Adherence to Budget Sample Clauses

Adherence to Budget. The Grantee has submitted to the Grantor, as a condition precedent to this Agreement, a proposed Budget. The Grantee stipulates and agrees that the proposed Budget accurately reflects anticipated project resources and expenditures for the term of this Agreement. The Grantee shall complete the work, activities, and requirements set forth in the body of this Agreement and in "Exhibit 1" (attached hereto and incorporated herein) in accordance with the proposed Budget (Section 3 of Exhibit 1).
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Adherence to Budget. Operator shall use its commercially reasonable efforts to operate and maintain the Facility in accordance in all material respects with its obligations hereunder consistent with the then-current Approved Operating Budget, if any. If Operator comes to believe that any operating or maintenance budget category within the Approved Operating Budget for the Facility will be exceeded in any month by more than fifteen percent (15%), Operator shall notify Owner of such belief in writing on or before the 15th day of the ensuing month.
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Adherence to Budget. The Grantee has submitted to the OEE Chief, as a condition precedent to this Agreement, a proposed Budget. The Grantee stipulates and agrees that the proposed Budget accurately reflects anticipated project resources and expenditures for the term of this Agreement. The Grantee shall complete the work, activities, and requirements set forth in the body of this Agreement and in "Exhibit A" (attached hereto and incorporated herein) in accordance with the proposed Budget. If applicable, the grantee shall also complete the work, activities, and requirements set forth in "Exhibit C" (attached hereto and incorporated herein if applicable) in accordance with the proposed budget. Said Budget is attached hereto, labeled "Exhibit B", is hereby made a part of this Agreement, and is incorporated herein by reference as if fully rewritten. If the Grantee desires to modify the Budget, the Grantee may only do so in accordance with the terms of Article V of this Agreement.
Sample 1
Adherence to Budget. The Grantee has submitted to the OEE Chief, as a condition precedent to the Agreement, a proposed Budget. The Grantee represents and warrants that the proposed Budget accurately reflects anticipated project resources and expenditures for the term of the Agreement. The Grantee shall complete the work, activities, and requirements set forth in the body of the Agreement and in "Exhibit A" (attached hereto and incorporated herein) in accordance with the proposed Budget. If applicable, the Grantee shall also complete the work, activities, and requirements set forth in "Exhibit C" (attached hereto and incorporated herein if applicable) in accordance with the proposed budget "Exhibit B" (attached hereto and incorporated herein). If the Grantee desires to modify the Budget, the Grantee may only do so in accordance with the terms of Article XIX, below.
Sample 1
Adherence to Budget. In accordance with the City of Vallejo “Compensation” requirements (Exhibit B,) Outside Legal Counsel will propose and develop a Legal Project Management Plan. Any significant changes to the Plan, to include any increase in the budget, must be approved by the City Attorney prior to implementation of such changes. All settlements involving recipients of Medicare must be properly reported so as to protect the City from future assessments, liens and fines related to the failure to protect Medicare’s interests in the case. Additional Services Additional legal projects shall be set forth in a Legal Assignment signed by the City Attorney or his designee. Master Outside Legal Counsel Services Agreement Exhibit B, Compensation EXHIBIT B COMPENSATION
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Adherence to Budget. The Grantee has submitted to the Agency, as a condition precedent to the Agreement and part of the Grant Application a proposed budget of costs. The Grantee represents and warrants that the proposed budget of costs accurately reflects anticipated project resources and expenditures for the term of the Agreement. The Grantee shall complete the work, activities, and requirements set forth in the body of the Agreement and in "Exhibit A" in accordance with the proposed budget of costs. If the Grantee desires to modify the budget of costs, the Grantee may only do so in accordance with the terms of Article XVIII, below.
Sample 1
Adherence to Budget. The Project Manager is responsible for ensuring that the project remains within the agreed-upon budget. This includes the costs of all materials, subcontractors, and other expenses as outlined in the project's financial blueprint.
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Adherence to Budget. A Standstill Termination shall be deemed to occur if the aggregate gross amount of Collections received by the Bank in collected funds on a cumulative basis on and at any time after the time at which the Bank opens for business on November 15, 1999 (not just the portion thereof applied in reduction of the Obligations) does not equal or exceed for any period commencing on such November 15 date and ending on a date specified below, the amount set forth immediately to the right of such period below: During the period commencing on Cumulative Gross Collections November 15, 1999 and ending on: must equal or exceed: ---------------- -------- December 6, 1999 $150,000 December 20, 1999 $275,000 January 3, 2000 $500,000
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Related to Adherence to Budget

