CapEx Target definition

CapEx Target means the amount of capital expenditures that the Company and its Subsidiaries propose to have made and recognized by the Closing, in accordance with the schedule set forth in the CapEx Budget.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

CapEx Target means the amount of R$73,900,000.00 per month, established in accordance with the CAPEX Plan. The CAPEX Target shall be calculated considering the cumulative amount from January 1, 2020, to the Closing Date, as shown in Exhibit 3.7. For the purposes of clarification, if the Closing occurs on October 31, 2021, the CAPEX Target shall be twenty-two (22) months, multiplied by R$73,900,000.00.

CapEx Target means the product of (a) $263,000, multiplied by (b) that number of calendar days between and including January 1, 2015 and the day immediately preceding the Closing Date.

Examples of CapEx Target in a sentence

Within [***], Bacthera will propose, for review by the JSC, an updated CapEx Target to reflect any increases or decreases in the capital expenses associated with the Project.
The CapEx Target as adjusted pursuant to this paragraph is the “Final CapEx Amount”.
In particular, the JSC shall provide program oversight and facilitate and review the Design and Construction Work (including amendments to the Approved Specifications or any changes to CapEx Target for the Facility), Manufacturing operations hereunder and key personnel changes.
If the amount of the Capital Expenditures exceeds the CapEx Target Amount, Buyer shall cause the Company to pay to AWS, as an adjustment of the Cash Amount, an amount equal to such excess.
The Adjusted CapEx Target shall not exceed [***] including the Change Order.
In no event will the CapEx Target be adjusted other than for capital expenses incurred solely in connection with the Facility.
The Charges for the Work shall be equal to the CapEx Target, as it may be adjusted under Section 10.2 or Section 12.
The Parties agree that following the adjustments to the CapEx Target and the Change Order, the Final CapEx Amount shall not exceed [***](2).

More Definitions of CapEx Target

CapEx Target means the sum of (1) $5,175,000 plus (2) $8,300 per day during the period between January 1, 2000 and the Closing Date;

CapEx Target has the meaning set forth in Exhibit 1.

CapEx Target means the sum of (i) for each calendar quarter of 2014 ended prior to the Closing Date, the absolute value of the amount set forth in Section 1.01(a) of the Company Disclosure Schedule for such quarter, and (ii) for the calendar quarter of 2014 in which the Closing Date occurs, (A) the absolute value of the amount set forth in Section 1.01(a) of the Company Disclosure Schedule for such quarter multiplied by (B) a fraction, the numerator of which is the number of days in such quarter prior to the Closing Date, and the denominator of which is the total number of days in such quarter.

CapEx Target means an amount equal to $13,348,000.