Operating Budget has the meaning given in Section 3.11(a).
Operating Budget has the meaning set forth in Section 8.5.
Operating Budget means, with respect to any Fiscal Year, the operating budget for the Mortgaged Property reflecting Borrower’s projections of Gross Revenues and Property Expenses for the Mortgaged Property for such Fiscal Year and on an annual and monthly basis and submitted by Borrower to Lender in accordance with the provisions of Section 5.1(r)(viii), which Operating Budget shall include, as a component thereof, a Working Capital Budget.
Examples of Operating Budget in a sentence
Upon written request of the Hospital, the Funder may, in its discretion, waive the obligation to achieve an Annual Balanced Operating Budget on such terms and conditions as the Funder may deem appropriate.
The parties will work together to identify budgetary flexibility and manage in-year risks and pressures to facilitate the achievement of an Annual Balanced Operating Budget for the Hospital.
More Definitions of Operating Budget
Operating Budget has the meaning set forth in Section 2.4(c)(iv).
Operating Budget has the meaning assigned to such term in Section 7.05(a)(A) of this Agreement.
Operating Budget means the annual operating budget which sets forth the detail and summary of anticipated receipts and disbursements for the upcoming fiscal year.
Operating Budget. As defined in Section 3.5.
Operating Budget is defined in Section 2.05.
Operating Budget which shall set forth, among other matters, anticipated cash income and expenditures and reserve additions for such Fiscal Year;
Operating Budget means, collectively, for any period, the Borrowers' budgets setting forth the Borrowers' best estimate, after due consideration, of all Operating Revenues and Operating Expenses and any other revenues, costs and expenses for each of the Properties for such period, which budgets have been approved by Lender in accordance herewith, as same may be amended pursuant to Section 5.1(D) hereof.