Examples of Annual Business Plan and Budget in a sentence
PAEM shall provide a copy of the approved Annual Business Plan and Budget and each approved amendment thereto to each of the Shareholders.
If funding a Group Company is necessary and the manner of funding such Group Company is not included in the Annual Business Plan and Budget or otherwise, then such funding shall be provided by the Company providing shareholder loans to such Group Company.
The Parties shall procure that (i) the business of the Group shall exclusively be the Business, and (ii) the Business is carried on in a manner consistent with each Annual Business Plan and Budget.
Each Shareholder agrees that it shall provide additional funding to the Company, and to each Group Company through the Company, by providing Shareholder Loans in accordance with each Annual Business Plan and Budget, or any other funding approved by the Board.
On an annual basis during the Term of the Agreement, the Recipient shall provide the Province with an updated Annual Business Plan and Budget for the applicable Funding Year including all proposed changes.