Consolidated Growth Capital Expenditures means, for any period, any Consolidated Capital Expenditures for such period relating to the construction or opening after the Closing Date of new restaurants owned or operated by a Borrower or any of its Subsidiaries.
Consolidated Growth Capital Expenditures means Capital Expenditures of the Borrower and its Subsidiaries on a consolidated basis for growth (including, but not limited to, New Construction, expenditures for increases to restaurant capacity and expenditures in connection with Permitted Acquisitions).
Consolidated Growth Capital Expenditures means Consolidated Capital Expenditures that are incurred as a result of the closing of contracts with new customers, as well as the expansion of business with existing customers.
Examples of Consolidated Growth Capital Expenditures in a sentence
In the case of a Revolving Credit Borrowing for the purpose of financing Consolidated Growth Capital Expenditures, Excess Revolver Availability shall not be less than (i) $3,000,000 at any time through the first Fiscal Quarter of Fiscal Year 2017 and (ii) $5,000,000 at any time thereafter, in each case after giving effect to such Revolving Credit Borrowing.
They also have a big responsibility in maintaining those aircraft in perfect condition.
More Definitions of Consolidated Growth Capital Expenditures
Consolidated Growth Capital Expenditures means, for any Measurement Period, (a) any Consolidated Capital Expenditures relating to the construction or opening after the Closing Date of new restaurants owned or operated by Parent or any of its Subsidiaries less (b) any capitalized interest expense with respect to expenditures described in the foregoing clause (a).
Consolidated Growth Capital Expenditures for any period, all Capital Expenditures of the Borrower and its Subsidiaries for such period representing the purchase price for, or other costs associated with the acquisition, construction or expansion of, a facility owned or operated by the Borrower or any Subsidiary; provided, that in determining Consolidated Growth Capital Expenditures for any period which includes any date on or prior to the date of Disposition of the Transferred Properties, all Capital Expenditures that are attributable to the Transferred Properties shall not be included.
Consolidated Growth Capital Expenditures means, for any period, (a) any Capital Expenditures relating to the construction or opening of new restaurants owned or operated by Borrower or any of its Subsidiaries or the remodeling of restaurants owned or operated by Borrower or any of its Subsidiaries less (b) any capitalized interest expense with respect to expenditures described in the foregoing clause (a).
Consolidated Growth Capital Expenditures means, for any period, any Consolidated Capital Expenditures for such period relating to the construction or opening after the Closing Date of new Restaurants or the remodeling of any existing Restaurants.
Consolidated Growth Capital Expenditures means, for any period, any Capital Expenditures for such period relating to (i) the construction or opening after the Closing Date of new Restaurants, (ii) the remodeling of any existing Restaurants or (iii) improvements to the headquarters, distribution centers and/or warehouses of the Borrower and its Subsidiaries. For the avoidance of doubt, Capital Expenditures occurring prior to December 31, 2024 related to the replacement of building and monument signs at Good Times Burgers & Frozen Custard restaurants shall be included in this definition hereof.
Consolidated Growth Capital Expenditures means, as of any date of determination, Capital Expenditures in respect of new commitments for the purchase or other acquisition of any fixed or capital asset to be used for the development of new T.G.I. Friday’s Unit Locations by a Loan Party (including, without limitation, entering into any new lease, purchase agreement, construction contract or other arrangement relating to the acquisition, development, or build out of property in connection with the opening or anticipated opening of a new T.G.I. Friday’s Unit but excluding normal replacements and maintenance which are properly charged to current operations and expenditures made in compliance with any then existing binding commitments for the purchase or other acquisition or lease or other arrangement for the development of new T.G.I. Friday’s Unit Locations).
Consolidated Growth Capital Expenditures means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, all capital expenditures, as determined in accordance with GAAP, other than (a) Consolidated Maintenance Capital Expenditures, (b) any expenditures made with proceeds of any Involuntary Disposition to the extent such expenditures are used to purchase Property that is the same as or similar to the Property subject to such Involuntary Disposition and (c) Acquisitions consummated prior to the Closing Date and Permitted Acquisitions consummated after the Closing Date.