Capital Budget has the meaning given in Section 3.11(a).
Capital Budget. As defined in Section 3.5.
Capital Budget means the approved budget for capital items in a given fiscal period. Capital items are assets with a life expectancy of more than one financial year such as property, plant and equipment. The cost of which is normally written off over a number of fiscal periods;
Examples of Capital Budget in a sentence
In the event that the Washington State Legislature fails to pass and the Governor does not authorize a Capital Budget by June 30 of each biennium, the Washington State Constitution Article 8 Section 4 and RCW 43.88.130 and RCW 43.88.290 prohibit expenditures or commitments of state funds in the absence of appropriation.
The parties hereto understand and agree that any state funds not expended by the end of the declared BIENNIUM, including the ten percent (10%) retainage as described in SPECIAL TERMS AND CONDITIONS, Section 20: REIMBURSEMENT, will lapse on that date unless specifically re-appropriated in an enacted Capital Budget.
More Definitions of Capital Budget
Capital Budget which shall set forth, among other matters, anticipated and proposed capital expenditures for such year and the source of funds in respect thereto;
Capital Budget has the meaning provided in Section 12.7.
Capital Budget means the annual capital budget for the expenditures for major repairs, renovations and/or capital improvements in, on or about the Project, detailing the timing of such matters and the estimated cost.
Capital Budget has the meaning set forth in Section 8.5.
Capital Budget shall have the meaning set forth in Section 5.1.1.2.
Capital Budget means the short-term and long-term reasonably detailed capital budget adopted by StadCo, whereby the short-term portion of the plan shall identify the Capital Matters to be performed during the upcoming year and the next succeeding year that, for each such year,
Capital Budget means the capital budget described in Section 4.10.