Expenditure Authorization authorization prepared by the Operator and submitted to the Operating Committee, pursuant to Xxxxx XX, to conduct expenses necessary for the execution of Operations in the Agreement Area.
Expenditure Authorization. Before making an expense provided for in the Exploratory Work Plan or the previously approved Annual Work Program and Budget of the Production Phase, the Operator must issue an Expenditure Authorization to the Operating Committee if the amounts involved exceed US$ 7 million (seven million US dollars), subject to paragraph 3.31. The amounts may be reviewed by the Operating Committee at least five (5) years. Resolutions on the Expenditure Authorization may be held in annual and special meetings of the Operating Committee or by voting by mail as provided in the Internal Rules of the Operating Committee. Approved by the Operating Committee, the Operator shall send to the Manager within seven (7) days a copy of the Expenditure Authorizations, accompanied by any additional pertinent information. The preparation of the Expenditure Authorization must be based on the Exploratory Work Plan or on the Annual Work and Budget Program of the Production Phase previously defined by the Operating Committee, requiring the issuance of a complementary authorization of expenditure, if the total amount exceeds 5% (five percent) of the approved budget. If the value of any item exceeds 10% (ten percent) of the initially authorized, it will be necessary to issue a new Expenditure Authorization. The Operator is not required to issue Expenditure Authorization relating to general and administrative expenses that are listed as separate items of the Exploratory Work Plan or the approved Annual Work and Budget Program of the Production Phase. Each Expenditure Authorization proposed by the Operator shall:
Expenditure Authorization. The cost of any work in excess of the Allowance (“Excess Work”) shall be set out in detail in an expenditure authorization (the “Expenditure Authorization”). After the Expenditure Authorization has been prepared, Landlord shall deliver same to. Tenant. Unless Tenant objects to the Expenditure Authorization within five (5) days after delivery by Landlord, Tenant shall be deemed to have approved the Expenditure Authorization. If Tenant objects, Landlord and Tenant shall meet within five (5) days after delivery to Landlord of Tenant’s objections to discuss any revisions to the scope of the Excess Work requested by Tenant. Landlord shall deliver a revised Expenditure Authorization to Tenant within five (5) days after agreement by the parties as to the revised scope of the Above Standard Work and completion of revisions, if any, to the Final Drawings. Unless Tenant objects to the revised Expenditure Authorization within five (5) days after delivery by Landlord, Tenant shall be deemed to have approved same. If the cost of any item is not known or will not be known until it is completed, an estimate of such item’s cost shall be included in the Expenditure Authorization and Tenant shall pay (or Landlord shall give Tenant credit for) any additional (or lesser) actual final cost of such item when the actual cost is finally determined. In no event shall Landlord commence construction of the leasehold improvements until such time as an Expenditure Authorization for Excess Work is approved or deemed approved by Tenant.
Expenditure Authorization. 7 8.0 Payment............................................................ 7
Expenditure Authorization. When requested by Buyer, Seller shall submit a Lot Release Schedule Plan for approval, Seller's Lot Release Schedule Plan is included as Attachment 11611 hereto and is by this reference incorporated herein. Buyer's written authorization must be obtained prior to release of any lots. Expenditures incurred by Seller exceeding those authorized by the Lot Release Schedule shall be at Seller's risk and expense.
Expenditure Authorization. Manager is hereby authorxxxx xx xxxx payments on behalf of Company from (i) the bank account referred to in Section 5.2(G) hereof with respect to the matters referred to in Section 5.2 hereof and (ii) such bank accounts as Company may designate from time to time to Nokia (H.K.) Limited, such other vendors or suppliers as Company may identify and designate in writing from time to time, Brightpoint, Inc., BAX Global Limited and BV2 for the sole purpose of purchasing wireless telecommunication handsets and related accessories in furtherance of the Business and in accordance with the Policies and Procedures (as hereinafter defined).
Expenditure Authorization. Before Recipient makes any expenditure or incurs any obligation for the Project on account of which it intends to seek reimbursement under Section 2, Recipient must first obtain OBDD’s written authorization to make the expenditure or incur the obligation (“Pre-Expenditure Authorization”).
Expenditure Authorization. Upon the completion of all bidding and awarding of bids and other establishing of costs or estimates of costs under Section 5, and in no event later than the date specified in the Project Schedule (subject to delays caused by Landlord), Landlord shall submit to Tenant a proper Expenditure Authorization covering Landlord’s Work and Tenant’s Work. Within the time set forth on the Project Schedule, Tenant shall approve the Expenditure Authorization in writing. If the cost of any item cannot be known until it is completed, an estimate thereof shall be set out on the Expenditure Authorization and Tenant shall be responsible for the final actual cost thereof notwithstanding such estimate. Tenant agrees to pay Landlord for the costs of all Tenant’s Work, as required by the Expenditure Authorization, by making progress payments upon approval of such disbursements by the Space Planner and otherwise in accordance with the disbursement provisions of Landlord’s construction contract with the Initial Space Contractor regarding Landlord’s Work and Tenant’s Work (which provisions will be consistent with customary construction disbursement procedures and will include provisions for retainage approved by Tenant). Tenant shall not pay for items of Landlord’s Work, except to the extent set forth in Section 5(a)(vi). Landlord will cause the Initial Space Contractor to submit to Tenant construction progress reports on or before the 15th day of each month during construction of the Tenant’s Work, which reports will include an itemized statement of the costs actually incurred by Landlord in the performance of Landlord’s Work and Tenant’s Work, the Landlord’s Work and Tenant’s Work completed to date, an updated schedule for completion of the Landlord’s Work and Tenant’s Work and a summary of problems and issues regarding Landlord’s Work and Tenant’s Work. All payments by Tenant shall be first credited against the Improvement Allowance.
Expenditure Authorization. The cost of any work in excess of the Allowance (“Excess Work”) shall be set out in detail in an expenditure authorization (the “Expenditure Authorization”). After the Expenditure Authorization has been prepared, Landlord shall deliver same to
Expenditure Authorization
