The Budget. The Communication Protocol.
The Budget. TFC’s Project schedule.
The Budget. The Master Schedule, if any;
The Budget. 1. The Budget of the Mechanism shall be prepared by the Technical Unit and presented to the Ministerial Council for approval after examination and recommendation by the Forum.
2. The Budget shall be so prepared as to ensure financing of the Work Programme of the Technical Unit.
3. The Budget shall be approved by consensus, failing which it shall be approved by a qualified majority of three-quarters (¾) of the Members of the Mechanism.
4. The regular Budget shall comprise:
(a) annual contributions from Member States and Associate Members;
(b) contributions from co-operating partners or other contributors;
(c) grant funds received from regional and international donor agencies;
(d) funds paid by donor agencies to the Mechanism for project execution services provided by the Mechanism with respect to projects financed by the donor agencies;
(e) earnings above cost for special services provided by the Mechanism to commercial operators in the fishing industry and to other bodies;
(f) income derived from the sale or the licensing of intellectual property created and owned by the Mechanism;
(g) any other source of funding.
The Budget. The approved project budget in the grant framework constitutes the financial basis for the agreement and project activities. The budget is prepared in DKK and specifies expenses related to the responsible and partner institutions and the researchers involved. Thus, the undersigned parties confirm that they are aware what the project agreement entails for them and their institutions in monetary and activity terms. The budget includes the following budget lines: Salaries and emoluments; Educational grants; Expenses for trips abroad; Research equipment and materials; Publication, dissemination and outreach; Administration fee responsible institution; Administration fee partner institution; Cost for stays in Denmark administered by DFC (DFC expenses); Audit.
The Budget. See Exhibit B, attached hereto and made a part hereof. The Parties may agree, in writing, to a revision of the Budget or a reallocation of funds between categories within the Budget without the need to amend this Agreement; provided however, that in no case shall any such revisions or reallocations result in exceeding the total amount of the Grant Funds available under the Agreement. If applicable, all other sources of funding/financing of the project, if any, must be firmly committed to the project before the CDBG funds will become available and supporting documentation for the full project funding must be submitted within (12) twelve months of the execution of this agreement.
The Budget. (a) The Borrower shall not permit the total aggregate disbursements made during any period of four consecutive weeks (including any portion of such period occurring before the Petition Date) for items included in the Budget other than interest on the Post-Petition Obligations, professional fees and deposits with utilities to exceed the amounts set forth in the Budget for such items for such period by more than 10% of such amounts.
(b) The Budget may be modified by the Borrower at any time with the written approval of the DIP Agent and the Required Lenders.
(c) The Budget shall be redetermined to the Required Lenders’ reasonable satisfaction promptly after the consummation of any Disposition outside the ordinary course of business that results in Net Proceeds in excess of $1,000,000.
(d) No later than the last Business Day of every fourth week after the Closing Date (commencing December 19, 2008), the Borrower shall provide to the Lenders a proposed updated budget for the succeeding 13 weeks as well as all of the weeks covered by the Budget that is then in effect, which proposed updated budget must be in form and substance satisfactory to the DIP Agent and the Required Lenders. If such proposed updated budget is approved by the DIP Agent and the Required Lenders it shall be the Budget for all purposes of this Agreement.
The Budget. 6.1. The detailed budget (“Budget”) for the Project is set out at Annexe 2. Save as set out in this Clause 6 and subject to any other right of Bonsucro to unilaterally reduce or vary the terms of the Grant, the Budget may only be amended or varied with the written approval of both parties.
6.2. Up to 10% of any budget line detailed in Annexe 2 (as may be amended from time to time in accordance with Clause 6.1) can be transferred to any other budget line within the same budget sub-heading during the course of any financial year without the prior approval of Bonsucro. Except where third party funding is agreed between the parties in accordance with Clause 6.1, any proposed uplift or decrease of any budget line that exceeds 10% must still be allocated from another budget line, but any such proposed changes must also be approved in writing by Xxxxxxxx in advance. The Grant will not be increased if there is an overspend on the Project or any budget line thereof unless agreed by Xxxxxxxx as per Clause 6.3.
6.3. Any request for approval pursuant to Clause 6.2 should be accompanied by a detailed explanation of the reasons therefor and, where the requested budget changes are expected to impact on project outcomes and activities, the request for approval must also contain revised deliverables. Xxxxxxxx endeavours to respond to a request for approval within 30 calendar days of acknowledged receipt of submission. The request for approval shall only be deemed to be approved upon express approval from Bonsucro in writing.
The Budget. The IFSB shall have an annual budget which shall be prepared by the Secretariat and approved by the Council. The budget shall comprise membership fees, grants, contributions, donations and other funds received by the IFSB. When preparing the budget the Secretariat shall take into account the financial position of IFSB.
The Budget. The application requires detailed information about the project costs and the sources of funds that will be used in completing the project. The budget will be closely examined by staff and the Advisory Committee. Contingencies are not allowed by HUD and should not be shown as line items in the budget. While incorporating a contingency into the budget is wise, as from application to award time is a year, this line item needs to be assigned to the city/county/non- profit’s budget. The budget will also be examined for "Resource Leveraging" during the rating of the application to determine the percentages of cash and in-kind that is being contributed. The budget and the applicant's response to the question on efforts to obtain alternative funding will be examined in rating the potential project. Definitions for resource leveraging terms of cash, in-kind, volunteer, and effort are as follows: • Attach evidence of ownership. Previous CDBG funding for this project or other projects will not be considered. Where applicable, projects and applicants will also be evaluated on the initiatives that were taken in the past to address the current problem. For example, if a water quality problem was identified five years ago, and the community has taken initial steps to address the problem by acquiring a new well site or funding a feasibility study three years ago, this will be taken into consideration in the rating of effort.
