Growth Capital Expenditure definition

Growth Capital Expenditure means, with respect to any Person for any period, all expenditures made directly or indirectly by such Person during such period for Capital Assets that do not constitute a Capital Expenditure and, for the avoidance of doubt, shall exclude any Investments permitted by Section 7.6(e) or (f).
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Growth Capital Expenditure means Capital Expenditures in connection with (a) the purchase of a new casino, hotel, restaurant, bar or similar operation and (b) new hotel, casino, restaurant or bar construction (including, without limitation, any build-out or completion of any hotel rooms, common areas, casino, restaurant, bar or other similar operation at any existing hotel or casino) and other Pre-Opening Expenses; for the avoidance of doubt, de minimis expenditures with respect to unfinished floors of the Hotel Project and expenditures in connection with the retasking of existing space will not be deemed Growth Capital Expenditures.
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Growth Capital Expenditure means any profit-improving capital expenditures that has been approved by the Borrower’s internal approval process to be funded in whole or in part with proceeds of the LIBOR Loans.
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Examples of Growth Capital Expenditure in a sentence

  • Divide Net Growth Capital Expenditure (NGE) by the Excess Capacity in Household equivalents (EC) = Development Contribution to be levied per household equivalent  The cost of maintaining or increasing capacity within each scheme for development growth is shared equally among the household equivalents which are able to connect to the scheme.

  • The Borrower shall not make, or become legally obligated to make for each fiscal year, Growth Capital Expenditures costing in excess of two million dollars ($2,000,000) in the aggregate during any such fiscal year, unless the Borrower shall have had at least a trailing 12 month average of $2,000,000 in cash in deposits with the Lender at the time of the making of any such Growth Capital Expenditure.

  • Growth Capital Expenditure and Development Contributions Growth capital expenditure excludes any cost associated with increasing levels of service, historical upgrades (catch-up) or maintenance.

  • Any Capital Expenditure that is not a Growth Capital Expenditure.

  • Table 6-11: Improve Supply (Growth) Capital Expenditure, 2001/02 to 2005/06(Real $ million 2005/06) 2001/02 As can be seen from Table 6-11, the expenditure ranges from $0.10million to $0.86million.

  • Funding Sources for Growth Capital Expenditure in Order of Priority: i.

  • Table 6-10: Recommended Large Consumer (Growth) Capital Expenditure, 2001/02 to 2005/06(Real $ million 2005/06) 2001/02 6.3.3 Improve Supply Stage One The expenditure for this category is for principal supply mains to provide additional capacity in the network.

  • Steps 1-6 are completed for each target variable and each training set.The models are compared using the misclassification, average precision, and average recall of each model.

  • Growth Capital Expenditure IMTT incurred growth capital expenditures of $53.9 million, $107.1 million and $72.9 million for 2013, 2012 and 2011, respectively.

  • Growth Capital Expenditure During 2009, IMTT spent $82.6 million on growth projects, including $43.9 million for the on-going construction of new storage tanks at its St. Rose facility, $26.1 million for on-going tank construction and refurbishment as well as improved infrastructure at its Bayonne facility and $7.9 million at Geismar.


More Definitions of Growth Capital Expenditure

Growth Capital Expenditure has the meaning given to such term in Clause 22.1 (Financial definitions).
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Growth Capital Expenditure means Capital Expenditures that are not Maintenance Capital Expenditures.
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Growth Capital Expenditure means, for the Borrower and its consolidated Restricted Subsidiaries, all Capital Expenditures consisting of spending for new assets, expansion or the enhancement of existing assets but only to the extent such spending generates new revenue or costs savings and is not addressing wear and tear of existing assets.
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Growth Capital Expenditure means any Capital Expenditure which is not a Maintenance Capital Expenditure, and includes all Capital Expenditures associated with the design, development and construction of the Las Vegas North Project and any Alternative Project.
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Growth Capital Expenditure shall have the meaning ascribed thereto in Clause 28.5;
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Growth Capital Expenditure means, in respect of any Relevant Period (or, where appropriate, Adjusted Relevant Period), expenditure by a Group Entity in financing the purchase of crates which results in an increase in the number of crates owned by or leased to the Group;
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Related to Growth Capital Expenditure

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • 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).

  • Capital Expenditure means expenditure on:

  • 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.

  • 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.

  • 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.

  • 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.

  • 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).

  • 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

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

  • Expenditure minimum means:

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

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

  • Independent expenditure means an expenditure by a person:

  • 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)).

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

  • Qualified expenditures means capital expenditures that qualify, or would qualify except that the taxpayer entered into an agreement under subsection (13), for a rehabilitation credit under section 47(a)(2) of the internal revenue code if the taxpayer is eligible for the credit under section 47(a)(2) of the internal revenue code or, if the taxpayer is not eligible for the credit under section 47(a)(2) of the internal revenue code, the qualified expenditures that would qualify under section 47(a)(2) of the internal revenue code except that the expenditures are made to an historic resource that is not eligible for the credit under section 47(a)(2) of the internal revenue code that were paid. Qualified expenditures do not include capital expenditures for nonhistoric additions to an historic resource except an addition that is required by state or federal regulations that relate to historic preservation, safety, or accessibility.