Additional Capital Costs definition

Additional Capital Costs means, in terms of any Drawdown by the Borrower under the Tranche B-2 Facility Amount, the higher of the following two items: (a) the TAIFX3 rate minus the LIBOR minus 0.30% of the annual interest rate, or (b) zero.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Additional Capital Costs means the interest amount calculated by applying a rate of interest equal to 10% per annum to Buyer’s portion of the Adjusted Gain Amount attributable to any Payment by Assignee to Seller from the date of such receipt by Seller up to and including the date of payment to Buyer of such portion of the Adjusted Gain Amount (together with the related Additional Capital Costs) pursuant to Article 10.1(b)(v)(G). The interest amount shall be calculated on a daily basis based on a 360-day year. For the avoidance of doubt, assuming 450 days elapse from the date Seller received a payment from Assignee until the date Buyer’s portion of the Adjusted Gain Amount attributed to such Payment is paid to Buyer, Buyer’s Additional Capital Costs would be calculated by multiplying the amount of the payment by a fraction, the numerator of which would be 450 and the denominator of which would be 360 and the product of which would be multiplied by 10%.

Additional Capital Costs means the capital cost of any expansion or expansions to the Systems as described in section 61 of this Agreement. For clarity, Additional Capital Costs does not include capital repairs, replacements and rehabilitation work to the Systems.

Examples of Additional Capital Costs in a sentence

To the extent any Additional Capital Costs are paid between the date of this Agreement and the Closing, then this Agreement will be amended as of the Closing to amend the Gathering Fees under the SES Gathering Agreement to increase such Gathering Fees by an amount that would provide to Buyer and New NGAS Gathering a 20% IRR (meaning an IRR with an IRR Specified Discount Rate equal to 20%) on all such Additional Capital Costs over the remaining term of such SES Gathering Agreement.
Cabot's Additional Capital Costs for Tuscola Unit C for the preceding quarter.
In addition, Seller shall pay to Buyer its Additional Capital Costs, if any, at the time any payments are made to Buyer pursuant to Article 10.1(b)(v)(C); it being AIRCRAFT PURCHASE AGREEMENT understood that such reimbursement shall not be made from any Payments or affect the calculation of the Adjusted Gain Amount or Gain Amount.
To the extent any Additional Capital Costs are paid between the date of this Agreement and the Closing, then the above-described amendments to this Agreement relating to the Gathering Fees under the SES Gathering Agreement shall correspondingly result in a similar increase in the Gathering Fees under the NAESB Purchase Agreement.
In addition, Seller shall pay to Buyer its Additional Capital Costs, if any, at the time any payments are made to Buyer pursuant to Article 10.1(b)(v)(C); it being understood that such reimbursement shall not be made from any Payments or affect the calculation of the Adjusted Gain Amount or Gain Amount.
The parties hereby amend the table on Exhibit 4 of the Agreement by replacing it with the table on Exhibit 5 under the descriptive heading Developer’s Additional Capital Costs and Totals.
As used herein, "Additional Capital Costs" shall mean [ ] In the event that Additional Capital Costs are required to keep Tuscola Unit C [ ] and are likely to exceed $[ ], Cabot shall promptly notify CMC in advance of making such CABOT MICROELECTRONICS CORPORATION - CABOT CORPORATION CONFIDENTIAL Page 22 of 35 , -------- -------- expenditures, and the Parties shall review the basis for such Additional Capital Costs and attempt to develop a plan to control such costs.
The Developer’s Additional Capital Costs are Developer’s Capital Costs and are subject to reimbursement as such under the conditions indicated in the Agreement.
Additional Capital Costs shall not include [ ] CMC shall reimburse Cabot for Additional Capital Costs within 60 days after the completion of the quarter in which they were incurred, provided in the event such Additional Capital Costs are expected to exceed $[ ], the Parties may agree to amortize such expenditures over an agreed upon time period.

More Definitions of Additional Capital Costs

Additional Capital Costs means expenditures for a Facility, other than any such expenditures included in the calculation of Total Project Costs, that are not expensed in the year in which they are incurred.

Additional Capital Costs means [*]

Additional Capital Costs means [ ] In the event that Additional Capital Costs are required to keep Tuscola Unit C [ ] and are likely to exceed $[ ], Cabot shall promptly notify CMC in advance of making such CABOT MICROELECTRONICS CORPORATION - CABOT CORPORATION CONFIDENTIAL Page 22 of 35 , -------- -------- expenditures, and the Parties shall review the basis for such Additional Capital Costs and attempt to develop a plan to control such costs. Additional Capital Costs shall not include [ ] CMC shall reimburse Cabot for Additional Capital Costs within 60 days after the completion of the quarter in which they were incurred, provided in the event such Additional Capital Costs are expected to exceed $[ ], the Parties may agree to amortize such expenditures over an agreed upon time period. In all cases of expenditures of Additional Capital, if the expenditure is expected to be greater than $[ ] the expenditure must first be approved by CMC, acting in good faith, which approval will not be unreasonably withheld or delayed or which would result in Cabot violating applicable governmental laws, orders, rules and regulations. CABOT MICROELECTRONICS CORPORATION - CABOT CORPORATION CONFIDENTIAL Page 23 of 35 , -------- --------

Additional Capital Costs is defined in Section 2.5(a)(ii)(3).

Additional Capital Costs shall have the meaning specified in Article 3(i).