Examples of CapEx Budget in a sentence
Governing Body Local Board Renewals Capex Budget • advocate for an increase in Kaipātiki Local Board capex renewal budget to ensure that all community facility assets that have been assessed as category 4 and 5 can be funded for repair or replacement in a timely manner • note that we expect to only be able to afford to renew approximately 80% of category 4 and 5 assets in the coming three-year period.
The Company Business Plan in effect as of the date hereof (the “Initial Company Business Plan”) is attached as Exhibit D hereto, and the 2015 Annual Consolidated Fixed Operating Expense Budget and the 2015 Annual Consolidated Maintenance Capex Budget are attached as Exhibits E and F hereto, respectively.
The funds in the Operation and Maintenance Account must be used exclusively to pay the costs of administration, operation and maintenance of the Project, including taxes, and including, without limitation, the payments to contractors scheduled in the Operational Budget and the Sustaining Capex Budget.