Growth Capital Project definition

Growth Capital Project has the meaning set forth in the LMM Agreement.
Growth Capital Project means any addition, expansion or improvement to the existing capital assets of the Company or the acquisition or construction by the Company of new capital assets, in each case, if such addition, expansion, improvement, acquisition or construction is made to increase the long-term operating capacity, asset base or cash flow from operations of the Company; provided, however, that all well connections shall be deemed to be Growth Capital Projects.
Growth Capital Project has the meaning set forth in the LLC Agreement.

Examples of Growth Capital Project in a sentence

  • Telephone and Walk-In Service..............................................................

  • The Offer Notice will set forth all relevant information with respect to the proposed Capital Contribution, including a description of the Growth Capital Project to which the Capital Contribution relates, the amount of such Capital Contribution, and any other terms and conditions of the proposed Capital Contribution.

  • Growth Capital Project Updates The following table summarizes the status of AltaGas’ significant growth projects.

  • Any Growth Capital Project or External Volumes Growth Capital Project shall be pursued only on the basis of the relevant proposal considered by the Management Committee and proposed for Management Committee approval, including, if applicable, the gathering rate and the material terms of any associated gathering agreement so proposed.

  • For the avoidance of doubt, a Member may propose a Growth Capital Project and the related Growth Capital Expenditures to be funded by Capital Contributions or otherwise for the approval of the Management Committee at any regular or special meeting of the Management Committee, whether or not such Growth Capital Expenditures were included in the Growth Capital Budget for such fiscal year.

  • Operator and Owner agree that with respect to any Non-Participatory Growth Capital Project or Participatory Growth Capital Project, the permitted variance, as determined in accordance with the LLC Agreement, shall apply in lieu of the one hundred and fifteen percent (115%) variance in the preceding sentence.

  • The H2 Growth Capital Project provides the capital funds to secure the hydrogen fuelled vehicles and associated technical support package for a two year trial period.

  • Starting in calendar year 2016, Operator shall prepare and present to Owner on or before November 15th the Budget for the next succeeding calendar year (other than any Non-Participatory Growth Capital Project Budget or Participatory Growth Capital Project Budget).

  • The Member that causes the Company to so undertake a Growth Capital Project is referred to herein as the “Proposing Member.” Any such Proposing Member may propose a Growth Capital Project (and, to the extent the Company has commenced any Growth Capital Project prior to the Effective Date, Enbridge shall propose such Growth Capital Project) by delivering a written request (each, a “Growth Capital Project Request”) to the Company and the non-Proposing Member (the “Non-Proposing Member”).

  • Failure of such Non- Proposing Member to give timely notice of its election within the Initial Election Period shall be deemed an election by such Non-Proposing Member not to participate in such proposed Growth Capital Project.


More Definitions of Growth Capital Project

Growth Capital Project means (a) the projects described on Schedule I attached hereto, (b) the acquisition, design, development or construction of any additional assets or facilities by the Company or any of its Subsidiaries, (c) with respect to any physical Asset, any physical enhancement or series of physical enhancements that would increase the throughput capacity (including by expanding pump station capability) or extend the useful life or operational efficiency, of or to any existing portion of such Asset, or (d) any additional tankage facilities to be constructed on property owned by the Company or any of its Subsidiaries, in the cases of clauses (b), (c), and (d), related to the transportation of crude oil by pipeline and related activities to or from the Williston Basin in Montana and North Dakota; provided, however, that for the avoidance of doubt, none of the following shall be a “Growth Capital Project” hereunder: (i) any project related to any Growth Capital Project included in a previously approved Budget (or Budget Amendment, Participatory Growth Capital Project Budget or Non-Participatory Growth Capital Project Budget (or amendment thereto)) after giving effect to any variance thereto permitted pursuant to the Operating and Construction Management Agreement, (ii) any Emergency Expenditure, Long Term Response Expenditures or any Non-Growth Integrity Project, (iii) additional tankage facilities to be constructed at Enbridge Energy, Limited Partnership’s terminal located in Superior, Wisconsin, (iv) any project related to the transportation of crude oil by means other than pipeline, and (v) any projects related to the Lakehead System (the projects identified in clauses (iii), (iv) and (v), the “Non-Company Projects”).

Related to Growth Capital Project

  • Capital Project means a project consisting of the construction, rehabilitation, demolition, relocation, preservation, acquisition, or other physical improvement that is an integral part of, or is necessary for completion of a Project.

  • Capital Projects means the acquisition of any interest in land, including improvements on the

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Net Capital Proceeds means the net cash proceeds received by the Partnership in connection with (i) any Sale, (ii) any borrowing or refinancing of borrowing(s) by the Partnership, (iii) any condemnation or deeding in lieu of condemnation of all or a portion of any Property, (iv) any collection in respect of property, hazard, or casualty insurance (but not business interruption insurance) or any damage award; or (v) any other transaction the proceeds of which, in accordance with generally accepted accounting principles, are considered to be capital in nature, in each case, after deduction of (a) all costs and expenses incurred by the Partnership with regard to such transactions (including, without limitation, any repayment of any indebtedness required to be repaid as a result of such transaction or which the General Partner elects to pay out of the proceeds of such transaction, together with accrued interest and premium, if any, thereon and any sales commissions or other costs or expenses due and payable to any Person in connection therewith, including to a Partner or its Affiliates), and (b) all amounts expended by the Partnership for the acquisition of additional Properties, Mortgages or other investments or for capital repairs or improvements to any Property with such cash proceeds.

  • 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.

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Capital Plan means a capital plan adopted by a board of directors of an FHLBank, and approved pursuant to Section 6 of the Act.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Capital Increase has the meaning given in clause 3.2(a);

  • Subproject means a specific water and/or sanitation Subproject financed or to be financed by a Subproject Grant (as hereinafter defined) provided from the proceeds of the Credit under Part C.1 of the Project;

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Investment Project means an investment in qualified buildings

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Subprojects means more than one such Subproject.

  • Second Draw Period is the period commencing on the date of the occurrence of the Term B Draw Event and ending on the earlier of (i) December 31, 2015 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on the date of the occurrence of the Term B Draw Event an Event of Default has occurred and is continuing.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Cost Overrun means an obligation exceeding the maxi- mum capital expenditure authorized by an approval.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Regional Transmission Expansion Plan means the plan prepared by the Office of the Interconnection pursuant to Operating Agreement, Schedule 6 for the enhancement and expansion of the Transmission System in order to meet the demands for firm transmission service in the PJM Region. Reliability Assurance Agreement or PJM Reliability Assurance Agreement:

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.