Operating Budgets definition

Operating Budgets means, the Operating Budget for two (2) or more Properties or all of the Properties.
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Operating Budgets means, with respect to any Fiscal Year, a detailed projection of all estimated income, expenses and costs of the Borrower collectively for each month of such Fiscal Year based on projected operating expenses and other related overhead expenses during such Fiscal Year, as provided by the Borrower and approved by the Lender pursuant to Section 6.01(k).
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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).
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Examples of Operating Budgets in a sentence

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

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

  • 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.

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

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

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

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

  • FY18 Approved Operating Budget and contingent upon Board approval of FY19 and FY20 Operating Budgets.

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

  • 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.


More Definitions of Operating Budgets

Operating Budgets means the Development Budget and the Hotel Operating Budget.
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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.
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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.
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Operating Budgets refer to these budgets collectively.
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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.
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Related to Operating Budgets

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

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

  • 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.

  • 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.

  • 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 7.06(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 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 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 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:

  • 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 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.

  • Capital Expenditure means expenditure on:

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

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Research Budget has the meaning set forth in Section 2.2.