Required Capital Expenditures. The applicable Capital Expenditures required to satisfy the Minimum Cap Ex Requirements.
Required Capital Expenditures shall have the meaning set forth in Section 7.1.1 hereof.
Required Capital Expenditures has the meaning given in Schedule A of the CSAA.
Examples of Required Capital Expenditures in a sentence
Projected Expenditures Required Capital Expenditures: No capital expenditures are required at this time.
Projected Capital Expenditures Required Capital Expenditures: No required capital expenditures are anticipated at this time.
Projected Capital Expenditures Required Capital Expenditures: Required capital expenditures are considered within the applicable report sections.
As used herein, "hazardous substance" means any substance that is toxic, ignitable, reactive, or corrosive and that is regulated by any local government, the State of California, or the United States Government.
Projected Expenditures Required Capital Expenditures: No required capital expenditures are anticipated at this time.
More Definitions of Required Capital Expenditures
Required Capital Expenditures means Capital Expenditures set forth in the then current Annual Operating Budget that are reasonably required in order to operate and maintain the Projects in accordance with applicable Legal Requirements (excluding, for certainty, any Emergency Capital Expenditures and Capital Expenditures financed with the proceeds of Equity Contributions made to the Company).
Required Capital Expenditures means Capital Expenditures certified by the Borrower to the Collateral Agent to be required to be made under the Concession Agreement, but excluding any Major Maintenance Costs.
Required Capital Expenditures means all Capital Expenditures necessary in accordance with Prudent Utility Practices to permit the Borrower and the Project to comply with applicable Legal Requirements (including any Environmental Laws), in each case (a) as certified by the Borrower to the Administrative Agent and the Loan Insurer and as verified by the Independent Engineer and (b) to the extent such Capital Expenditure will allow the Borrower and the Project to comply with such Legal Requirement (as verified by the Independent Engineer).
Required Capital Expenditures means the aggregate capital expenditures and/or costs incurred by (x) the Company prior to (and which remain unpaid as of) the Closing Date and (y) the Company or its Affiliates following the Closing Date, in each case which were directly related to the installation and completion of the salt water disposal well located at the Real Property to make it fully functional in accordance with the Company’s and the Affiliated Companies’ historical quality and performance standards, including, without limitation, the installation of a third Xxxxx Xxxxxx 700 hp H-Pump at the Real Property and the completion of related electrical installation work.
Required Capital Expenditures means those capital expenditures (a) reasonably believed by Borrower in its good faith judgment to be required to be expended in order to prevent or mitigate an emergency situation involving endangerment of life, human health, safety or the environment or damage to property, (b) incurred for the purpose of permitting the Borrower or any Subsidiary to comply with applicable Law, Permits or any contract, or (c) otherwise deemed reasonably prudent by the Borrower in its good faith judgment; provided, that, in the case of this clause (c), if such capital expenditures are made with Loan proceeds in an amount (x) in the case of any Material Project, that together with other expenditures for such Project made pursuant to this clause (c) would cause costs for such Project to exceed 10% of the costs set forth in the Construction Budget for such Project or allocable to such Project in the Operating Budget or (y) in the case of any Non-Material Project, that together with other expenditures for such Project made pursuant to this clause (c) would cause costs for such Project to exceed 15% of the costs set forth in the Construction Budget for such Project or allocable to such Project in the Operating Budget, such expenditures shall be subject to the prior, written approval by the Independent Engineer, which approval shall be delivered by or on behalf of Borrower to the Administrative Agent.
Required Capital Expenditures shall have the meaning set forth in Section 8.03A.
Required Capital Expenditures means those expenditures set out in Part A of Schedule 8 (Capital Expenditures).