OPEX Budget definition
OPEX Budget means any budget in respect of the Operations (excluding the CAPEX Plan) which shall represent the customary operational expenditures applicable to an efficient mining operation in Armenia;
OPEX Budget means the amount of expenditures planned as of the date hereof to be made by the Company during the first calendar quarter of 2018, as set forth on Schedule 1.1(d).
OPEX Budget means the amount of expenditures planned as of the date hereof to be made by the Company, as set forth on Schedule 1.1(c)(ii) for the periods set forth therein.
Examples of OPEX Budget in a sentence
For the purpose of avoiding any operational difficulties, pending approval of the Proposed Programme and Budget, the previous Year's approved OPEX Budget shall apply to the new Year.
More Definitions of OPEX Budget
OPEX Budget means the approved Opex Budget pursuant to clause 8 (Work Programmes and Budgets) of the Operating Agreement;