Closing Capital Expenditures definition

Closing Capital Expenditures means the aggregate amount of cash expended by the Company Group for capital expenditures during the period from January 1, 2017 through the Closing.
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Closing Capital Expenditures means the reasonable and documented capital expenditures (including any documented interest expense for the borrowings under the Credit Agreement directly related to such capital expenditures) paid by the Company and/or any Company Subsidiary for third party costs and expenses from and after March 16, 2015 through 11:59 p.m. (New York City time) on the calendar day immediately preceding the Closing Date related to (1) the Development Towers which are identified along with the project spend amounts as set forth on Schedule 8.09(a)(ii) and (2) the consideration paid to a landlord/owner of a Ground Lease underlying a Tower Asset for the buy-out or prepaid term extension of the Ground Lease paid by the Company or any Company Subsidiary after March 16, 2015.
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Closing Capital Expenditures has the meaning set forth in Section 3.05.
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Examples of Closing Capital Expenditures in a sentence

  • The Purchase Price payable on the Closing Date shall be preliminarily adjusted in accordance with Section 1.01 and the manner contemplated by this Section 2.02 as if (x) the Estimated Working Capital Amount were the actual Closing Working Capital Amount and (y) the Estimated Capital Expenditures Amount were the actual Closing Capital Expenditures Amount.

  • At least two Business Days prior to the Closing, Seller shall deliver to Purchaser a certificate (the “Closing Certificate”), which certificate shall set forth Seller’s best estimate of the Estimated Closing Indebtedness, Estimated Closing Working Capital and Estimated Closing Capital Expenditures.

  • The portion of the Purchase Price payable at the Closing pursuant to Section 2.3 hereof will be adjusted, on a dollar-for-dollar basis, (A) downward by the amount, if any, by which the Estimated Closing Capital Expenditures is less than the Capital Expenditures Target, or (B) upward by the amount, if any, by which the Estimated Closing Capital Expenditures is more than the Capital Expenditures Target.

  • If the Closing Capital Expenditures Value as set out in the Capital Expenditures Valuation Statement is higher than the Base Capital Expenditures Value, then the Purchaser shall pay to the Shares Seller an amount equal to twenty-five percent (25%) of the excess of the Closing Capital Expenditures Value over the Base Capital Expenditures Value, as an increase in the Purchase Price.

  • If no Notice of Disagreement is received by Parent on or prior to the expiration date of the Review Period, then the Closing Adjustment Statement and the Closing Capital Expenditures, Closing Working Capital, Transaction Costs and Closing TCF set forth therein shall be deemed to have been accepted by the Series A Holders and shall become final and binding upon Parent and the Series A Holders.

  • Within 60 days following the Closing Date, there shall be delivered to Seller a computation schedule, together with supporting documentation therefor, of the actual (as opposed to estimated) Closing Indebtedness, Closing Working Capital and Closing Capital Expenditures (the “Closing Statement Review”).

  • Within the seventy-five (75) day period following the Closing Date, Parent shall prepare and deliver to the Series A Holders a statement (the “Closing Adjustment Statement”) of: (i) the Closing Capital Expenditures; (ii) the Incremental Acquisition Amount; (iii) the Closing Working Capital; (iv) the Closing Indebtedness; (v) the Transaction Costs; (vi) the 2015 Bonus Amount; (vii) the Excess Severance Cost, if any; (viii) the Closing TCF; and (ix) the Closing Adjustment Amount.

  • If no Closing Adjustment Statement is received by the Series A Holders within the seventy-five (75) day period referred to herein, then the Estimated Closing Statement and the estimated amounts of the Closing Capital Expenditures, Closing Working Capital, Transaction Costs and Closing TCF set forth therein shall be deemed to have been accepted by Parent and the Series A Holders and shall become final and binding upon Parent and the Series A Holders.


More Definitions of Closing Capital Expenditures

Closing Capital Expenditures means (a) the reasonable and documented capital expenditures (including any documented interest expense for the borrowings under the Credit Agreement directly related to such capital expenditures) paid by the Company and/or any Company Subsidiary for third party costs and expenses from June 30, 2014 to the date of this Agreement related to (1) the acquisition of Tower Assets and (2) development, maintenance and repair of Development Towers (which amounts will include all costs related to any Development Towers that have been completed since June 30, 2014), in each case as set forth on Schedule 8.09(a)(i)(1) and Schedule 8.09(a)(i)(2), respectively, plus (b) the reasonable and documented capital expenditures (including any documented interest expense for the borrowings under the Credit Agreement directly related to such capital expenditures) paid by the Company and/or any Company Subsidiary for third party costs and expenses from and after the date of this Agreement through 11:59 p.m. (New York City time) on the calendar day immediately preceding the Closing Date (1) related to the Development Towers which are identified along with the project spend amounts as set forth on Schedule 8.09(a)(ii) or (2) which are incurred pursuant to Section 5.01, in each case net of any capital expenditures reimbursed by third parties, plus (c) the aggregate Reimbursed Expenses paid by the Company and/or any Company Subsidiary from and after the date of this Agreement through the Closing Date, up to a maximum of $200,000 per month for up to four months following the date of this Agreement.
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Closing Capital Expenditures shall have the meaning specified in Section 2.2(c)(i).
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Closing Capital Expenditures has the meaning provided such term in Section 2.5(a).
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Related to Closing Capital Expenditures

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Unfinanced Capital Expenditures means, with respect to any Person and for any period, Capital Expenditures made by such Person during such period and not financed from any Net Cash Proceeds or Revolving Loans.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Non-Financed Capital Expenditures means Capital Expenditures paid in cash and not financed with Indebtedness for borrowed money.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Working Capital means Current Assets less Current Liabilities.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment” or similar items reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Target Working Capital Amount means $162,000,000.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).