Capital Addition means, with respect to any Property, any renovation, repair or improvement to such Property, the cost of which constitutes a Capital Expenditure.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of the Leased Improvements with respect to the Leased Property, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on the Leased Property in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the number of units of the Facility, to change the purpose for which such units are utilized or to improve materially the quality of the Facility, or any related improvement whose cost would be treated as a capital expenditure under GAAP.

Capital Addition means a fixed-asset addition or modification to the Facility or any other Waste Facility or Waste Facilities, with a dollar cost greater than ten (10) million dollars ($10,000,000.00).

Examples of Capital Addition in a sentence

No Capital Addition shall be made which would tie in or connect any Leased Improvements with any other improvements on property adjacent to any Property (and not part of the Land) including, without limitation, tie-ins of buildings or other structures or utilities.
Prior to commencing construction of any Capital Addition, Tenant shall submit to Landlord, in writing, a proposal setting forth, in reasonable detail, any such proposed improvement and shall provide to Landlord such plans and specifications, and such permits, licenses, contracts and such other information concerning the same as Landlord may reasonably request.
Without limiting the generality of the foregoing, such proposal shall indicate the approximate projected cost of constructing such Capital Addition and the use or uses to which it will be put.
No Capital Addition shall be made which would tie in or connect any Leased Improvements with any other improvements on property adjacent to the Leased Property (and not part of the Land) including, without limitation, tie-ins of buildings or other structures or utilities.
In no event shall the portion of the projected Capital Addition Cost comprised of land, if any, materials, labor charges and fixtures be less than ninety percent (90%) of the total amount of such cost.

More Definitions of Capital Addition

Capital Addition shall have the meaning ascribed to such term in Section 5.08.A hereof.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of any of the Leased Improvements, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including, but not limited to, the construction of a new wing or new story, the renovation of existing improvements on the Leased Property in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the bed capacity of the Facility, to change the purpose for which such beds are utilized or to improve the quality of the Facility.

Capital Addition means any renovation, repair or improvement to the Property (or portion thereof), the cost of which constitutes a Capital Expenditure.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of any of the Leased Improvements with respect to any of the Collective Leased Properties, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on any of the Collective Leased Properties in order to provide a functionally new facility needed to provide services not previously offered, or any material expansion, construction, renovation or conversion in order to increase by more than 10% the bed capacity of any Facility, to change the purpose for which such beds are utilized or to improve materially the quality of any Facility.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of the Leased Improvements with respect to any one (1) or more of the Leased Properties, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on any one (1) or more of the Leased Properties in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the number of units of the applicable Facility, to change the purpose for which such units are utilized or to improve materially the quality of the applicable Facility, or any related improvement whose cost would be treated as a capital expenditure under GAAP.

Capital Addition means any renovation, repair or improvement ---------------- to the Leased Property (or portion thereof), the cost of which constitutes a Capital Expenditure and the making or implementation of which requires "Owner's" consent under the Management Agreement.

Capital Addition means one or more new buildings, structures or the material expansion of existing improvements or structures, which are constructed on any parcel or portion of the Land.