Construction Expenditures definition

Construction Expenditures means Capital Expenditures allocable to the cost of real property (including the construction or making of improvements to real property, but excluding acquisitions of interests in land or other existing real property) or constructed personal property within the meaning of Regulations §1.148-7(g).
Construction Expenditures means those Expenditures recorded after a production decision and before the completion date of the mine;
Construction Expenditures means capital expenditures (as defined in Treasury Regulation Section 1.150-1) that are allocable to the cost of Real Property or Constructed Personal Property. Construction Expenditures do not include expenditures for acquisitions of interests in land or other existing Real Property.

Examples of Construction Expenditures in a sentence

  • Construction Expenditures Based on construction expenditures for the most recent calendar year.

  • Generator has agreed to pay (paid) to Manitoba Hydro the full amount of the Construction Expenditures in advance by installments on account of the Construction Expenditures, such that the installments received are sufficient to allow Manitoba Hydro to have funds in its possession reasonably in excess of the amount required to pay for work to be performed prior to the next installment.

  • Construction Expenditures - Based on construction expenditures for the most recent calendar year.

  • The amount of Construction Expenditures is estimated, as of the Effective Date, to be ● ($●) plus applicable GST.

  • Manitoba Hydro shall have the right to adjust the estimated Construction Expenditures and the amount of the cash deposit(s) required from Generator as construction advances if actual Construction Expenditures begin to exceed the estimate.


More Definitions of Construction Expenditures

Construction Expenditures means the total expenditures made through any given date for project costs of all construction projects on Real Property which expenditures with respect to each such construction project shall be counted until a valid notice of completion with respect to all of such construction project is recorded in the official records of the county in which such project is located.
Construction Expenditures means capital expenditures (as defined in Section 1.150-1 of the Regulations) that are allocable to the cost of Real Property or Constructed Personal Property. Construction Expenditures do not include expenditures for acquisitions of interests in land or other existing Real Property.
Construction Expenditures means capital expenditures that are allocable to the cost of real property or constructed personal property. Except as provided below, construction expenditures do not include expenditures for acquisitions of interests in land or other existing real property. Expenditures are not for the acquisition of an interest in existing real property other than land if the contract between the seller and the Qualified Agency requires the seller to build or install the property (e.g., a turnkey contract), but only to the extent that the property has not been built or installed at the time the parties enter into the contract. Constructed personal property means tangible personal property (or, if acquired pursuant to a single acquisition contract, properties) or specially developed computer software if: (i) A substantial portion of the property or properties is completed more than 6 months after the earlier of the date construction or rehabilitation commenced and the date the Qualified Agency entered into an acquisition contract; (ii) based on the reasonable expectations of the Qualified Agency, if any, or representations of the person constructing the property, with the exercise of due diligence, completion of construction or rehabilitation (and delivery to the Qualified Agency) could not have occurred within that 6-month period; and (iii) if the Qualified Agency itself builds or rehabilitates the property, not more than 75 percent of the capitalizable cost is attributable to property acquired by the Qualified Agency (e.g., components, raw materials, and other supplies). Specially developed computer software means any programs or routines used to cause a computer to perform a desired task or set of tasks, and the documentation required to describe and maintain those programs, provided that the software is specially developed and is functionally related and subordinate to real property or other constructed personal property. Costs of Issuance – the “costs of issuance,” as provided in the Authorizing Law and defined in the Resolution, incurred in connection with the issuance of the Notes.
Construction Expenditures means, except as otherwise provided, Capital Expenditures allocable to the cost of real property or constructed personal property. Construction Expenditures do not include expenditures for acquisitions of interests in land or other existing real property, unless the contract between the seller and the County requires the seller to build or install the property (e.g., a "turnkey contract "), but only to the extent that the property has not been built or installed at the time the parties enter into the contract.
Construction Expenditures means capital expenditures (i.e., costs of a type that are properly chargeable to a capital account, or that would be so chargeable with a proper election under general federal income tax principles or with the application of the definition ofPlaced in Service”) that, on or before the date the property financed by the expenditures is placed in service, are allocable to the cost of (i) Constructed Personal Property or (ii) Real Property (other than expenditures for the acquisition of any interest in land and the acquisition of any interest in existing Real Property other than land, except that expenditures are not for the acquisition of an interest in existing Real Property other than land if the purchase contract requires the seller to build or install the property (such as under a “turnkey contract”) and the property has not been built or installed at the time the parties enter into the contract, provided that, if the property has been partially built or installed at the time the parties enter into the contract, expenditures that are allocable to the portion of the property built or installed before that time are expenditures for the acquisition of existing Real Property).
Construction Expenditures shall have the meaning ascribed thereto in Section 4.2;
Construction Expenditures means the expenditures set forth on the Construction Expenditures Budget.