Supplemental Budget means a budget or amendment thereto sub- mitted to the Commission for approval subsequent to Commission approval of the budget for the budget year, when:
Supplemental Budget is defined in Section 6.07(a);
Supplemental Budget means an updated, supplemental or replacement 13-week budget of sources and uses of cash delivered in accordance with A.6.2 of this Agreement, or otherwise, that has been approved by the Lender.
Examples of Supplemental Budget in a sentence
The Board must give the Owner a copy of the Budget, Supplemental Budget and the Association’s financial statements.
Once a Supplemental Budget is established, the Property Manager will assess each Owner a Special Charge.
A Supplemental Budget may be established as many times each year as is needed.
More Definitions of Supplemental Budget
Supplemental Budget means each supplemental or replacement budget to the Initial Budget, in each case in form and substance satisfactory to the Requisite Lenders in their sole discretion, and in each case delivered in accordance with Section 5.1(q) (covering any time period covered by a prior budget or covering additional time periods).
Supplemental Budget means, in respect of the Initial Budget, supplemental or replacement budgets delivered to and approved by Payee in accordance with Section 6(g) (covering any time period covered by a prior budget or covering additional time periods).
Supplemental Budget means a budget through which minor changes are made in respect of receipts or payments for which either no provision is available or the provision available is inadequate in the current year’s budget.
Supplemental Budget. The budget setting forth the proposed expenditure of money raised by the school from donations, fundraising activities, and collection of fees, and expressly excluding any money provided to the Corporation or Horizons by the District.
Supplemental Budget shall have the meaning assigned to such term in the definition of Budget.
Supplemental Budget means a budget in form and substance satisfactory to Lender that (i) sets forth, among other things, Borrower’s forecasted sales, collections and expenses, (ii) demonstrates Borrower’s ability to comply with all financial covenants set forth in Section 9.3 of this Agreement or as contained in any of the DIP Financing Documents, and (iii) reflects that Borrower will at all times have positive Availability under the DIP Facility. Supplemental Budgets must be submitted by Borrower to Lender within 15 days prior to the last date shown on the First Supplemental Budget and thereafter on each then effective Budget. Supporting Obligation - shall have the meaning ascribed to the term “supporting obligation” in the UCC. Taxes - any present or future taxes, levies, imposts, duties, fees, assessments, deductions, withholdings or other charges of whatever nature, including income, receipts, excise, property, sales, use, transfer, license, payroll, withholding, social security and franchise taxes now or hereafter imposed or levied by the United States, or any state, local or foreign government or by any department, agency or other political subdivision or taxing authority thereof or therein and all interest, penalties, additions to tax and similar liabilities with respect thereto, but excluding, in the case of Lender, taxes imposed on or measured by the net income or overall gross receipts of Lender. UCC - the Uniform Commercial Code (or any successor statute) as adopted and in force in the State of Florida from time to time or, when the laws of any other state govern the method or manner of the creation or perfection of any security interest in any of the Collateral, the Uniform Commercial Code (or any successor statute) of such state. Value - with reference to the value of Inventory, value determined on the basis of the lower of cost or market of such Inventory, with the cost thereof calculated on a first-in, first-out basis.