Examples of Capital Expenses in a sentence
Capital Expenses: expenses that are capital in nature or required under GAAP to be capitalized.
Any such disbursement of more than $10,000 to pay (rather than reimburse) Approved Capital Expenses may, at Lender’s option, be made by joint check payable to Borrower and the payee on such Approved Capital Expenses.
The amount of Capital Expenses incurred by Landlord, as well as Tenant’s Share of such Capital Expenses, shall be set forth on each Statement and each Estimate Statement delivered by Landlord Tenant and Tenant shall pay Tenant’s Share of such Capital Expenses at the same time and in the same manner as Tenant shall pay Tenant’s Share of Building Direct Expenses.
Borrower shall pay to Lender on each Payment Date an amount sufficient to pay anticipated Approved Capital Expenses.
Funds held in the Capital Reserve Fund may be used for Approved Capital Expenses.