Transition Budget definition

Transition Budget means a budget, substantially in the form of Exhibit E containing the line item expenses of Seller’s bankruptcy estate appropriate to operate and maintain the assets of Seller and the Wafer Business and to conduct the Bankruptcy Case from the Execution Date through the Closing Date in accordance with the terms of the Support Agreement.
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Transition Budget means the budget reflecting anticipated Transition Costs attached hereto as Exhibit D.
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Transition Budget. The term “Transition Budget” shall have the meaning set forth in Section 6.1.2.1 of the Agreement.
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Examples of Transition Budget in a sentence

  • In an interview in Ukrayinska Pravda on January 12, Prosecutor General Oleksandr Medvedko stated that an investigation into the 1999 death of prominent nationalist and Ukrainian People's Movement leader Vyacheslav Chornovil was continuing.

  • The Transition Budget shall be calculated on a time and materials basis, using (a) the FTE rates outlined in the TSA for the employee(s) rendering services covered by the TSA, and (b) out-of-pocket expenses charged as incurred, without xxxx-up or overhead.

  • The Department anticipates funding awarded applicants not currently providing services in a county for a total of no more than the amount per county listed in the Transition Budget column in Attachment VII, WIC Data Table, for the transition duration.

  • Owner expressly agrees to reimburse Operator for fifty percent (50%) of the expenses incurred in connection with the transition activities during such period, which are not to exceed the amounts set forth in the Transition Budget unless otherwise approved by Owner, whether incurred prior to or following the Commencement Date.

  • Amgen shall pay to GSK a non-refundable, non-creditable payment of USD 15,000,000 (fifteen million) (the “Services Payment”) within five (5) Business Days following the Effective Date, in full and complete consideration for all of the Transition activities performed by GSK hereunder, as set forth in the Transition Budget.

  • These spreadsheets were prepared using Microsoft Excel and include four (4) individual tabbed spreadsheets: Operating Detail Budget, Transition Budget, Schedule of Positions, and Equipment Costs.

  • Transition Budget – Through the project funds made available via the overall replacement project budget, the Mayor’s Budget office was able to fund $10 million of the $15.5 million requested for the Transition Budget.

  • If every employee is terminated as a result of the Transactions (for example, Purchaser or the third party purchaser of the Core Assets does not offer comparable employment terms to any current employee of Seller), Seller would pay a total of an additional $1.9 million in additional severance and the Transition Budget will be increased by this amount.

  • In addition, within five (5) days after the Effective Date, Owner shall pay Manager an initial allotment of the overall Transition Costs in accordance with the approved Transition Budget in the amount of $100,000.

  • For example, in a block sample, a $50 invoice may be considered relatively immaterial.


More Definitions of Transition Budget

Transition Budget has the meaning set forth in Section 3.4.
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Transition Budget. The operating budget for the Seller immediately after Closing attached hereto as Schedule 1.6. ------------
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Transition Budget means the overall budget of Transition Costs for conducting all activities under the Transition Plan, as prepared by Xxxxx, with input from Partner, approved by the JSC, and as will be updated from time to time through the JSC. The Transition Budget shall include [***].
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Transition Budget means the budget reflecting anticipated Transition Costs attached hereto as Exhibit F, currently anticipated to be $30,000, with additional Transition Costs in excess of such amount to be subject to the prior written approval of Owner, not to be unreasonably withheld.
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Transition Budget shall have the meaning specified in Section 5.14.
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Transition Budget means the expense budget of the Business set forth on Schedule 5.14;
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Related to Transition Budget

  • 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.

  • 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.

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

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

  • 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.

  • Approved Budget means an annual budget-

  • 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.

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

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

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • Basic generation service transition costs means the amount by

  • 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

  • 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.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Research Budget has the meaning set forth in Section 2.2.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • 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.

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

  • 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:

  • Development Schedule shall have the meaning set forth in Section 1.1.

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

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and 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.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • 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.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;