Initial Annual Business Plan definition

Initial Annual Business Plan has the meaning ascribed to such term in Section 6.13.2 of this Agreement.
Sample 1Sample 2Sample 3
Initial Annual Business Plan is defined in Section 2.2.1.
Sample 1Sample 2Sample 3
Initial Annual Business Plan is defined in Section 5.3.1.
Sample 1

Examples of Initial Annual Business Plan in a sentence

  • Other than with regard to the Initial Annual Business Plan, each Annual Business Plan shall be subject to the approval of the Board upon Majority Consent.

  • However, the Company shall be dissolved and its affairs wound up upon the first to occur of any of the following events: (a) Failure to Deliver Initial Annual Business Plan.

  • The Parties have agreed to the initial Annual Business Plan (covering the period from the Effective Date through and until October 31, 2009) (as may be modified, amended or supplemented by the Members in accordance with this Agreement, the “Initial Annual Business Plan”).2 The Parties agree and acknowledge that although the Initial Annual Business Plan covers the remaining portion of the 2009 Fiscal Year, all subsequent Annual Business Plans shall cover one (1) full Fiscal Year.

  • The Parties agree and acknowledge that although the Initial Annual Business Plan covers the remaining portion of the 2009 Fiscal Year and the 2010 Fiscal Year, all subsequent Annual Business Plans shall cover one (1) full Fiscal Year.

  • Not later than sixty (60) calendar days prior to the end of the Initial Annual Business Plan and each subsequent Fiscal Year, the President shall cause to be prepared and shall present to the Board a business plan (the “Annual Business Plan”) for the succeeding Fiscal Year.

  • The plans for each of Russia, South Africa and Australia with respect to definitive branding strategy, a list of those particular Navistar Truck Models (if any) and Caterpillar Truck Models (if any) to be sold by the Company (together with an introduction date for each such model) and a selection of the JV Dealer(s) and incorporation of such agreed upon plans into the Initial Annual Business Plan and the Initial Rolling Business Plan.

  • Consistent with the Transition Plan, Provider shall make an offer of full-time employment effective immediately after the Transition Completion Date to all Commission Personnel employed by the Commission as of the Agreement Effective Date who are engaged in a function that has been identified in the Initial Annual Business Plan as being a function that Provider will provide as part of the Services from and after the Transition Completion Date.

  • Upon execution of this Agreement, the Initial Annual Business Plan shall be deemed Approved and shall be a part of this Agreement consistent with Section 22.13.

  • The material terms of each Replacement Contract that involves a Major Procurement (or series of Replacement Contracts with the same Subcontractor) shall be Approved in advance by the Commission (whether by Approval of the Initial Annual Business Plan or otherwise).

  • If the Members do not agree to update such business plans prior to the Effective Date, the form agreed to at the time of signing the Truck Business Relationship Agreement shall the Initial Annual Business Plan and the Initial Rolling Business Plan.

Related to Initial Annual Business Plan

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

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

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Additional Business Centre means any city specified as such in the relevant Final Terms.

  • 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.

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

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Business Week means five consecutive Business Days, excluding Public Holidays as defined in the Public Holidays Act;

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • 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.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “interest period,” timing and frequency of determining Three-Month Term SOFR with respect to each interest period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Calculation Agent decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably necessary).

  • Working Week means an average of 48 hours each week calculated over a 17-week reference period.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • New Services Queue Closing Date means each April 30 and October 31 shall be the Queue Closing Date for the New Services Queue comprised of Interconnection Requests, Completed Applications, and Upgrade Requests received during the six-month period ending on such date. “New York ISO” or “NYISO” shall mean the New York Independent System Operator, Inc. or any successor thereto.

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

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

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

  • Valid business purpose means one or more business purposes that alone or in combination

  • Annual Work Plan means each work plan approved by the Association under Section I.C of Schedule 2 to this Agreement for inclusion in the Project.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • 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.