Annual Budget definition

Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

Annual Budget means the budget approved by the municipal council for any particular financial year, and shall include any adjustments to such budget.

Annual Budget means the operating and capital budget for the Properties in the aggregate setting forth, on a month-by-month basis, in reasonable detail, each line item of Borrower’s good faith estimate of anticipated Rents and other recurring income, Operating Expenses and Capital Expenditures for the applicable Fiscal Year.

Examples of Annual Budget in a sentence

• For the avoidance of doubt, the LSB shall not approve, or shall only partially approve, the Annual Budget Application if it considers, acting reasonably, that it does not have sufficient information in respect of the matters referred to in paragraphs 5.3 and 5.15 (the “Required Information”) to enable it to discharge its obligations under the Statutory Procedure and the LSA generally.

• Annual Budget Application – the SDT’s annual application to the LSB setting out the amount the SDT considers necessary to operate in a calendar year.

• Approved Amount – the amount of money that the LSB approves having considered the SDT’s Annual Budget Application.

• The LSB to consult the Law Society on the Annual Budget Application, allowing no less than 15 working days for comments.

• Required Information – such information as the LSB might require from the SDT and the Law Society before approving any part of the SDT’s Annual Budget Application.

More Definitions of Annual Budget

Annual Budget shall have the meaning set forth in Section 4.12(a)(v).

Annual Budget means an operating and capital budget prepared by Lessee and delivered to Lessor in accordance with Section 4.1.

Annual Budget. As used in this Lease, the term “Annual Budget” shall mean an operating and capital budget prepared by Lessee and delivered to Lessor in accordance with Section 4.1.

Annual Budget has the meaning set forth in Section 6.01(c).

Annual Budget. As defined in the Mortgage Loan Agreement.

Annual Budget means the operating budget for the applicable fiscal year of Mortgage Borrower detailing on a monthly basis, consistent with the manner in which Mortgage Borrower’s operating statements are presented, projected cash flow for such fiscal year and all planned capital expenditures for each Individual Property, delivered in accordance with the Mortgage Loan Agreement.

Annual Budget means, collectively, Borrower’s operating and capital budget for the Property and Operating Company’s operating and capital budget for the Property setting forth Borrower’s and Operating Company’s good faith estimate of Gross Revenue, Operating Expenses, Capital Expenditures and tenant improvement and leasing commissions for the applicable Fiscal Year.