First Budget definition

First Budget means the first Budget prepared under clause 3.6 and approved under clause 3.7.
First Budget shall have the meaning set forth in Section 4.1.1(a) hereof.
First Budget has the meaning given in clause 8.2. Fundamental Conventions of the International Labour Organisation means,

Examples of First Budget in a sentence

  • Additional expenditure required for non-completed Operating Projects at the end of the Financial Year, is incorporated in the Budget as part of First Budget Update.

  • Following the First Budget Update, the value of carried forward expenditure is $0.438 million.

  • In a mirror all asymmetrical objects (objects not superposable on their mirror images) “go the other way” [Gardner 2015, p.166].

  • Isabel Kershner, “Israel Passes First Budget In 3 Years, Easing Chaos,” New York Times, November 5, 2021.

  • The First Budget update increased the Operating Deficit by $225,755 to $1,024,210 for the 2020-2021 Financial Year.

  • The HRA First Budget report elsewhere on this agenda provides more details on these risks, and the HRA Second Budget report will provide details of the 2013/14 savings put forward to mitigate these risks.

  • Cooperating Institution: Vanderbilt University Vanderbilt University Medical Center Non-Grantee Employee: Costs requested by Cooperating Institution: Proposed Effective Date: First Budget Year: - Project Period: - Total Costs: $ Total Costs: $ CERTIFY FOR YOUR INSTITUTION THAT: • Both institutions agree that the Non-Grantee Employee for whom the SBA is being established is NOT a Key Person listed in the Proposal/Prime Award.

  • Following the First Budget Update and the Mid-Year Budget Review, the Recurrent Operating Budget Surplus was increased to $2.357 million.

  • Following the First Budget Update, the value of carried forward expenditure is $0.604 million.

  • The First Budget Update forecast the cost of Operating Projects to be $1.816 million, the Mid-Year Budget Update is estimating a slight decrease in this figure to $1.737 million.


More Definitions of First Budget

First Budget means the operating budget and financial forecast for the HoldCo Group for the period from Completion to 31 December 2022;
First Budget means the first Budget of the Company in the Agreed Terms, to take effect as of the Completion Date;

Related to First Budget

  • 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.

  • 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.

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

  • 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.

  • Approved Budget means an annual budget-

  • Development Budget shall have the meaning set forth in Section 3.3.

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

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

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

  • 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.

  • 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.

  • 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 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.

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

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

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Research Budget has the meaning set forth in Section 3.2.

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

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.