Draft Budget definition

Draft Budget shall have the meaning set forth in Section 10.1.

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Draft Budget has the meaning ascribed to such term in Section 4.4(a).

Draft Budget has the meaning specified in Section 3.1(a).

Examples of Draft Budget in a sentence

• If the Executive Officers do not agree with any item of the Draft Budget, they will, within the same 20-day period, give the Manager notice of any inquiries to the Draft Budget, which notice will include the list of items under consideration (the “Questioned Items”) and a proposal for the resolution of each such Questioned Item.

• SECTION 10.2. For a period of 20 days after receipt of the Draft Budget, the Executive Officers, from time to time, may request further details and submit written comments on the Draft Budget.

• If the Executive Officers or Board of Directors do not agree with any item of the Draft Budget, they will, within the same 15-day period, give the Manager notice of any inquiries to the Draft Budget, which notice will include the list of items under consideration (the “Questioned Items”) and a proposal for the resolution of each such Questioned Item.

• If the Executive Officers or Board of Directors do not present any Questioned Items within such 15-day period, they will be deemed to have accepted the Draft Budget and such Draft Budget shall be deemed to be the Approved Budget (as defined in Section 10.3 below).

• If the Executive Officers do not agree with any term thereof, they will, within the same thirty (30) day period, give the Manager notice of any inquiries to the Draft Budget, which notice will include the list of items under consideration (the “Questioned Items”) and a proposal for the resolution of each such Questioned Item.

More Definitions of Draft Budget

Draft Budget has the meaning given to that expression in Section C8.11 (Preparation of Draft Budgets).

Draft Budget has the meaning given to that term in Clause 8.2.

Draft Budget means the preliminary budget, prepared by the Vice-President Operations & Finance as well as the General Manager and presented to the Finance and Operations Committee, as described in By-Law #6.

Draft Budget shall have the meaning assigned to such term in Section 5.9.

Draft Budget shall have the meaning set forth in Section 4(h)(i).

Draft Budget means the draft initial budget in the Agreed Form;

Draft Budget has the meaning given to that term in Clause 8.2. DSR Contract means, for each DNO/IDNO Party, a contract for the provision of a commercial service whereby the amount or pattern of electricity imported from the Distribution System is altered in response to the DNO/IDNO Party's instructions. ED1 Price Control Financial Handbook has the meaning given to that term in the charge restriction conditions in the Distribution Licences.