Annual Budget and Operating Plan definition

Annual Budget and Operating Plan means, for any Operating Year, the -------------------------------- budget and operating plan in effect pursuant to Section 6 of the Services and Supply Agreement.
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Annual Budget and Operating Plan has the meaning specified in Section 9.01(c).
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Annual Budget and Operating Plan has the meaning set forth in Section 6 of the Services and Supply Agreement as in effect on the date hereof.
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Examples of Annual Budget and Operating Plan in a sentence

  • The owner or operator of a facility that the administrative authority has required to install a continuous monitoring system shall submit to the Office of Environmental Services for approval a plan describing the affected emission units and the methods for ensuring compliance with the continuous monitoring system.

  • Each Annual Budget and Operating Plan shall be accompanied by a certificate of the Borrower signed by a duly authorized officer of the Borrower certifying that, to the best of such officer’s knowledge, the budget is a reasonable estimate for the period covered thereby and is in compliance with this Section 5.03(l).

  • The Annual Budget and Operating Plan shall be subject to Supermajority Approval by the Stockholders.

  • NIW will not, without prior written Departmental approval, enter into any undertaking to incur any expenditure which falls outside NIW’s delegations or which is not provided for in the NIW Annual Budget and Operating Plan, as adjusted via the monitoring round process, and as approved by the Department.

  • The Operator shall review the Annual Budget and Operating Plan every three months from the commencement of each Budgetary Period and shall present a report on such review to the Owner together with its proposals for any changes to the Annual Budget and Operating Plan for the Owner’s review and approval in accordance with Articles 13.5. to 13.8. (inclusive).

  • NIW’s performance is on track and its risk management is effective  While the Company primarily reports to the Utility Regulator on performance, WSU will monitor Company performance to be assured that the Plan is on track i.e. in any given year within a PC period, that the Company is living within the approved NIW Annual Budget and Operating Plan and achieving the agreed performance targets.

  • If all or any part of a proposed amendment is disapproved, the Borrower shall comply with the approved Annual Budget and Operating Plan.

  • NIW will operate management information and accounting systems which enable it to review in a timely and effective manner its financial and non-financial performance against the budgets and targets set out in its agreed Plan and, in any given year, in its NIW Annual Budget and Operating Plan.

  • Each Annual Budget and Operating Plan shall be accompanied by an Officer’s Certificate of the Borrower stating that the budget is a reasonable estimate for the period covered thereby and is in compliance with the requirements of this Section 9.01(c).

  • Operator shall prepare the Annual Budget and Operating Plan for the Facility in cooperation with the Operating Committee as set forth in the Joint Ownership Agreement.


More Definitions of Annual Budget and Operating Plan

Annual Budget and Operating Plan has the meaning specified in Section 5.03(l).
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Annual Budget and Operating Plan has the meaning assigned such term in Section 8.01(p).
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Related to Annual Budget and Operating Plan

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • 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.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Business Plan means the information required to be supplied to the

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • Approved Budget means an annual budget-

  • Capital Budget has the meaning given in Section 3.11(a).

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Annual Projections is defined in Section 6.2(a).

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Annual Work Plan means any of the Annual Work Plans.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.