Management Budget definition

Management Budget has the meaning set forth in Section 4.1 of the Amended and Restated Research and Development Agreement.
Management Budget means the annual budget prepared by the Manager in accordance with Subsection D of Section VI of this Deed. “management expenditure” means all costs, expenses and charges reasonably and necessarily incurred or to be incurred for the management of the Land and the Development, including Manager’s Remuneration.
Management Budget means, in relation to a Financial Year, the budget of the Management Expenses which is prepared and sent or (as the case may be) displayed in accordance with Clause 13(b) by the Manager and has not been rejected under Clause 13(f) including all revisions thereto made in compliance with Clause 13(d); and “approval”, when used in relation to the Management Budget, means the preparation and sending or (as the case may be) displaying of the budget in accordance with Clause 13(b) or Clause 13(d) and the fact of its not being rejected under Clause 13(f) and “approve”, when used in relation to the Management Budget, shall be construed accordingly;

Examples of Management Budget in a sentence

  • Service Delivery Management Program and Project Monitoring and Evaluation LEADING COMPETENCIES DEFINITION WEIGHTING ACHIEVEMENT LEVELS AND INTERPRETATION OF RATING 4 Financial Management Budget Planning and Execution Able to compile, plan and manage budgets, control cash flow, institute financial risk management and administer procurement processes in accordance with recognised financial practices.

  • This organizational expenses fee shall show as a "management" expense item under the "Management Budget" and shall be $40 per month per leasehold with the right of increase as follows: it is agreed that the rate of increase of the "management " line item in the "Management Budget" shall not exceed the rate of increase of the Federal Consumer Price Index, with the date of December 31, 2001 being the base-line date for such computations.

  • Should Contractor expend a combined total of all federal awards that exceeds THREE HUNDRED THOUSAND DOLLARS ($300,000) during Contractor’s fiscal year, this audit must also meet the requirements of the Federal Single Audit Act and the Federal Office of Management Budget (OMB Circular A-133.

  • The Host Party will provide a monthly written report to the Joint Committee setting out income and expenditure to date in respect of the Programme Management Budget, including identification of and provision of reasons for, any potential overspend or underspend against the Programme Management Budget, and any recommended actions for the Joint Committee to consider.

  • Federal law also directs the State to ensure that the cost and accounting standards of the Office of Management Budget (OMB) apply to recipients of CSBG funds.

  • Procurement of property, goods and services from Contract funds shall be governed by Grantor's Procurement Policy or the Contractor's procurement policy and practices, provided they are consistent with the Office of Management Budget OMB Circular A-102.

  • The County will invoice the City for the amount as scheduled in the Emergency Management Budget Cost Share each year by April 30.

  • The Emergency Management Budget Cost Share analysis for the current fiscal year will be attached as Appendix “C” and will replace any previous analyses.

  • Non-profit agencies and public entities receiving a cumulative total from all providers of $500,000 or more in Federal direct or indirect funds, shall comply with the provisions of the Single Audit Act of 1996 as identified in the Federal Office of Management Budget Circular A-133.

  • The City agrees to compensate the County for emergency management expenses as detailed in the Emergency Management Budget Cost Share analysis.


More Definitions of Management Budget

Management Budget. The parties shall establish a management budget to pay for office space, phones, wages, marketing brochures, marketing programs and other necessary items which may be determined as being in the best interest of the Joint Venture. FEES TO BE PAID: The Joint Venture will pay for the following:
Management Budget means collectively the Development Management Budget and the Car Park Management Budget;