Budget Requirement Clause Samples
A Budget Requirement clause sets out the obligation for parties to adhere to a predetermined financial plan or spending limit within a contract. Typically, it specifies the maximum amount that can be spent on a project or service, outlines procedures for budget approval, and may require prior written consent for any expenditures exceeding the agreed budget. This clause ensures financial discipline, prevents cost overruns, and provides transparency and control over project spending.
Budget Requirement. The ADRC shall develop a line-item budget and budget narrative for the period covered by this scope of services and shall submit these for Department approval using forms and procedures established by the Department.
Budget Requirement. The tribe shall develop a line-item budget and budget narrative for the period covered by this scope of services and shall submit these for Department approval using forms and procedures established by the Department.
Budget Requirement. A. Indian side (In Rupee only)
i. Visit of Indian scientists to Germany Name of Indian Scientists visiting Germany Tentative dates of proposed visit and duration of stay in Germany Anticipated budget estimates for international travel (including domestic travel in connection with the international travel, visa fees, medical insurance, etc) Please indicate break-up for each head
ii. Visit of German scientists to India Name of German Scientists visiting India Tentative dates of proposed visit and duration of stay in India Per-diem charges @ Rs. 2500/- per day Accommodation charges @ Rs. 4000 per day 1.
Budget Requirement. Financing needed in the implementation of the FISCAL YEAR 2022 towards the support for the AIDS, Tuberculosis and Malaria Programme management units. Please see allocated HIV and AIDS budget component.
Budget Requirement. The Required Lenders hereby defer (on a one-time basis only) to March 31, 2001 the requirement (as set forth in Section 6.2(c) of the Credit Agreement) that the Borrower deliver to the Lenders its consolidated operating budget for the Borrower and its Subsidiaries for the fiscal year ending December 31, 2001.
Budget Requirement. The Aging and Disability Resource Center shall develop a line-item budget and budget narrative for the period covered by this contract and shall submit these for Department approval using forms and procedures established by the Department.
Budget Requirement. The annual budget of the Issuer shall provide for continued maintenance of an unencumbered fund balance of the Lake District Fund equal to $1,000,000, to be decreased by $200,000 annually on February 1, beginning February 1, 2017, until the Maturity Date of the Amended and Restated Note.