Approved Operating Budget definition
Approved Operating Budget shall have the meanings described in Section 2.02(b).
Approved Operating Budget has the meaning set forth in Section 7.4.
Approved Operating Budget means the Operating Budget as approved by the Owner, as such Operating Budget may be modified in writing in accordance with the terms of this Agreement.
Examples of Approved Operating Budget in a sentence
In the event that no Operating Budget for any Fiscal Year is approved prior to the first day of such Fiscal Year, Default Operating Budget shall be adopted, and shall continue in effect with such modifications as are necessary to cause such prior Approved Operating Budget to comply with the Business Plan until the approval of a new Operating Budget in accordance herewith or otherwise in accordance with the Operating Agreement.
More Definitions of Approved Operating Budget
Approved Operating Budget shall have the meaning set forth in Section 6.5 of this Agreement.
Approved Operating Budget shall have the meanings set forth in the Property Management Agreement.
Approved Operating Budget means, for any period, each Borrower's Operating Budget as approved or deemed approved by Lender from time to time in accordance with Section 5.1(D) of the Loan Agreement, setting forth such Borrower's reasonable estimate of Operating Revenues and Operating Expenses for the applicable Property for such period.
Approved Operating Budget has the meaning set forth in Section 2.5(e).
Approved Operating Budget means the Operating Budget included in the applicable Approved Resort Operating Plan and approved by Owner with respect to the Resort, in accordance with SECTION 4, as modified from time to time with Owner’s approval in accordance with this Agreement. Such Operating Budget shall also be subject to Mortgagee’s approval in accordance with the Loan Agreement.
Approved Operating Budget shall have the meaning given to such term in Section 9.3(a).
Approved Operating Budget. Approved Operating Budget" shall have the meaning set forth in Section 2.2.2.