ANCF Capital Expenditures definition

ANCF Capital Expenditures means capital expenditures made by Restricted Persons on the Eligible Mortgaged Properties, to the extent the same either (a) have been approved by Required Holders at the time in question by means of an Approval Letter, or (b) are included in the Approved Plan of Development, as then in effect (excluding (i) capital expenditures paid for with proceeds of Loans hereunder and (ii) any Excess Drilling & Completion Costs).
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ANCF Capital Expenditures. ANCF Hierarchy," "ANCF LOE," "ANCF Overhead Costs," "ANCF Transportation Costs," and "Affiliates' ANCF" have the meanings given to such terms in the Intercreditor Agreement.
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ANCF Capital Expenditures means (i) capital expenditures made or to be made by Company in the Texas Project Area, to the extent the same either (a) have been approved by Required Lenders at the time in question by means of an Approval Letter, or (b) are included in the Approved Plan of Development, as then in effect; (ii) other capital expenditures not included in the Approved Plan of Development that do not in the aggregate exceed $50,000 in any Calculation Quarter, and (iii) payments on capital leases that are permitted under Section 6.1(d).
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Examples of ANCF Capital Expenditures in a sentence

  • Except for ANCF Capital Expenditures, the Restricted Persons will not incur or otherwise become liable for any capital expenditures.

  • Except for ANCF Capital Expenditures and Other Permitted Capital Expenditures, Company and its Subsidiaries will not incur or otherwise become liable for any capital expenditures.

  • Borrower, Aviva Petroleum, and Aviva ---------------------------- America hereby agree that no Related Person will hereafter make any capital expenditure other than ANCF Capital Expenditures and Additional Approved Capital Expenditures.


More Definitions of ANCF Capital Expenditures

ANCF Capital Expenditures means capital expenditures made or to be made by Company on the Eligible Mortgaged Properties, to the extent the same either (a) have been approved by Required Lenders at the time in question by means of an Approval Letter, or (b) are included in the Approved Plan of Development, as then in effect; provided that if a Default or Event of Default exists during any Calculation Quarter, then "ANCF Capital Expenditures" for such Calculation Quarter shall be zero or such other amount as may be determined by the Administrative Agent in its sole discretion.
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ANCF Capital Expenditures means Capital Expenditures made by Company or any of its Subsidiaries, to the extent the same either (a) have been approved by Required Holders at the time in question by means of an Approval Letter, (b) are made using proceeds of an asset sale or disposition permitted hereunder or using proceeds of a casualty event to the extent permitted hereunder, or (c) are included in the Approved Plan of Development, as then in effect (excluding in all cases all capital expenditures paid for with proceeds of Loans hereunder).
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ANCF Capital Expenditures means capital expenditures made or to be ------------------------- made by the Related Persons that are described on Schedule I hereto. 'ANCF XXX' means the following leasehold operating expenses and other -------- field level or lease level charges ("XXX") of the Related Persons for operations on properties which are Collateral: (i) XXX for Aviva America's Main Pass and Breton Sound properties, not to exceed in any year Aviva America's XXX for 1997; and (ii) the actual costs of the Related Persons for XXX with respect to properties that are Collateral and that are operated by unaffiliated third parties, provided that all such costs are negotiated with, and paid to, such third parties in arms-length transactions on terms which are reasonable in the area of operations at the time such prices are agreed to.
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ANCF Capital Expenditures means (i) capital expenditures made or to be made by the Borrower on the Eligible Mortgaged Properties, to the extent the same either (a) have been approved by Required Lenders, or (b) are included in the Approved Plan of Development, as then in effect; (ii) other capital expenditures not included in the Approved Plan of Development that do not in the aggregate exceed $50,000 in any fiscal quarter, and (iii) payments on capital leases that are permitted under Section 6.01(f).
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Related to ANCF Capital Expenditures

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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).

  • 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.

  • 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.

  • 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).

  • Capital Expenditure means expenditure on:

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

  • 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.

  • Non-Financed Capital Expenditures means Capital Expenditures not financed by the seller of the capital asset, by a third party lender or by means of any extension of credit by Lender other than by means of an Advance under the Revolving Credit Facility.

  • Unfunded Capital Expenditures means those Capital Expenditures which are not financed by Funded Debt.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Exploration Expenditures means the sum of:

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

  • Expenditure Incurred means the fund, whether the equity or debt or both, actually deployed and paid in cash or cash equivalent, for creation or acquisition of a useful asset and does not include commitments or liabilities for which no payment has been released;

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor. This definition does not apply to expenditures by the department of transportation for road and bridge construction projects which receive federal funds under section 112(b) of title 23 of the United States Code, 23 U.S.C. 112, 23 C.F.R. 635.104(a), and other applicable federal law until federal law recognizes small businesses owned by persons with disabilities.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and