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
In furtherance of the foregoing, each Annual Budget shall include (on a month-by-month basis) a revenue, expense, EBITDA, capital expenditures and cash flow budget, as well as financing plans and any other components as are determined or required by the Board.
The Five-Year Business Plan and Annual Budget shall otherwise be prepared, approved and delivered in the form and at the times required by the Project Documents and the Financing Documents.
Each of the Five-Year Business Plan and Annual Budget shall be prepared in coordination with the preparation of the 87 Annual Facility Plan and Annual Facility Budget.
The Annual Budget shall be consistent with the Five-Year Business Plan and the Annual Facility Budget.
More Definitions of Annual Budget
Annual Budget has the meaning set forth in Section 6.2.
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 means a budget covering the operations of the Company and its Subsidiaries for a calendar year, setting forth reasonable line item detail regarding anticipated revenues and expenditures, including: (a) forecasted revenues; (b) estimated operating expenditures; (c) estimated capital expenditures; (d) proposed financing plans for such expenditures; and (e) such other items as the Board may deem appropriate.
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.