Operator Capital Expenditures Clause Samples

Operator Capital Expenditures. 6 (A) As of the Test Date, Funded Indebtedness of Borrower was $____________ and Funded Indebtedness of Operator was $____________. (B) For the twelve (12) month period ending on the Test Date determined with respect to Borrower and Operator on a consolidated basis, TTM Adjusted EBIDTA was $________________ (determined as set forth below).