Examples of CapEx Commitment in a sentence
Any reduction or termination of the CapEx Commitments pursuant to this Section 2.1(c)(ii)(B) shall be applied ratably to each Lender’s CapEx Commitment and shall be permanent, with no obligation of the Lenders to reinstate such CapEx Commitments, and the applicable Commitment Fees shall thereafter be computed on the basis of the CapEx Commitments, as so reduced.
An accurate picture of the population, with very good coverage and location information, is indispensable for any more detailed annual population estimates, sample surveys, and regional analysis.
Furthermore, on the CapEx Commitment Termination Date, each Lender’s CapEx Commitment shall be reduced to zero.
The Borrower shall pay to the Administrative Agent for the ratable benefit of each CapEx Lender the aggregate outstanding principal amount of the CapEx Advances in quarterly installments each equal to five percent (5%) of the aggregate CapEx Advances outstanding on the CapEx Commitment Termination Date (after giving effect the CapEx Advances, if any, made on the CapEx Commitment Termination Date).
Anniversary Date CapEx Commitment: the amount set forth below opposite each anniversary of the Closing Date specified: Anniversary of Closing Date Anniversary Date CapEx Commitment First $80,000,000 Second $160,000,000 Third $240,000,000 Fourth $320,000,000 Fifth $500,000,000 Articles: articles of the Agreement.
Notably, approximately 75% of the Initial CapEx Commitment was projected to be expended in the first two years, with near-term commitments to Bally’s AC and Caesars AC.As part of the Initial CapEx Commitment, CFO Yunker expressed his willingness to address the reporting and tracking of these capital commitments.
To achieve Heathrow’s first objective the Senior Case Officer gathered information from Heathrow, including a data flow map for the APJ project, and analysed it to determine which parties should be considered a controller, joint controller or processor with regard to the processing activity associated with the APJ.
First, the entire Updated CapEx Commitment would be prefunded under a trust agreement in an escrow account under the control of an independent trustee.
To the extent that the cost of the capital expenditures is less than the CapEx Commitment, such remaining funds shall be used as working capital to fund the operations of the commercial cannabis business for the Property.
The Borrower shall pay to the Administrative Agent for the ratable benefit of each CapEx Lender the aggregate outstanding principal amount of the CapEx Advances in quarterly installments each equal to 6.25% of the aggregate CapEx Advances outstanding on the CapEx Commitment Termination Date.