Capital Expenditure Target definition

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.
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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.
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Capital Expenditure Target means two hundred sixteen million two hundred six thousand six hundred fifty six dollars ($216,206,656).
Sample 1

Examples of Capital Expenditure Target in a sentence

  • 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 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.

  • 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”).

  • 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”).


More Definitions of Capital Expenditure Target

Capital Expenditure Target means $200,000,000.
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Capital Expenditure Target means $232,000,000.
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
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 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

Related to Capital Expenditure Target

  • 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.

  • 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 reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Eligible Expenditure means expenditure in relation to the Funded Activities that complies in all respects with the eligibility rules set out in Annex D of this Grant Agreement;

  • 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

  • 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.