Operating Budgets definition

Operating Budgets means, the Operating Budget for two (2) or more Properties or all of the Properties.
Operating Budgets means the Development Budget and the Hotel Operating Budget.
Operating Budgets means the budget attached as Annex A to the Bridge Notes, the Second Tranche Budget (as defined in the Bridge Notes) and the Third Tranche Budget (as defined in the Bridge Notes).

Examples of Operating Budgets in a sentence

  • Charter School shall adhere to the provisions of the Charter School Annual Operating Budgets.

  • Manager shall be authorized to access the accounts without the approval of TRSes, subject to any limitation on the maximum amount of any check, if any, established between Manager and TRSes as part of the Annual Operating Budgets.

  • Rather than inflating Directorate Operating Budgets to cover all potential risk items, these are collated and budgeted for in the round.

  • The website includes a summary of the approved Operating Budgets.

  • Reallocation of funds between Operating Budgets and Capital Budgets is not permitted under any circumstances.

  • Lessee and Manager acknowledge and agree that the Annual Operating Budgets are merely forecasts of operating revenues and expenses for an ensuing year and shall be revised, by agreement of Lessee and Manager, from time to time as business and operating conditions shall demand.

  • FY20 Approved Operating Budget and contingent upon Board approval of FY21 and FY22 Operating Budgets.

  • MTC and ABAG will develop, present, seek approval for, and implement Operating Budgets and Work Plans as provided in Section [4].

  • Operating Budgets are guides prepared in advance of the Fiscal Year and therefore are not always a precise plan for revenue and expense.

  • The MaineHousing occupancy specialist may require a knowledgeable, qualified provider to verify that the household member has a disability and/or that there is a disability-related need for the requested accommodation.


More Definitions of Operating Budgets

Operating Budgets means a four week budget showing each of the ----------------- following on a line item basis: (a) budgeted cash receipts (including as a result of the receipt of proceeds from Loans made hereunder), (b) anticipated disbursements and (c) Letters of Credit to be issued during the applicable period. The cash receipts and disbursements budgets within each Operating Budget must tie to the Global Budget then in effect. Revisions to Operating Budgets (and corresponding changes to the Global Budget) may be approved by the Majority Lenders in their sole discretion.
Operating Budgets means the operating budgets for the Property and the Separate Property for the current and next calendar years, in form, substance and level of detail satisfactory to Lender.
Operating Budgets of the Company shall mean the operating budgets for the Company which shall be prepared by the Managers with respect to the business plan and operating budget for the Company for each succeeding fiscal quarter. The initial Operating Budget for the Company is annexed hereto as Exhibit A.

Related to Operating Budgets

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

  • Annual Operating Budget as defined in Section 6.2(c).

  • Annual Budget means the budget approved by the municipal council for any particular financial year, and shall include any adjustments to such budget.

  • Budgets has the meaning set forth in Section 2.12(b).

  • 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 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:

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

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Site or Easement Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

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

  • 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 Budget means an annual budget-

  • Project area budget means a multiyear projection of annual or cumulative

  • Initial Budget has the meaning set forth in Section 6.4(a).

  • 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 piece of real property (including without limitation, the cost of acquiring such piece of real property (except to the extent any portion thereof is Unimproved Land), reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs), as reasonably determined by the Borrower in good faith. Real property under construction to be (but not yet) acquired by the Borrower or a Subsidiary upon completion of construction pursuant to a contract in which the seller of such real property is required to complete construction prior to, and as a condition precedent to, such acquisition, shall be subject to this definition.

  • Annual Projections is defined in Section 6.2(a).

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

  • Operating Expenditures means all Partnership Group cash expenditures (or the Partnership’s proportionate share of expenditures in the case of Subsidiaries that are not wholly owned), including taxes, compensation of employees, officers and directors of the General Partner, reimbursement of expenses of the General Partner and its Affiliates, debt service payments, Maintenance Capital Expenditures, repayment of Working Capital Borrowings and payments made in the ordinary course of business under any Hedge Contracts, subject to the following:

  • 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.

  • Annual Work Plan and Budget means the work plan and budget referred to in Section I.D of Schedule 2 to this Agreement

  • Capital Expenditure means expenditure on:

  • Planned Expenditures has the meaning assigned to such term in clause (b) of the definition of “Excess Cash Flow”.

  • 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.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures (i) for the addition or improvement to or the replacement of the capital assets owned by any Group Member, (ii) for the acquisition of existing, or the construction or development of new, capital assets or (iii) for any integrity management program, including pursuant to the Gas Transmission Pipeline Integrity Management Rule (49 CFR Part 192, Subpart O) and any corresponding rule of state law) if such expenditures are made to maintain, including over the long term, the operating capacity or operating income of the Partnership Group. Maintenance Capital Expenditures shall exclude Expansion Capital Expenditures or Investment Capital Expenditures, but include interest (and related fees) on debt incurred and distributions in respect of equity issued, other than equity issued in the Initial Public Offering, in each case, to finance the construction or development of a replacement asset and paid in respect of the period beginning on the date that a Group Member enters into a binding obligation to commence constructing or developing a replacement asset and ending on the earlier to occur of the date that such replacement asset Commences Commercial Service and the date that such replacement asset is abandoned or disposed of. Debt incurred to pay or equity issued, other than equity issued in the Initial Public Offering, to fund construction or development period interest payments, or such construction or development period distributions in respect of equity, shall also be deemed to be debt or equity, as the case may be, incurred to finance the construction or development of a replacement asset and the incremental Incentive Distributions paid relating to newly issued equity shall be deemed to be distributions paid on equity issued to finance the construction or development of a replacement asset. Maintenance Capital Expenditures will include cash contributed by any Group Member to an entity of which such Group Member is, or after such contribution will be, directly or indirectly, an equity owner to be used by such entity for capital expenditures of the types described in clauses (i), (ii) or (iii) above.

  • 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).