Pro Forma Budget definition

Pro Forma Budget means that certain pro forma budget attached hereto as Schedule 3 prepared by the Aladdin Parties identifying the costs to be incurred by the Aladdin Parties for the Site Work.
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Pro Forma Budget shall have the meaning set forth in Section 5.1(d).
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Pro Forma Budget the pro forma annual budget of the Borrower and its Subsidiaries dated January 21, 1998 provided to the Lenders for the period ending August 31, 1998 is based upon reasonable estimates and assumptions, all of which are fair in light of current conditions, have been prepared on the basis of the such implied assumptions and reflect the reasonable estimate of the Borrower of the results of operations and other information projected therein;
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Examples of Pro Forma Budget in a sentence

  • There are no tenant improvement projects, development and redevelopment projects or acquisition and construction projects currently in process at any MART Properties the cost of which is (i) not included in the MART 2003 budget (the "Budget") attached as Exhibit B hereto or the pro forma of the Development and Redevelopment Projects (the "Pro Forma Budget") attached as Exhibit C hereto or (ii) in excess of $50,000 in any case or in excess of $150,000 in the aggregate.

  • Each applicable Ownership Entity (or the Owner, as applicable) shall be responsible for and shall pay for all applicable Development Costs associated with such Property as set forth in the applicable Pro Forma Budget (as revised to constitute the actual, final budget for such Property), as the same may be modified from time to time in accordance with this Agreement and/or the applicable Joint Venture Agreement.

  • Each Advance under the Facility Tranche shall be comprised solely of Asset Costs of the types and categories of costs and shall be subject to the limitations on amounts for each such type and category as set forth in the applicable Facility Budget or, with respect to an Advance for Excepted Costs, the portion of the Pro Forma Budget relating to the Proposed Site, for which an Advance is requested.

  • If Authority disapproves the Pro Forma Budget, it shall set forth its reasons with reasonable specificity.

  • BPLP and the Owner shall attempt, in good faith, to provide amounts of each line item contained in the Pro Forma Budget which reflect market based expectations for anticipated costs, expenses and revenues from and in connection with such development and construction.

  • If Authority fails to indicate either its approval or disapproval of the Pro Forma Budget within such period, then Authority shall be deemed to have approved the Pro Forma Budget as submitted by Developer.

  • Lessee shall have paid, or to the extent provided in the applicable Equipment Budget, Facility Budget or Pro Forma Budget, made arrangements to pay by or from such Advance, all applicable Transaction Costs then due and payable.

  • Seller's 1997 Pro Forma Budget" shall mean the 1997 pro forma budget of Seller attached as Exhibit 1.30.

  • Developer shall also submit to City on request additional detail, information and assumptions used in the preparation of the Pro Forma Budget.

  • Developer shall also submit to Authority on request additional detail, information and assumptions used in the preparation of the Pro Forma Budget.


More Definitions of Pro Forma Budget

Pro Forma Budget means, in respect of any Project, the pro-forma budget prepared in respect of a plan by the Developer, on the advice and recommendation of the Construction Manager for the build-out of such Project, which includes, without limitation, the projected Construction Costs of such plan.
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Pro Forma Budget means the Pro Forma Budget in the form of Exhibit S to the Participation Agreement.
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