Capital facility definition

Capital facility means any improvement or facility that is directly related to any service that a district is authorized to provide, has an estimated useful life of five years or longer, and is required by the bylaws, rules, or regulations of a district, as adopted by the board of the district.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Capital facility means a facility set forth in section 2-208;

Capital facility means an element of public in- frastructure, such as electrical service, streets, a water supply system, sewers, stormwater systems, and oth- er publicly-available utilities and facilities.

Examples of Capital facility in a sentence

• The warrant shall vest for additional shares with a value equal to 5% of any fundings under the Equipment facility in excess of $1,000,000 and 10% of any fundings under the Working Capital facility.

• Capital facility repair needs identified by the third party inspector shall be incorporated into the Schedule of Capital Repairs pursuant to Section 2.4(c).

• A letter of comfort from State Bank of India, CAG Branch, New Delhi, India, shall be a required document for this Agreement, securing the said enhanced amount of the Revolving Credit Working Capital facility.

• The Texas Capital facility contains various affirmative and negative covenants.

• The COUNTY shall pay the then CITY Capital facility rate per gallon taking down such capacity in 1,000 gallon increments in accordance with Exhibit “E”.

More Definitions of Capital facility

Capital facility means any one or more of the following:

Capital facility means a structure, improvement, piece of equipment or other major asset including land that has a useful life of at least 10 years. Capital facilities are provided by or for public purposes and services including but not limited to the following: Airport, Fire and rescue, Government offices, Police, Libraries, Parks, Sanitary Sewer, Sidewalks, Stormwater facilities, Streets, Street lighting systems, Traffic signals and Transit. The capital facilities listed above include necessary ancillary and support facilities. (CP)

Capital facility means any improvement or facility that is directly related to any service that a district is authorized to provide, has an estimated useful life of five years or longer, and is required by

Capital facility means structures, improvements, equipment, or other major assets (including land) with a useful life of at least 10 years. Capital Improvement are projects that create, expand or modify a capital facility. This definition applies to projects that cost or have a value of $10,000 or more.

Capital facility means an asset having a Useful Life of three or more years that is a component of one or more Categories of Necessary Public Service provided by the City. A Capital Facility may include any associated purchase of real property, architectural and engineering services leading to the design and construction of buildings and facilities, improvements to existing facilities, improvements to

Capital facility means any one of these Working Capital Facilities;

Capital facility or “Public Facility” means the publicly owned capital improvements and systems that serve Island County, including, but not limited to the following facilities or services. Some capital facilities (e.g. libraries, hospitals, etc.) are not currently considered in this Element but could be added to the definition of Capital Facilities in future CFE updates: