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
The City will take such action as shall be necessary to cause the Manager to include all Rental Payments (including Base Rental Payments) coming due in each Fiscal Year in the Annual Budget (as defined in the Management Agreement) for such Fiscal Year in accordance with Section 10 of the Management Agreement.
The Accountable Body shall add £50,000 itself to the Annual Budget.
They will form part of the Annual Budget referred to in Clause 12.4 below.
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 ascribed to it in Section 6.2(a)(v).
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.