Operating Budget definition

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

Operating Budget has the meaning set forth in Section 8.5.

Operating Budget means, with respect to any Fiscal Year, the operating budget for the Mortgaged Property reflecting Borrower’s projections of Gross Revenues and Property Expenses for the Mortgaged Property for such Fiscal Year and on an annual and monthly basis and submitted by Borrower to Lender in accordance with the provisions of Section 5.1(r)(viii), which Operating Budget shall include, as a component thereof, a Working Capital Budget.

Examples of Operating Budget in a sentence

• The parties will work together to identify budgetary flexibility and manage in-year risks and pressures to facilitate the achievement of an Annual Balanced Operating Budget for the Hospital.

• The City covenants and agrees, and the Parties authorize the City, to operate, manage and maintain the Shared Areas for and on behalf of the Parties in a manner consistent with the operation of a similar facility by a prudent municipality, subject always to the approval and inclusion of all costs of doing so within the Operating Budget, and subject further to direction of the Governance Committee.

• Upon written request of the Hospital, the LHIN may, in its discretion, waive the obligation to achieve an Annual Balanced Operating Budget on such terms and conditions as the LHIN may deem appropriate.

• CCCE’s Fiscal Year 2021 - 2022 (FY 2021/22) Operating Budget allocated funds for the Planning, Implementation, and Innovation Grant Program to support CCCE Member Agency projects and programs and promote electrification.

• Concurrent with its submission of the Initial Business Plan, Manager shall submit to Owner for Owner's approval, an Operating Budget for the Retail Property (the “Budget”) for the Fiscal Year beginning FY 2009-10 and for each Fiscal Year thereafter during the Term of this Agreement.

More Definitions of Operating Budget

Operating Budget. As defined in Section 3.5.

Operating Budget means, collectively, for any period, the Borrowers' budgets setting forth the Borrowers' best estimate, after due consideration, of all Operating Revenues and Operating Expenses and any other revenues, costs and expenses for each of the Properties for such period, which budgets have been approved by Lender in accordance herewith, as same may be amended pursuant to Section 5.1(D) hereof.

Operating Budget has the meaning assigned to such term in Section 7.05(a)(A) of this Agreement.

Operating Budget has the meaning provided in Section 12.7.

Operating Budget means the annual operating budget which sets forth the detail and summary of anticipated receipts and disbursements for the upcoming fiscal year.

Operating Budget means the operating budget for the Project prepared and delivered in accordance with Section 5.10.

Operating Budget which shall set forth, among other matters, anticipated cash income and expenditures and reserve additions for such Fiscal Year;