Example ContractsClausesDip Budget
Dip Budget
Dip Budget contract clause examples
Previous results

Once the Parties have agreed on a Work Program and Budget, Operator shall deliver the agreed Work Program and Budget to the Management Committee or the Government, as applicable, for approval in accordance with the terms of the PSC. The Parties agree to vote in favor of any Work Program and Budget delivered to the Management Committee when the Management Committee considers the agreed Work Program and Budget.

Final DIP Order) and as otherwise amended, restated, supplemented or otherwise modified from time to time;

*Final Project Budget is based on pricing of 100% Design Development Package. Changes to Budget & Schedule thereafter shall be approved via TCR process.

Annual Budget” shall mean the operating budget, including all planned Capital Expenditures, for the Property prepared by for the applicable Fiscal Year.

Recommends yearly budget for the President/COO approval and prudently manages organization’s resources within those budget guidelines according to current laws and regulations.

Work Program and Budget means a work program for Joint Operations and budget therefor as described and approved in accordance with clause 6.

Whether or not the Closing occurs, all of the expenses of Purchaser in connection with the transactions contemplated hereby shall be paid and reimbursed by Sellers pursuant to the DIP Order as fees, expenses and costs of the DIP Notes Secured Parties (as defined therein). Sellers shall bear their own costs and expenses, including attorneys’ and

The Notes are in registered form without coupons in denominations of $2,000 principal amount and whole multiples of $1,000 in excess thereof. No Holder shall assign any interest in its Initial Notes or Roll-Up Notes or New Money DIP Notes unless # it sells the same percentage of its Initial Notes, Roll-Up Notes and New Money DIP Notes and any unfunded commitments to the assignee, # such assignee, in its capacity as a Holder of Initial Notes, Roll-Up Notes and New Money DIP Notes and commitments, has provided its consent to any amendment or supplement to the Indenture, the Initial Notes, any Security Document or the Intercreditor Agreement, to permit the transactions contemplated by the Third Supplemental Indenture, the issuance of the DIP Notes and all other documents, agreements and instruments executed in connection therewith and # such Holder and assignee have completed # updated purchaser schedules in the New Money DIP Note Purchase Agreement reflecting their respective commitments after giving effect to such assignment, # a joinder to the New Money DIP Note Purchase Agreement in the form of an assignment agreement set forth on [Schedule 13.3] thereto, # an Assignment Agreement (in the form attached hereto, or in such other form and substance accepted by the Roll-Up Notes Agent in its sole discretion (the “Assignment Agreement”) has been duly executed by such assignor and

First Lien Agent does not oppose or object to such use of cash collateral or DIP Financing,

“Debtors’ Schedules” means the DIP Debtors’ schedules of assets and liabilities, as may be amended from time to time.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.