Capital Expenditures Adjustment definition

Capital Expenditures Adjustment. This adjustment is intended to deduct a depreciation charge for any capital expenditures that Consultant recommends to Company, which Company has the absolute right to accept or deny in its sole discretion. For any such recommended capital expenditures, the amount of depreciation charged against the asset in accordance with GAAP guidelines will be deducted from ANI for the duration of the Consulting Agreement.

Capital Expenditures Adjustment has the meaning set forth in Section 2.2(a).

Capital Expenditures Adjustment is defined in Section 8.3(b).

Examples of Capital Expenditures Adjustment in a sentence

• The Inventory Adjustment Amount, the Materials and Supplies Adjustment Amount and the Maintenance and Capital Expenditures Adjustment Amount are referred to collectively as the "Adjustment Amount." The Adjustment Statement shall be prepared using the same generally accepted accounting principles, policies and methods as the Seller has historically used in connection with the calculation of the items reflected on the Adjustment Statement.

• If Seller does not object to Buyer’s Determination within the time period and in the manner set forth in the first sentence of this Section 2.6(b) or if Seller accept Buyer’s Determination, the Closing Date Net Working Capital and the Capital Expenditures Adjustment as set forth in Buyer’s Determination shall become final and binding upon the Parties for all purposes hereunder.

• The Stores and Inventory Adjustment Amount, the Post-September Capital Expenditures Adjustment Amount, the RRSU Adjustment Amount, and the Hot Gas Path Parts Adjustment Amount are referred to collectively as the "Adjustment Amount." The Adjustment Statement shall be prepared using GAAP and the methodologies set forth in the definition of Stores and Inventory Amount.

• Capital Expenditures Adjustment – The capital expenditures adjustment represents net reimbursements to GenCorp for their cash capital investments, as defined in the acquisition agreements, during the period July 2005 through the closing date on November 30, 2005.

• Seller shall prepare and submit to Purchaser, not later than 5 business days prior to the Closing Date, a written good faith estimate of the amount of the Working Capital Adjustment, Subscriber Adjustment, Capital Expenditures Adjustment, Unrelated Liabilities Adjustment and Debt Adjustment (collectively, the "Adjustments") in accordance with this Section 2.03 and Seller's estimate of the Purchase Price resulting from the Adjustments ("Seller's Estimate").

More Definitions of Capital Expenditures Adjustment

Capital Expenditures Adjustment means an amount equal to the remainder (which may be a negative number, which, in such case, would reduce the Purchase Price) of (I) all amounts actually expended by the MNH Entities in respect of Capital Expenditures (determined in accordance with GAAP applied consistently with the past practices of the MNH Entities) between July 1, 1995 and the Closing Date, minus (II) the aggregate amount of Capital Expenditures provided for in the Capital Expenditure budget attached hereto as Schedule 6.3(a)(iv) for the period between July 1, 1995 and the Closing Date.

Capital Expenditures Adjustment means an amount equal to the remainder (which may be a negative number, which, in such case, would reduce the Purchase Price) of (I) all amounts actually expended by the MNH Entities in respect of Capital Expenditures (determined in accordance with GAAP applied consistently with the past practices of the MNH Entities) between July 1, 1995 and the Closing Date, minus (II) the aggregate amount of Capital Expenditures provided for in the Capital Expenditure budget attached hereto as SCHEDULE 6.3(A)(IV) for the period between July 1, 1995 and the Closing Date.

Capital Expenditures Adjustment means an amount equal to (x) the product of (1) $20,000,000 and (2) a fraction, the numerator being the number of days from and including June 1, 2008 to and excluding the Effective Date and the denominator being the number of days from and including June 1, 2008 to and including January 10, 2009, minus (y) the aggregate amount of actual capital expenditures of the Debtors for the period from and including June 1, 2008 to and excluding the Effective Date; provided, however, that the Capital Expenditures Adjustment shall in no event be less than zero.

Capital Expenditures Adjustment means, as of any date, the difference (which may be positive or negative) between (i) the aggregate amount paid or payable to the contractor under the Surge Tank Rehabilitation Contract, whether by or on account of (x) Seller and its Affiliates, prior to Closing (but in no event exceeding the Surge Tank Budgeted Amount as of the date of the execution of the Surge Tank Rehabilitation Contract), and (y) Buyer and its Affiliates, on and after Closing, in each case in connection with the work to complete the Surge Tank Rehabilitation pursuant to the Surge Tank Rehabilitation Contract, minus (ii) the Surge Tank Budgeted Amount as of the date of the execution of the Surge Tank Rehabilitation Contract.

Capital Expenditures Adjustment means any number determined --------------------------------- by adding (A) any positive number determined by subtracting (i) the actual amount paid by Harriscope from January 1, 2001 to and including the Closing Date for capital expenditures (other than the Displacement Permit Expenditures and payments made to Thomcast pursuant to the DTV Contracts) from (ii) the product obtained by multiplying $300,000 by a fraction, the numerator of which is the number of days beginning January 1, 2001 up to and including the Closing Date and the denominator of which is 365, (B) any positive number determined by subtracting the actual amount paid by Harriscope from January 1, 2001 to and including the Closing Date for Displacement Permit Expenditures from $116,000 and (C) any positive number determined by subtracting the actual amount paid by Harriscope from the date hereof to and including the Closing Date to Thomcast pursuant to the DTV Contracts from $250,000.

Capital Expenditures Adjustment means a positive adjustment to the extent the capital expenditures from February 1, 2006 through the Closing Date exceed the Capital Expenditures Budget and a negative adjustment to the extent the Capital Expenditures Budget exceeds the capital expenditures from February 1, 2006 through the Closing Date. The “Capital Expenditures Budget” means the amount equal to the sum of Eight Million Nine Hundred Sixty-Eight Thousand Dollars ($8,968,000), representing the budgeted amounts through January 31, 2007, plus an amount equal to Seventy Thousand Dollars ($70,000) for each Business Day (for purposes of this provision, Presidents’ Day, February 19, 2007, shall be considered a Business Day) during February 2007. For example, if the Closing Date is February 15, 2007, the Capital Expenditures Budget would be Nine Million Seven Hundred Thirty Eight Thousand Dollars ($9,738,000) ($8,968,000 + (11 * $70,000)).

Capital Expenditures Adjustment. This adjustment is intended to for any capital expenditures that Consultant recommends to Company, which Company has the