Proposed Operating Plan definition

Proposed Operating Plan shall have the meaning set forth in Section 13.2(a) (Operating Plan).
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Proposed Operating Plan has the meaning ascribed thereto in Section 6.1(b).
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Proposed Operating Plan is defined in Section 6.7(a).
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Examples of Proposed Operating Plan in a sentence

  • The Proposed Operating Plan (as modified to address the comments and objections of the Board) shall only be deemed the “Approved Operating Plan” for an Operating Year when the Board has expressly agreed to approve same pursuant to the procedures under Section 6.1(c) or reached resolution pursuant to Section 6.7(c) hereof.

  • If the Board cannot reach a final agreement on the Proposed Operating Plan for an Operating Year by January 1 of such Operating Year, the Board may elect to approve certain portions of such Proposed Operating Plan that are not in dispute in which case the approved portions shall become effective on January 1 of such Operating Year and the matter(s) in dispute may be submitted by either Class A Member to the Expert for resolution in accordance with Section 17.3(a)(ii).

  • Management assessed the Company's internal control over financial reporting presented in conformity with both U.S. generally accepted accounting principles and call report instructions as of December 31, 2007.

  • The Proposed Operating Plan shall include an operating budget and a capital budget setting forth in detail the amounts required to fund the Company’s operations and capital projects for the following Fiscal Year.

  • After submission of the Proposed Operating Plan to the Board, Morgans Co. covenants and agrees, for so long as Morgans Co. or one of its Affiliates is the Manager, to cooperate with the Board in facilitating the Board’s review of the Proposed Operating Plan and responding to all questions and comments regarding same.

  • If the Board objects to any portion of the Proposed Operating Plan in accordance with this Section 6.7(b), the Board shall meet within fourteen (14) days after Morgans Co. receipt of such objections to discuss such objections with Morgans Co., and then Morgans Co. (or Manager) shall submit written revisions to the Proposed Operating Plan within five (5) days following such discussion.

  • The Proposed Operating Plan will contain forecasts of production, sales, income, operating expenses, capital expenditures, cash flows, EBITDA, headcount, and operational activities of the Company that will be necessary during such Fiscal Year to achieve operational targets and maintain the Company’s assets in good order and enable the Company to realize the Approved Strategic Business Plan.

  • The Capital Members shall use good faith efforts to reach an agreement on the Proposed Operating Plan prior to January 1 of the applicable Operating Year.

  • The Owners, as part of the process of approving the Proposed Operating Plan & Budget, shall set reasonable annual performance standards for the Operator within one or more Key Performance Indicators listed on Schedule 5.02(b)(i).

  • In the event that a Proposed Budget or Proposed Operating Plan is not approved within thirty (30) days of the Commencement Date, or by the commencement of the next calendar year as the case may be, then the Approved Budget and/or Approved Operating Plan in effect as of the Commencement Date, or for the prior year as the case may be, shall remain in effect for the succeeding year, until such time as a new Approved Budget and/or Approved Operating Plan is approved by Owner.


More Definitions of Proposed Operating Plan

Proposed Operating Plan shall have the meaning set forth in Section 13.2(a) (Operating Plan). “Proposed Strategic Business Plan” shall have the meaning set forth in Section 13.1(a)(i) (Strategic Business Plan). “Proxy” shall have the meaning set forth in Section 8.2(c) (Meetings; Notice; Proxy). “PublicCo” shall mean a company that is formed in accordance with Applicable Law to hold, directly or indirectly, the PublicCo Acquisition Interest following the purchase of the PublicCo Acquisition Interest by the PublicCo Shareholder from the Saudi Aramco Founding Shareholder in accordance with Sections 5.2(a) (Sale of PublicCo Acquisition Interest; Initial Public Offering) and 19.2(a) (Permitted Transfers to PublicCo and Qualifying Affiliates). - 19 - “PublicCo Acquisition Interest” shall mean:
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Related to Proposed Operating Plan

  • 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:

  • Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).

  • Designated operational area means a geographic area designated by the combatant commander or subordinate joint force commander for the conduct or support of specified military operations.

  • 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.

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

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

  • 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.

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • 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.

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

  • Licensed Operator : means any person who holds a licence granted and in force under the Law;

  • WREGIS Operating Rules means those operating rules and requirements adopted by WREGIS as of December 2010, as subsequently amended, supplemented or replaced (in whole or in part) from time to time.

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

  • Approved Operating Expenses means Operating Expenses incurred by Borrower or by any Manager on Borrower’s behalf (excluding any Restricted Payments) which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Properties, (iii) are for Management Fees, or (iv) have been approved in writing by Lender as Approved Operating Expenses; provided, however, that Approved Operating Expenses shall also include, for any calendar month in which Operating Expenses exceed the Monthly Operating Expense Budgeted Amount, the amount of such excess Operating Expenses up to and not to exceed ten percent (10%) of the Monthly Operating Expense Budgeted Amount for such calendar month as to which Borrower provides to Lender a reasonably detailed explanation of the reasons for and expenditures resulting in Operating Expenses exceeding the Monthly Operating Expense Amount.

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Project Operational Manual means the Project Operational Manual, to be adopted in accordance with Section 6.01 (a) of this Agreement, giving details of guidelines and procedures agreed with the Association for the implementation, supervision, and monitoring and evaluation, of the Project, and the procurement procedures and guidelines for Sub-Projects, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Operational Manual;

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

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

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • Approved Budget means an annual budget-

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Hospitality Package means any official hospitality package created by MATCH Hospitality comprising a Ticket and certain Match-day hospitality benefits and services to be provided at any Hospitality Facility in connection with the FIFA World Cup Qatar 2022™. Hospitality Packages do not include services or benefits provided other than at a Hospitality Facility, such as (without limitation) ground transportation, air travel or overnight accommodation services.

  • Title V operating permit means a permit issued under Chapter 3745-77 of the Administrative Code.

  • 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.

  • 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.

  • Mining Plan means a mining plan drawn in accordance with clause (b) of sub-section