Property Expenditures definition

Property Expenditures means all expenditures for the direct benefit of the Property and the Area of Interest including geophysical, geochemical and geological surveys, studies and mapping, investigating, drilling, searching for, digging, sampling, travel to and from the property, and in doing all other work usually considered to be prospecting, exploration, development, preliminary economic studies, feasibility studies, scoping studies, designing and planning of future mining activities, shaft sinking, raising, cross-cutting and drifting for exploration purposes, and all reclamation, restoration and permitting activities involved with the Property.
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Examples of Property Expenditures in a sentence

  • Capitalized Property Expenditures for the twelve months ended December 31, 2005 and plans for the Gualcamayo project: In the year ended December 31, 2005, a total $10,023,868 (2004 - $3,551,466 including a $42,962 purchase of additional land) was capitalized as property expenditures, substantially all to the Gualcamayo gold property.

  • Capitalized Property Expenditures for the twelve months ended December 31, 2004 and plans for the Gualcamayo project: In the twelve months ended December 31, 2004, a total $3,551,466 was capitalized to the Gualcamayo gold property, including $3,508,504 in exploration expenditures and $42,962 for a land purchase.

  • Capitalized Property Expenditures for the twelve months ended December 31, 2004 and plans for the Gualcamayo project: In the twelve months ended December 31, 2004, a total of $3,551,466 was capitalized to the Gualcamayo gold property, including $3,508,504 in exploration expenditures and $42,962 for a land purchase.

  • Twelve months ended December 31, 2006 ($) Five months ended December 31, 2005 ($) Management Fees - 150,737 Mineral Property Expenditures and Production Costs 26,429,650 4,831,617 Professional Fees - - Total 26,429,650 4,982,354 Management believes that related party transactions for management, professional fees and mineral property exploration are recorded at fair market value.

  • Details of the Company’s Deferred Resource Property Expenditures during the three-month period ended June 30, 2006 are included in Schedule “A”.

  • Capitalized Property Expenditures for the three months ended December 31, 2005: In the three months ended December 31, 2005, a total $3,962,184 was capitalized to property expenditures, substantially all to the Gualcamayo property as compared to a total $443,981 capitalized to property expenditures in the three months ended December 31, 2004, substantially all to the Gualcamayo property.

  • All remaining Property Expenditures required to be made by Star Gold, as set forth in the 2018 Amendment, shall be deemed to have been made in exchange for and upon Great Basin receiving the consideration set forth in paragraph 2.1.4 below.

  • Capitalized Property Expenditures for the twelve months ended December 31, 2005 and plans for the Gualcamayo project: In the year ended December 31, 2005, a total of $10,023,868 (2004 - $3,551,466 including a $42,962 purchase of additional land) was capitalized as property expenditures, substantially all to the Gualcamayo gold property.

  • Mineral Property Expenditures During the three months ended March 31, 2007 (“Q1 2007”) the Company incurred mineral property costs, excluding exploration accounts payable of $238,720 (Q1 2006: $2,523) of $1,843,860 compared to $509,079 for the three months ended March 31, 2006 (“Q1 2006”).

  • Details of the Company’s Deferred Resource Property Expenditures during the three and nine-month periods ended December 31, 2006 are included in Schedules “A” and “B” respectively.

Related to Property Expenditures

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property or Property which secures Other Recourse Debt that are the responsibility of the Borrower or the applicable Material Subsidiary that are not paid directly by any Tenant, but excluding depreciation, amortization, interest costs and maintenance capital expenditures.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • 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.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Emergency Expenditure means any of the Eligible Expenditures set forth in the CERC Operations Manual in accordance with the provisions of Section I.G of Schedule 2 to this Agreement and required for the activities included in the CERC Part of the Project.

  • 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.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

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

  • 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).

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor. This definition does not apply to expenditures by the department of transportation for road and bridge construction projects which receive federal funds under section 112(b) of title 23 of the United States Code, 23 U.S.C. 112, 23 C.F.R. 635.104(a), and other applicable federal law until federal law recognizes small businesses owned by persons with disabilities.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Exploration Expenditures means the sum of:

  • Capital Expenditure means expenditure on:

  • 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.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • 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.

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

  • 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.

  • Third Party Expenses has the meaning ascribed to it in Section 5.5.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.