Subsequent Business Plan definition

Subsequent Business Plan means a strategic business plan for the Group for a period of ** which, once approved, replaces the Initial Business Plan or the previous Subsequent Business Plan (as applicable) in all respects;
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Subsequent Business Plan means a business ------------------------ proposal submitted by Management to the Board setting forth proposed business activities of the Company during a specified period of time, projections of income from such business activities, the capital contributions Management deems necessary to support such business activities during such time, and a budget of expected expenditures of such capital, where such proposal has been approved by a majority of the Board and the holders of at least 67% of the Institutional Investor Stock then outstanding. "Management" means the Executive Investors (so ---------- long as such individuals are employed by the Company) together with such other employees of the Company or its Subsidiaries as may be designated by the Executive Investors and approved by the Board.
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Subsequent Business Plan has the meaning set forth in paragraph 3A. ------------------------ -A5-
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Examples of Subsequent Business Plan in a sentence

  • It is a requirement of the Shareholder’s Agreement that the Company will supply the Shareholder with a report setting out the progress of the Company in relation to the objectives and/or milestones set out in the Business Plan and/or the Subsequent Business Plan.

  • The Initial Business Plan and each Subsequent Business Plan and Annual Budget shall be updated, revised and adopted on an annual basis in accordance with Clause6.3.

  • Subsequent Business Plan work includes comparing actual expenditure during the planned period with original Business plan.


More Definitions of Subsequent Business Plan

Subsequent Business Plan shall have the meaning ascribed thereto in Section 4.1(b).
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Subsequent Business Plan means a strategic business plan for the Group for a period of [***] which, once approved, replaces the Initial Business Plan or the previous Subsequent Business Plan (as applicable) in all respects;
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Related to Subsequent Business Plan

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

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

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

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

  • 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.

  • 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.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Development Plans has the meaning set forth in Section 3.2.

  • Common promotional plan means a plan, undertaken by a person

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • 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.

  • New Services Queue Closing Date means each April 30 and October 31 shall be the Queue Closing Date for the New Services Queue comprised of Interconnection Requests, Completed Applications, and Upgrade Requests received during the six-month period ending on such date. New York ISO or NYISO: “New York ISO” or “NYISO” shall mean the New York Independent System Operator, Inc. or any successor thereto.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Research Budget has the meaning set forth in Section 3.2.

  • City-based business means a person who (i) conducts meaningful day-to-day business operations at a facility located within the city and reports such facility to the Internal Revenue Service as a place of employment for the majority of its regular, full-time workforce; (ii) holds any appropriate city license; and (iii) is subject to applicable city taxes.

  • Parenting plan means a plan referred to in section 119;

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).

  • Company SEC Reports shall have the meaning set forth in Section 3.8(a).

  • Current placement episode means the period of time that