Capex Accruals definition
Capex Accruals means the current portion of payables in respect of capital expenditures required to be capitalized in accordance with the Sage 500 General Ledger Coding on an individual voucher basis where the associated asset is a fixed asset or any other long-term asset in accordance with the Accounting Policies. An illustrative calculation of Capex Accruals is attached hereto as part of Schedule 1.2(g).