Annual Development Budget definition

Annual Development Budget is defined in Section 6.4 hereof.
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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.
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Annual Development Budget means, with respect to a given Calendar Year, the amount apportioned in the Development Budget for Development of Product in the Field for such Calendar Year, as such budget may be revised from time to time by the JCC.
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Examples of Annual Development Budget in a sentence

  • The FTE rates set forth in any Annual Research Budget or Annual Development Budget shall be based upon [***].

  • However, given a company's strong cash flow in the good times, raising capital is not as hard.

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

  • The expenses charged by either Party to its R&D Account in accordance with Section 5.3.2 shall not, subject to Section 7.1.4, be an amount in excess of [***] the amount included for such expenses in the then current Annual Research Budget, Annual Development Budget or Post BLA Filing Annual Budget, as appropriate, unless the JSC recommends and each Party approves such excess expenses.

  • Such an increase is subject to Amdocs' demonstrating its ability to meet (i) or (ii) above over the immediately preceding [**] period and its ability to continue to support business requests for support and project development at prescribed Annual Development Budget levels.

  • In addition, upon a Termination for Convenience by either Party as provided herein the Terminating Party shall be responsible for its share of the Third Party Development Costs contained in the then applicable Annual Research Budget, Annual Development Budget or Post BLA Filing Annual Budget and actually incurred by the non-terminating Party at any time following such termination.

  • Sanitation/Waste Management, Fumigation, Drainage Systems and Environmental Protection.(Part II) - Budgetary Control and Accounting Annual Development Budget ExtractEach Assembly shall each year prepare an Annual Development Budget Extract from the composite budget covering the DACF.

  • The JDC shall review and approve the Joint Development Plan, including any amendments mutually agreed by the Parties, and shall submit the Joint Development Plan to the JSC for review and approval, which Joint Development Plan (including the Annual Development Budget that is part of the Joint Development Plan) will go into effect once approved by the JSC (or if the JSC cannot agree, as adopted in accordance with Section 21.2).

  • Each Party agrees to use Commercially Reasonable Efforts in performing its tasks and responsibilities and in conducting all activities ascribed or assigned to it under this Agreement, the then current Annual Research Plan, Annual Development Plan, any Annual Research Budget, Annual Development Budget, the then current Commercialization Plan and any Annual Commercialization Plan.

  • Taken together, the Annual Development Budget and the Annual Operating Budget (collectively referred to as the “Annual Budget”) shall reflect a reasonable estimate of all revenues (including anticipated borrowings) and expenses and expenditures which Owner may reasonably expect to receive, incur and pay out for the subject fiscal year, and a schedule of anticipated distributions (covering both the amount and the timing of such distributions) to the constituent partners of Owner for the subject fiscal year.


More Definitions of Annual Development Budget

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.
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Annual Development Budget or "ADB" has the meaning ascribed to such term in SCHEDULE J.
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Annual Development Budget has the meaning ascribed to such term in SECTION 9.5(f).
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Annual Development Budget is defined in Section 6.5 hereof.
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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).
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Related to Annual Development Budget

  • Development Budget has the meaning set forth in Section 3.1.

  • 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 2.2.

  • 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 means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Annual Operating Budget as defined in Section 6.2(c).

  • 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 Mhlontlo 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.