Baseline Budget definition

Baseline Budget has the meaning given this term in Section 5.3(a).
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Baseline Budget is defined as the sum of the Interim Budgets for the: a) Total Warehousing Costs (excluding HBC/GM and occupancy); b) Total Occupancy Costs (excluding HBC/GM)
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Baseline Budget has the meaning set forth in Schedule 8.11(a).
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Examples of Baseline Budget in a sentence

  • One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget.

  • READ ONLY - The Baseline Budget table was left for ease of reference during reporting.

  • Funds are available in the existing project budget with no impact to the Master Plan Baseline Budget.

  • Although the risk of equipment failure must always be compared to the time-saving element, field computers will be used to the greatest extent possible for data collection.

  • Baseline Budget Funding .....................................................................................................................................................................................

  • Table 8.4, Outlays by Budget Enforcement Act Category as Percentages of GDP: 1962-2024, and Congressional Budget Office, 10-Year Budget Projections, Table 1-1, CBO’s Baseline Budget Projections, by Category, and Table 1-5, CBO’s Baseline Projections of Discretionary Spending, Adjusted to Exclude the Effects of Timing Shifts, at https://www.cbo.gov/about/products/budget-economic-data#3.

  • Maintain the Baseline Budget for the Program in accordance with the approved Work Breakdown Structure.

  • One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments To Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget.

  • This is based upon a Baseline Budget for Phase 2 which was approved by the TJPA Board in March 2008.

  • CapLaw 5/2016 | Regulatory The new FINMA circular follows a principles-based approach to the regulation and oversight of supervised banks and other financial groups (collectively, “institutions”).


More Definitions of Baseline Budget

Baseline Budget means (i) the current Budget if such Budget was mutually approved by Owner and Manager, (ii) at Manager’s option, either the current Budget unilaterally imposed by Owner or the most recent Budget that was mutually approved by Owner and Manager, adjusted, as necessary, for (y) any actual changes in Uncontrollable Expenses, and (z) for increases in rental revenue and Controllable Expenses, based on changes in the Consumer Price Index All Urban Consumers for the area in which the Property is located, if the current Budget was unilaterally established by Owner, or (iii) to the extent that any six (6) month measurement period hereunder occurs during a period where an updated Budget is due, and a new Budget has not yet been approved or established in accordance with Section 2.3(a) hereof, the existing Baseline Budget, adjusted, as necessary, for the circumstances described in clauses (y) and (z) above.
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Baseline Budget means a budget which is adjusted to macroeconomic assumptions and where expenditures and revenues are projected assuming no legal or policy change in the year when the budget is executed.
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Baseline Budget means the budget for calendar years 2006, 2007 and 2008 as set forth in Exhibit C attached hereto, which sets forth the gross revenue and pre-tax profit targets for each of these calendar years, as amended and updated from time to time in accordance with Section 6.10(e). The Baseline Budget will provide for continued manufacture of at least 125,000 caps per year by the Company for Purchaser on a cost basis with the same level of quality and timing of delivery as is currently being provided to Purchaser by the Company (the “Baseline Cap Production Requirement”); provided, however, if Purchaser funds the capital expenditures necessary to double the Company’s cap production capacity (which are not expected to exceed $100,000 plus incremental labor costs), the Baseline Cap Production Requirements shall be increased to 250,000 caps per year. In addition, the Baseline Budget for each of calendar years 2006, 2007 and 2008 shall, at the direction of Purchaser in its sole discretion, require and reflect the Company’s reinvestment of up to 7% or $250,000 of its revenue, whichever is greater (the “Reinvestment Requirement”), towards research and development activities, which amounts shall be fully reflected as expenses for purposes of determining the pre-tax profit targets for each of these calendar years. The Reinvestment Requirement will also include, at the direction of Purchaser in its sole discretion, up to certain levels of investment in product marketing to be identified in the Baseline Budget.
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Baseline Budget means [***].
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Related to Baseline Budget

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • 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.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Approved Budget means an annual budget-

  • 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.

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

  • 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.

  • Development Budget has the meaning set forth in Section 3.1.

  • 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.

  • 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.

  • 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.

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.

  • Annual Operating Budget as defined in Section 6.2(c).

  • Research Budget has the meaning set forth in Section 2.2.

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

  • Project area budget means a multiyear projection of annual or cumulative

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • 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).

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

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

  • Baseline means the “Initial Small Business Lending Baseline” set forth on the Initial Supplemental Report (as defined in the Definitive Agreement), subject to adjustment pursuant to Section 3(a).

  • 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).

  • 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:

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.