Capital Replacements definition

Capital Replacements means replacements and renewals of FF&E at the Facility and such repairs, maintenance, alterations, improvements, renewals and replacements to the Facility building and its mechanical systems which are classified as capital expenditures under GAAP.
Capital Replacements means any alteration or rebuilding or renovation of the Facility, and any replacement of Furnishings and Equipment, the cost of which is capitalized and depreciated, rather than being expensed, applying generally accepted accounting principles.
Capital Replacements means, collectively, replacements and renewals to the FF&E and Repairs which are normally capitalized under the Accounting Principles.

Examples of Capital Replacements in a sentence

  • All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property.

  • No direct payment shall be made for the cost associated with removing, storage and transporting or disposing of signs as shown on the plans, or as directed by the engineer.

  • IT Capital Replacements The earmarked reserve is to cover the future capital replacement cost of the Authority’s IT capital equipment and infrastructure where the timing of future investment and the pace of technology improvements is too uncertain to include as a specific budget cost in the three year Business Plan.

  • First, replace $15,000 in the Capital Replacements Fund and $172,500 in the Initiative & Innovation Reserve Fund, against the draws that were taken in 2015, to follow policy requirements.

  • Borrower will at all times have the sole responsibility for ensuring that all Capital Replacements are completed in accordance with all such requirements of any Governmental Authority.


More Definitions of Capital Replacements

Capital Replacements means, with respect to any Individual Property, repairs, replacements and improvements which are capitalized under GAAP.
Capital Replacements means, for any period and with respect to any Person, the Borrowing Group’s Share of capital additions that are deemed to replace the portion of acquired capital assets (excluding capital additions for casualties, accidents and redevelopment and the Borrowing Group’s Share of capital additions that are made to enhance the value, profitability or useful life of an asset as compared to its original purchase condition) that was consumed in the ordinary course of business during the period that such Person owned such asset.
Capital Replacements means any alteration or rebuilding or renovation of the Facility, and any replacement of Furnishings and Equipment, the cost of which is capitalized and depreciated rather than being expensed under GAAP.
Capital Replacements means, collectively, replacements and renewals to the FF&E and Capital Additions.
Capital Replacements shall have the meaning set forth in Section 5.1d.
Capital Replacements. The substitution, ofany Units of Property for other Units of Property constituting a part of the Transmission System, where such substitution does not constitute an enlargement or improvement ofthat for which it is substituted, which in accordance with Accounting Practice would be capitalized.
Capital Replacements means investments of new property undertaken to replace a unit of property comprising a portion of the Upgrades which, in accordance with Good Utility Practice, should be replaced rather than repaired. Cricket Valley shall reimburse CL&P Owner for the total installed costs of any Capital Replacements to the Upgrades. Document Content(s) 92-4c49a189-4696-42d2-a86a-a3807b9544d4.PDF. 1-23