Budget Event definition

Budget Event means any of the following:
Budget Event means the actual amount of aggregate cumulative operating disbursements during any Budget Testing Period exceeding the projected cumulative operating disbursements (on a cumulative basis) in the Budget for such Budget Testing Period by more than a Permitted Variance.
Budget Event means any of the following: (a) the actual amount of aggregate cumulative operating disbursements plus capital expenditure disbursements during any Budget Testing Period shall exceed the projected cumulative operating disbursements plus capital expenditure disbursements in the Approved Budget for such Budget Testing Period by more than 10%; or

Examples of Budget Event in a sentence

  • In addition, please provide the source of each cost estimate (see sample budget below) Sample Budget Event CostsSpeaker Fee 1 hr @ $300 $ 300Advertising 3 Oregon Daily Emerald Ads @ $150 $ 450Venue Rental 2 hours EMU Ballroom @ $500 $1000Total Event Cost $1750(This is a sample only.

  • As noted earlier, in the 2012 Budget, Event Analysis and Investigations was budgeted as part of the Compliance Monitoring and Enforcement Program, but for 2013 Event Investigations is budgeted as part of CMEP and Event Analysis is budgeted as part of Reliability Risk Management.

  • In NERC’s 2012 Budget, Event Analysis and Investigations was budgeted as part of the CMEP.

  • The Chief Executive reminded Members that the Council was hosting a Participatory Budget Event on Saturday 1st February 2020 in the Killultagh DEA between 11am and 3pm.

  • Main Budget Event – to concentrate on the 2009/10 Budget and future priorities, targeted at all stakeholders not included in specific events.

  • Policy 18.01 Budget Event budgets are approved as part of the annual budgeting process.

  • Chart 2 – Women’s National Team – FY’17 Event Budget GameNo. Month Type AttendanceChart 3– Men’s National Team – FY’17 Event Budget Event No. - Average ticket prices and attendance estimates for the National Teams are prepared using a combination of historical data, opponent assumptions, location and recent trends in event activity.

  • The below details the aspects required to develop a major event.1. Planning- Budget- Event date- Venue booking- Stakeholders – share event date2.

  • Upon fulfilment of his contractual obligations the tallyman is entitled to demand an immediate payment on account, amounting to the expected value of his invoice.

  • Exhibit 2Income tax rates and thresholds Source: SPICe 4 Scottish Budget 2020/21, Presentation at Budget Event, 7 February 2020, Fraser of Allander.


More Definitions of Budget Event

Budget Event means that the aggregate amount of actual disbursements during any Budget Testing Period shall exceed the projected aggregate disbursements in the Approved Budget for such Budget Testing Period by an amount greater than the Permitted Variance (this clause (b), the “Budgeted Disbursements Test”).
Budget Event means the actual amount of aggregate cumulative operating disbursements and expenses (excluding professional fees and expenses) during any Budget Testing Period shall exceed the projected cumulative operating disbursements (on a cumulative basis) in the Approved Budget for such Budget Testing Period by more than 15% (the variance described in this definition, the “Permitted Variance,” and such Permitted Variance subject to receipt by DIP Lender of the Budget Variance Report).
Budget Event means any of the following: (a) the actual amount of aggregate cumulative operating disbursements plus capital expenditure disbursements during any Budget Testing Period (other than the Initial Budget Testing Periods) shall exceed the projected cumulative operating disbursements plus capital expenditure disbursements in the Approved Budget for such Budget Testing Period by more than 10%; or (b) the aggregate amount of actual receipts during any Budget Testing Period (other than the Initial Budget Testing Periods) shall be less than 85% of the aggregate cumulative receipts in the Approved Budget for such Budget Testing Period (the variances described in (a) and (b) of this definition, the “Permitted Variance”). “Budget Testing Date” means (i) each of the second, third and fourth Friday occurring after the Petition Date (collectively, the “Initial Budget Testing Dates”) and (ii) the
Budget Event. “Person” means an individual, a corporation, a limited liability company, an association, a partnership, a joint venture, a joint stock company, a trust, an unincorporated organization or a government or an agency or a political subdivision thereof. “Petition Date” has the meaning assigned to such term in the recitals. “PIK Interest” has the meaning assigned to such term in Section 2.04(c). “Plan” means any employee pension benefit plan covered by Title IV of ERISA or subject to the minimum funding standards under Section 412 or Section 430 of the Code that either (a) is maintained by the Borrower or an ERISA Affiliate for employees of the Borrower or an ERISA Affiliate or (b) is maintained pursuant to a collective bargaining agreement or any other arrangement under which more than one employer makes contributions and, in the case of either (a) or (b), to which the Borrower or an ERISA Affiliate is then making or accruing an obligation to make contributions or has within the preceding five plan years made contributions or has had any liability “Pledged Shares” means, collectively, the Initial Pledges Shares and all Capital Stock of any Issuer now or hereafter owned by any Grantor, together in each case with (a) all certificates representing the same, (b) all Capital Stock, securities, moneys or other property representing a dividend on or a distribution or return of capital on or in respect of the Pledged Shares, or resulting from a split-up, revision, reclassification or other like change of the Pledged Shares or otherwise received in exchange therefor, and any warrants, rights or options issued to the holders of, or otherwise in respect of, the Pledged Shares, and (c) without prejudice to any provision of any of the Loan Documents prohibiting any merger or consolidation by an Issuer, all Capital Stock of any successor entity of any such merger or consolidation. For the avoidance of doubt, Pledged Shares shall not include the Excluded Equity Interests.

Related to Budget Event