Opening Budget definition

Opening Budget means the budget for the start-up of the Company's operations, which is attached hereto as Exhibit B and incorporated herein.
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Examples of Opening Budget in a sentence

  • For example, a Pre- Opening Budget may consist of a request to engage a specific professional such as an architect or designer at a specific price or rate of compensation, may be a request to hire a specific individual or unidentified individuals at specific rates of compensation, or may be in the nature of line items of a general nature such as travel, secretarial services, equipment, landscape, architects, etc.

  • Manager shall only incur such expenses and perform such services under this Section 1 as shall be provided for in a Pre- Opening Budget approved by the Partnership.

  • FCMI shall prepare proposed budgets for the pre-opening ("Pre-Opening Budget") and for the Grand Opening ("Grand Opening Budget") for Owner's review and approval based upon a detailed breakdown of FCMI's personal rates and costs to be charged to Owner by FCMI.

  • To implement such pre-opening program, manager shall prepare a comprehensive pre-opening Phase I budget which shall be submitted to the Management Business Board for its approval within sixty (60) days after the Effective Date ("Pre- Opening Budget").

  • Notwithstanding the foregoing, Operator shall not provide project development services for Owner at a cost in the aggregate to Owner in excess of the Pre- Opening Budget described in Section 4.10(a)(i).

  • In accordance with the Management Plan and the approved Opening Budget, the Manager will make arrangements for water, electricity, gas, sewage and trash disposal, pest control, lawn and pool maintenance, security, laundry facilities theatre operation and maintenance, beauty/b▇▇▇▇▇ shop operation and maintenance, and food and beverage services for the dining room providing three meals per day (breakfast, lunch and dinner) and similar services commensurate with the Facility Standard.

  • Pre Opening Budget The first step in this process will be to create a pre-opening budget for client approval.

  • Owner shall deposit such sums to fund the Pre- Opening Expenses in accordance with the schedules as shall be established by the parties in the Pre-Opening Plan and Pre- Opening Budget and Owner shall maintain sufficient funds therein to timely provide for any and all Pre-Opening Expenses.

Related to Opening Budget

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

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

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • 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.