Funded Capital Expenditures definition

Funded Capital Expenditures means, with respect to any Person for any period, all Capital Expenditures during such period for which funds have been set aside or reserved and which will not be paid from operating revenues of such Person.
Sample 1Sample 2Sample 3
Funded Capital Expenditures means Capital Expenditures permitted under Section 3.16(b)(i) without the incorporation by reference of Section 3.16(b)(ii) set forth therein.
Sample 1Sample 2Sample 3
Funded Capital Expenditures means, for any period, (a) the additions to property, plant and equipment and other capital expenditures of the Borrower and its consolidated Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared in accordance with GAAP, minus (b) any interest expenses that were appropriately reclassified from expenses to capital expenditures under GAAP, minus (c) any internal labor costs that were appropriately reclassified from expenses to capital expenditures under GAAP minus (d) any customer funded capital expenditures.
Sample 1Sample 2

Examples of Funded Capital Expenditures in a sentence

  • These reductions are reflected in the summary tables below.Company Funded Capital Expenditures Test Year 2018SuburbanORASettlementAnnual Projects$ 8,968,000$ 5,893,732$ 7,828,879Planned Projects$ 9,960,994$ 6,524,296$ 9,510,994Pipeline Projects$14,186,000$ 2,988,187$ 4,972,000Total 2018 Company Funded Capital Expenditures$33,114,994$15,406,215$22,311,873 A.

  • Borrower shall not, nor shall it permit any of its Subsidiaries to, cause the aggregate Capital Expenditures (other than Debt Funded Capital Expenditures and Equity Funded Capital Expenditures) expended by the Borrower or any of its Subsidiaries in each fiscal year to exceed the CapEx Basket Amount.

  • Without duplication, the sum of the Borrower’s and its Subsidiaries’ Consolidated interest expense, Consolidated tax expense less any deferred portion of such tax expense, scheduled payments of principal of Consolidated Total Indebtedness, payments due under Capitalized Leases and Capital Expenditures which are not Funded Capital Expenditures during the relevant fiscal period.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, cause the aggregate Capital Expenditures (other than Equity Funded Capital Expenditures and Capital Expenditures that constitute a Permitted Acquisition) expended by the US Borrower or any of its Restricted Subsidiaries to exceed $6,000,000 for the fiscal year ending 2016 and $10,100,000 for the fiscal year ending 2017.

  • No Credit Party shall, nor shall it permit any of its Subsidiaries to, cause the Capital Expenditures (other than Equity Funded Capital Expenditures or Capital Expenditures that constitute a Permitted Acquisition) expended by the Borrower or any of its Subsidiaries (a) in the fiscal year ending December 31, 2014, to exceed $60,000,000 in the aggregate, and (b) in each fiscal year ending after December 31, 2014, to exceed, in the aggregate, 75% of EBITDA for the immediately preceding fiscal year.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, cause the aggregate Capital Expenditures (other than Equity Funded Capital Expenditures and Capital Expenditures that constitute a Permitted Acquisition) expended by the US Borrower or any of its Restricted Subsidiaries in any fiscal year to exceed 75% of the US Borrower’s consolidated EBITDA (including Crest’s EBITDA on a pro forma basis for the fiscal year ended December 31, 2013) for the immediately prior fiscal year.

  • To the extent permitted by applicable Tax law, any Tax deduction by the Company of a Member-Funded Capital Expenditure shall be specially allocated so that each Member will have the Tax benefit of its Member- Funded Capital Expenditures.

  • No Credit Party shall cause the aggregate Capital Expenditures (other than Debt Funded Capital Expenditures and Equity Funded Capital Expenditures) expended by the Credit Parties in each fiscal year to exceed the CapEx Basket Amount.

  • Beginning with the fiscal quarter of the Borrower ending December 31, 2023, make or commit to make any Funded Capital Expenditure, other than Funded Capital Expenditures of the Borrower not exceeding $9,000,000 in the aggregate for the period of the four fiscal quarters of the Borrower most recently ended.

  • The ISO modifies Schedule 1 to indicate that those definitions will also apply through December 31, 2000.Finally, the amendments change one definition regarding Cash Funded Capital Expenditures that was applicable for only 1998 to be applicable to other years as well.


More Definitions of Funded Capital Expenditures

Funded Capital Expenditures means Capital Expenditures permitted under Section 7.18(b)(i) without the incorporation by reference of Section 7.18(b)(ii) set forth therein.
Sample 1
Funded Capital Expenditures. Loan Request," "Loans," "Notes," "Term Loan Base Rate Portion," and "Term Loan Euro-Rate Portion" in Section 1.01 of the Credit Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: Commitment shall mean as to any Bank, the aggregate of its Revolving Credit Commitment, Term Loan Commitment, Term Loan (Combined) Commitment and Commitments shall mean the aggregate of the Revolving Credit Commitments, Term Loan Commitments and Term Loan (Combined) Commitments of all of the Banks. Fixed Charges shall mean, for any period of determination, the sum of interest expense, income tax expense, dividend payments on capital stock (to the extent actually paid in cash), scheduled principal installments on Indebtedness (as adjusted for prepayments), capital expenditures and Rentals, in each case of the Borrower and its Subsidiaries, for such periods determined and consolidated in accordance with GAAP. Funded Capital Expenditures shall mean, for any period of determination, all capital expenditures of the Borrower and its Subsidiaries, determined and consolidated in accordance with GAAP, which are funded by Term Loans (Combined).
Sample 1
Funded Capital Expenditures means Capital Expenditures financed with Funded Debt, provided however, that for calculations thereof that include the following fiscal quarters, "Funded Capital Expenditures" shall be deemed to be: Fiscal Quarter ended as of: Funded Capital Expenditures September 30, 2016 $696,000 December 31, 2016 $906,000 March 31, 2017 $1,705,000 June 30, 2017 $693,000
Sample 1
Funded Capital Expenditures means Capital Expenditures which are paid for by a Person with the proceeds of Indebtedness for Money Borrowed incurred to finance such Capital Expenditures or that are represented by Capitalized Lease Obligations, but excluding any Capital Expenditures which are paid for with the proceeds of Revolving Credit Loans.
Sample 1
Funded Capital Expenditures. Loan Request," "Loans," "Notes," "Term Loan Base Rate Portion," "Term Loan Euro-Rate Portion" in Section 1.01 of the Credit Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: Commitment shall mean as to any Bank, the aggregate of its Revolving Credit Commitment, Term Loan Commitment, Term Loan-B Commitment and Term Loan-C Commitment and Commitments shall mean the aggregate of the Revolving Credit Commitments, Term Loan Commitments, Term Loan-B Commitments and Term Loan-C Commitments of all of the Banks. Funded Capital Expenditures shall mean, for any period of determination, all capital expenditures of the Borrower and its Subsidiaries, determined and consolidated in accordance with GAAP, which are funded by Term Loans-B or Term Loans-C. Loan Request shall mean a request for Revolving Credit Loans, Term Loans-B or Term Loans-C made in accordance with Section 2.05, Section 3.02(B) or Section 3.02(C) hereof or a request to select, convert to or renew a Euro-Rate Option in accordance with Section 4.02 hereof. -19- Loans shall mean all Revolving Credit Notes, Term Loans, Term Loans-B and Term Loans-C, collectively, and Loan shall mean any Revolving Credit Loan, Term Loan, Term Loan-B or Term Loan-C, separately. Notes shall mean the Revolving Credit Notes, the Term Notes, the Term Notes-B and the Term Notes-C.
Sample 1

Related to Funded Capital Expenditures

  • 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.

  • Capital Expenditure means expenditure on:

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F.1(a) of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and