Overspend definition

Overspend means any expenditure from a Pooled Fund in a Financial Year which exceeds the Financial Contributions for that Financial Year.
Overspend means any expenditure from a Pooled Fund in a Financial Year which exceeds the Financial Contributions for that Financial Year. Partner means each of the CCG and the Council, and references to "Partners" shall be construed accordingly.
Overspend means where a Client has exceeded their Annual Commitment by R1,000,000 (One Million Rand);

Examples of Overspend in a sentence

  • Where in Joint (Aligned) Commissioning Arrangements either Partner forecasts an Overspend in relation to a Partners Financial Contribution to a Non-Pooled Fund that Partner shall as soon as reasonably practicably inform the other Partner and the Tameside Strategic Partnership Committee.


More Definitions of Overspend

Overspend. The grant specified in the ‘grant offer letter’ is the total amount of grant that HIWCF will pay. This amount will not be increased as a result of any overspend.
Overspend means any expenditure from the Pooled Fund in relation to an Individual Scheme in a Financial Year which exceeds the Financial Contributions for that Individual Scheme for that Financial Year. Performance Payment Arrangement means any arrangement agreed with a Provider and one or more Partners in relation to the cost of providing Services on such terms as agreed in writing by all Partners. Performance Payments means any sum over and above the relevant Contract Price which is payable to the Provider in accordance with a Performance Payment Arrangement.
Overspend means, for a particular DT Co-Co Product, any amount that exceeds Allowable Overruns for a Calendar Year on a year-to-date basis set forth in any Research Budget, Development Budget, Medical Affairs Budget, or Commercialization Budget, as applicable, for such Calendar Year; provided that such amount is not attributable to (a) the breach of this Agreement or (b) the gross negligence or willful misconduct of either Party or any of its Affiliates.
Overspend means all sums incurred in connection with the Production, Completion or Delivery of the Film in excess of the Production Budget Amount; “Original Work(s) / Story of Real Person(s) / Story of Main Interviewee(s)”
Overspend means any expenditure from the Pooled Fund in relation to an Individual Scheme in a Financial Year which exceeds the Financial Contributions for that Individual Scheme for that Financial Year. Integrated Commissioning Executive means the partnership board responsible for review of performance and oversight of this Agreement as set out in Schedule 2. Performance Payment Arrangement means any arrangement agreed with a Provider and one of more Partners in relation to the cost of providing Services on such terms as agreed in writing by all Partners. Performance Payments means any sum over and above the relevant Contract Price which is payable to the Provider in accordance with a Performance Payment Arrangement.
Overspend means any expenditure in respect of the Pooled Budget in a Financial Year, in relation to an Individual Scheme, which exceeds the total Financial Contributions for that Scheme for that Financial Year which shall be managed in accordance with Clause 11 and Schedule 3 Party means each of the CCG and the Council, and references to "Parties" shall be construed accordingly.

Related to Overspend

  • Team means a team affiliated to a Club, including where a Club provides more than one team in the Competition in accordance with the Rules.