CapEx Adjustment Amount means $1 million in cash.
CapEx Adjustment Amount has the meaning provided such term in Exhibit A.
CapEx Adjustment Amount means, as of immediately prior to the Closing, an amount of Dollars equal to the aggregate Capital Expenditures paid by the Company immediately prior to the Closing with respect to the Excess Compression Units, less the aggregate Capital Expenditures set forth in Exhibit E with respect to the Budgeted Compression Units that are not paid by the Company immediately prior to the Closing. For the avoidance of doubt, the CapEx Adjustment Amount will include both partial payments and full payments for the Excess Compression Units.
Examples of CapEx Adjustment Amount in a sentence
As used herein the “Net Debt Adjustment Amount” shall mean an amount equal to (u) the Final CapEx Adjustment Amount minus (v) the Estimated CapEx Adjustment Amount plus (w) the Final Closing Date Indebtedness Amount minus (x) the Estimated Closing Date Indebtedness Amount minus (y) the Estimated Cash plus (z) Final Cash.
The preparation of the Closing Statement shall be for the sole purpose of determining differences in Closing Working Capital from Estimated Net Working Capital, and for determining Cash, Closing Date Indebtedness Amount and the CapEx Adjustment Amount as of the Closing.
More Definitions of CapEx Adjustment Amount
CapEx Adjustment Amount means, as of 12:01 a.m. Eastern Time on the Closing Date and without duplication, an amount (which may be positive or negative) equal to (i) (A) the aggregate amount of Identified CapEx plus (B) the aggregate amount of Agreed CapEx, m inus (ii) the aggregate amount of Identified CapEx Shortfall.
CapEx Adjustment Amount means (x) the lesser of (i) $965,000 and (ii) one-half of the amount by which the aggregate amount of capital expenditures related to future sales by the Company and its Subsidiaries to NAPA Autoparts that are included in the CapEx Budget under the row labeled “NAPA Project Total” that are made by the Company or its Subsidiaries prior to the Closing exceeds $2,450,000, minus (y) the amount by which the aggregate amount budgeted for capital expenditures by the Company and its Subsidiaries as set forth on the CapEx Budget (including, for the avoidance of doubt amounts described in clause (x)) for the period from and after March 1, 2006 to the Closing exceeds the actual amount of capital expenditures by the Company and its Subsidiaries for such period (provided, however for the purposes of calculating the CapEx Adjustment Amount, in no event shall clause (y) be less than zero). In calculating the CapEx Adjustment Amount, in the event that the Closing occurs on a date that is prior to the last Business Day of any calendar month, the budgeted capital expenditures for such month shall be pro rated based on the total number of Business Days in such month that have elapsed.
CapEx Adjustment Amount means, with respect to a Contributing Party’s Target Group, an amount equal to fifty percent (50%) of the CapEx Deficit of such Contributing Party’s Target Group.
CapEx Adjustment Amount means an amount (which may be positive or negative) equal to (1) the amount of Authorized Capex, minus (2) the aggregate of the amounts set forth on the schedule of Capital Expenditures attached as Exhibit C for the period commencing on November 1, 2011 and ending with the month in which the Closing occurs (prorated for the number of days elapsed in the case of the calendar month during which the Closing occurs). If the Closing is expected to occur after January 31, 2012, Seller shall deliver to Buyer, at least ten (10) Business Days prior to
CapEx Adjustment Amount means
(A) if the Capital Expenditures incurred by the Acquired Companies as of the Effective Time for the operations and capital projects associated with the Capital Expenditures described in the column titled “Amount Accrued for 11/30/17 (NOT WIP)” on Schedule 3.24 are less than the amount of such Capital Expenditures set forth in the column titled “Approx. Spent by Dec. 1, 2017 WIP” on Schedule 3.24, the amount, if any, of such shortfall; plus;
(B) if the Capital Expenditures incurred by the Acquired Companies between the Effective Time and the Closing Date for the operations and capital projects associated with the Capital Expenditures described in the column titled “Description” on Schedule 3.24 exceed the amount of such Capital Expenditures set forth in the column titled “Approx. Spend by March 1, 2017 WIP” on Schedule 3.24, the amount, if any, of such excess.
CapEx Adjustment Amount has the meaning set forth in Section 4.7(b).
CapEx Adjustment Amount means the aggregate amount of cash funded by Sellers or their respective Affiliates (including the Purchased Companies and the Purchased Subsidiary) in respect of capital expenditures for the Business, in each case, from and after January 1, 2023 and prior to the Calculation Time, all calculated in accordance with the Accounting Methodologies.