Approved Business Plan definition

Approved Business Plan means any Business Plan that is approved by the Company Board and that contains the Mandatory Requirements and complies with the Initial Approved Business Plan.

Approved Business Plan shall have the meaning set forth in the LLC Operating Agreement.

Approved Business Plan means the Business Plan approved by the Licensee.

Examples of Approved Business Plan in a sentence

• When requested by Owner in writing or as set forth in an Approved Business Plan, Manager or an affiliate thereof shall, at Owner’s expense and in Owner’s name or in Manager’s name as agent for Owner, supervise the installation and construction of all Major Capital Improvements to the Property where such work constitutes other than normal maintenance and repair, for additional compensation as set forth in a separate agreement.

• Approved Business Plan to be submitted before Project implementation Project implementation shall not be commenced unless and until the Business Plan is approved by the Lessor in accordance with the Development Agreement.

• If such referral results in an agreement on a Member [***] Budget, such Member [***] Budget shall become an approved amendment to the Initial Business Plan (and the Initial Business Plan as so amended shall be an Undisputed Approved Business Plan), and the Authorized Officers, or the Chief Executive Officer, as applicable, shall implement the amended Initial Business Plan as promptly as commercially practicable.

• When requested by Owner in writing or as set forth in an Approved Business Plan, Manager or an affiliate thereof shall, in its capacity as Manager pursuant to this Agreement, supervise the installation and construction of all Major Capital Improvements to the Property where such work constitutes other than normal maintenance and repair, for additional compensation as set forth in a separate agreement.

• If such referral does not result in an agreement on a Member [***] Budget within ten (10) days of such referral, then the [***] shall become an approved amendment to the Initial Business Plan (and the Initial Business Plan as so amended shall be a Disputed Approved Business Plan), and the Authorized Officers, or the Chief Executive Officer, as applicable, shall implement the amended Initial Business Plan as promptly as commercially practicable.

More Definitions of Approved Business Plan

Approved Business Plan means either an Undisputed Approved Business Plan or a Disputed Approved Business Plan, as in effect from time to time.

Approved Business Plan has the meaning ascribed to such term in the Stock Purchase Agreement.

Approved Business Plan has the meaning ascribed thereto in Section 6.3.3.

Approved Business Plan shall have the meaning specified in Section 5.06.

Approved Business Plan means the business plan for the Project, which may be updated by the Managing Member from time to time in accordance with the terms of this Agreement. The Approved Business Plan as of the Effective Date is attached hereto as Schedule 3.

Approved Business Plan means for any Budget Year, the Business Plan for the Budget Year in question, as approved by at least two of the General Partners in accordance with the provisions hereof and as any of the same may be amended from time to time in accordance with the provisions hereof.

Approved Business Plan has the meaning as set out in Section 12.1(b);