Annual Plan and Budget definition

Annual Plan and Budget means the annual plan and budget approved under Article 8. The Annual Plan and Budget for the First Operating Year is the relevant part of the Annual Plan and Budget set out in Schedule 2;

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Annual Plan and Budget has the meaning set forth in Section 8.1(a).

Annual Plan and Budget means the annual plan and budget approved under Article 8;

Examples of Annual Plan and Budget in a sentence

Upon the approval of both Parties, the draft Annual Plan and Budget becomes the Annual Plan and Budget.
In the event of a difference between the Annual Plan and Budget and actual annualized results exceeding the total Annual Plan and Budget by more than 3% for the SUMF Item in question or by more than a 3% change in any tariff with respect to the SUMF Item in question or the equivalent in local currency of USD50,000, whichever is the greater, the Supplier shall consult with the Purchaser and provide relevant explanations for such differences.
At all times, the Annual Plan and Budget, and the Multi-Year Plan approved by the Board, and any proposed modifications thereto, shall be subject to approval, review, amendment and modification by the Board (subject to the Significant Matters approval requirements contained in Section 6.4).
With the continued assistance and support of the Enterprises, the Company shall design, develop, build, test, operate, support, maintain, update and enhance the Platform in accordance with the Charter, the Annual Plan and Budget, the Multi-Year Plan approved by the Board, and the Customer Services Agreement, and shall use commercially reasonable efforts to commence operation of the Platform as soon as practicable.
Pricing structure and prices per item: costs will be charged on the basis of the recovery of Supplier’s actual costs allocated in line with Supplier’s accounting practices and cost allocation keys as defined by the Annual Plan and Budget.

More Definitions of Annual Plan and Budget

Annual Plan and Budget shall have the meaning assigned in Section 3.2.

Annual Plan and Budget shall have the meaning set out in Clause 7.1.2.

Annual Plan and Budget means, with respect to any year, a plan for such year which shall include at least the following: planned research and development activities, including timeline and targeted milestones; planned manufacturing activities; and planned sales and marketing activities and which shall be prepared and approved in accordance with the terms of Section 3.2(a) to the Collaboration Agreement.

Annual Plan and Budget has the meaning set out in the Property and Asset Management Agreement.

Annual Plan and Budget means a plan and budget that must be approved by Council summarizing Permitted Uses of Annual Income and any Authorized Loans for that Fiscal Year;

Annual Plan and Budget means, for each calendar year, the annual business plan and annual budget for the USLP (Investment), the USLP (Owner), the US General Partner and the Real Property, to the extent same has been approved as a Major Decision.

Annual Plan and Budget. Section 9.03.