AEXP definition

AEXP means $3.4 million (which represents the cumulative total of the amount of the Initial Payment, the Subsequent Payment and the deemed value of the Units) plus all Expenditures and Joint Venture Expenditures, if any, incurred by ▇▇▇▇▇▇ prior to the delivery of the Second Option Exercise Notice.
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Examples of AEXP in a sentence

  • For greater certainty, excess Expenditures incurred during the First Option Period will not be credited towards satisfaction of the provisions of this paragraph (but will be included in calculating AEXP under Sections 5.4(b) and 6.4(b)).

Related to AEXP

  • ITB means Instructions to Bidders;

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Prime coat means the first of two or more films of coating applied to a metal surface.

  • IMRO means the Irish Music Rights Organisation CLG.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;