Intangible Capital definition
Examples of Intangible Capital in a sentence
Borrower will not, and it will not cause or permit any Subsidiary to, make any Capital Expenditure or Intangible Capital Expenditures if the sum of (i) the aggregate amount of all Capital Expenditures and Intangible Capital Expenditures as the case may be (including the expenditure in question) made by Borrower and its Subsidiaries during a fiscal year exceeds $10,000,000.
Except for Intangible Capital Expenditures permitted by Section 5.02(o), Borrower will not, and it will not cause or permit any Subsidiaries to, directly or indirectly, make any Restricted Investments.
In the event the Company is dissolved and liquidated or LJC, LLC’s Interest is redeemed, the Company shall return LJC, LLC’s Intangible Capital Contribution to LJC, LLC and the property’s value for these purposes shall be the value set forth on Exhibit A at the time of contribution.
Intangible Capital: Program resources contemplated in Article II, Section 2, subparagraphs (i) and (ii).
The Program’s operating costs and operations shall be financed in the first instance with the resources contemplated in Article II, Section 2, subparagraph (iv); in the second instance, and where applicable, with the Program resources contemplated in Article II, Section 2, subparagraph (iii); and ultimately, subject to approval by the Board of Directors, with the Fund’s Intangible Capital, as defined in Article II, Section 2 (ii).
This data covers the states of North Dakota, Montana, Wyoming, and Colorado (referred to in this Agreement as “LJC, LLC’s Intangible Capital Contribution”).