Capital Receipt definition

Capital Receipt means any capital receipt reasonably forecast by the Generator to be received in respect of the future disposal of any asset in any particular Contract Year during the relevant Opex Reopener Period and which constitutes capital expenditure for the purposes of paragraph (B) of the definition of “Eligible Opex Costs” in this Clause 1.1 but, for the avoidance of doubt, updated to exclude the Sizewell C payment (being any amount forecast to be payable to the Generator by or on behalf of the Sizewell C Company or otherwise in respect of, or referable to, the Sizewell C Project) and, if such amounts are expressed in Nominal Terms, Deflated and Restated to Real terms and, if such amounts are expressed in Real terms, Rebased to the relevant Opex Reopener Date;
Capital Receipt the same meaning as in paragraph 79 of the Schedule
Capital Receipt the meaning given to that expression by Section 54 of the Act;

Examples of Capital Receipt in a sentence

  • NHSG also state that the organisations ability to meet aspirations of the NHSG AMP (2016-17) is dependent on receiving asset sales on 6 key sites, including the Capital Receipt for the sale of the current site of the Denburn Medical Practice.

  • In the event of Capital Assets being disposed, the amount received from the proceeds of sale will be treated as a Useable Capital Receipt and, subject to the Legislation, will be utilised to repay any loans outstanding on the specific asset sold with any remaining amount applied to borrowings on other assets.


More Definitions of Capital Receipt

Capital Receipt has the meaning given by Section 186(3) of the Taxes Act;
Capital Receipt means in respect of a Participant’s Plan Shares, any money or money’s worth except to the extent that:
Capital Receipt the same meaning as in section 502 of ITEP 2003
Capital Receipt a receipt by the Trustees of money or money's worth in respect of Plan Shares as defined in section 186(3) of the Act; "the Company" Xxxxxx Xxxxxxx, Xxxx Xxxxxx, Discover & Co. ;
Capital Receipt means a capital receipt within the meaning given to that expression in section 502 of Chapter 6 (meaning of “capital receipt” in respect of section 501 of Chapter 6);
Capital Receipt means the same meaning as in section 502 of ITEPA 2003;
Capital Receipt means a capital receipt within the meaning given to that expression in section 502 of ITEPA (Meaning of “capital receipt” in section 501);