Cumulative Capital Expenditures definition

Cumulative Capital Expenditures means all Development Expenditures, all Production Expenditures of a capital nature (excluding Operating Expenditures) and all Exploration Expenditures in respect of the Original Contract Area, actually incurred by the Contractor from the Effective Date until the end of the Quarter preceding the relevant Quarter.
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Cumulative Capital Expenditures at any given time, means the amount in dollars that is equal to the sum of all Capital Expenditures of PCI, the Company and their respective Subsidiaries, taken as a whole, from January 1, 2002, and up to and including December 31 of the immediately preceding Fiscal Year of the Company.
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Cumulative Capital Expenditures means all Capital Expenditures of the Borrower and its Subsidiaries since January 1, 2001. "CUMULATIVE DARK FIBER/CONDUIT GROSS PROCEEDS" means, as of any date of determination, the aggregate amount of gross cash proceeds received by the Borrower and the Subsidiaries in respect of Dark Fiber/Conduit Dispositions. "CUMULATIVE DARK FIBER/CONDUIT REVENUE/PROCEEDS" means, as of any date of determination, the aggregate amount of (i) Dark Fiber/Conduit Revenue/Proceeds for all Dark Fiber/Conduit Dispositions and Fiber Swaps consummated on or prior to such date and (ii) cash equity proceeds received by the Borrower or the Subsidiaries after the Second Amendment Effective Date (excluding cash equity proceeds received from Cisco Systems on or prior to the Second Amendment Effective Date pursuant to the Cisco Subscription Agreement in an amount up to $200,000,000), to the extent such proceeds are used in the construction, operation and development of the Network or to make a prepayment pursuant to Section 2.09(e). For purposes of this definition, "Dark Fiber/Conduit Revenue/Proceeds" means, as of any date of determination thereof, for any Dark Fiber/Conduit Disposition or Fiber Swap (a "disposition"), the greater of (i) the revenues of the Borrower and its Subsidiaries attributable to such disposition for the period from the date of such disposition to the date of determination, determined on a consolidated basis in accordance with GAAP, and (ii) the amount of cash proceeds received by the Borrower and its Subsidiaries in respect of such disposition during such period. "DARK FIBER/CONDUIT DISPOSITION" means a lease, sale, conveyance or other disposition (other than a Fiber Swap) by the Borrower or any Subsidiary of unused or "dark" fiber optic strands or unused conduit, or the use thereof, for a period of at least ten (10) years, in a transaction in which none of Borrower or the Subsidiaries has any obligation to "light" such fiber optic strands except dispositions required by the AT&T Agreement as in effect on May 24, 2001, or as amended with the consent of the Administrative Agent if such consent is required pursuant to Section 6.11.
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Examples of Cumulative Capital Expenditures in a sentence

  • If the Cumulative Capital Expenditures exceed the Cumulative Capital Expenditure Reserve, the excess amount shall be added to the total cost of the Major Renovation, and the Rent shall be increased by an amount equal to 7% of the sum from and after the Completion Date.

  • If the Cumulative Capital Expenditure Reserve exceeds the Cumulative Capital Expenditures, the excess amount shall be subtracted from the total cost of the Major Renovation, and the Rent shall be increased by an amount equal to 7% of the difference from and after the date on which such Major Renovation has been substantially completed (the "Completion Date").

  • SCHEDULE B – Gross Capital Expenditures Monthly Schedule Reference Date Gross Cumulative Capital Expenditures 31 December, 2003 M€ 42.75 31 January, 2004 M€ 47.5 29 February, 2004 M€ 52.25 31 March, 2004 M€ 57 Table of Contents Any text removed pursuant to the confidential treatment request has been separately filed with the U.S. Securities and Exchange Commission and is marked “[* * *]” herein.

  • Capital expenditures are detailed below in Figure 21 for each FAZ showing cumulative expenditures over the 20-year development timeframe and share of total capital expenditures generated.Figure 21: Cumulative Capital Expenditures by FAZ Cumulative Capital Expenditures from New Growth - FAZ Comparisons (x$1,000)Champaign Fiscal Impact Analysis In this scenario, there are no capital costs for fire, as the existing fire stations have the capacity to provide service to new development.

  • The system assesses 29 housing hazards and the effect that each may have on the health and safety of current or future occupants of the property.

