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 Operating Budget and Asset Expenses Budget for each One Year Period during the term of this Agreement shall be adopted by each Person within the Serviced Group in accordance with Section 7.05(c).
The Servicer shall, in the course of providing the Services hereunder, use reasonable efforts to achieve the Initial Budgets during the Initial Period and to achieve the Operating Budget and the Asset Expenses Budgets for and during each One Year Period.
The initial Operating Budget and the initial Asset Expenses Budget for the Initial Period (together, the “Initial Budgets”) shall be adopted by each Person within the Serviced Group by the Initial Closing Date in substantially the form attached hereto as Exhibit A.
More Definitions of Operating Budget
Operating Budget means the operating budget for the Project prepared and delivered in accordance with Section 5.10.
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 Recipient’s 2020 operating budget
Operating Budget has the meaning assigned to such term in Section 7.05(a)(A) of this Agreement.
Operating Budget is defined in Section 2.05.
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 which shall set forth, among other matters, anticipated cash income and expenditures and reserve additions for such Fiscal Year;