Ramp and Capital Costs Budget definition

Ramp and Capital Costs Budget means the budget for the construction and funding of the Phase II Project prepared by the Borrower and delivered in accordance with Section 6.01(g); provided that the Borrower may from time to time amend or update the timing or delivery of capital expenditures thereunder in accordance with market conditions, so long as such amendments or updates do not project that the Phase II Partial Completion Date and the Phase II Completion Date would occur after the respective Dates Certain.
Sample 1
Ramp and Capital Costs Budget the budget for the construction and funding of the Project prepared by the Borrower; Table of Contents
Sample 1

Examples of Ramp and Capital Costs Budget in a sentence

  • Other than as contemplated in the Borrower Projections and the Ramp and Capital Costs Budget, the Borrower has not paid or become obligated to pay any fee or commission to any broker, finder or intermediary for or on account of arranging the financing of the transactions contemplated by the Financing Documents.

  • Within thirty (30) days after the end of each fiscal year, the Borrower shall deliver to JBIC and the Agent (for the Tranche B Lenders) the Ramp Schedule and Ramp and Capital Costs Budget for the next succeeding year, certified as true and correct by an Authorized Officer of the Borrower.

  • Motion Hunt, Seconded Vann, Vote: Aye- Hunt, Aye-Vann and Aye-Bishop.

  • The Borrower is not aware of any event, circumstance or condition that could reasonably be expected to cause the Borrower to become out of Material Compliance with the original Ramp and Capital Costs Budget delivered pursuant to Section 6.01(g) or the Ramp Schedule.

  • There is no violation of any applicable Environmental Law or Environmental Requirement that could reasonably be expected to result in any material delay in the construction of the Fab 7 Plant or the Phase II Facilities as contemplated by the then-applicable Ramp Schedule and Ramp and Capital Costs Budget, or any material interference with the commercial operation of the Fab 7 Plant or the Phase II Facilities.

  • Otherwise, it is 0, as inselection, measures, and synthesis of data quality attributes [21-23].F (T ) = ⎧⎪1, otherwise.2 ij ⎨⎩⎪0,T = 0 or null.ij(8)The completeness of D on all attributes is presented in Equation (9).

  • If any Construction Progress Report shall have indicated the absence of Material Compliance with the original Ramp and Capital Costs Budget delivered pursuant to Section 6.01(g) or the Ramp Schedule, Ex-Im Bank shall be satisfied in its reasonable discretion that Total Funding Available is adequate for the Borrower to achieve Phase II Completion by the Date Certain.

  • The Borrower shall have and maintain (i) all rights to use the parcels of land underlying its facilities (including the Fab 7 Plant), and (ii) such other property rights (including all easements and rights of ingress and egress) as are necessary in order to permit the design, procurement, construction, installation, operation, maintenance, development and ownership of the Fab 7 Plant in material conformity with the requirements of the Financing Documents and the Ramp and Capital Costs Budget.

  • Employee Hours – The Board discussed current employee work hours.

  • The Fab 7 Plant and the Project are in Material Compliance with the original Ramp and Capital Costs Budget delivered pursuant to Section 6.01(g) and the Ramp Schedule.

Related to Ramp and Capital Costs Budget

  • Capital Costs means an add-on to the blended base amount, which shall compensate for Medicaid’s portion of capital costs. Capital costs for buildings, fixtures and movable equipment are defined in the hospital’s base year cost report, are case-mix adjusted, are adjusted to reflect 80 percent of allowable costs, and are adjusted to be no greater than one standard deviation off the mean Medicaid blended capital rate.

  • 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.

  • 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.

  • 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.

  • Capital Budget has the meaning given in Section 3.11(a).

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

  • 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.

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

  • 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.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • 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.

  • 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.

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

  • Working Capital Target means $0.

  • Initial Costs means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of an Executive Director and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial activities or in support of the negotiation, preparation and approval of one or more Administrative Services Provider Agreements and Program Agreement 1. Administrative and operational costs incurred after the approval of Program Agreement 1 shall not be considered Initial Costs.

  • Net Working Capital Target means $0.00.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • 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.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Base Working Capital means negative USD$250,000 in aggregate for the Target Entities.

  • Capital Cost means costs incurred or proposed to be incurred by the municipality or a local board thereof directly or by others on behalf of, and as authorized by, the municipality or local board,

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Target Working Capital means $0.

  • 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.

  • 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).