Annual Plan and Budget. Not later than October 1 of each year during the term of this Agreement, Corixa shall prepare and recommend to the GenQuest Board of Directors an updated Annual Plan and Budget setting forth the objectives to be obtained during the next calendar year, including the time such objectives are expected to be met (provided, however, that such time frames are not binding on either party), and the Reimbursable Costs for such services. Such Annual Plan and Budget shall be consistent with the fulfillment of Corixa's responsibilities hereunder. Upon approval of such proposed Annual Plan and Budget by the GenQuest Board of Directors, with such changes as the Board of Directors of GenQuest may direct and Corixa may approve, the same shall constitute the Annual Plan and Budget for such calendar year for all purposes of this Agreement and will be attached hereto as Schedule A, and the payment of the Reimbursable Costs set forth therein to Corixa shall be guaranteed by the Board of Directors of GenQuest.
Annual Plan and Budget. Not later than 90 days before the commencement of each calendar year beginning after the Effective Date, the Supplier shall prepare and submit to the Purchaser for approval a good faith draft operational forecast of the SUMF Charges (the "Draft Annual Plan and Budget") for the following calendar year taking into full account the forecast data provided to the Supplier by the Purchaser.
Annual Plan and Budget. Attached as Exhibit J is an annual plan and budget for the operation of the Properties for the Fiscal Year ending December 31, 2007 (the “Annual Plan and Budget”). On or before November 1, 2007 and November 1st of each succeeding Fiscal Year of the Partnership, the Managing Partner shall prepare or cause to be prepared an Annual Plan and Budget for the operation of the Properties for the next Fiscal Year, which shall be in the form set forth as Exhibit J and shall contain (i) a budget for the Properties over the period covered by the Annual Plan and Budget, including a detailed description of the anticipated Expenses, including those anticipated for maintenance, repair and management of the Properties and any planned or required improvements to the Properties with the schedule for such improvements, (ii) leasing guidelines for rental of any space at the Properties (if applicable), (iii) a leasing plan addressing strategies for renting of any vacant space (if applicable), and (iv) such other matters as any member of the Executive Committee may reasonably require. The Annual Plan and Budget shall be submitted to the Executive Committee for approval, and after such approval the Managing Partner shall use its commercially reasonable efforts to implement the Annual Plan and Budget, provided that in no event will the Managing Partner, as such, be required to advance funds to the Partnership for such purposes. Until such time as the Executive Committee has approved a proposed budget or business plan, the most recently approved Annual Plan and Budget shall continue to apply; provided, however, that such Annual Plan and Budget shall automatically be adjusted to reflect (a) actual increases in real estate taxes and other governmental impositions, utility costs and insurance premiums, (b) the actual amount of the debt service under the Loan Documents, (c) actual increases in amounts required to be paid under existing agreements to which the Partnership or any Subsidiary is a party and (d) amounts required to be paid under agreements entered into during such Fiscal Year by the Partnership or any Subsidiary with the approval of the Executive Committee.
Annual Plan and Budget. A. On or before September 30 of each year in which this Agreement is in effect, CMAP shall provide to the Cities an “Annual Plan and Budget” outlining activities and programs planned for the following fiscal year with funds and other resources provided by the Cities. Such plan shall contain:
Annual Plan and Budget. Without limiting the foregoing, the General Manager shall be responsible for the preparation of the annual operating plans and budgets of the Joint Venture. The operating plans and budgets for the next Financial Year shall be submitted to the Board of Directors for examination and approval no later than thirty (30) days prior to the end of each Financial Year and shall include detailed plans and projections regarding:
Annual Plan and Budget. Attached as Schedule V hereto is the initial development budget for each Collaborator's research and development activities (including third party subcontractors) related to Products in the Major Markets for the period from October 1, 1993 through December 31, 1993. For each calendar year beginning January 1, 1994, the Development Committee shall prepare and submit to the Management Committee for approval an annual development plan and budget for Products in the Major Markets. The plans and budgets included in SCHEDULE V and each subsequent development plan and budget approved by the Management Committee are referred to in this Agreement as the "Development Plans".
Annual Plan and Budget. If instructed by the Litigation Trust Advisory Board, the Litigation Trustee shall prepare and submit to the Litigation Trust Advisory Board for approval an annual plan and budget in such detail as is reasonably requested.
Annual Plan and Budget. If instructed by the Creditors’ Trust Advisory Board, the Creditors’ Trustee shall prepare and submit to the Creditors’ Trust Advisory Board for approval an annual plan and budget in such detail as is reasonably requested.
Annual Plan and Budget. If instructed by the Trust Governing Board, the Litigation Trustee shall prepare and submit to the Trust Governing Board for approval an annual plan and budget prior to the commencement of each fiscal year of the Litigation Trust, provided, however, that the first such report shall be submitted no later than sixty (60) days after the Effective Date. Such annual plan and budget shall set forth in reasonable detail: (i) the Litigation Trustee’s anticipated actions to administer and liquidate the Litigation Trust Assets; and (ii) the anticipated expenses, including professional fees, associated with conducting the affairs of the Litigation Trust. Such annual plan and budget shall be updated and submitted to the Trust Governing Board for review and approval on a quarterly basis, and each such quarterly update shall reflect the differences between the anticipated actions described in the annual report and actual operations of the Litigation Trustee to date. All actions by the Litigation Trustee must be consistent with the plan and budget, as updated on a quarterly basis.
Annual Plan and Budget. Bedford TV shall provide to the Issuing Authority an Annual Plan and Budget outlining activities and programs planned for the upcoming fiscal year. Such a plan shall include:
