Budget Changes definition

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget cost categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the AG and OSC where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Attachment D (Payment and Reporting Schedule).
Budget Changes provisions, the Grantee and sub-recipients must obtain prior written approval from ED for transfers among direct cost categories and among separately budgeted programs, projects, functions, or activities that exceed $100,000 of the current total approved budget.
Budget Changes. An amendment that would result in a transfer of funds among program activities or budget categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the Offices of the State Comptroller and Attorney General where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Appendix C (Payment and Reporting Schedule).

Examples of Budget Changes in a sentence

  • The Budget Changes shall not become effective until approved by a majority in interest of the Noteholders, which approval shall not be unreasonably withheld; provided that if the Noteholders have not notified the Company of their approval or disapproval of the Budget Changes within thirty (30) days after they were submitted to the Noteholders, the Final Budget shall be automatically approved.

  • Not more than thirty (30) days after the end of the fiscal year, the Company shall submit to the Trustee and the Noteholders a final annual budget (the "Final Budget"), including a reconciliation of any material changes in the budget from the preliminary to final stage (the "Budget Changes").

  • Exhibit 1(f) Baseball Arbitration of Development Plan Budget Changes A baseball style arbitration (“Baseball Arbitration”) may only be initiated with respect to a dispute between the Parties with respect to a change in the development budget as described in paragraph 1(f).


More Definitions of Budget Changes

Budget Changes has the meaning assigned thereto in Section 3.17(d) hereof.

Related to Budget Changes

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget Period means the fiscal period for which a budget is prepared.

  • 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.

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

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Project Implementation Manual or “PIM” means the manual setting out the measures required for the implementation of the Project, as the same may be amended from time to time, subject to prior approval of the Association;