  • Business Plan The Lenders shall have received a satisfactory business plan for fiscal years 1997 through 2002 and a satisfactory written analysis of the business and prospects of the Borrower and its Subsidiaries for the period from the Closing Date through December 31, 2002.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Annual Budget (a) The Company and its Subsidiaries shall be operated in accordance with an annual budget, as it may be annually updated from time to time pursuant to this Section 3 (the “Annual Budget”). The initial Annual Budget for the period beginning on the Effective Date and ending on December 31, 2018, including the related variances, is attached hereto as Schedule B-1 (the “Initial Annual Budget”). For each Fiscal Year thereafter, the Asset Manager shall be responsible for preparing and submitting to the Company Board for approval as a Major Decision in accordance with the terms of the Company LLC Agreement a proposed updated Annual Budget, including the related variances. The Annual Budget shall be prepared by the Asset Manager in accordance with the protocols (including the preparation of the back-up materials on the timetable set forth therein) set forth on Schedule B-2 hereto (the “Budget Development Protocols”). The Annual Budget for each Fiscal Year shall be prepared with the same detail and line items as set forth in the Initial Annual Budget and such other detail as the members of the Company Board appointed by the Preferred Partners in accordance with Section 4.3(c) of the Parent LP Agreement (the “Preferred Board Members”) may reasonably request. In connection with the review of a proposed Annual Budget, the Preferred Board Members may reasonably request additional information regarding the materials supporting the proposed Annual Budget or such other information as is necessary or desirable to enable review of such proposed Annual Budget, and the Asset Manager shall provide such requested information. The Preferred Board Members shall consent to or reject the proposed Annual Budget, or request additional information (as provided for above), within ten (10) Business Days following (i) receipt of such proposed Annual Budget or (ii) receipt of all additional information that is, in the determination of the Preferred Board Members, necessary or desirable to enable review of such proposed Annual Budget. The Asset Manager shall comply with the Budget Development Protocols regarding the Preliminary Budget for each Fiscal Year. The Annual Budget shall be prepared and submitted annually by the Asset Manager no later than December 10, 2018 for the next Fiscal Year and thereafter by December 10 of each year with respect to the following Fiscal Year. The Annual Budget for each Fiscal Year shall include use of the pre-funded reserve amounts as shown on Schedule B-3 hereto for the four Fiscal Quarters comprising such Fiscal Year. In connection with the submission of the Annual Budget, the Asset Manager shall also prepare and submit to the Company Board an annual business plan for Parent and its Subsidiaries, including a responsible five-year operations forecast, including the operating metrics set forth on Schedule B-4 hereto (the “Annual Plan”). The Preferred Board Members, or their designated representatives, shall be provided reasonable access to all information, data, reports, models and analyses relied on in developing the Annual Plan (including, for the avoidance of doubt, all financial and silvicultural assumptions, constraints, supporting stand level data, merchantable timber volumes, pre-merchantable acres by species and age class, and acres by land classification).

  • Annual Budgets The School shall adopt a budget for each fiscal year, prior to the beginning of the fiscal year. The budget shall be in the Idaho Financial Accounting Reporting Management Systems (IFARMS) format and any other format as may be reasonably requested by the Authorizer.

  • Business Plan and Budget As soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Administrative Agent and the Required Lenders, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on an annual basis for the immediately following fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(g), the Borrower shall not be separately required to furnish such information under Section 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

  • Annual Operating Budget As soon as available but, in any event, within sixty (60) days prior to (i) the Cooperation Period Commencement Date in respect of the initial Plant to be completed and, thereafter, (ii) the commencement of each Fiscal Year, an annual operating budget (the "Annual Budget") (including budgeted statements of income and sources and uses of cash and balance sheets) prepared by the Borrower and accompanied by a statement of the chief financial officer of the Borrower to the effect that, the best of his or her knowledge, the budget is a reasonable estimate for the period covered thereby. The first Annual Budget shall cover the period from the Cooperation Period Commencement Date through the end of the Fiscal Year in which the Cooperation Period Commencement Date occurs, and, if such period consists of less than six (6) months, for the immediately succeeding Fiscal Year. Each Annual Budget shall contain complete, fair and accurate estimates (by principal components) of Sales Proceeds, Operating and Maintenance Costs and Debt Service for each Month covered by such Annual Budget based on the Borrower's best projections at such time. Unless otherwise consented to by Eximbank, the Annual Budget from year to year shall be based on the same format as the Base Case Forecast, including any amounts allocated for contingencies, and be maintained on the same basis and provide sufficient detail to permit a meaningful comparison. For each Annual Budget that is expected to cover any period occurring after the Disbursement Date, Eximbank (in consultation with the Independent Engineer) shall review such Annual Budget, and Eximbank's response shall not be unreasonably delayed. If Eximbank does not approve an Annual Budget, Eximbank shall notify the Borrower of the items which are disapproved and the reason for such disapproval. Until such Annual Budget is so approved, the Annual Budget most recently in effect shall continue to apply, except that any items of the then proposed Annual Budget that have been approved shall also be given effect. From time to time, but not more frequently than once per Quarter, the Borrower may propose amendments to an Annual Budget, and Eximbank (in consultation with the Independent Engineer) may reject such proposal within thirty (30) Business Days from the date the Borrower submits such proposal if in Eximbank's reasonable judgment such amendment is not reasonably necessary or advisable for operation of the Project and, if no such rejection is made, such amendments shall become effective. Not later than three (3) Business Days after the effective date of each Annual budget and of any amendment thereto, the Borrower shall provide a copy of the same to the Collateral Trustee.

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