Operating Expenses Budget definition

Operating Expenses Budget means the budget resources associated with delivery of the Chair and Secretariat’s roles and responsibilities, as approved by the Board.
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Operating Expenses Budget means the budget resources associated with delivery of the Chair and Secretariat’s roles as set out in the Charter;
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Operating Expenses Budget has the meaning assigned to that term in subsection 5.20.
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Examples of Operating Expenses Budget in a sentence

  • In connection with Tenant’s review of the Operating Expenses Budget as well as the resolution of any objections thereto, Landlord agrees to make available to Tenant all information (including reasonable access to the personnel who prepared such information) reasonably necessary or appropriate to assist Tenant in evaluating the Operating Expenses Budget and the items included therein.

  • Notwithstanding the foregoing, it shall be unreasonable for Tenant to withhold its approval of any proposed Operating Expenses Budget unless Tenant is able to demonstrate and reasonably justify an alternative budget that will result in fifteen (15%) or more in annual savings as compared to the proposed Operating Expenses Budget.

  • Each Operating Expenses Budget shall be subject to Tenant’s approval, such approval not to be unreasonably withheld, conditioned or delayed.

  • Subsidiary Net Sales: A Subsidiary Intercompany Cost of Goods Sold: B Subsidiary Operating Expenses (Budget): C (A-B-C)/A = X, Where X shall be a value within the arm’s length interquartile range of operating margins as determined annually in the transfer pricing study.

  • SCHEDULE 2 Exhibit A PRODUCT PRICES Subsidiary Net Sales: A Subsidiary Intercompany Cost of Goods Sold: B Subsidiary Operating Expenses (Budget): C (A-B-C)/A = X, Where X shall be a value within the arm’s length interquartile range of operating margins as determined annually in the transfer pricing study.

  • The Operator shall submit the Operating Expenses Budget, identifying the requirements of the Joint Operation, and shall detail the expense items set forth in the classification indicated in Clause 14 (number 14.1.2) of this Agreement.

  • For each succeeding month throughout the term of the Lease, the Trustee shall release to ABPC for deposit into its Garage Operating Expenses Account from the Garage Gross Receipts, on the fifteenth of each month, an amount equal to one month of the current approved annual Garage Operating Expenses Budget.

  • LESSEE acknowledges that the Estimated Operating Expenses Budget for the first Lease Year is annexed to this Addendum as EXHIBIT "1 " and such budget (a) is an estimate that is being provided only to illustrate the projected amounts and categories of expense and that actual results may be different than the estimates; and (b) it is aware that amounts and categories of expense may vary in future years as the Premises ages.

  • Upon approval by the Board of the Operating Expenses Budget, the Trustee shall, subject to the availability of applicable funds held in the Trust Fund, as determined by the Trustee, transfer to the Secretariat the respective amount of compensation approved for the Operating Expenses Budget, each of which shall be subject to an end of year adjustment based on actual costs incurred.

  • Commitments and transfers of Trust Fund funds by the Trustee for the Trustee Costs and the Operating Expenses Budget will be applied against the GPE Fund general account and the GPE West Bank and Gaza Program Sub-Account on a pro rata basis calculated based on the cash balance of funds in each account.