Examples of Annual Capital Budget in a sentence
The Annual Operating Budget shall include projected operating revenues, expenses and working capital reserves for the Fiscal Year, and the Annual Capital Budget shall include projected capital expenditures and investments for the Fiscal Year.
The Board may amend the Company’s Annual Operating Budget or Annual Capital Budget at any time.
In addition, to the extent that information can reasonably be obtained on the nature of assets rented or financed by operating leases, such information shall be presented along with the Annual Capital Budget.
Manager shall not be deemed to have made any guarantee concerning projected results contained in the Annual Business Plan, Annual Operating Budget and Annual Capital Budget.
Copies of the Draft Annual Capital Budget shall be provided to each Member (at the same time) and to the Board of Managers.