Operating and Capital Budgets of HH and MCH Sample Clauses

Operating and Capital Budgets of HH and MCH. The respective Member Board’s final adoption (and any subsequent revision) of the annual operating and capital budgets of HH and MCH, respectively, including without limitation the establishment by a Member Board of reserves, and any vote by a Member Board to propose an action (other than those addressed by Sections 3.4.1 (a) (iv) and (v) below) which may result in an unbudgeted expense or series of expenses equaling or exceeding an amount of Five Hundred Thousand Dollars ($500,000,00).
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