Capex Requirement definition

Capex Requirement means, with respect to the utilization for Capital Expenditures of the Net Available Cash from any Asset Sale, Monetization, Insurance Event or incurrence of secured Indebtednesstransaction covered by any of those clauses of Section 3.1.1(c) which include a statement referring to the Capex Requirement, the requirement that, if such Net Available Cash is derived from assets owned by the Borrower, any Pledged Entity or any Subsidiary of a Pledged Entity, such Net Available Cash may only be used to make Capital Expenditures by the Borrower, any Pledged Entity or any Subsidiary of a Pledged Entity.
Sample 1

Examples of Capex Requirement in a sentence

  • The results of operations for the three months and six months ended June 30, 2019, are not necessarily indicative of the results to be expected for the full year ending December 31, 2019.Pursuant to the rules and regulations of the SEC, the accompanying condensed consolidated financial statements do not include all of the information and notes normally included with financial statements prepared in accordance with U.S. GAAP.

  • No.Items Description Capex Requirement in 1st YearNo. of Items to be Procured in 1st YearCapex Requirement in 2nd YearNo. of Items to be Procured in 2nd YearTotal Amount Component Wise (INRin Crore) development.

  • Refer to Endeavour Energy – 10.07 STPIS Proposal & Reliability Licence Conditions Compliance Capex Requirement – March 2018 – Public.

  • No.Items Description Capex Requirement in 1st YearNo. of Items to be Procured Yearin1stCapex Requirement in 2nd YearNo. of Items to be Procured Yearin2ndTotal Amount Component Wise (INRin Crore) S.

  • TSO Scenarios: Net PR5 Network Capex Requirement (€m)€2,500 m€2,023 m€2,000 m€1,500 m€1,067 m€1,000 m€944 m €500 m€0 mBusiness as UsualEmbracing Change [Proposal]UnconstrainedFigure 5 Capex Scenarios and Forecast Capex Requirement For its non-network Capex proposals, EirGrid has set out its request in two parts.

  • Milan – November 2010 - Piquadro Group half year resultsFLEXIBLE AND EFFICIENT BUSINESS MODEL Low Capex Requirement Lean Cost Structure Efficient Procurement Flexible Production Retail developmentDuring the semester ended September 30, 2010 Piquadro SpA has purchased the remaining 50% stake of Unibest factory in China from the previous partners.Just after the acquisition new manufacturing plant approx.

  • The research stated that it empowered the public and led to the design and implementation of more effective solutions to complex social and environmental problems.From the above theories and scholars’ concepts of government policy (GP), the following three items were therefore placed into the research framework.

  • The occurrence of a Trigger Event referred to in paragraph 5 of Trigger Events shaII be remedied on any subsequent date if the Capex Reserve FaciIity Amount is equaI to or greater than the Net Capex Requirement for the tweIve months immediateIy foIIowing the reIevant CaIcuIation Date.

  • With regard to the service target performance incentive scheme, a revised proposed scheme covering changes to the exclusion methodology for reliability is set out in Endeavour Energy– 10.07 STPIS Proposal & Reliability Licence Conditions Compliance Capex Requirement – March 2018 – Public.

  • Capex Requirement (Nos)FY 2021-22FY 2022-23FY 2023-24FY 2024-25FY 2025-261.

Related to Capex Requirement

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the relevant Standard applicable to such Reference Entity or, if no such amount is specified, U.S.$10,000,000 or its equivalent in the relevant Obligation Currency, in either case as of the occurrence of the Credit Event.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Capital Requirements Directive means Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, as amended or replaced from time to time.

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Liquidity Requirement shall have the meaning as set forth in Section 2.12(b).