementation Budget for the upcoming Rate Period pursuant to section 3(b) above, BPA shall also notify Sumas of its Performance Payment classification category and rate for the upcoming Rate Period.
Subject to any revision to the Initial Implementation Budget or the Annual Implementation Budget agreed to by the Parties, any difference shall be credited to or against the next payment due to KIA.