Operating and Capital Budget definition

Operating and Capital Budget means a budget, prepared and certified by the Borrower, and approved in accordance with Section 8.21, of Operation and Maintenance Expenses and Permitted Capital Expenditures expected to be incurred by the Borrower during the relevant fiscal year to which such budget applies.
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Operating and Capital Budget is defined in Section 6.1(iv).
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Operating and Capital Budget means (i) with respect to the Fiscal Year in which the Sixth Amendment Date occurs, the budget attached hereto as Exhibit M, and (ii) with respect to each Fiscal Year thereafter, a budget, prepared and certified by the Borrower Group, and approved in accordance with Section 5.1(i) hereto, of Operation and Maintenance Expenses and Permitted Capital Expenditures expected to be incurred by the Borrower Group and their respective Subsidiaries during the relevant fiscal year to which such budget applies.
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Examples of Operating and Capital Budget in a sentence

  • Its capital management is granted annually through the approval of its Corporate Plan and Operating and Capital Budget.

  • Item #4 First Reading of the 2021 Operating and Capital Budget Ordinance Item #5 Conditional Use Permits for Three New BusinessesAn applicant wishes to open a veterinary clinic in the Alexan development.

  • The Annual Operating and Capital Budget is the financial plan for raising revenues and expending funds for all Athens-Clarke County departments, offices and constitutional officials.

  • Departments and Constitutional Officials submit Operating and Capital Budget requests for review by the Manager and the Mayor.

  • The process to develop the Annual Operating and Capital Budget begins about nine months prior to the beginning of the fiscal year.

  • MTREF Operating and Capital Budget (as incorporated in the consolidated budget above).

  • The City shall annually demonstrate that it will comply with this Policy based on its proposed Operating and Capital Budget for each year.

  • Included within those responsibilities is the annual budget process which eventually results with the publication of the budget document consisting of the Annual Operating and Capital Budget.

  • On February 18, 2014, the City Council adopted a resolution amending the Fiscal Years 2013-2014 and 2014-2015 Operating and Capital Budget creating the new TransNet- financed Sidewalk, Street, and Drainage Project.

  • This section of the Pinellas County Annual Operating and Capital Budget document contains information on the Capital Improvement Program (CIP).


More Definitions of Operating and Capital Budget

Operating and Capital Budget has the meaning set forth in Section 4.2(b)(i).
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Operating and Capital Budget for purposes of this section, means a plan of financial operation for an enterprise or other special fund embodying estimates of operating and nonoperating resources and expenses and other outlays for a fiscal [year] period. Except as otherwise expressly provided, "budget" or "budgets" and the procedures and controls relating thereto in other sections of this act are not applicable to the "operating and capital budgets" provided in this section.
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Operating and Capital Budget means the consolidated operating and capital budget and the overall strategic and comprehensive operating and business plan with regard to the Company and its subsidiaries and the Sahara, and covering the Company and its subsidiaries’ anticipated operations, including any reserve accounts.
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Related to Operating and Capital Budget

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

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

  • 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.

  • 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.

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

  • Capital Projects means the acquisition of any interest in land, including improvements on the

  • Approved Budget means an annual 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.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Capital Project means a project consisting of the construction, rehabilitation, demolition, relocation, preservation, acquisition, or other physical improvement that is an integral part of, or is necessary for completion of a Project.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

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

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • 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.

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

  • System Operating Limit or “SOL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) that satisfies the most limiting of the prescribed operating criteria for a specified system configuration to ensure operation within acceptable reliability criteria.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • 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.