Capital Expenditure Target definition

Capital Expenditure Target means thirty three million five hundred sixteen and sixty four dollars ($33,516,064).
Sample 1Sample 2
Capital Expenditure Target means an amount of Capital Expenditures equal to the sum of (a) the sum of the amount of monthly Capital Expenditures set forth in the Capital Expenditures Budget for the months in the period beginning with January 2019 and ending with the month immediately prior to the month in which the Closing occurs plus (b) a prorated amount of the Capital Expenditures set forth in the Capital Expenditures Budget for the month in which the Closing occurs based on the number of days in such month prior to (but not including) the Closing Date.
Sample 1Sample 2
Capital Expenditure Target means $303.0 million, which reflects the good faith estimate by the Parties of the amount of Capital Expenditures expected to be made through and including May 31, 2006.
Sample 1Sample 2

Examples of Capital Expenditure Target in a sentence

  • If the Tenant elects or is required to spend more than the Capital Expenditure Target in any subsequent Lease Year, Tenant may use funds from the Capital Improvement Reserve to pay such costs subject to the terms and conditions specified in that certain Capital Improvement Reserve Agreement by and between Landlord, NHI and Tenant of even date herewith.

  • If the Tenant fails to make at least the Capital Expenditure Target in any Lease Year, Tenant shall pay to Landlord the difference between the Capital Expenditures Target for the Lease Year in question and the amount actually spent by the Tenant on Capital Expenditures in such year (the "Shortage").

  • If the Estimated Capital Expenditures Amount is less than 95% of the applicable Capital Expenditure Target, then the Closing Date Cash Payment shall be reduced dollar-for-dollar by the difference between (x) 95% of the applicable Capital Expenditure Target and (y) the Estimated Capital Expenditures Amount (the “Estimated Capital Expenditures Deficit”).

  • Notwithstanding the foregoing, no adjustment to the Closing Date Cash Payment shall be made if the Estimated Capital Expenditures Amount is between (x) 95% of the applicable Capital Expenditure Target and (y) 105% of the applicable Capital Expenditure Target.

  • Subject to the terms of Section 5 hereof, and after Tenant meets the Capital Expenditure Target for a given year, Tenant may draw funds from the Capital Improvement Reserve to pay the costs of additional Capital Expenditures made that same year to the extent of available funds in the Capital Improvement Reserve.

  • If the Estimated Capital Expenditures Amount is greater than 105% of the applicable Capital Expenditure Target, then the Closing Date Cash Payment shall be increased dollar-for-dollar by the difference between (x) the Estimated Capital Expenditures Amount and (y) 105% of the applicable Capital Expenditure Target (the “Estimated Capital Expenditures Surplus”).

  • GERLACH, Attorney, submitting an Order of Court for payment of $637.50 attorney fees for the defense of an indigent defendant, Troy Gibson, Father, re: T.


More Definitions of Capital Expenditure Target

Capital Expenditure Target means $200,000,000.
Sample 1
Capital Expenditure Target means two hundred sixteen million two hundred six thousand six hundred fifty six dollars ($216,206,656). “Cash” means money, currency or a credit balance in a deposit account at a financial institution, net of checks outstanding as of the time of
Sample 1
Capital Expenditure Target means an amount identified by the Company no later than 90 days after the beginning of the Performance Period.
Sample 1
Capital Expenditure Target means $232,000,000.
Sample 1
Capital Expenditure Target means two hundred sixteen million two hundred six thousand six hundred fifty six dollars ($216,206,656).
Sample 1
Capital Expenditure Target means (a) if the Closing Date occurs on August 31, 2009, $10,200,000 and (b) if the Closing Date occurs prior to August 31, 2009, an amount equal to $10,200,000 minus the product of (i) the lesser of (x) the number of days in the period beginning on the Closing Date and ending on August 31, 2009, and (y) thirty one (31) days, and (ii) $3,114,000 divided by thirty (31).
Sample 1

Related to Capital Expenditure Target

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • 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 Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • 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.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • 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).

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Expenditure minimum means:

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

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

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Eligible Expenditure means an expenditure described as eligible in Schedule B or deemed eligible by Canada in accordance with Section 4.2.

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant ("GAG") and Earmarked Annual Grant ("EAG").

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • Uncovered expenditures means the costs to the health maintenance organization for health care services that are the obligation of the health maintenance organization, for which an enrollee may also be liable in the event of the health maintenance organization's insolvency and for which no alternative arrangements have been made that are acceptable to the commissioner.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.