Closing Budget definition

Closing Budget means the initial 13-week cash flow budget provided by the Borrower to the Administrative Agent in conjunction with the closing of the Fourteenth Amendment hereto.
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Closing Budget means a line item budget detailing projected cash receipts and disbursements for the Borrowers for the Budget Term and comprised of forecasts for the initial twelve weeks on a weekly basis and for the following three months on a monthly basis (each such period, a "Budget Period"), as modified in accordance with Section 7.01(f), and as may be adjusted or modified from time to time in the DIP Agents' and Requisite DIP Lenders' reasonable discretion.
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Examples of Closing Budget in a sentence

  • The State Operations expenditure is forecasted to be $1.497million for FY 2018-19 based on the Fi$cal Pre Year-End Closing Budget Report as of June 30, 2019.

  • Prior to Closing, Budget shall have transferred all of its Business existing at the time of Closing, including, but not limited to all Obligations to its wholly owned subsidiary, to InfoCenter and InfoCenter shall have entered into a Distribution Agreement in the form of the attached Exhibit “A” for the spin-off of InfoCenter.

  • Dual X second generation current conveyor (DXCCII) combines CCII (current conveyor) and ICCII (inverting current conveyor).

  • Total Project Costs (“TPC”) is defined as the total costs incurred in acquiring and developing the project as set forth in the Closing Budget (for purposes of the Cash Fee), or in an Independent CPA’s report of sources and uses of funds given to OH (for purposes of the Incentive Fee).

  • Prior to Closing, Budget shall have completed, at its sole expense (which expense shall not remain on the income statement or be reflected on the balance sheet of Budget as of and provided at Closing, hereinafter referred to as the “Balance Sheet”), a reverse 10-for-1 split of its common stock (with no new share certificates to be issued as a result thereof), such that there will be 2,891,168 shares of common stock of Budget outstanding at Closing (the “Reverse Split”).

  • Notwithstanding the foregoing, in any Budget Period the amount expended for film rent may be greater than the Closing Budget line limit by an amount equal to 70% of the difference between (i) the actual box office receipts for such Budget Period over (ii) the budgeted box office receipts in the Closing Budget for such Budget Period.

  • In addition, a Title Funds Closing Budget form, General Ledgers documenting expenditures of funds associated with this IGA, and carryover justification form shall be included and submitted to the AOC by September 1st of each fiscal year.

  • Based on the Weekly Budget, the DIP Administrative Agent may in its sole discretion agree to adjust or modify the Closing Budget.

  • When an employee works any part of his/her thirty (30) minute, duty-free lunch, the full thirty (30) minutes shall count toward the employee’s forty (40) hours of work for that workweek.

  • Blacketor; we have not been out of compliance.Consent S-8 Closing Budget Functions for 1999BACKGROUND: The 1999 budget was planned in accordance with the best estimates in July, 1998.

Related to Closing Budget

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

  • 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.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

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

  • 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.

  • 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.

  • 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.

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

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

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

  • Approved Budget means an annual budget-

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

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

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

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

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

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • 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.

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

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

  • 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.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).