Operation in Accordance with Budgets Clause Samples

The "Operation in Accordance with Budgets" clause requires that a party, typically a manager or operator, conducts its activities strictly within the financial parameters set out in an agreed-upon budget. In practice, this means that expenditures, resource allocations, and operational decisions must align with the pre-approved budget, and any deviations may require additional approvals or amendments. This clause ensures financial discipline and predictability, helping to prevent overspending and disputes by clearly defining the boundaries for operational spending.
Operation in Accordance with Budgets. WDMWW shall operate, maintain, and manage the WDMWW Designated Water Supply Facilities in accordance with the budget established as provided in Section 3 of Article VI of this Contract to the extent possible, subject to such unforeseen changes and contingences as may arise in the ordinary course of business, and subject to emergences or other circumstances that require deviation from the budgets.
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Operation in Accordance with Budgets. POLK CITY shall operate, maintain, and manage the POLK CITY Designated Water Supply Facilities in accordance with the budget established as provided in Section 3 of Article VI of this Contract to the extent possible, subject to such unforeseen changes and contingences as may arise in the ordinary course of business, and subject to emergences or other circumstances that require deviation from the budgets.
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Operation in Accordance with Budgets. Subject to the terms of Section 4.3 and Section 5.5, Manager shall use commercially reasonable efforts to manage, operate and maintain the Park within the approved Budget(s) for such Fiscal Year.
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Operation in Accordance with Budgets. ▇▇▇▇▇▇ shall operate, maintain, and manage the ▇▇▇▇▇▇ Designated Water Supply Facilities in accordance with the budget established as provided in Section 3 of Article VI of this Contract to the extent possible, subject to such unforeseen changes and contingences as may arise in the ordinary course of business, and subject to emergences or other circumstances that require deviation from the budgets.
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Operation in Accordance with Budgets. Subject to the terms of Section 4.5, Manager shall use commercially reasonable efforts to operate the Properties in accordance with the existing Budget(s).
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Operation in Accordance with Budgets. DMWW shall operate, maintain, and manage the DMWW Designated Water Supply Facilities in accordance with the budget established as provided in Section 3 of Article VI of this Contract to the extent possible, subject to such unforeseen changes and contingences as may arise in the ordinary course of business, and subject to emergences or other circumstances that require deviation from the budgets.
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Related to Operation in Accordance with Budgets

  • Performance of Services in Accordance with Regulatory Requirements; Furnishing of Books and Records In performing the services set forth in this Agreement, the Manager: A. shall conform with the 1940 Act and all rules and regulations thereunder, with all other applicable federal, state and foreign laws and regulations, with any applicable procedures adopted by the Trust’s Board of Trustees, and with the provisions of the Trust’s Registration Statement filed on Form N-1A as supplemented or amended from time to time; B. will make available to the Trust, promptly upon request, any of the Fund’s books and records as are maintained under this Agreement, and will furnish to regulatory authorities having the requisite authority any such books and records and any information or reports in connection with the Manager’s services under this Agreement that may be requested in order to ascertain whether the operations of the Trust are being conducted in a manner consistent with applicable laws and regulations.

  • OFFICE OF MANAGEMENT AND BUDGET (OMB) AUDIT REQUIREMENTS The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in 2 CFR 200.

  • COMPLIANCE WITH POLICIES AND PROCEDURES During the period that Executive is employed with the Company hereunder, Executive shall adhere to the policies and standards of professionalism set forth in the Company’s Policies and Procedures as they may exist from time to time.

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Compliance with Record Keeping Requirements Participating Dealer agrees to comply with the record keeping requirements of the Exchange Act, including but not limited to, Rules 17a-3 and 17a-4 promulgated under the Exchange Act. Participating Dealer further agrees to keep such records with respect to each customer who purchases Primary Shares, his suitability and the amount of Primary Shares sold, and to retain such records for such period of time as may be required by the Commission, any state securities commission, FINRA or the Company.