Definition of PPO/DOH CapEx


PPO/DOH CapEx means, with respect to Borrowers for any period, Capital Expenditures made by Borrowers and their Subsidiaries during such period determined on a consolidated basis in accordance with GAAP for Spare Parts with an unlimited useful life that can be overhauled in perpetuity, and therefore should be treated as a fixed asset (including, without limitation, free turbines, gear boxes, rotor heads, fuel controls, automatic flight control systems, and servo assemblies).
Sample 1