Examples of Approved Capital Expenses in a sentence
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.
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.
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 Borrowers and the payee on such Approved Capital Expenses.
Any such disbursement of more than $100,000 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.