Authorized Budget Sample Clauses

Authorized Budget. (a) Not less than ninety (90) days prior to the beginning of each fiscal year, or as soon as possible thereafter, the President shall submit to the Shareholder’s Board, a budget for such fiscal year.
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Authorized Budget. The Commission-approved monthly budget for the City’s performance of the Authorized Work hereunder (“Monthly Bridge Funding Budget”), not including SCE costs and rebates and incentives, shall not exceed $1,000. The Parties acknowledge that any unspent funds in a single month may not be spent in future months, unless prior written authorization is provided by SCE. The Monthly Bridge Funding Budget may be supplemented on a case-by-case basis but only with prior written authorization from SCE in the event that there are large projects that exceed such Monthly Bridge Funding Budget or that the Parties can produce significant additional savings with additional funds.
Sample 1
Authorized Budget. The Commission-approved total for performance of the Authorized Work is $3,630,537 as set forth in the Program Implementation Plan
Sample 1
Authorized Budget. The total Authorized Budget for performance of the Authorized Work is $3,630,537. No Party shall be entitled to compensation in excess of the Authorized Budget for such Party’s Authorized Work obligations. However, if SDG&E executes any fund shift in accordance with Section 9.4 below, then each Party shall be entitled to compensation up to, but not exceeding, the Authorized Budget, as revised to reflect such fund shift, for such Party’s Authorized Work obligations.
Sample 1
Authorized Budget. Manager shall obtain prior permission from Owner before exceeding expenses established in budget. Manager is approved to spend funds in accordance with prior agreed upon threshold or $150 per service call, whichever is greater, without approval or notification of Owner. Owner authorizes Manager to act in their authority if Owner is not responsive or is unable to be reached within a reasonable amount of time regardless of threshold. In the case of after-hours maintenance emergencies, Owner authorizes Manager to exceed threshold at Manager’s discretion.
Sample 1

Related to Authorized Budget

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment “C”. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Budget 1. The Grantee budget for grant activities for the 2022 Summer Program and State fiscal year 2023 is $2,635,358. Any funds received under this grant will not be used to supplant funds normally budgeted for programs or service of the same or similar type.

  • 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).

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