Operating Budgets definition

Operating Budgets means, the Operating Budget for two (2) or more Properties or all of the Properties.
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Operating Budgets means, with respect to any Fiscal Year, a detailed projection of all estimated income, expenses and costs of the Borrower collectively for each month of such Fiscal Year based on projected operating expenses and other related overhead expenses during such Fiscal Year, as provided by the Borrower and approved by the Lender pursuant to Section 6.01(k).
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Operating Budgets means the budget attached as Annex A to the Bridge Notes, the Second Tranche Budget (as defined in the Bridge Notes) and the Third Tranche Budget (as defined in the Bridge Notes).
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Examples of Operating Budgets in a sentence

  • Charter School shall adhere to the provisions of the Charter School Annual Operating Budgets.

  • MTC and ABAG will develop, present, seek approval for, and implement Operating Budgets and Work Plans as provided in Section [4].

  • The Town or its representative may direct the Contractor and its staff to attend meetings relevant to the provision of the Services, or for any other reason considered necessary to involve the Contractor, without cost to the Operating Budgets.

  • Lessee and Manager acknowledge and agree that the Annual Operating Budgets are merely forecasts of operating revenues and expenses for an ensuing year and shall be revised, by agreement of Lessee and Manager, from time to time as business and operating conditions shall demand.

  • Operator shall adhere to the provisions of the Operator Annual Operating Budgets.

  • Any future requests for advanced funding for against the Rehabilitation and Operating Budgets can be made in writing from the CONTRACTOR, and COUNTY will respond within 30 days.

  • Saipan, MP 96950 All proposed Annual Operating Budgets shall be subject to approval of the Owner.

  • The Administrative Lead will prepare and oversee preparation of Operating Budgets, Capital Plans, Capital Budgets, and proposed Regional Service Charges (based on the Financial Policies) for the Board’s review and approval.

  • All Operating Budgets shall be subject to Class A Member Approval, such approval not to be unreasonably withheld and approval or disapproval to be made within 10 days of receipt of the Operating Budgets.

  • The One-Stop Budget for _____ (Center) is itemized as follows: <Insert individual cost categories, including description of how the costs will be funded> <Insert costs for career services and shared services > The Infrastructure Funding Agreements (IFAs) and Operating Budgets will be implemented in accordance with the timelines established by the U.


More Definitions of Operating Budgets

Operating Budgets means the Development Budget and the Hotel Operating Budget.
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Operating Budgets refer to these budgets collectively.
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Operating Budgets means a four week budget showing each of the ----------------- following on a line item basis: (a) budgeted cash receipts (including as a result of the receipt of proceeds from Loans made hereunder), (b) anticipated disbursements and (c) Letters of Credit to be issued during the applicable period. The cash receipts and disbursements budgets within each Operating Budget must tie to the Global Budget then in effect. Revisions to Operating Budgets (and corresponding changes to the Global Budget) may be approved by the Majority Lenders in their sole discretion.
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Operating Budgets of the Company shall mean the operating budgets for the Company which shall be prepared by the Managers with respect to the business plan and operating budget for the Company for each succeeding fiscal quarter. The initial Operating Budget for the Company is annexed hereto as Exhibit A.
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Operating Budgets means the operating budgets for the Property and the Separate Property for the current and next calendar years, in form, substance and level of detail satisfactory to Lender.
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Related to Operating Budgets

  • Operating Budget has the meaning given in Section 3.11(a).

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Budgets has the meaning set forth in Section 2.12(b).

  • 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.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Capital Budget has the meaning given in Section 3.11(a).

  • 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.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

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

  • 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 Budget means an annual budget-

  • Project area budget means a multiyear projection of annual or cumulative

  • Initial Budget has the meaning set forth in Section 7.06(a).

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

  • 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.

  • Annual Projections is defined in Section 6.2(a).

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

  • Operating Expenditures means all Partnership Group cash expenditures (or the Partnership’s proportionate share of expenditures in the case of Subsidiaries that are not wholly owned), including taxes, compensation of employees, officers and directors of the General Partner, reimbursement of expenses of the General Partner and its Affiliates, debt service payments, Maintenance Capital Expenditures, repayment of Working Capital Borrowings and payments made in the ordinary course of business under any Hedge Contracts, subject to the following:

  • 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.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Capital Expenditure means expenditure on:

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.