Routine Capital Expenditures definition

Routine Capital Expenditures means certain routine, non-major expenditures which are classified as “capital expenditures” under generally-accepted accounting principles, and which will be funded from the Reserve (pursuant to Section 5.02). Routine Capital Expenditures consist of the following types of expenditures: exterior and interior painting; resurfacing building walls and floors; resurfacing parking areas; and miscellaneous similar expenditures. Routine Capital Expenditures are not non-routine capital expenditures or major repairs or major alterations or improvements.
Routine Capital Expenditures means certain routine, non-major expenditures which are classified as “capital expenditures” under GAAP, but which will be funded from funds provided by Landlord (pursuant to Section 5.2), rather than pursuant to the provisions of Section 5.3. Routine Capital Expenditures consist of the following types of expenditures: exterior and interior repainting; resurfacing building walls and floors; resurfacing parking areas; replacing folding walls; and miscellaneous similar expenditures (all such types of expenditures to be in accordance with Manager’s policies as then generally implemented throughout the Manager’s System).
Routine Capital Expenditures means certain routine, non-major expenditures which are classified as "capital expenditures" under generally-accepted accounting principles, but which will be funded from the Reserve (pursuant to Section 5.02), rather than pursuant to the provisions of Section 5.03. Routine Capital Expenditures consist of the following types of expenditures: exterior and interior repainting; resurfacing building walls and floors; resurfacing parking areas; and miscellaneous similar expenditures (all such types of expenditures to be in accordance with Manager's policies as then generally implemented throughout the Residence Inn by Marriott system of hotels).

Examples of Routine Capital Expenditures in a sentence

  • Position Capital Requirements and Funding:The applicant indicates on Schedule 2 capital projects totaling$67,142,442 which includes remaining FY 2018 Routine Capital Expenditures, FY 2019-22 Capital Expenditures, and the CON currently under review ($1,142,442).

  • The general public is not permitted in limited access areas on a licensed premises.

  • REPAIRS, MAINTENANCE AND REPLACEMENTS; EMERGENCY SITUATIONS; CASUALTY; AND CONDEMNATION 16 9.1 Repairs and Maintenance Expenditures 16 9.2 Routine Capital Expenditures 16 9.3 [Intentionally Deleted] 18 9.4 Emergency Situations 18 9.5 Prevention of Liens 18 9.6 Ownership of Property 19 9.7 Landlord to Provide Funds 19 9.8 Damage and Repair 19 9.9 Condemnation 21 Section 10.

  • Alternatively, it may be that suitable expertise exists within the IoMG Laboratory and so it might be possible to use technicians from the Government Laboratory to carry out the sampling on the behalf of our sampling staff.

  • Routine Capital Expenditures" shall mean exterior and interior repainting, resurfacing of building walls, floors, roof and parking areas, replacing folding walls, and other on-going routine Capital Expenditures the cost of which is to be paid for by the Manager out of the FF&E Reserve.


More Definitions of Routine Capital Expenditures

Routine Capital Expenditures means routine and ordinary course maintenance, repairs, alterations and replacements of or to the Properties, such as exterior and interior painting, resurfacing of walls and floors, replacement of wall, ceiling or floor coverings, replacement of bathroom fixtures (including tubs and surrounds), replacement of lighting fixtures, minor wall demolition and replacement to accommodate guest room or bathroom renovation and/or brand required changes to lobbies, public spaces, guest rooms or bathrooms, replacements of doors and frames, replacement of windows and frames, pool and deck repairs, roof repairs and replacements, landscaping, resurfacing parking areas and replacing folding walls, in each case that are capitalized under GAAP. For the avoidance of doubt, “Routine Capital Expenditures” shall not include expansion or “growth” projects or any Material Alteration.
Routine Capital Expenditures means certain routine, non-major expenditures which are classified as "capital expenditures" under generally-accepted accounting principles, but which will be funded from the FF&E Reserve (pursuant to Section 5.2), rather than pursuant to the provisions of Section 5.3. Routine Capital Expenditures consist of the following types of expenditures: exterior and interior repainting; resurfacing building walls and floors; resurfacing parking areas; replacing folding walls; and miscellaneous similar expenditures (all such types of expenditures to be in accordance with Manager's policies as then generally implemented throughout the ____________ System).
Routine Capital Expenditures means exterior and interior repainting, resurfacing of building walls, floors, roof and parking areas, replacing folding walls, and other on-going routine Capital Expenditures the cost of which is to be paid for by the Manager out of the FF&E Reserve.
Routine Capital Expenditures means capital expenditures requested by the Xxxxxxx Hospital Board, and if necessary, approved by Advocate in its capacity as Corporate Member of Xxxxxxx Hospital, that repair or replace property, plant or equipment to maintain then existing functionality. Routine Capital Expenditures do not include capital expenditures made in connection with a Program Investment.
Routine Capital Expenditures means certain routine, non-major expenditures that are classified as “capital expenditures” under United States generally accepted accounting principles, but that will be funded from the FF&E Reserve (pursuant to Section 5.02), rather than pursuant to the provisions of Section 5.03. Routine Capital Expenditures consist of the following types of expenditures: exterior and interior repainting; resurfacing building walls and floors; resurfacing parking areas; replacing folding walls; and miscellaneous similar expenditures (all such types of expenditures to be in accordance with Manager’s policies as then generally implemented throughout the Marriott Hotel System).
Routine Capital Expenditures means exterior and interior repainting, resurfacing of building walls, floors, roof and parking areas, replacing folding walls, and other on-going routine Capital Expenditures the cost of which is to be paid for by the Manager out of the FF&E Reserve pursuant to the Management Agreement.
Routine Capital Expenditures means routine expenditures which are classified as “capital expenditures” under generally accepted accounting principals, funded from the FF&E Reserve.