Permitted Deviations definition

Permitted Deviations means the incurrence of expenses (or commitments therefor) in any quarter that individually or in the aggregate (i) would not result in an overage of 10% or more from the aggregate capital expenditures or investments included in the Budget (as finally determined pursuant to Section 3.11) for such quarter with respect to such capital expenditure or investment (the “Target Capital Expenditures”), (ii) would not result in an overage of 10% or more from the aggregate operating expenditures included in the Budget (as finally determined pursuant to Section 3.11) for such quarter (the “Target Operating Expenditures”) and (iii) would not result in an overage of 10% or more from the aggregate other expenditures included in the Budget (as finally determined pursuant to Section 3.11) for such quarter (“Target Other Expenditures”); provided, however, that if the total revenue for any quarter exceeds the targeted revenue for such quarter provided in the Budget, the aggregate amount of Target Capital Expenditures, Target Operating Expenditures and Target Other Expenditures for the following quarter may be increased on a dollar-for-dollar basis by an amount equal to such excess revenue for purposes of determining the maximum Permitted Deviations for such following quarter, with the allocation of such excess revenue being allocated among such target amounts as determined by the Management Board.
Permitted Deviations means any Applicable Laws and/or standards which may require a deviation from adherence to this Privacy Policy;
Permitted Deviations means deviations from the Development Budget which do not result in an increase in the aggregate Project Expenses by more than five percent (5%), provided that any such deviation shall not result from increases in fees paid to any Affiliate of Borrower, except as set forth in the Development Budget as of the Closing Date.

Examples of Permitted Deviations in a sentence

  • Notwithstanding the foregoing, in no event shall any Loan Party make any Investment which results in or facilitates in any manner any Restricted Junior Payment not otherwise permitted under the terms of both Section 7.5 and the Budget (subject to Permitted Deviations).

  • The proceeds of the Loans made to the Borrower shall be applied to fund the Project Expenses to pay fees and expenses incurred in connection with the transactions contemplated hereby, and for general corporate and working capital needs of the Borrower in accordance with the Development Budget subject to Permitted Deviations.

  • Borrower shall not deviate from the Development Budget, or line item therein, and Plans and Specifications for the Project as approved by Agent in any respect, or issue (accept or agree to) any Change Orders, other than Permitted Deviations and Permitted Construction Change Orders, without the prior written consent of Agent.

  • The Borrower shall conduct the operations and maintenance of the Project in accordance, in all material respects, with the Financing Documents and the Major Project Documents, the Project Plans (subject to Permitted Deviations), Applicable Law, any applicable Required Approvals, and Prudent Industry Practice.

  • Section 6.01 HLTH Permitted Deviations from Ordinary Course WEBMD DISCLOSURE SCHEDULE Section 5.01(b) WebMD Subsidiaries Section 6.02 WebMD Permitted Deviations from Ordinary Course AGREEMENT AND PLAN OF MERGER, dated as of June 17, 2009 (this “Agreement”), between WEBMD HEALTH CORP., a Delaware corporation (“WebMD”), and HLTH CORPORATION, a Delaware corporation (“HLTH”).

  • In addition to the Permitted Deviations, the Redeveloper may seek variances under the Redevelopment Plan as the Redeveloper deems necessary for the Redevelopment Project as permitted by the Redevelopment Plan.

  • The Redevelopment Project shall be designed and constructed by the Redeveloper in accordance with the Redevelopment Plan, as same may be amended to provide for the Redevelopment Project to be consistent with the Concept Plan, and the Governmental Approvals obtained by the Redeveloper, subject to Redeveloper’s right to make Permitted Deviations in accordance with the terms of the Agreement.

  • Each month, the Borrower shall pay to the Administrative Agent, for the benefit of the Lenders, a fee, if any, equal to the product of (x) .05% of the aggregate sum of all outstanding Loans and LC Exposure and (y) the number of Targeted Line-Items that exceed their respective Permitted Deviations in any given month minus 1.

  • In addition to the foregoing, the Redeveloper shall have the right to make Permitted Deviations to the Approved Plan without the consent of the Agency.


More Definitions of Permitted Deviations

Permitted Deviations means costs and expenses that are not contemplated by the Approved Annual Business Plan and Budget (including any Supplemental Annual Business Plan and Budget), so long as such costs and expenses would not, individually or in the aggregate, cause (a) total expenditures relating to any line item to be greater than 125% of the expenses approved in such line item of the Approved Annual Business Plan and Budget (including any Supplemental Annual Business Plan and Budget), or (b) total expenditures to be greater than 110% of the aggregate expenses in the Approved Annual Business Plan and Budget (including any Supplemental Annual Business Plan and Budget); provided that the foregoing permitted variances shall not apply with respect to compensation payable to any individual(s) as set forth in the Management Compensation Schedule.
Permitted Deviations means the incurrence of expenses (or commitments therefor) in any quarter that individually or in
Permitted Deviations means any deviations from the terms of the relevant Applicable Model License which either: (i) are not material in the context of the business of ARM or JVCo; or (ii) which have been prescribed as permitted deviations by: (i) ARM (in the case of Original ARM Products); (ii) the Roadmap Committee (in the case of Derivative Products and ARM Derivative Products); or (iii) JVCo (in the case of Independent Products). in each case, taking into account the factors set out at paragraph 1 of Schedule 4;

Related to Permitted Deviations

  • Permitted Deductions means the following deductions to the extent included in the gross invoiced sales price of the Product, or otherwise directly paid or incurred by the Selling Entity with respect to the sale:

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Dispositions means each of the following:

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Permitted Facility means a facility authorized by the general permit to discharge total nitrogen or