Annual Financial Plan definition

Annual Financial Plan annually, as soon as practicable after preparation thereof by the Company in the ordinary course of business but in no event later than January 31 of each year, the Company shall provide the Agent and each Lender copies of its annual financial plan;
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Annual Financial Plan means, in each calendar year, the Financial Plan as adopted by, or amended by, the Council of the District under the Community Charter;
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Annual Financial Plan means a detailed annual financial plan, which shall be approved by the Board of Directors not later than the last day of the preceding fiscal year (or at such later time determined by the Board
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Examples of Annual Financial Plan in a sentence

  • The Board shall adopt the Annual Capital Expenditure Budget and the Annual Financial Plan, both as defined in Section 3.3, for each fiscal year not later than the last day of the preceding fiscal year or at such later time as shall be determined by resolution of the Board.

  • When used in these By-Laws, the term "Annual Financial Plan" shall mean an annual financial plan, which shall be approved by the Board of Directors not later than the last day of the preceding fiscal year (or at such later time determined by the Board pursuant to Section 2.1).

  • CASH FLOW MANAGEMENT Cash flow requirements are derived from the Project Master Schedule on a quarterly basis and are included in the Annual Financial Plan Updates.

  • As such, they are to abide by the policies, procedures and financial obligations outlined in the Airshed Group’s Operating Guide and Annual Financial Plan.

  • He shall lead the creation of the Annual Financial Plan, establishing requirements in the coming year for all areas, and relating them to the available budget.

  • In accordance with FHWA Major Project Guidelines, the Department is required to prepare a Project Management Plan (PMP) and an Annual Financial Plan (AFP) for the Project.

  • The requirement for the Project Management Plan (PMP) and an Annual Financial Plan are contained in section 1904(a) of SAFETEA- LU.

  • Purpose: To provide the administrative guidance to implement, update, and develop SJCOG’S Overall Work Program and Annual Financial Plan.

  • Motion made by Ron Aiken, seconded by Ray Durocher, to approve and sign the Annual Financial Plan, as prepared by the State of Vermont Agency of Transportation.

  • Budget Process The School Board’s mission, vision, and goals statements provide the foundation for the recommendations contained within this Annual Financial Plan.


More Definitions of Annual Financial Plan

Annual Financial Plan. (“AFP”) shall mean the Annual Financial Plan for a Fiscal Year which shall consist of the Annual Operating Budget, the Capital Budget, the Marketing Plan and the Management Plan and any other material included therein by Operator or Owner as provided in Section 4.5, and which has been approved by Owner.
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Annual Financial Plan has the meaning assigned to that term in subsection 6.1(xi).
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Annual Financial Plan means the plan prepared by the DSO, as it stands approved or revised from time to time by the Board, which sets out the Resource Parameters within which the DSO shall discharge its functions as Distribution System Operator and the financial objectives for the performance of the DSO;
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Annual Financial Plan means the plan according to which the Constitution Phase of the provisioning of the EU Guarantee is made, as laid down in Annex 1;
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Related to Annual Financial Plan

  • Financial Plan as defined in Section 5.1(i).

  • Academy Financial Year means the academic year from 1st of September to 31st of August of the following year;

  • Annual Financial Statement is defined in Section 10.1(a).

  • old financial year means the financial year of an issuer that immediately precedes a transition year;

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • past financial year means the financial year preceding the current year;

  • Annual Financial Information means annual financial information as such term is used in paragraph (b)(5)(i) of the Rule and specified in Section 3(a) of this Disclosure Agreement.

  • Financial Period means a Financial Year or any other period in respect of which accounts are required to be prepared and certified by the auditors of the relevant company to enable it to comply with all relevant legal and accounting requirements and all requirements of any stock exchange on which any securities of the company are listed;

  • Financial Year means a year commencing on and including the 1st day of July;

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 9.1;

  • Fiscal Year means the fiscal year of the Company.

  • Commercial plan means a subcontracting plan (including goals) that covers the offeror’s fiscal year and that applies to the entire production of commercial items sold by either the entire company or a portion thereof (e.g., division, plant, or product line).

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Fiscal Year End means December 31 of each calendar year.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

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

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Original Financial Statements means the audited consolidated financial statements of the Guarantor for the financial year ended 31 December 2014.

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

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

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

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.