Bonded Budget definition

Bonded Budget means the budget for a qualified production for which
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Bonded Budget means, with respect to any Picture, the final budget for such Picture as approved in writing by the applicable Approved Completion Guarantor on or prior to the date upon which the Approved Completion Bond is required to be delivered to the Administrative Agent hereunder, which final budget includes (i) all Negative Cost in respect of such Picture and (ii) any contingency required by the applicable Approved Completion Guarantor, and which may be increased after the effective date of the Approved Completion Bond to the extent such increases have been approved by the applicable Approved Completion Guarantor and are covered by the Approved Completion Bond; provided that the Borrower has sufficient liquidity (which, if not from available cash, is on a basis reasonably acceptable to the Administrative Agent) to fund its share of the modified Bonded Budget.
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Bonded Budget means, with respect to each Qualifying Picture, the final cash budget for such Qualifying Picture (stated in U.S. Dollars, unless expressly approved in writing by both the Administrative Agent and the Co-Administrative Agent) as approved in writing by the applicable Approved Completion Guarantor and the Co-Administrative Agent on or prior to the date on which the principal photography for such Qualifying Picture commences and which shall include all costs customarily included in connection with the acquisition of all underlying literary, musical and other rights with respect to such Qualifying Picture and in connection with the preparation, development, production, publicity and completion and delivery of an answer print and all other delivery items of such Qualifying Picture including but not limited to costs of materials, equipment, physical properties, personnel and services utilized in connection with such Qualifying Picture, both “above-the-line” and “below-the-line”, any completion bond fee, and a contingency amount, and all other items customarily included in negative costs, but excluding (i) finance charges and (ii) interest expense, except interest expenses and finance charges actually paid to a third party in connection with an acquisition or otherwise specifically related to the production of such Qualifying Picture; provided, however, that the amount of the contingency included in the Bonded Budgeted shall be not less than 10% of the cash budget or such greater amount as is required under the Completion Guaranty for such Qualifying Picture. For the avoidance of doubt, the Bonded Budget may include any reasonable overhead expenses payable by the Borrower.
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Examples of Bonded Budget in a sentence

  • Restorative justice proposes that the victims, perpetrators and the broader community should engage in a dialogue that aims at identifying and addressing the underlying social and political causes of the crimes and wrongdoing (Nabudere and Velthuizen, 2013).

  • Apart from Dirichlet boundary conditions, a slip boundary condition has been implemented for boundaries which are not to be deformed but whose surface grid points are allowed to move tangentially along the boundary [21].c∂xextTc∂xextFrom Eqns.

  • For each Picture delivered by Marvel with a Final Bonded Budget of at least $60 Million, the release windows for the initial domestic theatrical wide release shall be: A.

  • No Player or Team Staff may take part, directly or indirectly, in betting or gambling (including fantasy esports gambling) on any results of any BLAST R6 match and/or any portion hereof.

  • Pay or become obligated to pay any overhead expenses or development costs (except such reasonable costs that are included in the Bonded Budget of a particular Qualifying Picture).


More Definitions of Bonded Budget

Bonded Budget means, with respect to any Picture, the final budget for such Picture as approved in writing by the applicable Approved Completion Guarantor on or prior to the date upon which funding for such Picture under the Facility commences, which final budget includes (i) all Direct Negative Costs in respect of such Picture, (ii) any contingency required by the applicable Approved Completion Guarantor, (iii) a completion bond fee payable to an Approved Completion Guarantor in respect of an Approved Completion Bond and (iv) interest anticipated to accrue on amounts borrowed under the Facility to cash flow items (i), (ii) and (iii) above through the outside delivery date for such Picture (giving effect to all applicable arbitration and cure periods) at a rate per annum equal to LIBOR plus the Applicable Margin for LIBOR Loans.
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Bonded Budget means, with respect to any Picture, the final budget for such Picture as approved in writing by the applicable Approved Completion Guarantor on or prior to the date upon which funding for such Picture under the Facility commences, which final budget includes (i) all Direct Negative Costs in respect of such Picture, (ii) any contingency required by the applicable Approved Completion Guarantor, (iii) a completion bond fee payable to an Approved Completion Guarantor in respect of an Approved Completion Bond and (iv) other amounts required to be included in such budget pursuant to the Senior Loan Documents.
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Bonded Budget is hereby amended by (i) deleting the words “the date on which principal photography for such Qualifying Picture commences” therein and replacing them with “the Initial Funding Date with respect to such Qualifying Picture” and (ii) deleting the words “10% of the cash budget” therein and replacing them with “10% of the “Below-The-Line” costs”.
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Related to Bonded Budget

  • Approved Budget means an annual budget-

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

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

  • 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.

  • 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.

  • 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.

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

  • 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.

  • 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.

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

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

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

  • 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.

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

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

  • Research Budget has the meaning set forth in Section 3.2.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

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

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Total Project Costs means the total amount of money required to complete the Project.

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.

  • 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).

  • 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.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;