Adopted Program and Budget definition

Adopted Program and Budget means each Program and Budget that is adopted or deemed adopted by the Board pursuant to Section 10.4.
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Adopted Program and Budget means any Program and its corresponding Budget adopted or approved by the Management Committee according to the procedure described in Articles 8.3 and 8.4.
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Adopted Program and Budget means any Program and Budget that is adopted by the Board pursuant to this Agreement;
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Examples of Adopted Program and Budget in a sentence

  • REA(AS)= The Equity Account balance for all Shareholders immediately prior to the Diluting Date, as adjusted for anticipated debits and credits to all Shareholder’s Equity Account balances based on the Adopted Program and Budget and all Shareholder’s elections as to contributions.

  • If at such meeting the Board adopts the proposed Program and Budget or some modification thereof, the Program and Budget thus adopted shall be the Adopted Program and Budget for the ensuing Budget Period.

  • REA(S) = The Diluting Shareholder’s Equity Account balance immediately prior to the Diluting Date, as adjusted for anticipated debits and credits to the Diluting Shareholder’s Equity Account balance based on the Adopted Program and Budget and the Diluting Shareholder’s election as to contributions.

  • If a Shareholder fails to so notify the General Manager of its election with respect to such an Adopted Program and Budget within such 30 day period, the Shareholder shall be deemed to have elected to contribute to such Adopted Program and Budget in proportion to its respective Ownership Interest as of the beginning of the period covered by the Adopted Program and Budget.

  • The acquisition of any interest or right to acquire any interest in mineral claims, permits, concessions, leases, licences, patents or other forms of mineral tenure or water or other property rights within or partially within the Area of Interest may only be undertaken by the Company and/or OpCo and only pursuant to an Adopted Program and Budget and any such rights or interests shall, except as otherwise provided, be added to and included in the Properties for all purposes of this Agreement.

  • After the Sole Funding Period, the General Manager shall promptly notify the Board of any actual or anticipated material departure from an Adopted Program and Budget.

  • At any time, the General Manager, after consultation with the Chairman of the Board, may propose the amendment of an Adopted Program and Budget, in which event the procedures of Section 10.4 shall apply.

  • If the Participants have failed to agree on an Amendment within 45 days after its proposal by the Manager, then the Participants shall continue Operations under the currently Adopted Program and Budget.

  • The relinquishment of the defaulting Participant's Participating Interest shall be effective as of the date on which the Manager, pursuant to Section 10.2, first submitted the billing for each Participant's contribution or cash call required by an Adopted Program and Budget, for which the defaulting Participant failed to make payment.

  • The Manager may propose amendments ("Amendments") to the currently Adopted Program and Budget from time to time prior to incurring costs under such Amendment.


More Definitions of Adopted Program and Budget

Adopted Program and Budget means a Program and Budget adopted by the Management Board pursuant to Section 10.4, approved by the Members pursuant to Section 10.5(a), or determined by arbitration pursuant to Section 10.5(b) and Article 18, and includes the Mine Construction Program and Budget, the Plant Construction Program and Budget and the initial Exploration Program and Budget referred to in Section 10.1(b). An Adopted Program and Budget may include both Investment Costs and Operational Costs.
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Related to Adopted Program and Budget

  • Annual Work Plan and Budget means each annual work plan and budget (including related cash forecasts) for the implementation of the Project approved by the Association, referred to in Section I.D of Schedule 2 to this Agreement; and “Annual Work Plans and Budgets” means, collectively, all such plans and budgets.

  • Development Plan has the meaning set forth in Section 3.2.

  • Research Budget has the meaning set forth in Section 3.2.

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

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