Sustaining Capital Costs definition
Sustaining Capital Costs is defined in Section 9.4.
Sustaining Capital Costs means those Capital Costs incurred by WECU in connection with the design, engineering, construction and commissioning of any facility comprising the WECU Facilities with respect to the implementation of a Sustaining Capital Project, excluding any such Capital Costs that are reimbursed by the insurance required to be carried by WECU hereunder;
Sustaining Capital Costs at any time, the capital expenditures (including repairs and replacement funded by insurance proceeds) of the Borrower required, in the opinion of the Borrower, to maintain its Business operating at or near its design capacity.