Annual Plan & Budget definition
Examples of Annual Plan & Budget in a sentence
If a subsidy is provided to users (directly or indirectly), the Annual Plan & Budget shall demonstrate (not merely assert) that the subsidy is limited to a reasonable amount which corresponds to a material effect on parking in the parking meter zones and serves a public purpose .
Also, every proposed activity which is targeted to specific users, such as an employee parking program, shall demonstrate in the Annual Plan & Budget that such an activity shall not violate general principles of equal protection by ensuring that protected classes of people are not discriminated against.
Annually, each Community Parking District Advisory Board shall develop, through community input, and recommend to the City Council an Annual Plan & Budget which shall identify proposed improvements and activities and the associated budget, as required by Section D.2. below.
Sources and uses of Community Parking District funds and other funds previously included in the Annual Plan & Budget for that fiscal year.
Approval of an Annual Plan & Budget or a Capital Improvement approved in accordance with Article 2.4.2 or Article 3.1.5(y) providing for such demolishing, removal or modification of Shared Facilities shall constitute written consent as may be required in the previous sentences.
If and to the extent no agreement has been reached by January 1, the Annual Plan & Budget of the prior year shall provisionally control with respect to costs controllable by Operator (other than payroll costs), and the disputed Annual Forecast in all other respects, with such changes thereto as are agreed between the Parties.
Such Annual Plan & Budget shall (i) enable Operator to adequately protect HSE to the same standards as are commonly practiced at the Site and in compliance with applicable law, (ii) enable Operator to comply with applicable law and to reasonably fulfill the programs, targets and budgets as set forth in the Annual Plan & Budget, and (iii) enable Operator to fully recover its actual costs that are permitted to be charged in accordance with the Principles of Operatorship and this Agreement.
The nominations shall be in line with the applicable Annual Plan & Budget, subject to deviations therefrom permitted under this Agreement, or, in case such Annual Plan & Budget has not yet been approved, the Annual Forecast for the succeeding year or, in case such Annual Forecast has not yet been submitted, the estimates submitted by the Owners to the Scheduling Team for the purpose of preparing the Annual Forecast for the succeeding year.
Minor Capital Improvements shall be deemed to be approved by both Owners provided that the same are (i) within the discretionary Capital Expenditure authority of the plant manager of the Facilities and (ii) within the line item allocation for minor Capital Improvements as contained in the applicable Annual Plan & Budget.
In the event of a difference between the Annual Plan & Budget and actual results exceeding 3% or the equivalent of at least USD 50,000, whichever is greater, the Supplier shall consult with the Purchaser and provide relevant explanations for such differences.