Capital Expenditures Budget definition

Capital Expenditures Budget means the budget attached hereto as Schedule 3.1(a).

Capital Expenditures Budget has the meaning set forth in Section 3.B(b)(v) below.

Capital Expenditures Budget has the meaning assigned in Schedule 2.6(a).

Examples of Capital Expenditures Budget in a sentence

• Capital Expenditures Budget" shall mean an annual budget prepared by Operator and approved by City as provided in Section 4.6.3, reflecting the estimated costs for all Capital Expenditures planned for the next Fiscal Year which, in the reasonable opinion of Operator, are necessary to keep and maintain the DPAC during such Fiscal Year in compliance with the Operating Standards.

• Standard Templates: The Property Management Company must provide monthly information via standardized templates required by Owner, such as Capital Expenditures, Budget to Actual Variance Analysis and Excess Cash Distribution.

• The fact that the Capital Expenditures Budget exhibit shares the section number of the Agreement that references a “capital expenditures budget”—6.01(c)(xix)—supports the conclusion that the two are linked.

• Defendant’s interpretation would both render the exhibit superfluous and cause the more general term “none” to override the specific numbers contained in the Capital Expenditures Budget.

• First, Defendant’s interpretation does not account for the fact that the exhibit containing the Capital Expenditures Budget is numbered 6.01(c)(xix), rather than 6.01(c)(vii), the section of the Agreement that limits Defendant’s expenditures.

More Definitions of Capital Expenditures Budget

Capital Expenditures Budget means a summary of all budgeted Capital Expenditures of the Transferred Entities, for the period beginning on January 1, 2017 and ending on December 31, 2017, as set forth in Section 1.1(a) of the Company Disclosure Schedule.

Capital Expenditures Budget means the budget for the Regulated Utility Subsidiaries attached hereto as hereto as Schedule 1.1(b).

Capital Expenditures Budget means, with respect to each Individual Property, an annual budget, prepared on an accrual basis in accordance with GAAP and certified by Borrowers, showing all proposed capital expenditures.

Capital Expenditures Budget has the meaning set forth in Section 6.1(b)(xi).

Capital Expenditures Budget means an annual budget prepared by Operator and approved by City as provided in Section 4.6.3, reflecting the estimated costs for all Capital Expenditures planned for the next Fiscal Year which, in the reasonable opinion of Operator, are necessary to keep and maintain the DPAC during such Fiscal Year in compliance with the Operating Standards.

Capital Expenditures Budget means each annual budget prepared by the Manager, which is subject to approval by Owner in its Sole and Absolute Discretion as part of the Annual Plan, reflecting the estimated costs for all capital expenditures (except for capital expenditures in the FF&E Budget), including those for Capital Improvements, which in the reasonable opinion of Manager are necessary to keep and maintain the Hotel during the applicable Fiscal Year in accordance with the terms of this Agreement.

Capital Expenditures Budget means the capital expenditures budget of the Business set forth in Section 6.2(p) of the Seller Disclosure Schedule.