Approved Capital Plan definition

Approved Capital Plan means the Capital Plan approved by Lender as part of the Approved Budget.

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Approved Capital Plan means a capital plan approved by the Minister under section 31 as read with section 33B(4) ;

Approved Capital Plan means the Capital Plan approved by Owner with respect to the Resort, in accordance with SECTION 4, as modified from time to time with Owner’s approval in accordance with this Agreement. Such Capital Plan shall also be subject to Mortgagee’s approval in accordance with the Loan Agreement.

Examples of Approved Capital Plan in a sentence

Owner will expend such amounts for Capital Expenditures as shall be required, in the course of the operation of the Resort, to maintain, at a minimum, the Resort in compliance with any Legal Requirements and to comply with the Approved Capital Plan and the Loan Agreement.
The Company shall reimburse the Operator for the Third Party Costs incurred by the Operator in the performance of its obligations under this Agreement in accordance with any Approved Budget (or any Permitted Variance) or Approved Capital Plan.
Without limiting the Parties agreement with respect to an EBITDAM Threshold Adjustment, all deviations and variations from the Approved Capital Plan shall be subject to Resort Owner’s Approval.
Without limiting the Parties agreement with respect to an EBITDAM Threshold Adjustment as set forth in Section 8.2.1, all deviations and variations from the Approved Capital Plan shall be subject to Resort Owner’s Approval.
The Parties recognize that further Resort Owner's Approvals will be required with respect to the implementation of all major projects set forth in the Approved Capital Plan (“major project” being defined as any project with a budgeted aggregate expenditure in excess of One Hundred Thousand U.S. Dollars and no/100 ($100,000.00)).
Resort Owner will expend such amounts for Capital Expenditures as shall be required, in the course of the operation of the Resort, to maintain, at a minimum, the Resort in compliance with any Legal Requirements and to comply with the Approved Capital Plan.
Manager shall have no right to incur Capital Expenditures without Resort Owner’s Approval except in accordance with the Approved Capital Plan.

More Definitions of Approved Capital Plan

Approved Capital Plan has the meaning set forth in Section 4.09(b).

Approved Capital Plan means the Capital Plan approved by Lender as part of the Budget.

Approved Capital Plan means a capital plan approved by the Minister under head 56 as read with head 57;

Approved Capital Plan means the current capital plan of a school board as approved under section 142 of the School Act;