Capex Plan definition
Examples of Capex Plan in a sentence
Landlord agrees, for the avoidance of doubt, that no Annual Capex Plan shall be required for the remainder of the 2020 calendar year and acknowledges that Tenant has submitted to Landlord the Annual Capex Plan for the 2021 calendar year.
The Borrower shall have made arrangements satisfactory to the Lenders for delivery of a Capex Plan and the Borrower shall have further delivered such other financial and other information in respect of the Borrower and its assets as requested by the Lenders.
Seller Parent shall meet with Purchaser from time to time as Purchaser may reasonably request, upon reasonable advance notice and during regular business hours, to provide Purchaser with such information as Purchaser may reasonably request, with respect to the status of the Capex Plan.
Implementation and timing of the works described in the Capex Plan shall be carried out in accordance with the Operating Standards based upon the asset management programs to be developed in accordance with the Operating Standards.
The Parent and the Owners acknowledge and agree that the Services and the obligations of the Manager shall include preparing timely submissions, applications and other documentation necessary for obtaining and maintaining all Relevant Consents required from time to time for the commercial, administrative, operation, maintenance and capital expenditure activities of the Facilities in accordance with the Business Plan and capital expenditure in accordance with the Growth Capex Plan.