Excess Capital Expenditures definition

Excess Capital Expenditures has the meaning provided such term in Section 8.2(b)(ii).

Excess Capital Expenditures means the aggregate amount of Capital Expenditures (other than Permitted New Fiber Cap Ex) made during a given fiscal year in excess of $25,000,000;

Excess Capital Expenditures. As defined in Subsection 4.4(b).

Examples of Excess Capital Expenditures in a sentence

• All Excess Capital Expenditures must be approved by the written consent of a Majority of the Owners.

• If any Net Operating Expenses or Excess Capital Expenditures that were originally not paid when due are subsequently repaid by a Defaulting Owner, the Manager shall give each Nondefaulting Owner a credit in the amount of any additional Net Operating Expenses paid by such Nondefaulting Owner as a result of this Section toward such Nondefaulting Owner’s next payments of estimated Net Operating Expenses.

• If, on the basis of such Capital Expenditures Report, Tenant is entitled to a payment of any Excess Capital Expenditures Amount as described in Section 7.6.1 above, then, notwithstanding anything to the contrary, such payment shall be due and payable to Tenant only as and when the conditions of Section 3.1 or 3.2 for the return of the Security Deposit or Letter of Credit, as applicable, have been met.

• The Manager shall give notice of each Annual Meeting to all Owners in writing at least thirty (30) days in advance and in accordance with Section 9.1. The Annual Meeting shall include a period for comments and open discussion by the Owners regarding any outstanding issues related to the Parking Area, and shall also include, if necessary, a special vote of the Owners to approve any Excess Capital Expenditures.

More Definitions of Excess Capital Expenditures

Excess Capital Expenditures means the difference of (A) the amount of capital expenditures reasonably paid, incurred or committed to by Seller between the Execution Date and the date of the termination of this Agreement for capital expenditure projects made as a result of the written request of Buyer, and that Seller would not have reasonably been expected to be made or incurred in absence of this Agreement or Buyer’s request and (B) the amount of capital expenditures that Seller could reasonably have been expected to be paid, incurred or committed to by Seller and its Affiliates, between the Execution Date and the date of termination of this Agreement, in the absence of this Agreement. Seller’s notice pursuant to this Section 8.2(b) shall contain Seller’s calculation of the amount to be reimbursed pursuant to this Section 8.2(b) together with a reasonably detailed explanation and supporting detail of the calculation thereof.

Excess Capital Expenditures means, with respect to any fiscal year of the Company, the portion of the aggregate amount of consolidated Capital Expenditures of the Company and its Subsidiaries made during such fiscal year that exceeds the consolidated Depreciation Expense of the Company and its Subsidiaries for such fiscal year.

Excess Capital Expenditures means all capital expenditures made in cash by the Company or any of its Restricted Subsidiaries that are in excess of $15 million in the applicable twelve-month period.

Excess Capital Expenditures shall have the meaning set forth in

Excess Capital Expenditures shall have the meaning set forth in Section 1.4(b).

Excess Capital Expenditures means the amount by which Capital Expenditures exceed $650,000 in each period; provided that this amount shall be $200,000 for Period One and $650,000 times the Second Adjustment for Period Five.

Excess Capital Expenditures means the aggregate amount by which (a) capital expenditures of the Company and its Subsidiaries following the date hereof approved in writing by an executive Officer of Micron after the date hereof exceed (b) the aggregate amount of capital expenditures set forth in the Approved Capital Expenditure Plan (including any extension thereof contemplated by the definition thereof). For the avoidance of doubt, capital expenditures covered by clause (B) of Section 6.1(b)(i) or set forth on the Disclosure Letter shall not be considered approved in writing by an executive Officer of Micron for purposes of this definition of “Excess Capital Expenditures”.