Permitted Deviation definition

Permitted Deviation means any payment which does not exceed by more than twenty percent (20%) the amount set forth in the Approved Budget for the applicable line item, provided that the aggregate amount of such payments on an annual basis shall not exceed ten percent (10%) of the total amount of operating expenses set forth in the Approved Budget.

Permitted Deviation means 15%.

Permitted Deviation means (a) when used in respect of any one line item of the Sources and Uses, any positive or negative difference of 25% and (b) when used in respect of any Approved Budget, a percentage to be agreed in good faith by the Borrower, the Agent and the Required Lenders in connection with the approval of the Initial Budget.

Examples of Permitted Deviation in a sentence

• Construction work is only permitted during the following hours: Monday-Friday 7 am to 6 pmSaturday 9 am to 5 pmSunday No Work Permitted Deviation from the standard working hours may be requested in writing with specific alternate work hours, the reason those hours are needed, and is subject to approval by the City Manager.

• Next, we examine whether major, macroeconomic policies – inflation, trade policies, and impediments to international transactions as reflected in real exchange rate overvaluation – helpexplain current levels of economic development.

• The Parties acknowledge and agree that in no event shall the Seller be considered to be in breach of its obligations in respect of the delivery of the Goods concerning any quantity deviation below the Permitted Deviation and the Buyer shall not be entitled to claim any losses, or liquidated damages, or any other claims resulting from such deviation.

• The Parties acknowledge and agree that in no event shall Seller be considered to be in breach of its obligations in respect of the delivery of the Goods in the quantity under the Contract and Buyer shall not be entitled to claim any losses, or liquidated damages, or any other claims concerning any quantity deviation below the Permitted Deviation.

• The Parties acknowledge and agree that in no event shall Seller be considered to be in breach of its obligations in respect of the delivery of the Goods in the quantity under the Contract and Buyer shall not be entitled to claim any losses or liquidated damages, or any other claims concerning any quantity deviation below the Permitted Deviation.

More Definitions of Permitted Deviation

Permitted Deviation means the greater of $200,000 and 15%.

Permitted Deviation means, in the case of costs and expenses set forth in the Annual Budget, the incurrence of amounts that exceed any Category by an amount that is five percent (5%) or less (for the Categories described in clauses (i), (ii) and (iii) of the definition thereof) and the sale or lease of the Property or any portions thereof at a price or rents, as applicable, no less than 95% of the price set forth in the Business Plan (for the Category described in clause (iv) of the definition thereof), in each case, for any Fiscal Year.

Permitted Deviation means any deviation from any line item in the Budget that is not a Material Adverse Deviation.

Permitted Deviation means deviations from or changes to the Approved Plan to accommodate marketing, tenant requirements or building conditions that (a) if made prior to Planning Board approval of the Redevelopment Project, or portion thereof, (i) have been approved by the Agency’s Executive Director, which approval shall not be unreasonably withheld, (ii) do not have a material, adverse effect on the overall Redevelopment Project to either the Redeveloper or the Agency and (iii) are consistent with the Redevelopment Plan; (b) if made after Planning Board approval of the Redevelopment Project, or portion thereof, are consistent with the Redevelopment Plan and are approved administratively or through the formal Planning Board application process; or (c) may be required by any other Governmental Authority in connection with Governmental Approvals necessary for the Redevelopment Project; provided, however, that such deviations or changes are consistent with the Redevelopment Plan.

Permitted Deviation means, with respect to any line item set forth on Schedule 7.18 (other than the line item with respect to the total expansion budget), Capital Expenditures not exceeding 133% of the maximum amount set forth on Schedule 7.18 for such line item.

Permitted Deviation means, for any weekly period set forth in the Budget, an adverse deviation in any line item not in excess of the amount permitted by Section 6.7.

Permitted Deviation means (i) prior to the 4 month anniversary of the Interim Bankruptcy Court Order Entry Date, 20%, and (ii) thereafter, 25%.