Capital Expenditure Reserve Fund definition

Capital Expenditure Reserve Fund shall have the meaning set forth in Section 5.5 hereof.
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Capital Expenditure Reserve Fund means the account established pursuant to paragraph 8.6.1 of this Agreement to hold certain funds for Capital Expenditures.
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Capital Expenditure Reserve Fund means a segregated reserve fund in the initial amount of Eight Hundred Thousand Dollars ($800,000) to be used for the following purposes only: (A) up to Three Hundred Thousand Dollars ($300,000) shall be used to provide improved or increased coverage of the radio broadcast signals of Reading, Tri-State, NCR II, or NCR III, as appropriate; and (B) up to Five Hundred Thousand Dollars ($500,000) shall be used for CMN's real property Capital Expenditures.
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Examples of Capital Expenditure Reserve Fund in a sentence

  • The funds in the Concession Capital Expenditure Reserve Fund shall not be used for Ordinary Maintenance or Alterations, but shall be used solely for the payment of Concession Capital Improvements as set forth herein.

  • Subject to the terms of this Agreement, the cost of Concession Capital Improvements shall be paid from the Concession Capital Expenditure Reserve Fund.

  • The Concessionaire shall deposit the Concession Capital Cost Payment into the Concession Capital Expenditure Reserve Fund when due.

  • The clerk said that unfortunately, Maggie White was unable to attend on May 9th to train herself and Cllr Quinlan and this has now been re-booked for 30th May.

  • Each Capital Expenditure Requisition shall be deemed a representation by Borrower that Borrower is in full compliance with the terms of this Section 5.5. Lender shall not be obligated to make disbursements of the Capital Expenditure Reserve Fund to reimburse Borrower for the costs of routine maintenance to the Property, replacements of inventory or for costs which are to be reimbursed from any other Reserve Accounts.

  • Any investment income earned on the amounts in the Concession Capital Expenditure Reserve Fund shall be added to the principal of the Concession Capital Expenditure Reserve Fund and used as provided in this Agreement.

  • Any investment incomeearned on the amounts in the Concession Capital Expenditure Reserve Fund shall be added to the principal of the Concession Capital Expenditure Reserve Fund and used as provided in this Agreement.

  • The algorithm’s performance was also verified using NWS reports for the same 8 cases (Table 2).

  • These workhours include but are not limited to nonrecurring PM, CM, and modifications.

  • This solution is general in a sense that it has two arbitraryfunctions, which correspond to initial density and velocity profiles.


More Definitions of Capital Expenditure Reserve Fund

Capital Expenditure Reserve Fund means the fund to be established and controlled by the City and the Padres to hold funds reserved for payment of the costs of all labor and materials reasonably required to add, repair, restore or replace any structural components, systems components or integral parts of the Ballpark, which would customarily be treated as a capital item for federal income tax purposes.
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Capital Expenditure Reserve Fund. As defined in Section 3.5.2 of this Agreement.
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Capital Expenditure Reserve Fund means the special fund created by Section 5.14 hereof.
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Capital Expenditure Reserve Fund shall have the meaning set forth in Section 2.15(a) hereof.
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Related to Capital Expenditure Reserve Fund

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Non-Financed Capital Expenditures means Capital Expenditures not financed by the seller of the capital asset, by a third party lender or by means of any extension of credit by Lender other than by means of an Advance under the Revolving Credit Facility.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Required Reserve Fund Amount With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds (ii) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. Provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of LIBOR Certificates has been reduced to zero, the Required Reserve Fund Amount shall be zero.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Capital Expenditure means expenditure on:

  • Debt Service Reserve Fund Requirement means, with respect to the 2017 Series B Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2017 Series B Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Cash Reserve means for any Financed Receivable which has been paid in full during a Monthly Period, the amount by which the amount(s) paid on such Financed Receivable exceeds the Advance made on such Financed Receivable.

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

  • Unfunded Capital Expenditures means Capital Expenditures made through Revolving Advances or out of Borrowers’ own funds other than through equity contributed subsequent to the Closing Date or purchase money or other financing or lease transactions permitted hereunder.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.