Capital Improvement Costs definition

Capital Improvement Costs means costs incurred or to be incurred in connection with replacements and capital repairs made to the Mortgaged Property which would be capitalized in accordance with GAAP.

Capital Improvement Costs means costs incurred by Borrower and/or ------------------------- Operator in connection with capital improvements to the Facility.

Capital Improvement Costs means, with respect to a particular Property, the cost associated with the Capital Improvement Plan for such Property.

Examples of Capital Improvement Costs in a sentence

• Together with each such request, Borrowers shall furnish Lender or cause to be furnished to Lender copies of bills and other documentation as may be reasonably required by Lender to establish that such Capital Improvement Costs are reasonable (provided such Capital Improvement Costs shall be deemed reasonable if such Capital Improvement Costs are reflected in the Approved Budget), that the work relating thereto has been completed and that such amounts are then due or have been paid.

• Not more frequently than once each Interest Accrual Period, and provided that no Default or Event of Default has occurred and is continuing, Borrowers may notify Lender in writing and request that Lender release to a Borrower or its designee funds from the Capital Reserve Sub-Account, to the extent funds are available therein, for payment of Capital Improvement Costs.

• If Lender approves of such Capital Improvement Costs, Lender shall release the funds to Operator or its designee within ten (10) Business Days of Lender's receipt of Operator's written request.

• Together with each such request, Borrower shall furnish Lender with copies of bills and other documentation as may be reasonably required by Lender to establish that such Capital Improvement Costs are reasonable, that the work relating thereto has been completed and that such amounts are then due or have been paid.

• Together with each such request, Operator shall furnish Lender with copies of bills and other documentation as may be reasonably required by Lender to establish that such Capital Improvement Costs are reasonable, that the work relating thereto has been completed and that such amounts are then due or have been paid.

More Definitions of Capital Improvement Costs

Capital Improvement Costs means all costs reasonably and necessarily related to the planning, engineering and construction of Capital Improvements and shall include debt service costs, if any, incurred as a direct result of the Capital Improvement. Capital Improvement does not include ordinary maintenance or repairs or Capital Replacement Costs.

Capital Improvement Costs means, any “Capital Improvement Costs” as defined in the Cash Collateral Agreement.

Capital Improvement Costs means any and all planning, design, project management and construction costs associated with improvements to the Unleased Space and any and all fees and expenses and costs associated with such activities payable to contractors, subcontractors, consultants and the municipality relating thereto, plus fifteen (15%) percent on all of such amounts.

Capital Improvement Costs means costs incurred or to be incurred in connection with replacements and capital repairs made or to be made to any REO Property (including, without limitation, repairs to the structural components, roofs, building systems, and parking lots, TI Costs and Leasing Commissions).

Capital Improvement Costs means all costs and expenses the city pays or incurs for the purposes authorized in section 3.28.180.

Capital Improvement Costs means all costs and expenses the city pays or incurs in connection with planning, designing, acquiring, constructing, installing, furnishing, equipping, and financing a Capital Improvement; placing a Capital Improvement in operation; disposing of a Capital Improvement; and obtaining governmental approvals, certificates, permits, and licenses for a Capital Improvement. “Capital Improvement Costs” includes the following:

Capital Improvement Costs has the meaning set forth in Section 4.3.3.