Maintenance Cap Ex definition

Maintenance Cap Ex means Borrower’s and its Subsidiaries’ annual (or quarterly, if applicable) average estimated capital expenditures required to maintain, over the long-term, the operating capacity of their capital assets based on estimates developed by management upon a five-year planning horizon and publicly communicated by management from time to time.
Maintenance Cap Ex means Parent’s and its Subsidiaries’ annual (or quarterly, if applicable) average estimated capital expenditures required to maintain, over the long-term, the operating capacity of their capital assets based on estimates developed by management upon a five-year planning horizon and publicly communicated by management from time to time.
Maintenance Cap Ex means the Company’s and its Subsidiaries’ annual (or quarterly, if applicable) average estimated capital expenditures required to maintain, over the long-term, the operating capacity of their capital assets based on estimates developed by management of the Company upon a five-year planning horizon and publicly communicated by management of the Company from time to time.

Examples of Maintenance Cap Ex in a sentence

  • Notwithstanding anything herein contained to the contrary, during each of the 2008, 2009 and 2010 Fiscal Years, Borrower may, at its discretion, receive a credit toward the Minimum Maintenance Cap Ex Requirement for the amounts expended by Borrower on the Remodel Projects during each respective Fiscal Year; provided, however, the Maximum Maintenance Cap Ex Limit, as provided above, shall be determined exclusive of the Remodel Projects shown on the Schedule of Remodel Projects, Schedule 6.04 affixed hereto.


More Definitions of Maintenance Cap Ex

Maintenance Cap Ex means Borrower’s and its Subsidiaries’ annual (or quarterly, if applicable) average estimated capital expenditures required to maintain, over the long-term, the operating capacity of their capital assets based on estimates developed by management upon a five-year planning horizon and publicly communicated by management from time to time. Alliance Resource Fourth Amended and Restated Credit Agreement
Maintenance Cap Ex means Capital Expenditures of the Borrower or any of its Subsidiaries for any relevant period, other than Non-Maintenance Cap Ex.
Maintenance Cap Ex means Borrower’s and its Subsidiaries’ annual (or quarterly, if applicable) average