Major Line Item definition

Major Line Item means, with respect to any Budget, the following major expense line items in such Budget: (i) administration (labor), (ii) administration (other), (iii) Scheduled and Routine Maintenance (including labor costs), (iv) outage costs, (v) regular labor (operations), (vi) Monthly Management Fee, (vii) utilities, (viii) auxiliary power, and (ix) other.
Sample 1Sample 2
Major Line Item shall have the meaning set forth in Section 2.2(b).
Sample 1
Major Line Item means one identified as such in an approved Annual Budget. In the event that Manager shall at any time determine that an expenditure is required that will not conform to the foregoing guidelines, Manager shall notify the Venture in writing of such expenditure, and the Venture shall within five (5) business days after receipt of such notice to reply to such notice. Unless the Venture shall reply to such notice by approving the expenditure within said five (5) business day period, the Venture shall be deemed not to consent to such expenditure. Notwithstanding the foregoing, Manager may make all expenditures necessary, whether or not within the guidelines set forth hereinabove or provided for in the Annual Budget, for any expenditure of an emergency nature as provided in Section 2.4 hereof. At any time that Manager determines that there is not sufficient income to cover current operating expenses, it shall promptly notify the Venture. Manager shall further provide such other financial information respecting actual operations of the Property as is reasonably requested by the Venture. As used in this Agreement, the fiscal year of the Venture shall be the calendar year unless and until the Venture gives Manager written notice of any change thereto in the manner provided for herein.
Sample 1

Examples of Major Line Item in a sentence

  • The cost of any such insurance obtained by Operator in accordance with the preceding sentence shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Section 3.4, 5.1(b), 5.1(c) or 5.1(d) whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • Any such costs incurred by Operator shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Section 3.4, 5.1(b), 5.1(c) or 5.1(d) whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • Figure 1.1 Except for License Plate Distribution Funds, the Tax Commission Utilizes One Major Line Item to Fund All Operations.

  • Any costs incurred by Operator in handling any such event or emergency shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Section 3.4, 5.1(b), 5.1(c) or 5.1(d), whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • Any costs incurred by Operator in responding to such requests shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Section 3.4, 5.1(b), 5.1(c) or 5.1(d), whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • They also contributed to building awareness of gender issues and the importance of interdisciplinary.

  • The Detailed Cost Estimate is prepared using the command /SUBLINE under each Major Line Item.

  • Any costs incurred by Operator in handling any such event or emergency shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Sections 3.4, 5.1(b), 5.1(c) or 5.1(d), whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • The cost of any such insurance obtained by Operator in accordance with the preceding sentence shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Sections 3.4, 5.1(b), 5.1(c) or 5.1(d) whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.

  • Any such costs incurred by Operator shall be reimbursed or paid by Owner pursuant to Article V and shall not be included in the amount spent for purposes of determining, pursuant to Sections 3.4, 5.1(b), 5.1(c) or 5.1(d) whether expenditures are more than 10% in excess of the aggregate amount of the Budget or the relevant Major Line Item, if applicable.


More Definitions of Major Line Item

Major Line Item. As defined in Article I of the Operating Agreement.
Sample 1
Major Line Item with respect to the Budget means the following categories: (i) payroll, (ii) taxes, (iii) insurance, (iv) general and administrative, (v) property management fees, (vi) repairs and maintenance, (vii) capital expenditures/tenant improvements, and (viii) utility costs.
Sample 1

Related to Major Line Item

  • Line Item means a field of information (or a combination of fields of information) to be entered in a Settlement Schedule by any Participating Subscriber in relation to a Conveyancing Transaction.

  • Major Work means any Work to Construct or Maintain the Distribution System that costs more than One Hundred Thousand ($100,000.00) Dollars;

  • Major renovation means the renovation of a building where:

  • Major repair means either: (1) for a dispersal system, repairs required for an OWTS dispersal system due to surfacing wastewater effluent from the dispersal field and/or wastewater backed up into plumbing fixtures because the dispersal system is not able to percolate the design flow of wastewater associated with the structure served, or (2) for a septic tank, repairs required to the tank for a compartment baffle failure or tank structural integrity failure such that either wastewater is exfiltrating or groundwater is infiltrating.

  • 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.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • Major project means a project comprising of a series of works, activities or services which is intended, in itself, to accomplish a definite and indivisible task of a precise economic or technical nature, which has clearly identified goals and whose total cost exceeds that which is specified in the Framework Agreement;

  • 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.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Cost of the Work means costs necessarily incurred by the Construction Manager in the proper performance of the Work. Such costs shall be at rates not higher than those customarily paid at the place of the Project except with prior consent of the Owner. The Cost of the Work shall include only the items set forth in this Article 6.

  • Busy Line Verification (BLV) means a service whereby an End User requests an operator to confirm the busy status of a line.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Total Project Cost means the lowest of the following:

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Total Project Costs means, with respect to a Project, the sum of (i) the Qualified Project Expenditures plus (ii) all other costs necessary to acquire the Land, construct the Development Work and the Construction Improvements in accordance with the Plans and Specifications and complete the Project.

  • Correctional facility means a facility operated under the management and control of the Virginia Department of Corrections.