  • Optionee shall spend the Required Cumulative Capital Expenditures Amounts on or before the Commitment Dates set forth below: “Commitment Date” “Required Cumulative Capital By end of Calendar Year Expenditure Amount” 1 $ 26,801,000 2 $ 71,469,000 3 $ 107,204,000 4 $ 142,939,000 5 $ 178,674,000 Year 1 shall begin with the Exercise Effective Time.

  • Expenditure Summary 52012 Units of Work Summary 5Table A.1: 2012 and Cumulative Capital Expenditures vs.

  • Optionee shall spend the Required Cumulative Capital Expenditures Amounts on or before the Commitment Dates set forth below: “Commitment Date” “Required Cumulative Capital By end of Calendar Year Expenditure Amount” 2010 $ 26,801,000 2011 $ 71,469,000 2012 $ 107,204,000 2013 $ 142,939,000 2014 $ 178,674,000 If the Optionee spends in excess of one hundred seventy-eight million six hundred seventy four thousand dollars ($178,674,000.00) prior to the end of 2014, the development obligation has been fulfilled.

  • Endothelin-1 (ET-1) is the most potent endogenous vaso- constrictor participating in the regulation of vascular functions (Yanagisawa et al.

  • Figure 23: Cumulative Capital Expenditures – Scenario ComparisonsCumulative Capital Expenditures from New Growth ‐ Scenario Comparisons (x$1,000 ) Columbus, GA Fiscal Impact Analysis As shown in Figure 23, road improvements represent the largest single capital cost item for Columbus.


More Definitions of Cumulative Capital Expenditures

Cumulative Capital Expenditures means all Development and Production Expenditures and all Exploration Expenditures in the Agreement Area, decreased for all Operating Expenditures, and excluding area rentals, bonuses and administration fee as defined in Article 13., actually incurred by the Investor from the Effective Date until the end of the Quarter preceding the relevant Quarter. „Kumulativni kapitalni troškovi” znači svi Troškovi Razrade i Eksploatacije i svi Troškovi istraživanja u Ugovornom području, umanjeno za sve Operativne troškove, a isključujući xxxxxxx xx xxxxxxxx, xxxxxxxxxxx xxxxxxx xx xxxxxxx xx administrativne troškove u skladu s člankom 13., a koje je Investitor stvarno imao od Datuma stupanja na snagu do kraja Kvartala koje prethodi relevantnom Kvartalu.
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Cumulative Capital Expenditures means all Development and Production Expenditures and all Exploration Expenditures in the Agreement Area, excluding, inter alia, Operating Expenditures, area rentals, Bonuses and Administration Fee, actually incurred by the Contractor from the Effective Date until the end of the Quarter preceding the relevant Quarter.
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Cumulative Capital Expenditures means, since May 1, 2002, the aggregate of all expenditures of (1) NTL (UK) Group, Inc., and its Subsidiaries (other than Triangle and its Subsidiaries) (2)Triangle and its Subsidiaries, and (3) Diamond Cable and its Subsidiaries, during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in the fixed asset movement schedule (excluding capitalized interest) or similar items reflected in the consolidated balance sheets of (1) NTL (UK) Group, Inc., (2)Triangle, and (3) Diamond Cable and their respective Subsidiaries.
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Cumulative Capital Expenditures means total Capital Expenditures as defined below, incurred by the Licensee from the Effective Date until the end of the Calendar Year immediately preceding the Calendar Year in question. Capital Expenditures incurred by the Licensee in the Contract Area in any particular Calendar Year is the aggregate value for the Calendar Year of:
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Cumulative Capital Expenditures means, the cumulative aggregate amount of Capital Expenditures commencing with the fiscal month beginning December 30, 1996.
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Related to Cumulative Capital Expenditures

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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).

  • 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.

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

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Capital Expenditure means expenditure on:

  • 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).

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • 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.

  • 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.

  • 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.

  • 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:

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

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”). Capital Grant

  • 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.

  • Exploration Expenditures means the sum of:

  • Eligible Expenditures means the expenditures for goods, works and consultants’ services referred to in Section 2.02 of this Agreement;

  • Uncovered expenditures means the costs to the health care

  • Consolidated Rental Expense means, for any period, on a consolidated basis for the Company and its Subsidiaries, the aggregate amount of fixed and contingent rentals payable in cash by the Company and its Subsidiaries with respect to leases of real and personal property (excluding capital lease obligations) determined in accordance with GAAP for such period (subject to Section 1.04(b)).