Budgeted Expense definition

Budgeted Expense means any cost or expense incurred by Operator in the performance of the Services (excluding, for avoidance of doubt, the costs and expenses related to fuel for the Project) which has been approved by the Management Committee in the Mobilization Phase Budget or the Annual Budget, as applicable, or in any revision thereto which has been approved by the Management Committee in accordance with this Agreement.
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Budgeted Expense has the meaning set forth in Section 4.02(b).
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Budgeted Expense means for any month the amount shown for such month (regardless of year) in the Total Expense line of the 2018 Fiscal Year Budget, with any partial month prorated.
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Examples of Budgeted Expense in a sentence

  • Figure 2-2 FY 2018 Budgeted Expense Categories The District’s existing loans include a 2009 Water Revenue Certificates of Participation Bond ($20.0 million), 2012 Refinancing Bond that will be fully repaid in FY 2018 ($3.0 million), a 2016 Solar Loan ($8.0 million), and a Prop 55 Loan from the State of California ($5.25 million).

  • In applicable format along with a comparative statement of Actual Expense with Budgeted Expense.

  • CONNECT2Careers endeavors to address the City’s skills gap and high youth unemployment by providing meaning- ful work experiences that prepare young adults ages 16-24 for careers.ReductionsReduction of Budgeted Expense and Revenue for Civic San DiegoA portion of Civic San Diego’s annual budget resides in the Economic Develop- ment budget for administration and pro- jects; however, the budgeted expense and revenue amounts were over-allocated by approximately $282,000.

  • At March 31, 2022 WTA had spent 85.0% of its budgeted operating expenses.Actual Operating Expense to Budgeted Expense MetNot to exceed: Wages and benefits combined were 37% less than budgeted.

  • In order to recali- brate the Department’s budget to more ac- curately reflect the amount of budgeted ex- pense and revenue needed to support Civic San Diego operations, the FY 2016 Pro- posed Budget reduces expense and revenue by approximately $282,000.Removal of Budgeted Expense and Revenue for Civic San Diego—Housing Successor AgencyA portion of Civic San Diego’s annual budget for Housing Successor Agency activi- ties is included in the Economic Develop- ment budget.

  • Locality Operating Share$ 2,834.9Strategic Allocation Farebox Recovery: 8.0% 7.8%Farebox % of Budgeted Expense: 7.7% FISCAL YEAR 2022(Dollars in Thousands) ANNUAL BUDGETPORTSMOUTHYEAR-TO-DATEBUDGET ACTUAL VARIANCE Locality Operating ShareTraditional AllocationTotal Revenue Contribution: 1.

  • The Borrowers shall not utilize the Tranche A Overadvance Loans to make any expenditure which is not a Budgeted Expense as set forth in the Budget, or which is not set forth on a revised and updated Budget that has been preapproved by the Required Overadvance Banks in their reasonable discretion.

  • Resolution authorizing the City to enter into a contract with Charles Holt, T & D Concrete Finishers, to provide labor, equipment, materials and incidentals necessary to repair the driveway at 1848 Ford Street caused by heavy equipment crossing the driveway to get to the rear of the lot to repair a collapsed sewer line, in the amount of $6,300.00 to be paid from Budgeted Expense Funds, sponsored by Mike Doyle.

  • Budgeted Expense The CEO Emerging Work Allowance is used to fund activities that require additional funding from what was planned during the budgeting cycle.

  • The above information is based on the ‘2019-20 Mid-Year Review Service Level Agreement’ and includes Budgeted Expense Capital allocation.

Related to Budgeted Expense

  • Covered Expense means expense incurred only for the following:

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Rental Expense means, with respect to any period, the aggregate amount of rental payments made by the Company and its Subsidiaries (determined on a consolidated basis) for such period with respect to operating leases.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • 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.

  • Permitted Expenses means the reasonable and documented costs and expenses incurred by the Agents and the Lenders (and their respective agents or professional advisors) in connection with the preparation, administration, amendment and due diligence of this Agreement and the other Credit Documents and, which costs and expenses the Borrower shall reimburse to the Administrative Agent or shall pay or cause to be paid in accordance with the Credit Documents. “Permitted Expenses” shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Consolidated Rental Expense means, for any period, on a consolidated basis for the Company and its Subsidiaries, the aggregate amount of fixed and contingent rentals payable in cash by the Company and its Subsidiaries with respect to leases of real and personal property (excluding capital lease obligations) determined in accordance with GAAP for such period (subject to Section 1.04(b)).

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • 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.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • 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.

  • Lease Expense means, with respect to any Person, for any period for such Person and its subsidiaries on a Consolidated basis, lease and rental expense accrued during such period under all leases and rental agreements, other than Capital Leases and leases of personal property, determined in conformity with GAAP.

  • 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.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.