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.
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Capital Expenditures Adjustment has the meaning set forth in Section 2.2(a).
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Capital Expenditures Adjustment is defined in Section 8.3(b).
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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.

  • 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.

  • 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.

  • 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.

  • In addition, neither Seller nor Buyer shall have any Liability under this Article VII for Damages relating to matters to the extent included in the calculation of the Capital Expenditures Adjustment Amount (other than the failure to pay amounts (if any) that become due and payable by Sellers pursuant to Section 2.2) in accordance with the terms of Section 2.2.

  • If within thirty (30) days following delivery of the Surge Tank Completion Adjustment Statement, Seller does not object in writing thereto to Buyer, then the Actual Capital Expenditures Adjustment shall be as reflected on the Surge Tank Completion Adjustment Statement.

  • 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.

  • But he does not persuasively support replacing management’s projections that are based on those historical financials with Musey’s projections that are based solely upon Verizon Wireless’s overall performance.c. Excessive Capital Expenditures Adjustment Is Not Adequately Explained or PersuasiveMusey’s proposed adjustment to Jackson’s per share value due to what he calls excessive capital expenditures is not adequately explained or persuasive.

  • In December 2019, the Company entered into an agreement to sell the Kapalua Water Company and Kapalua Waste Treatment Company assets for a purchase price of approximately $3.8 million in addition to a potential Capital Expenditures Adjustment, as defined in the agreement, to be determined at closing.

  • Any such payment will be due and payable within ten (10) Business Days after the Actual Capital Expenditures Adjustment is finally determined as provided in this Section 2.7 and will be payable by wire transfer of immediately available funds to such account or accounts as shall be specified by Buyer or Seller, as applicable, to the other Party in writing.


More Definitions of Capital Expenditures Adjustment

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)).
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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.
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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.
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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.
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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.
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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.
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Related to Capital Expenditures Adjustment

  • 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.

  • 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 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.

  • 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.

  • 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.

  • 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.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • 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.

  • 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 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).

  • 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.

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

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

  • 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.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

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

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

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

  • 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).

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

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

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and