Annual Development Budget definition

Annual Development Budget means, with respect to a given Calendar Year and a given Licensed Product, the amount apportioned for such Calendar Year and such Licensed Product in the Development Budget, as such budget may be revised from time to time by mutual agreement of the Parties.
Annual Development Budget is defined in Section 6.4 hereof.
Annual Development Budget means the total number of hours associated with the four Quarterly Forecasts (as defined in Schedule I.c) in a given Contract Year, which shall constitute that Contract Year’s Annual Development Budget.

Examples of Annual Development Budget in a sentence

  • Twenty-five percent of the Annual Development Budget at the district, tehsil, town, and union levels has been earmarked for CCBs. The CCBs are voluntary, nonprofit associations and are registered with the Executive District Officer–Community Development (EDO–CD).

  • This process provides control over project design at the line ministries and implementing agencies, while final authority for new projects is vested in Parliament (which approves the Annual Development Budget) through the Planning Commission and the Ministry of Finance.

  • With respect to each Licensed Product, each Party shall promptly notify the other Party upon becoming aware that its Development Costs to be incurred in performing the applicable Development Plan for a Calendar Year will be in excess of the amounts budgeted to be incurred by or on behalf of such Party for its activities in the applicable Annual Development Budget.

  • Following approval by these units, the project is included in the ADP (Annual Development Plan), and a project pro forma is completed and submitted to Ministry of Finance for inclusion in the Annual Development Budget.

  • It had always been known that regulatory capture was the Achilles’ Heel of self-regulation.What is notable here is that the Minister is validating, in a very public way, the belief that many critics of self-regulation have expressed—that many professional regulatory bodies are acting as ‘captured’ entities.

  • For these purposes, the annual ICT budget of the Government has been updated from the GoB’s latest Annual Development Budget for FY2019 to 2020.32 This remains a highly conservative estimate as it includes only the budget for MOPTIT and excludes the ICT budget of all other GoB agencies.

  • Section 9.7.3 of the Agreement (which, for clarity, is renumbered from Section 9.7.2 of the Agreement pursuant to Section 2.17 above) is hereby deleted in its entirety and replaced with the following: Annual Development Budget Overruns.

  • As the Department of Agriculture receives a tiny proportion of the Annual Development Budget, sector support programmes are reliant upon donor funding.

  • Annual Development Budget of Bangladesh for Financial Year 2015-2016 is 100996.92 Crore BDT (Planning Commission 2015).

  • It has been mandated by the Local Government Division to allocate a portion of each Upazila’s Annual Development Budget (up to 3 percent) to the WDF and its beneficiaries.


More Definitions of Annual Development Budget

Annual Development Budget is defined in Section 6.5 hereof.
Annual Development Budget has the meaning ascribed to such term in SECTION 9.5(f).
Annual Development Budget means the budget for conducting Development pursuant to a Joint Development Plan for a given Joint Product (and any other Joint Products that are part of the same Joint Development Program) during a given Calendar Year, as developed by the JDC and approved by the JSC in accordance with Section 3.1(b), which budget shall be updated and amended concurrently with the Joint Development Plan in accordance with Section 5.4(c).
Annual Development Budget or "ADB" has the meaning ascribed to such term in SCHEDULE J.

Related to Annual Development Budget

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

  • 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.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • 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.

  • Research Budget has the meaning set forth in Section 3.2.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Development Plan has the meaning set forth in Section 3.2.

  • 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.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Development Plans has the meaning set forth in Section 3.2.

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

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Project area budget means a multiyear projection of annual or cumulative

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • 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.

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

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

  • Approved Budget means an annual budget-

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

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

  • Joint Development Committee or “JDC” has the meaning set forth in Section 3.10.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.