Operating and Capital Budget definition

Operating and Capital Budget is defined in Section 6.1(iv).

Operating and Capital Budget means a budget, prepared and certified by the Borrower, and approved in accordance with Section 8.21, of Operation and Maintenance Expenses and Permitted Capital Expenditures expected to be incurred by the Borrower during the relevant fiscal year to which such budget applies.

Operating and Capital Budget means (i) with respect to the Fiscal Year in which the Sixth Amendment Date occurs, the budget attached hereto as Exhibit M, and (ii) with respect to each Fiscal Year thereafter, a budget, prepared and certified by the Borrower Group, and approved in accordance with Section 5.1(i) hereto, of Operation and Maintenance Expenses and Permitted Capital Expenditures expected to be incurred by the Borrower Group and their respective Subsidiaries during the relevant fiscal year to which such budget applies.

Examples of Operating and Capital Budget in a sentence

• Its capital management is granted annually through the approval of its Corporate Plan and Operating and Capital Budget.

• Departments and Constitutional Officials submit Operating and Capital Budget requests for review by the Manager and the Mayor.

• The process to develop the Annual Operating and Capital Budget begins about nine months prior to the beginning of the fiscal year.

• Item #4 First Reading of the 2021 Operating and Capital Budget Ordinance Item #5 Conditional Use Permits for Three New BusinessesAn applicant wishes to open a veterinary clinic in the Alexan development.

• The Annual Operating and Capital Budget is the financial plan for raising revenues and expending funds for all Athens-Clarke County departments, offices and constitutional officials.

• MTREF Operating and Capital Budget (as incorporated in the consolidated budget above).

• The City shall annually demonstrate that it will comply with this Policy based on its proposed Operating and Capital Budget for each year.

• This section of the Pinellas County Annual Operating and Capital Budget document contains information on the Capital Improvement Program (CIP).

• Included within those responsibilities is the annual budget process which eventually results with the publication of the budget document consisting of the Annual Operating and Capital Budget.

• On February 18, 2014, the City Council adopted a resolution amending the Fiscal Years 2013-2014 and 2014-2015 Operating and Capital Budget creating the new TransNet- financed Sidewalk, Street, and Drainage Project.

More Definitions of Operating and Capital Budget

Operating and Capital Budget means (i) with respect to the Fiscal Year in which the Sixth Amendment Date occurs, the budget attached hereto as Exhibit M, and (ii) with respect to each Fiscal Year thereafter, a budget, prepared and certified by the Borrower Group,

Operating and Capital Budget has the meaning set forth in Section 4.2(b)(i).

Operating and Capital Budget for purposes of this section, means a plan of financial operation for an enterprise or other special fund embodying estimates of operating and nonoperating resources and expenses and other outlays for a fiscal [year] period. Except as otherwise expressly provided, "budget" or "budgets" and the procedures and controls relating thereto in other sections of this act are not applicable to the "operating and capital budgets" provided in this section.

Operating and Capital Budget means the consolidated operating and capital budget and the overall strategic and comprehensive operating and business plan with regard to the Company and its subsidiaries and the Sahara, and covering the Company and its subsidiaries’ anticipated operations, including any reserve accounts.