Capital Expenditure definition
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 Expenditure means an expenditure (whether payable in cash or other property or accrued as a liability) for Fixed or Capital Assets, including, without limitation, the entering into of a Capital Lease.
Capital Expenditure means any expenditure treated as capital in nature in accordance with GAAP.
Examples of Capital Expenditure in a sentence
Clauses 13.1.3 to 13.1.6 (inclusive) shall apply in the case of changes to the Operating Fee resulting from a Notice of Change which does not give rise to a change in Capital Expenditure.
The Recipient Entity agrees not to requisition or spend NVTA Bond Proceeds for any Project Cost not constituting a Capital Expenditure.
Clauses 13.2.1 to 13.4.2 (inclusive) shall apply in the case of a Notice of Change which gives rise to a change in Capital Expenditure.
More Definitions of Capital Expenditure
Capital Expenditure means any expenditure that is considered a capital expenditure under Generally Accepted Accounting Principles, consistently applied, including any amount that is required to be treated as an asset subject to a Capital Lease.
Capital Expenditure means expenditure on:
Capital Expenditure means expenditure on:
a) acquiring land and buildings;
b) erecting, enlarging, improving or demolishing any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;
c) installing electrical, mechanical or other services other than necessary repairs and maintenance due to normal wear and tear;
d) buying vehicles;
e) installing and equipping premises with furnishings and equipment, other than necessary repairs and maintenance due to normal wear and tear;
f) installing and equipping premises with computers, networking for computers, operating software and ICT equipment, other than necessary updates or repairs and maintenance due to normal wear and tear;
g) providing and equipping premises, including playing fields and other facilities for social activities and physical recreation other than necessary repairs and maintenance due to normal wear and tear;
h) works of a permanent character other than the purchase or replacement of minor day-to-day items;
i) any major repairs or replacements which are specified as capital expenditure in any grant letter relating to them;
j) such other items (whether like or unlike any of the foregoing) of a substantial or enduring nature which the Secretary of State agrees are capital expenditure for the purposes of this Agreement;
k) professional fees properly and reasonably incurred in connection with the provision of any of the above;
l) VAT and other taxes payable on any of the above.
Capital Expenditure means, with respect to any Person, any expenditure by such Person for (a) an asset which will be used in a year or years subsequent to the year in which the expenditure is made and which asset is properly classified in relevant financial statements of such Person as equipment, real Property, a fixed asset or a similar type of capitalized asset in accordance with GAAP or (b) an asset relating to or acquired in connection with an acquired business, and any and all acquisition costs related to clause (a) or (b) above.
Capital Expenditure means any expenditure which is or will be treated as a capital expenditure in the audited consolidated financial statements of the Borrower Group in accordance with GAAP.
Capital Expenditure means an expenditure related to the Project which is treated as a capital expenditure in accordance with GAAP;
Capital Expenditure means the cost of the asset, including the cost to put it in place. Capital expenditure for equipment means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired. Ancillary charges such as taxes, duty, protective in-transit insurance, freight, and installation may be included in, or excluded from, capital expenditure costs in accordance with the Grantee’s regular accounting practices.