Capital Expenditure Reserve Fund definition

Capital Expenditure Reserve Fund shall have the meaning set forth in Section 5.5 hereof.
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Capital Expenditure Reserve Fund means the special fund created by Section 5.14 hereof.
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Capital Expenditure Reserve Fund means the account established pursuant to paragraph 8.6.1 of this Agreement to hold certain funds for Capital Expenditures.
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Examples of Capital Expenditure Reserve Fund in a sentence

  • To the extent that funds in the Concession Capital Expenditure Reserve Fund are not sufficient to pay for any authorized Concession Capital Improvements, the City may pay the additional cost of such Concession Capital Improvements from sources other than the Concession Area Operating Fee, subject to the approval of the City’s governing body.

  • The funds in the Concession Capital Expenditure Reserve Fund shall not be used for Ordinary Maintenance or Alterations, but shall be used solely for the payment of Concession Capital Improvements as set forth herein.

  • Subject to the terms of this Agreement, the cost of Concession Capital Improvements shall be paid from the Concession Capital Expenditure Reserve Fund.

  • The Concessionaire shall deposit the Concession Capital Cost Payment into the Concession Capital Expenditure Reserve Fund when due.

  • Any investment income earned on the amounts in the Concession Capital Expenditure Reserve Fund shall be added to the principal of the Concession Capital Expenditure Reserve Fund and used as provided in this Agreement.

  • The Concession Capital Expenditure Reserve Fund shall be established by the Concessionaire.

  • Inactive Service or DepartmentIf a Service or Department has accumulated a balance within the Student Life Fund but has been inactive for two (2) years, the Board of Directors may approve the transfer of this accumulated variance into the Capital Expenditure Reserve Fund or the Operating Fund.39.

  • To the extent any portion of such balance remaining in the Capital Expenditure Reserve Fund at termination cannot be applied by the City for Allowable Payments, it shall be transferred to the Concessionaire and remain the property of the Concessionaire.

  • The candidate, within 10 minutes of the issue of the Question Booklet, shall check the Question Booklet to ensure that it contains all the pages in correct sequence and that no page/question is missing.

  • Capital funding for the year ended December 31 is as follows: 20192018 $$Ontario Municipal Commuter Cycling Program5,601-Planning Act Reserve Funds (Section 37 and 45)1,400 Metrolinx-977Public Transit Infrastructure Fund-2,093Public Realm Reserve Fund-2,000TPA Capital Expenditure Reserve Fund - 138 7,001 5,208 Planning Act Reserve Funds, Public Realm Reserve Fund and TPA Capital Expenditure Reserve Fund are contributions from the City of Toronto.


More Definitions of Capital Expenditure Reserve Fund

Capital Expenditure Reserve Fund means the fund to be established and controlled by the City and the Padres to hold funds reserved for payment of the costs of all labor and materials reasonably required to add, repair, restore or replace any structural components, systems components or integral parts of the Ballpark, which would customarily be treated as a capital item for federal income tax purposes.
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Capital Expenditure Reserve Fund means a segregated reserve fund in the initial amount of Eight Hundred Thousand Dollars ($800,000) to be used for the following purposes only: (A) up to Three Hundred Thousand Dollars ($300,000) shall be used to provide improved or increased coverage of the radio broadcast signals of Reading, Tri-State, NCR II, or NCR III, as appropriate; and (B) up to Five Hundred Thousand Dollars ($500,000) shall be used for CMN's real property Capital Expenditures.
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Capital Expenditure Reserve Fund shall have the meaning set forth in Section 2.15(a) hereof.
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Capital Expenditure Reserve Fund. As defined in Section 3.5.2 of this Agreement.
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Capital Expenditure Reserve Fund means the Ballpark Capital Expenditure Reserve Fund established by the City pursuant to the terms of Section 8.2 hereof, into which the Capital Cost Payments and certain other amounts will be deposited for the purpose of funding Capital Improvements to the Ballpark and the Appurtenant Area.
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Related to Capital Expenditure Reserve Fund

  • 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).

  • 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.

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Capital Expenditure means expenditure on:

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

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