Opening Budget definition

Opening Budget means the budget for the start-up of the Company's operations, which is attached hereto as Exhibit B and incorporated herein.
Sample 1

Examples of Opening Budget in a sentence

  • Restaurant Project Plan: Restaurant Opening Budget A typical Rapid Fired Pizza or Hot Head Burritos restaurant will be located as an end-cap leased location in a shopping center with a major daily needs anchor such as a grocery store, home improvement store or equivalent big box high traffic business.

  • Manager shall only incur such expenses and perform such services under this Section 1 as shall be provided for in a Pre- Opening Budget approved by the Partnership.

  • For example, a Pre- Opening Budget may consist of a request to engage a specific professional such as an architect or designer at a specific price or rate of compensation, may be a request to hire a specific individual or unidentified individuals at specific rates of compensation, or may be in the nature of line items of a general nature such as travel, secretarial services, equipment, landscape, architects, etc.

  • FCMI shall prepare proposed budgets for the pre-opening ("Pre-Opening Budget") and for the Grand Opening ("Grand Opening Budget") for Owner's review and approval based upon a detailed breakdown of FCMI's personal rates and costs to be charged to Owner by FCMI.

  • Owner shall deposit such sums to fund the Pre- Opening Expenses in accordance with the schedules as shall be established by the parties in the Pre-Opening Plan and Pre- Opening Budget and Owner shall maintain sufficient funds therein to timely provide for any and all Pre-Opening Expenses.

  • Pre Opening Budget The first step in this process will be to create a pre-opening budget for client approval.

  • To implement such pre-opening program, manager shall prepare a comprehensive pre-opening Phase I budget which shall be submitted to the Management Business Board for its approval within sixty (60) days after the Effective Date ("Pre- Opening Budget").

  • In accordance with the Management Plan and the approved Opening Budget, the Manager will make arrangements for water, electricity, gas, sewage and trash disposal, pest control, lawn and pool maintenance, security, laundry facilities theatre operation and maintenance, beauty/bxxxxx shop operation and maintenance, and food and beverage services for the dining room providing three meals per day (breakfast, lunch and dinner) and similar services commensurate with the Facility Standard.

Related to Opening Budget

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

  • 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.

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • 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.

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

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

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

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

  • Approved Budget means an annual budget-

  • 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.

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • 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.

  • 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.

  • 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.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Research Budget has the meaning set forth in Section 4.2.

  • Timeline means the list of critical dates and actions included in the Introductory Materials.

  • Business Plan means the information required to be supplied to the

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • 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;

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

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