Program and Budget means a Program and a corresponding Budget, which may be an Operating Program and Budget, an Additional Program and Budget, a Closure Program and Budget, or a Supplemental Program and Budget.
Program and Budget means a program of Mining Operations prepared by the Operator as well as a budget in connection with Expenditures to be made with respect thereto.
Program and Budget means a "Program" being a description in reasonable detail of Operations to be conducted and objectives to be achieved by the General Manager within the Property; and "Budget" means, in relation to each Program, a detailed estimate of all Project Expenditure required in order to conduct such Operations;
Examples of Program and Budget in a sentence
Once the Schematic Design, Program and Budget are reconciled with the DISTRICT representative, and the DISTRICT approves the Schematic Design, Program and Budget, the ARCHITECT may then move on to the Design Development Phase.
Each such Work Program and Budget shall set out in a reasonably detailed manner the work to be carried out and shall include an itemized estimate of the corresponding expenditures.
The Manager shall immediately notify the Management Committee of any material departure from an adopted Program and Budget.
Each adopted Program and Budget, regardless of length, shall be reviewed at least once a year at the annual meeting of the Management Committee.
If the Management Committee for any reason fails to adopt a Program and Budget, subject to the contrary direction of the Management Committee and to the receipt of necessary funds, the Manager shall continue Operations at levels comparable with the last adopted Program and Budget.
More Definitions of Program and Budget
Program and Budget means a description in reasonable detail of the activities to be carried out by Tectonic under this Lease during a calendar year, together with a detailed estimate and schedule of all Expenditures to be incurred by Tectonic with respect to such activities.
Program and Budget means (i) the exploration program and budget related to the expenditures of the Unit Proceeds, as set forth in Schedule "C" hereto; or (ii) the exploration program and budget related to the expenditure of the Additional Exploration Funds, as determined in accordance with Section 7.3 of the Option Agreement, as applicable;
Program and Budget means a description in reasonable detail of the Mining Activities proposed to be conducted and objectives to be accomplished by the Operator with respect to the Property in a Financial Year, together with a detailed estimate of all costs and expenditures to be incurred by the Participants (or Generation during the Sole Funding Period) for such Financial Year;
Program and Budget. City shall provide full information, to include a program which shall set forth City's objectives, schedule, constraints, budget and other necessary design criteria.
Program and Budget means (i) the exploration program and budget related to the expenditures of the Unit Proceeds, as set forth in Schedule "C" hereto; or (ii) the exploration program and budget related to the expenditure of the Additional Exploration Funds, as determined in accordance with Section 7.3 of the Option Agreement, as applicable; -4- <PAGE> (v) "SECURITIES" has the meaning set forth in Section 6.4(a) of this Agreement; (w) "SHARES" means, collectively, the Common Shares comprised in the Units, and the Common Shares issuable on exercise of the Warrants; (x) the phrase "TO THE BEST OF OUR KNOWLEDGE" or similar such expressions means to the best of the knowledge of such person(s), after due enquiry by them/him; (y) "UNIT PROCEEDS" means $600,000, being the aggregate price payable by Billiton to the Company in consideration for the issuance by the Company to Billiton of the Units; (z) "UNITS" means an aggregate of 857,143 units of the Company, each unit comprised of one Common Share and one Warrant; (aa) "U.S. SECURITIES ACT" means the United States Securities Act of 1933, as amended; and (bb) "WARRANT" means the non-transferable common share purchase warrant comprised in each Unit, each such warrant entitling Billiton to acquire one Common Share at any time prior to 5:00 p.m. (New York time) on the first anniversary of the Closing Date at a price of $0.85. 1.2. GENDER AND NUMBER Words importing the singular include the plural and vice-versa; and words importing gender include all genders. 1.3.
Program and Budget has the meaning set forth in Section 1.1(t) of the Subscription Agreement;
Program and Budget means the Development Plan and the cost estimates for construction and operation of the Project included in the Development Plan, or either of them as the context requires, in each case as may be amended, restated, supplemented, replaced, or otherwise modified from time to time in accordance with ARTICLE II, ARTICLE III, and the Financing Documents, as applicable.