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

  • This decision does not have material budgetary implications for the 2011 Operating Expenses Budget.

  • Upon approval by the Board of the annual 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.

  • The Board shall approve the Operating Expenses Budget on an annual basis.

  • As of 1 January 2018, the pension entitlements of Participants and Former Participants to whom on the basis of the present Regulations in the period as of 1 January 2014 up to and including 31 December 2017 a Retirement Age of 67 applied, were converted collectively, and actuarially neutral to pension entitlements with a Retirement Age of 68.

  • Approves an incremental amount of US$37,166,000 to fund the FY19 Operating Expenses Budget as set out in BOD/2018/06 DOC 11 for the period July 1, 2018 – June 30, 2019 including US$2,251,000 for the third-year budget of the Monitoring & Evaluation Strategy.

  • This greatly exacerbates the vulnerability of households living within informal settlements.

  • 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.

  • 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.

  • Ms. Monique Liard presented a condensed version of the automated public presentation as this committee and the Board have already had an opportunity to preview it on two previous occasions: one to see the draft budget in early October, and then the video in November.The 2021 Operating Expenses Budget totals $82,229,691; a 2.2% decrease ($1,891,597) over last year’s budget of $84,121,288.

  • The budgetary implications of the Consolidated Transformation Plan will be part of the 2012 Operating Expenses Budget.

Related to Operating Expenses Budget

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

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