Final Budget Approval definition

Final Budget Approval means the Division-approved final budget for the Project, as set forth in Exhibit B.
Sample 1Sample 2Sample 3
Final Budget Approval means the Division-approved final budget for the Project, as set forth in Exhibit B. “Indirect Costs” means those costs that are incurred for a common or joint purpose benefiting more than one cost objective and are not readily assignable to the Project (i.e., costs that are not directly related to the Project). Examples of Indirect Costs include, but are not limited to: central service costs; general administration of the Recipient; non-project-specific accounting and personnel services performed within the Recipient organization; depreciation or use allowances on buildings and equipment; the costs of operating and maintaining non-project-specific facilities; tuition and conference fees; generic overhead or markup; and taxes.
Sample 1
Final Budget Approval means the Division-approved final budget for the Project, as set forth in the separate Final Budget Approval letter provided by the Division to the Recipient upon review and approval of the Recipient’s final budget forms.
Sample 1

Examples of Final Budget Approval in a sentence

  • Upon written request by the Recipient, the Division may adjust the line items of the Summary Project Cost Table at the time of Division’s Final Budget Approval.

  • Under no circumstances may the sum of line items in the budget approved through the Final Budget Approval process exceed the Project Funding Amount.

  • Upon written request by the Recipients, the Division may adjust the line items of the Summary Project Cost Table at the time of Division’s Final Budget Approval.

  • Budget costs are contained in the Project Cost Table below: Final Budget Approval to be inserted upon amendment.

  • Upon written request by the Recipient, the Division may adjust the summary budget line items at time of Division’s Final Budget Approval.

  • Estimated budget costs are contained in the Summary Project Cost Table below: LINE ITEM TOTAL ESTIMATE D COST PROJECT FUNDING AMOUNT Construction $ $ Pre-Purchased Material/Equipment $ $ Real Property/Easements Acquisition $ $ Change Order Contingency $ $ Force Account $ $ Allowances (Soft Costs) $ $ TOTAL $ $ The Division’s Final Budget Approval and related Form 259, Form 260, and Form 261 will document a more detailed budget of eligible Project Costs and Project funding amounts.

Related to Final Budget Approval

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

  • 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.

  • 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

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • 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.

  • Approved Budget means an annual budget-

  • 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.

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • 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.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Final Approval Order means the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit 5 hereto.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.