Required Capital Expenditure definition

Required Capital Expenditure means all Capital Expenditures reasonably necessary to permit the Loan Parties, (a) to comply with applicable law (including any Environmental Laws) or (b) certified by a Responsible Officer of the applicable Loan Party as being reasonably necessary for safety of life and limb (which, for the avoidance of doubt, shall not include Capital Expenditures to expand or increase the efficiency of any Facility).
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Required Capital Expenditure means (a) Emergency Capital Expenditures and (b) capital expenditures incurred for the purpose of permitting the Obligors and the Project Companies to comply with Applicable Law, regulatory requirements, Governmental Authorizations or the Project Documents or otherwise deemed reasonably prudent by the Company.
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Required Capital Expenditure means a single repair or replacement, or series of related repairs or replacements, in each case, of a capital nature as determined in accordance with GAAP that cost in excess of $250,000 in the aggregate, that have an Expected Useful Life in excess of one (1) year and that are required to be made to the Leased Premises as a result of a change to an Applicable Law effected after the Closing Date and that are not required as a result of (i) Tenant’s particular use of the Leased Premises, (ii) Tenant’s waste on the Leased Premises or any part thereof or failure to maintain the Leased Premises or any part thereof in accordance with the terms of this Lease or (iii) Tenant’s construction or planned construction of any Alteration.
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Examples of Required Capital Expenditure in a sentence

  • Projected Expenditures Required Capital Expenditure: No required capital expenditures are anticipated at this time.

  • Projected Expenditures Required Capital Expenditure: A change in building occupancy classification will trigger a requirement to comply with current code requirements.

  • Projected Expenditures Required Capital Expenditure: No required capital expenditures have been identified at this time.

  • The regional teaching hospitals, and the Karnali Academy of Health Science shall make provisions to provide specialized and quality healthcare services.

  • We recommend that the domestic cold and hot water systems, including domestic hot water systems, be replaced as part of any re-use.Projected Expenditures Required Capital Expenditure: 1.

  • Projected Expenditures Required Capital Expenditure: A change in building occupancy classification will trigger compliance with current code requirements.

  • This ratio include the NPV of Planned Capital Renewals and Required Capital Expenditure of the assets which form part of the Disposal Group "Held for sale" as per Note 42.

  • It has good, legal and valid title to all its Property (including all real property on which any of the Required Capital Expenditure is or will be situated or which is subject to the Security and all revenue) free of all Liens other than Permitted Liens.

  • The Transferors shall procure that the Group shall make all material planned capital expenditure payments comprised in the Required Capital Expenditure Amount.

  • We have included a near-term and periodic allowance for replacement of detached or cracked tiles, for replacement of damaged gutter or downspout and for re-attachment of gutters and downspouts (reference Photograph 11 in Appendix C).Projected Expenditures Required Capital Expenditure: No capital expenditures are anticipated at this time.

Related to Required Capital Expenditure

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

  • 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.

  • 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).

  • 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.

  • 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.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Capital Expenditure means expenditure on:

  • 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.

  • 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.

  • 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.

  • Unfunded Capital Expenditures means those Capital Expenditures which are not financed by Funded Debt.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

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

  • 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.

  • 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.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

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

  • Required Capital Amount means with respect to any Series, the amount required to be deposited in the Capital Subaccount on the Series Issuance Date of such Series, as specified in the related Series Supplement.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Excluded Expenditure means any expenditure: