Variance Report definition

Variance Report shall have the meaning assigned to such term in Section 5.01(g).
Variance Report has the meaning assigned to it in Section 5.17.
Variance Report means a variance report prepared by a Responsible Officer of the Borrower, comparing the actual results against anticipated results under the applicable Budget, on a line item basis and in the same level of detail as set forth in the Initial Budget.

Examples of Variance Report in a sentence

  • The Variance Report shall be certified by an executive officer of MMT and shall be prepared by the Company Parties in good faith and fairly present, in all material respects, the information set forth therein.


More Definitions of Variance Report

Variance Report has the meaning set forth in Section 5.2(b).
Variance Report shall have the meaning assigned to such term in Section 9.17(b).
Variance Report as defined in Section 5.1(e).
Variance Report has the meaning set out in Section 1.8(c)(v).
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 report prepared by the Lead Borrower’s management reflecting on a line-item basis the Loan Partiesactual 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 shall have the meaning set forth in Section 5.1(f)(ii).