Annual Business Plan and Budget definition

Annual Business Plan and Budget has the meaning given that term in Section 11.1.

Annual Business Plan and Budget means the detailed business objectives of the CDS Entities with regard to their Real Estate Assets, including pro forma and actual development and construction cost estimates, schedule estimates, stabilization plans, operating budgets as well as information regarding conditional objectives, such as changes to land use entitlements or zoning and development objectives, as such objectives are established by CDS from time to time.

Annual Business Plan and Budget has the meaning ascribed thereto in Section 4.8.

Examples of Annual Business Plan and Budget in a sentence

• To the extent not already included in the Approved Annual Business Plan and Budget, Manager shall provide Owner with a schedule of Personnel to be employed “on-site” at all times in the direct management of each Property.

• Manager shall perform property management services, including those services more specifically described in this Agreement (collectively, the “Services”) in accordance with the Approved Annual Business Plan and Budget (subject to Permitted Variances), the Standards of Conduct and the other terms and conditions of this Agreement.

• In addition, Manager shall not expend any legal fees, costs or expenses in excess of the amount approved in the Approved Annual Business Plan and Budget (subject to Permitted Variances) without obtaining Owner’s prior written approval, in each instance.

• If the cost of compliance exceeds the Approved Annual Business Plan and Budget and is not an Emergency, Manager shall not take any action with respect to such violation except to notify Owner promptly and obtain Owner’s approval prior to authorizing the expenditure.

• No Contracts shall exceed the costs set forth in the Approved Annual Business Plan and Budget (subject to Permitted Variances), unless otherwise approved by Owner in writing.

More Definitions of Annual Business Plan and Budget

Annual Business Plan and Budget means a program for carrying on the Business during a financial year consisting of:

Annual Business Plan and Budget means the annual business plan and budget as adopted, approved or revised pursuant to the APGL SHA for the relevant Financial Year.

Annual Business Plan and Budget has the meaning set forth in Section 2.04(b).

Annual Business Plan and Budget means the annual business plan and budget of the Company and/or the PRC Subsidiary, as may be amended from time to time.

Annual Business Plan and Budget means a business plan and budget including revenues, operating and capital expenditures and cash flow for the Group for a Calendar Year, and excludes the Initial ABPB.

Annual Business Plan and Budget. Section 10.2(g)

Annual Business Plan and Budget. Exhibit 3.7