Working Capital Expenditures definition

Working Capital Expenditures means any costs of a type that do not constitute Capital Expenditures, including current operating expenses.
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Working Capital Expenditures means the general and administrative costs of the Borrower, including payroll expenses; insurance premiums; operating costs and expenses; engineers’, accountants’ and attorneys’ fees; utility expenses; consumables; fees and expenses for obtaining and maintaining Government Approvals required to be maintained by the Borrower; and income taxes payable by the Borrower.
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Working Capital Expenditures means, with respect to any Person for any period, (i) operating expenses incurred by such Person and its Subsidiaries during the period that in accordance with GAAP are or should be included in "store operating," "catalogue and Internet operating," "distribution and warehouse," "general and administrative" or similar cost and expense account in its statement of operations, and (ii) repayments of principal or interest on the Revolving Credit Agreement, whether or not currently due and payable under the terms of the Revolving Credit Agreement.
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Examples of Working Capital Expenditures in a sentence

  • Section 1.148-1(c)(4)) are to be paid or incurred for (or allocated to) Capital Expenditures and not Working Capital Expenditures, except expenditures for payment of principal, interest or redemption prices on a prior issue (and for a crossover refunding issue, interest on that issue) and, to the limited extent provided by the general de minimis exception under Treas.

  • No. 4912, adopted June 25, 2012, amended chapter 9 in its entirety to read as herein set out.

  • Extraordinary Working Capital Expenditures To the extent the working capital expenditures to be financed are extraordinary and non- recurring, proceeds of tax-exempt bonds are treated as spent on or allocated to those expenditures as if those expenditures were for a capital project, i.e., the “proceeds-spent-last” rule, discussed below, does not apply, at least not to original proceeds of the issue.4Regulations Section 1.148-6(d)(3)(ii)(B) describes the type of expenditure that is considered extraordinary.

  • Subject to more restrictive special rules that may apply to Proceeds of the Obligation, such as the more restrictive special rules applicable to expenditures of Proceeds for Restricted Working Capital Expenditures (see, Bond- Proceeds- Spent -Last Accounting Method), and except as otherwise noted in the immediately succeeding sentence, the County will use a specific tracing method, consistently applied, to account for expenditures of Proceeds of the Obligation for purposes of Code § §148 and 141.

  • While some of the issues discussed herein apply to working capital grants, this paper does not focus on grant financing are beyond the scope of this paper.2 De-Minimis Working Capital Expenditures To the extent the working capital expenditures to be financed are de-minimis, proceeds of tax-exempt bonds are treated as spent on or allocated to those expenditures as if those expenditures were for a capital project, i.e., the “proceeds-spent-last” rule, discussed below, does not apply.

  • Types of expenditures eligible for reimbursement include expenditures for a Capital Project, De Minimis Working Capital Items, Extraordinary Working Capital Items and Grants (but not Restricted Working Capital Expenditures).

  • The Financial Accounting & Reporting Branch (FARB) is to perform research necessary to close canceling year direct entered obligations and perform close out on Greenbook, Working Capital Expenditures, Cooperative Agreements, and Interagency Agreements.

  • Restricted Working Capital Expenditures – “Proceeds-Spent-Last” The third category, restricted working capital expenditures, is the category that relates to using the proceeds of tax-exempt bonds to pay for non-capital expenses (e.g., operating expenses), other than those described above.

  • Except for De Minimis Working Capital Items, no Working Capital Expenditures of the County or any Related Party are being financed directly or indirectly with Proceeds of the Obligation.

  • The Financial Accounting & Reporting Branch (FARB) will perform research necessary to close the canceling year direct entered obligations and perform close outs on Greenbook, Working Capital Expenditures, Cooperative Agreements, and Interagency Agreements.

Related to Working Capital Expenditures

  • 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.

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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).

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

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Capital Expenditure means expenditure on:

  • 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 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.

  • 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).

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Working Capital means, on any date, Current Assets less Current Liabilities.

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

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

  • Target Working Capital means $0.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • 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.

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

  • 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.

  • Unfunded Capital Expenditures means Capital Expenditures made through Revolving Advances or out of Borrowers’ own funds other than through equity contributed subsequent to the Closing Date or purchase money or other financing or lease transactions permitted hereunder.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.