Initial Annual Plan definition

Initial Annual Plan has the meaning set forth in Section 5.8.
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Initial Annual Plan. As defined in Section 4.2(a).
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Initial Annual Plan means the initial business plan and budget of the Company attached as Appendix D.
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Examples of Initial Annual Plan in a sentence

  • Forest shall be responsible for conducting the Development Operations, Rework Operations and Area-Wide Operations that are contemplated by, and in accordance with, the Initial Annual Plan and Budget covering the Program Area.

  • The values of such Initial Capital Contribution set forth below and in the Initial Annual Plan will be deemed to be the amount of such Member’s Initial Capital Contribution.

  • The final Annual Plan for each subsequent Fiscal Year of the Company shall be submitted for the approval of WARC not later than November 1st of the year prior to the Fiscal Year covered thereby and shall be in substantially the same form as the Initial Annual Plan and otherwise comply with each of the requirements contained in the Property Management Agreement.

  • A draft of the Annual Plan for each subsequent Fiscal Year of the Company shall be submitted for review by the Acquisition Members by no later than September 1st of the year prior to the Fiscal Year covered thereby and shall be in substantially the same form as the Initial Annual Plan and otherwise comply with each of the requirements contained in the Property Management Agreement.

  • The Members hereby adopt (i) the Initial Annual Plan in the form of Appendix D and (ii) the Finance Plan in the form of Appendix D.

  • A draft of the Annual Plan for each subsequent Fiscal Year of the Company shall be submitted for review by WARC by no later than September 1st of the year prior to the Fiscal Year covered thereby and shall be in substantially the same form as the Initial Annual Plan and otherwise comply with each of the requirements contained in the Property Management Agreement.

  • The parties agree that all costs and expenses associated with the façade repair shall be borne by the Company, subject to the inclusion of the costs of such upgrades in the Initial Annual Plan for Woodfield Commons and approval of such plan by NYSTRS in accordance with Section 6(a)(iii) hereof.

  • See Appendix D1 below.) C Initial Annual Plan and Finance Plan* D1 Partnership Agreement (Filed as Exhibit A to the Purchase and Sale Agreement.

  • The Initial Annual Plan for the Company (covering the period from the date hereof (assuming for this purpose that the closing of the purchase of the Property under the Purchase and Sale Agreement occurs on the date hereof) through December 31 2007) is for the Company to own and operate the Property for the balance of calendar year 2007 (with the revenues from the Property more than covering the associated expenses and debt service, as indicated in the attached Operating Budget and the Capital Budget).

  • The final Annual Plan for each subsequent Fiscal Year of the Company shall be submitted for the approval of the Acquisition Members not later than November 1st of the year prior to the Fiscal Year covered thereby and shall be in substantially the same form as the Initial Annual Plan and otherwise comply with each of the requirements contained in the Property Management Agreement.

Related to Initial Annual Plan

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 9.1;

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

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

  • Target Annual Bonus means, as of any date, the amount equal to the product of Executive’s Base Salary determined as of such date multiplied by the percentage of such Base Salary to which Executive would have been entitled immediately prior to such date under any Annual Bonus arrangement for the fiscal year for which the Annual Bonus is awarded if the performance goals established pursuant to such Annual Bonus were achieved at the 100% level as of the end of the fiscal year; provided, however, that if Executive’s Annual Bonus is discretionary and no 100% target level is formally established either under the Annual Bonus arrangement or otherwise, Executive’s “Target Annual Bonus” shall mean the amount equal to the 100% of Executive’s Base Salary.