Project Operating Budget definition

Project Operating Budget means the budget, including any amendments or agreed deviations thereto, outlining the anticipated costs and expenses, the required capital contributions and the general expected timelines associated with the Operational Phase of the Project, to be prepared and approved by the Board in accordance herewith;
Sample 1Sample 2Sample 3
Project Operating Budget means the budget, including amendments and agreed deviations thereto, outlining the anticipated costs and expenses, the required capital contributions and the general expected timelines associated with the Operational Phase of the Project, to be prepared by the Project Sub-Committee and approved by the Project GP Board;
Sample 1
Project Operating Budget means the annual budget for each Project owned by a Subsidiary, setting forth the estimated capital and operating expenses for such Project for the then current or immediately succeeding calendar year and for each month and each calendar quarter of said calendar year as approved by the Executive Committee. Any reference in this Agreement to an "approved Project Operating Budget" means a Project Operating Budget, as unanimously approved by the Executive Committee in accordance with Section 4.3 hereof or as part of the approved Final Presentation for such Project, as the same may be subsequently amended from time to time by the unanimous action of the Executive Committee.
Sample 1Sample 2

Examples of Project Operating Budget in a sentence

  • The Project Operating Budget shall be prepared by the Board and delivered to each Shareholder, annually not less than sixty (60) days (or such earlier period as may be required by the lenders under the Project Financing) prior to each Fiscal Year end.

  • The Project Operating Budget shall include all anticipated costs and expenses of operations including financing costs and principal and interest payments on Project loans, and shall specify sources and uses of funds including any equity capital contributions for anticipated operations deficits.

  • Expending, in any one line item category of either the Preliminary Cost Statement or the Project Operating Budget, more than the amount budgeted therefor in the Preliminary Cost Statement or the Project Operating Budget, as the case may be.

  • Project Operating Budget to be completed on Form RD 1930–7 ‘‘Multiple Family Housing Project Budget.’’ All sections of the budget are to be completed including, but not limited to, proposed and actual income and expense estimates, operating and maintenance expenses, special account statements (reserve, tax and insurance, and security deposit accounts) and capital improvement budgets.

  • The reimbursements pursuant to Section 12.8(a) to the Manager and its Affiliates, will not exceed, the amounts budgeted therefor as set forth in the Preliminary Cost Statement or the Project Operating Budget, without the prior unanimous approval of the Board.

  • Conceptual Site Plan CSP-07004-01 was approved by the Planning Board on May 20, 2010.

  • Bartholomew Golf Course (2002) $1,000,000 (1995) (2001/2002) $ 350,000 (1999) $ 29,500 (2001) $ 850,000 (2001) Operating Budget Capital Project Operating Budget Capital Project Operating Budget Capital Project Painted/Repaired shelters/Concession Building New picnic pavilion Drainage Improvements Arbor/Paved Walkways Painted/Repaired Arbor/pavilion/lamppost Renovation of Concession Building.

  • Without limiting the generality of the foregoing, Manager shall consult with the Advisory Committee on matters concerning the Project Operating Budget and operating and fuel plans, and shall seek review by the Advisory Committee of any Additional Contract which is required to be submitted to Lender for Lender's consent prior to making such submission.

  • To the extent that a third party Mortgage Loan lender is not escrowing amounts to pay taxes and insurance costs and premiums with respect to a Project, then the Project Operating Budget for such Project shall contain a line item for a tax and insurance reserve (the "Tax and Insurance Reserve").

  • Mr. Edlestein stated that the Somers Housing Authority’s budget needs to be separate from the Project Operating Budget.


More Definitions of Project Operating Budget

Project Operating Budget means the three-year operating budget for the development and sale of the Project attached as Exhibit C hereto, which is intended to serve as the initial budget for the Project.
Sample 1Sample 2
Project Operating Budget dated June 8, 2000 (preliminary draft subject to finalization).
Sample 1
Project Operating Budget which shall mean the annual budget for each Project of the Company as prepared by the Managing Member and which shall be comprised of: (A) an estimate of all receipts from and expenditures for the ownership, management, maintenance and operation of each Project for each Fiscal Year and (B) an estimate of all capital replacements, substitutions and/or additions to any Project, or any component thereof, which are to be accomplished during such Fiscal Year; and
Sample 1
Project Operating Budget shall have the meaning ascribed to such term in the Operating Agreement.
Sample 1

Related to Project Operating Budget

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

  • Project area budget means a multiyear projection of annual or cumulative

  • 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 as defined in Section 6.2(c).

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

  • 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.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Approved Budget means an annual budget-

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Business Plan means the information required to be supplied to the

  • Development Budget has the meaning set forth in Section 3.1.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Project Operational Manual means the Project Operational Manual, to be adopted in accordance with Section 6.01 (a) of this Agreement, giving details of guidelines and procedures agreed with the Association for the implementation, supervision, and monitoring and evaluation, of the Project, and the procurement procedures and guidelines for Sub-Projects, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Operational Manual;

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.