“New Money DIP Agent” has the meaning set forth in the recitals.
“DIP Financing” shall have the meaning set forth in Section 7.2(a) hereof.
“Budget Act” means Title XI of the Bipartisan Budget Act of 2015, H.R. 1314, Public Law Number 114-74.
Project Budget, and Lessee has requested that the Project Budget be updated to reflect, among other adjustments, such reallocations;
“Final DIP Order” means the Final Order # Authorizing Debtors to Obtain Postpetition Financing Pursuant to Section 364 of the Bankruptcy Code, # Authorizing the Use of Cash Collateral Pursuant to Section 363 of the Bankruptcy Code, # Granting Adequate Protection to the Prepetition Secured Parties Pursuant to Sections 361, 362, 363 and 364 of the Bankruptcy Code, # Granting Liens and Superpriority Claims and # Modifying the Automatic Stay [Docket No. 348], as amended or otherwise modified from time to time with the written consent of the Required DIP Noteholders (as defined in the DIP Order).
Other than Permitted Budget Re-allocations, subject to the prior approval of [[Lender:Organization]], which shall not be unreasonably withheld, conditioned or delayed, the [[Borrower:Organization]] may revise the Project Budget from time to time to move Building Loan Contingency (Hard Costs) to other Hard Costs Budget Lines, and/or to move Building Loan Contingency (Soft Costs) to other Soft Costs Budget Lines. Any Permitted Budget Re-allocations shall not require the prior approval of [[Lender:Organization]], but [[Borrower:Organization]] shall provide prompt written notice of same to [[Lender:Organization]].
approve or amend the Annual Budget, or any other material capital or operating budget of the Company or any of its Subsidiaries;
Section # Initial Annual Budget and Business Plan. The EnTrust Contributor and the Permal Contributor hereby mutually agree that the Initial Annual Budget and Business Plan will be the Annual Budget and Business Plan for the Company for the fiscal period commencing on the Closing and ending on March 31, 2017.
budget achievement;
Section # Budget
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