Examples of Scheduled Capital Expenditures in a sentence
No material alteration or other change in the physical condition, structure or appearance of any Hotel having occurred since the Effective Date, normal wear and tear, damage by Casualty and Scheduled Capital Expenditures excepted.
The Seller shall perform, or caused to be performed, the Scheduled Capital Expenditures and the Scheduled Maintenance Expenditures, at Seller's cost, prior to the Closing Date.
Interest income is recognised by applying the effective interest rate to the gross carrying amount of the inancial asset.
No material alteration or other change in the physical condition, structure or appearance of the Hotel having occurred since the Effective Date, normal wear and tear, damage by casualty and Scheduled Capital Expenditures excepted.
Borrower shall deposit with or on behalf of Lender on the Closing Date, the amount of $6,196,731.00, for the Scheduled Capital Expenditures, which amounts represent approximately 115% of the estimated cost of such Scheduled Capital Expenditures and which amounts shall be transferred into an Account (the “Scheduled Capital Expenditure Account”).