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

On the Closing Date, the Initial Member and the Private Owner shall fund, as Capital Contributions to the Company, the Working Capital Reserve Account in accordance with the provisions of Section 12.11 hereof and Section 1 of the Transferred LLC Interest Sale Agreement, which funds shall be used for payment of Working Capital Expenses in accordance with the provisions in such Section 12.11 and as otherwise permitted pursuant to the Custodial and Paying Agency Agreement.
In no event may Discretionary Funding Advances be used for payment of any Working Capital Expenses other than Funding Draws.
To the extent multiple Working Capital Expenses (payment of which is permitted to be made using such Excess Working Capital Advance) are outstanding, any funding or use by the Manager of Excess Working Capital Advances for payment of all or any of the same shall follow the relevant priorities as set forth in the Priority of Payments and in Section 3.1 of the Custodial and Paying Agency Agreement, as applicable.
The proceeds of Excess Working Capital Advances for payment of Working Capital Expenses shall be deposited into the Collection Account for disbursement therefrom for the payment of such permitted Working Capital Expenses.

More Definitions of Capital Expenses

Capital Expenses means capital expenditures as determined in accordance with GAAP.

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 the following expenses:

Capital Expenses means all cost of capital repair, improvements or expenditures incurred by Landlord in connection with the Project (a) which are intended to effect economies in the operation, cleaning or maintenance of the Project, or any portion thereof, (b) that are required to comply with conservation programs enacted after the date hereof or which impose obligations resulting from conditions arising after the date hereof, (c) for the period of the Lease Term from and after the second anniversary of the Lease Commencement Date, which are replacements or modifications of nonstructural items located in the Common Areas required to keep the Common Areas in good order or condition, or (d) that are required under any governmental law or regulation first coming into effect after the date of this Lease.

Capital Expenses means all capital expenditures relating to the Stadium and the Premises as classified as such in accordance with GAAP.