Additional Capital Expenditures Amount definition

Additional Capital Expenditures Amount means, for each fiscal year of VHS Holdco I ending on or after June 30, 2010, an amount (not less than $0) equal to the product of (a) .05 multiplied by the remainder of (x) the consolidated net revenue for such fiscal year attributable to Health Care Assets (other than health maintenance organizations, physician practices and the physician practice management business of Watermark Physician Services, Inc.) of the Borrower and its Subsidiaries determined on a Pro Forma Basis less (y) the consolidated net revenue for the fiscal year ended June 30, 2009 attributable to Health Care Assets (other than health maintenance organizations, physician practices and the physician practice management business of Watermark Physician Services, Inc.) of the Borrower and its Subsidiaries (as determined in good faith by an Authorized Officer of VHS Holdco I and set forth in reasonable detail in the Compliance Certificate delivered by VHS Holdco I to the Administrative Agent within 90 days following each fiscal year end of VHS Holdco I pursuant to Section 8.01(d)).
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Additional Capital Expenditures Amount shall have the meaning given in Section 6.08(c).
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Additional Capital Expenditures Amount means, for each fiscal year of the Borrower ending on or after June 30, 2005, an amount (not less than $0) equal to the product of (a) .05 multi­plied by the remainder of (x) the consolidated net revenue for such fiscal year attributable to Health Care Assets (other than health maintenance organizations, physician practices and the physician practice management business of Watermark Physician Services, Inc.) of the Borrower and its Subsidiaries less (y) the consolidated net revenue for the Borrower’s fiscal year ended June 30, 2004 attribut­able to Health Care Assets (other than health maintenance organizations, physician practices and the physician practice management business of Watermark Physician Services, Inc.) of the Borrower and its Subsidiaries (as determined in good faith by an Authorized Officer of the Borrower and set forth in rea­sonable detail in the Compliance Certificate delivered by the Borrower to the Administra­tive Agent within 90 days following each fiscal year end of the Borrower pursuant to Section 8.01(d)).
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More Definitions of Additional Capital Expenditures Amount

Additional Capital Expenditures Amount means, for any fiscal year of the Borrower after its fiscal year ended June 30, 2001, an amount (not less than $0) equal to the product of (a) .05 multiplied by the remainder of (x) the consolidated net revenue for such fiscal year attributable to Health Care Assets (other than health maintenance organizations) of the Borrower and its Subsidiaries less (y) the consolidated net revenue for the Borrower's fiscal year ended June 30, 2001 (determined on a pro forma basis in a manner consistent with the methodology used in preparing the financial statements referred to in Section 7.05(b)) attributable to Health Care Assets (other than health maintenance organizations) of the Borrower and its Subsidiaries (in each case as determined in good faith by an Authorized Officer of the Borrower and set forth in reasonable detail in the Compliance Certificate delivered by the Borrower to the Administrative Agent within 90 days following each fiscal year end of the Borrower pursuant to Section 8.01(d)).
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Additional Capital Expenditures Amount appearing in Section 11.01 of the Credit Agreement is hereby restated in its entirety as follows:
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Additional Capital Expenditures Amount means, (I) for the fiscal year of the Borrower ending June 30, 2003, an amount (not less than $0) equal to the product of (a) .05 multiplied by the remainder of (x) the consolidated net revenue for such fiscal year attributable to Health Care Assets (other than health maintenance organizations, physician practices, the physician practice management business of Watermark Physician Services, Inc. and BHS) of the Borrower and its Subsidiaries less (y) the consolidated net revenue for the Borrower's fiscal year ended June 30, 2002 (determined on a pro forma basis in a manner consistent with the methodology used in preparing the financial statements referred to in Section 7.05(b)) attributable to Health Care Assets (other than health maintenance organizations, physician practices, the physician practice management business of Watermark Physician Services, Inc. and BHS) of the Borrower and its Subsidiaries, and (II) for any fiscal year of the Borrower after its fiscal year ending June 30, 2003, an amount (not less than $0) equal to the product of (a) .05 multiplied by the remainder of (x) the consolidated net revenue for such fiscal year attributable to Health Care Assets (other than health maintenance organizations, physician practices and the physician practice management business of Watermark Physician Services, Inc.) of the Borrower and its Subsidiaries less (y) the sum of (1) the consolidated net revenue for the Borrower's fiscal year ended June 30, 2002 (determined on a pro forma basis in a manner consistent with the methodology used in preparing the financial statements referred to in Section 7.05(b)) attributable to Health Care Assets (other than health maintenance organizations, physician practices, the physician practice management business of Watermark Physician Services, Inc. and BHS) of the Borrower and its Subsidiaries and (2) the net revenue attributable to Health Care Assets of BHS for the fiscal year ended June 30, 2003 (determined on a pro forma basis in a manner consistent with the methodology used in preparing the financial statements referred to in Section 7.05(b)), (in each case as determined in good faith by an Authorized Officer of the Borrower and set forth in reasonable detail in the Compliance Certificate delivered by the Borrower to the Administrative Agent within 90 days following each fiscal year end of the Borrower pursuant to Section 8.01(d)).
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Related to Additional Capital Expenditures Amount

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Net Working Capital Target means $0.00.

  • Target Net Working Capital Amount means $5,000,000.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Target Working Capital Amount means $75,000,000.

  • Independent expenditure means an expenditure by a person: