FA Budget definition
Examples of FA Budget in a sentence
Failing agreement on the Revenue Goal or the FA Budget, or both, the negotiators will submit their positions to the Dispute Resolution Procedure as described in Attachment B hereto.
Failing agreement on adjustments to the Revenue Goal or the FA Budget, or both, such adjustments to the Revenue Goal or the FA Budget, or both, will be determined as provided in Section 4.1 above.
The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GI-Inc is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year.
If GI-Inc negotiates a non-US Deal that includes a level of Financial Assistance for a Multinational that is greater than the level of Financial Assistance then currently agreed with that Multinational under a US Deal then GI-Inc will not thereafter attempt to increase the Revenue Goal or reduce the FA Budget to offset such increased Financial Assistance.
Additionally, United shall receive incentive compensation that is based, for the year in question, on Total Revenue versus the Revenue Plan and on Financial Assistance spending versus the FA Budget.
Subject to Section 3.2 below, at no time will US Airways be required or requested to provide Financial Assistance to any person either directly or through adjustments to, or inclusions in, the FA Budget, the Revenue Goal, the Base Compensation, the Guaranteed Compensation, the Performance Compensation, or otherwise.
The FA Budget for each year will (i) include contractual commitments for the payment of Financial Assistance for that year and for which GILLC is obligated, (ii) include reasonable estimates and projections as to additional Financial Assistance that may be required to gain new business or retain existing customers, and (iii) be commensurate with the Revenue Goal for that year.
For 1997, the Revenue Goal and the FA Budget are as shown on Schedule 1 hereto.
If GI-Inc's Financial Assistance expenditures with respect to the Total Revenue are under the FA Budget for that year then the difference between such expenditures and the FA Budget will be added to Total Revenue counted toward the Revenue Goal for that year.
Modifications to the Revenue Goal and the FA Budget are subject to the provisions of this Agreement.