Capital Expenses definition
Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.
Capital Expenses means all expenses, obligations and liabilities of whatsoever kind (being of a capital nature in accordance with generally accepted accounting principles) incurred or chargeable, directly or indirectly, with respect to the development, acquisition, redevelopment, modernization and expansion of the Property and the Facilities, including, without limiting the generality of the foregoing, interest thereon from the time so incurred or chargeable at a rate per annum from time to time equal to the "prime rate" of the Royal Bank of Canada plus 2% per annum, but does not include Operating Expenses nor Exploration Expenses.
Capital Expenses means any cost or expense incurred by the Partnership in the improvement of any Partnership Investment (including, extraordinary repairs, additions, alterations, modifications or restoration of such Partnership Investment).
Examples of Capital Expenses in a sentence
The amount of Capital Expenses incurred by Landlord, as well as Tenant’s Share of such Capital Expenses, shall be set forth on each Statement and each Estimate Statement delivered by Landlord to Tenant and Tenant shall pay Tenant’s Share of such Capital Expenses at the same time and in the same manner as Tenant shall pay Tenant’s Share of Building Direct Expenses.
More Definitions of Capital Expenses
Capital Expenses means expenses that are capital in nature or required under GAAP to be capitalized.
Capital Expenses or "Exploration Expenses"; and
Capital Expenses means construction or acquisition costs including improvements or equipment costing $1,000.00 or more and with an expected life of 3 years or more.
Capital Expenses means capital expenditures as determined in accordance with GAAP.
Capital Expenses expenses that are required under GAAP to be capitalized.
Capital Expenses means the following expenses:
Capital Expenses means all expenses incurred with respect to Capital Improvements with the exception of any Operating Expenses.