Common use of Series ME Annual Budget Clause in Contracts

Series ME Annual Budget. (a) Fifteen days prior to the beginning of each fiscal year beginning after December 31, 2012, the Managing General Partner of the Series ME shall cause to be prepared and submitted to the Series ME Partners a budget and forecast setting forth the anticipated revenues and expenses for the Series ME for the following fiscal year, including any anticipated Series ME Maintenance Capital Expenditures, operating expenses, revenues, Capital Contributions and distributions (the “Series ME Annual Budget”).