Budget Changes definition

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget cost categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the AG and OSC where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Attachment D (Payment and Reporting Schedule).
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Budget Changes provisions, the Grantee and sub-recipients must obtain prior written approval from ED for transfers among direct cost categories and among separately budgeted programs, projects, functions, or activities that exceed $100,000 of the current total approved budget.
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Budget Changes. An amendment that would result in a transfer of funds among program activities or budget categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the Offices of the State Comptroller and Attorney General where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Appendix C (Payment and Reporting Schedule).
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Examples of Budget Changes in a sentence

  • The Budget Changes shall not become effective until approved by a majority in interest of the Noteholders, which approval shall not be unreasonably withheld; provided that if the Noteholders have not notified the Company of their approval or disapproval of the Budget Changes within thirty (30) days after they were submitted to the Noteholders, the Final Budget shall be automatically approved.

  • Not more than thirty (30) days after the end of the fiscal year, the Company shall submit to the Trustee and the Noteholders a final annual budget (the "Final Budget"), including a reconciliation of any material changes in the budget from the preliminary to final stage (the "Budget Changes").

  • Exhibit 1(f) Baseball Arbitration of Development Plan Budget Changes A baseball style arbitration (“Baseball Arbitration”) may only be initiated with respect to a dispute between the Parties with respect to a change in the development budget as described in paragraph 1(f).


More Definitions of Budget Changes

Budget Changes has the meaning assigned thereto in Section 3.17(d) hereof.
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Related to Budget Changes

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget Period means the fiscal period for which a budget is prepared.

  • 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.

  • service delivery and budget implementation plan means a detailed plan approved by the executive mayor of a municipality in terms of section 53(l)(c)(ii) of the MFMA for implementing the municipality's delivery of municipal services and its annual budget, and which must indicate

  • Implementation Schedule means the Implementation Schedule in Section VII of the tendering documents.

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • Parenting plan means a plan referred to in section 119;

  • Restructuring Plan means the extrajudicial restructuring plan, filed with the Sao Paulo Bankruptcy and Reorganization Court on August 19, 2020 (the “Restructuring Plan Filing Date”), providing for the issuance of the Securities and of the New Notes in exchange for the restructuring of various financial debts of OEC and certain of its Affiliates, as duly amended from time to time.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Budget unit means the unit for which the ANB of a district is calculated separately pursuant to 20-9-311.

  • 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.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Business Continuity and Disaster Recovery Plan means the Schedule containing plans and provisions for business continuity and disaster recovery.

  • 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.

  • Complete application means a document prepared in

  • Business Plan means the information required to be supplied to the

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • 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.

  • Project Implementation Manual or “PIM” means the manual setting out the measures required for the implementation of the Project, as the same may be amended from time to time, subject to prior approval of the Association;

  • State Budget Director means the individual appointed by the Governor pursuant to Section 321 of The Management and Budget Act, 1984 PA 431, MCL 18.1321.

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.

  • Annual Statement of Compliance As defined in Section 3.13.