Variance Report definition

Variance Report shall have the meaning assigned to such term in Section 5.01(g).

Variance Report shall have the meaning assigned to such term in Section 7.1.15.

Variance Report has the meaning specified in Section 5.03(g).

Examples of Variance Report in a sentence

• Budget Variance Report showing the actual expenses versus the budget for the current period and year-to-date.

• The following terms used herein, including in the preamble, recitals, exhibits and schedules hereto, shall have the following meanings: "2-Week Variance Report" as defined in Section 5.01(e).

• Presentations5 The Authorized Purchaser and the QMS Consultant should use as a guide for this Deliverable the QA Status and Improvements Report template, Project Assessment Report template, and the Project Budget and Schedule Variance Report template.

• Commencing with the Test Date, for each Testing Period, the Borrower shall not permit the actual Specified Disbursements reflected in the Variance Report for such Variance Period to exceed 110% of the cumulative Specified Disbursements forecasted for such Variance Period in the Budget.

• Commencing with the Test Date, for each Testing Period, the Borrower shall not permit the actual Cash Disbursements reflected in the Variance Report for such Variance Period to exceed 110% (or, solely for purposes of the first Variance Period, 120%) of the cumulative Cash Disbursements forecasted for such Variance Period in the Budget.

More Definitions of Variance Report

Variance Report has the meaning set forth in Section 5.3(c).

Variance Report as defined in Section 5.1(e).

Variance Report means a report prepared by the Lead Borrower’s management reflecting on a line-item basis the Loan Parties’ actual performance compared to the Approved Budget for the immediately preceding four week period and on a cumulative basis for the period after the Petition Date and the percentage variance of the Loan Parties’ actual results from those reflected in the then existing Approved Budget, along with management’s explanation of such variance.

Variance Report has the meaning specified therefor in Section 7.01(a)(xix).

Variance Report means a report submitted to ACC by the Supplier when variation occurs detailing; the specific outcome and steps/strategies where progress is not being made, reasons for the lack of progress or variance, actions being taken or to be taken to resolve the variance, and implications of the variance.

Variance Report means a weekly variance report prepared by an Authorized Officer of the Borrower, comparing for each applicable Variance Testing Period the aggregate actual operating disbursement against the Approved Budget, in form and detail reasonably satisfactory to the Requisite Lenders.

Variance Report has the meaning specified therefor in Section 7.01(a)(x).