Approved Initial Budget definition

Approved Initial Budget has the meaning set forth in Section 4.3.2.
Sample 1Sample 2Sample 3
Approved Initial Budget means budget prepared by the Borrowers in the form of Exhibit D and which is approved by, and in form and substance satisfactory to the Agent in its sole and absolute discretion.
Sample 1
Approved Initial Budget. 6.8.3 “Automatic Sweep Instructions” – 6.1.1(a) “Available Cash” – 6.8.1(m) “Borrower” – Introductory Paragraph “Borrower TRS Permitted Indebtedness” – 4.2.8 “Borrower’s Operating Account” – 6.1.3 “Capital Expenditure Account” – 6.4.1 “Capital Expenditure Funds” – 6.4.1 “Cash Collateral Account” – 6.7.1 “Cash Collateral Floor” – 6.7.2 “Cash Collateral Funds” – 6.7.1 “Cash Management Account” – 6.1.1(b) “Cash Management Accounts” – 6.9 “Casualty” – 5.2 “Casualty and Condemnation Account” – 6.6 “Casualty and Condemnation Funds” – 6.6
Sample 1

Examples of Approved Initial Budget in a sentence

  • If during any Trigger Period, Borrower has submitted an Annual Budget and such Annual Budget has not been approved prior to the commencement of the calendar year to which such budget relates then the previous Approved Annual Budget shall continue to be deemed to be the Approved Annual Budget for that calendar year, except that the line item for Capital Expenditures shall not exceed the Capital Expenditures set forth in the Approved Initial Budget.

  • The Agent shall have received the Approved Initial Budget in form and substance satisfactory to the Agent in its reasonable discretion.

  • The initial Budget for the Company attached hereto as Exhibit E has been approved by the Members (the "Approved Initial Budget").

Related to Approved Initial Budget

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Approved Budget means an annual budget-

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • 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.

  • 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.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • 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.

  • 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).

  • Research Budget has the meaning set forth in Section 4.2.

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Approved program or "approved state" means a state or interstate program that has been approved or authorized by EPA under 40 CFR Part 123 (2000).

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

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

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Approved List means Securities followed by the Global Fundamental Research Group and tracked on the Approved List. Securities may be added, removed, or undergo periodic ratings changes.

  • Annual Operating Budget has the meaning set forth in Section 4.11.