Budget implementation Clause Samples
Budget implementation. Art. 48 EPC
(1) The Executive Committee shall implement the budget and any amending or supplementary budget on its own responsibility and within the limits of the allocated appropriations.
(2) Within the budget, the Executive Committee may, in accordance with the Financial Regulations, transfer funds between the various headings or sub- headings.
Budget implementation. The costs financed by ▇▇▇ ▇▇▇▇ shall be approved on an annual basis as part of the ▇▇▇ ▇▇▇▇ budget by the ▇▇▇ ▇▇▇▇ General Assembly together with the annual activity plan. The planning and implementation of the annual budget of the ▇▇▇ Beamlines Facility financed by ▇▇▇ ▇▇▇▇ shall be carried out by the two Parties in accordance with this Agreement and with the ▇▇▇ ▇▇▇▇ Financial Rules and applicable provisions of the Internal Financial Manual. In the event that ▇▇▇ ▇▇▇▇ receives any indication at any time during the duration of this Agreement that the funding available to ▇▇▇ ▇▇▇▇ for financing the costs of operation of the ▇▇▇ Beamlines Facility for a given year shall be lower by more than 10% than the costs of operation foreseen in Table 7 for that given year, ▇▇▇ ▇▇▇▇ shall immediately inform the other Party. In such a case, both Parties shall seek a solution to mitigate the expected reduction of funding.
Budget implementation. The LFSD places the responsibility of approving and providing oversight of the KVFS budget with the Governance Council.
Budget implementation. Manager shall have the power and authority to enter into contracts on behalf of Owner and at Owner’s sole cost and expense, and to make such expenditures as are required to implement any Approved Hotel Operating Budget, without the need for further