Capital Addition definition

Capital Addition means, with respect to any Property, any renovation, repair or improvement to such Property, the cost of which constitutes a Capital Expenditure.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of the Leased Improvements with respect to the Leased Property, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on the Leased Property in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the number of units of the Facility, to change the purpose for which such units are utilized or to improve materially the quality of the Facility, or any related improvement whose cost would be treated as a capital expenditure under GAAP.

Capital Addition means a fixed-asset addition or modification to the Facility or any other Waste Facility or Waste Facilities, with a dollar cost greater than ten (10) million dollars ($10,000,000.00).

Examples of Capital Addition in a sentence

• The Transmission Owners will engage in reasonable efforts to commence and complete a Transmission System Capital Addition to add the new facilities required for the requested interconnection only after the requesting party executes a single multi-party interconnection agreement with the Transmission Owners.

• Any increase in the transmission capacity of a Segment of the Transmission System that results from such Transmission System Elective Capital Addition shall be allocated among the Participating Transmission Owners in proportion to each Participating Transmission Owner’s payment of Costs of Transmission System Construction of the Transmission System Elective Capital Addition.

• The Costs of Transmission System Construction of the Transmission System Elective Capital Addition shall be determined and paid for by the Participating Transmission Owners in proportion to the respective Requirements Shares of the Participating Transmission Owners in each Segment to which the addition is made unless the Participating Transmission Owners agree to a different allocation among the Participating Transmission Owners within the one hundred twenty (120) day period set forth in Section 22(j).

• Title to all additions, whether a Capital Addition or non-Capital Addition, modifications and improvements shall, without payment by Landlord at any time, be included under the terms of this Lease and, upon expiration or earlier termination of this Lease, shall pass to and become the property of Landlord; provided, however, that all personal property and equipment of Tenant, regardless of whether affixed to the Leased Property, shall remain Tenant’s property.

• Any such request shall be in writing, shall be signed by the Director of Finance of the City, shall set forth the amount requested and shall be accompanied by appropriate ordinance of City Council authorizing the Capital Addition and an increase of the rentals due under this Lease, or any supplement thereto, to pay the debt service of any obligation incurred by the Authority for the Capital Addition.

More Definitions of Capital Addition

Capital Addition shall have the meaning ascribed to such term in Section 5.08.A hereof.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of any of the Leased Improvements, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including, but not limited to, the construction of a new wing or new story, the renovation of existing improvements on the Leased Property in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the bed capacity of the Facility, to change the purpose for which such beds are utilized or to improve the quality of the Facility.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of the Leased Improvements with respect to any one (1) or more of the Leased Properties, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on any one (1) or more of the Leased Properties in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the number of units of the applicable Facility, to change the purpose for which such units are utilized or to improve materially the quality of the applicable Facility, or any related improvement whose cost would be treated as a capital expenditure under GAAP.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of any of the Leased Improvements with respect to any of the Collective Leased Properties, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on any of the Collective Leased Properties in order to provide a functionally new facility needed to provide services not previously offered, or any material expansion, construction, renovation or conversion in order to increase by more than 10% the bed capacity of any Facility, to change the purpose for which such beds are utilized or to improve materially the quality of any Facility.

Capital Addition means any renovation, repair or improvement to the Property (or portion thereof), the cost of which constitutes a Capital Expenditure.

Capital Addition means any renovation, repair or improvement ---------------- to the Leased Property (or portion thereof), the cost of which constitutes a Capital Expenditure and the making or implementation of which requires "Owner's" consent under the Management Agreement.

Capital Addition means one or more new buildings, or one or more additional structures annexed to any portion of any of the Leased Improvements with respect to any of the Collective Leased Properties, or the material expansion of existing improvements, which are constructed on any parcel or portion of the Land during the Term, including the construction of a new wing or new story, the renovation of existing improvements on any of the Collective Leased Properties in order to provide a functionally new facility needed to provide services not previously offered, or any expansion, construction, renovation or conversion in order to increase the number of units of any Facility to change the purpose for which such units are utilized or to improve materially the quality of any Facility.