Capital Maintenance Costs definition

Capital Maintenance Costs means, with respect to the Loans of each Bank, any costs which such Bank determines are attributable to the maintenance by such Bank or any of its affiliates, pursuant to any law or regulation or any interpretation, directive or request (whether or not having the force of law) of any court or governmental or monetary authority, whether in effect on the Effective Date or thereafter, of capital in respect of its maintaining Loans hereunder or its commitment to make Loans hereunder.
Capital Maintenance Costs means facility related costs to maintain the structure of the building and land, including exterior and interior walls, foundation, windows, roof, HVAC, elevator and all building related capital costs.
Capital Maintenance Costs means, with respect to the Loans, Syndicated Letters of Credit (or participations therein) or Bank Letters of Credit of each Bank, any costs which such Bank determines are attributable to the maintenance by such Bank or any of its affiliates, pursuant to any law or regulation or any interpretation, directive or request (whether or not having the force of law) of any court or governmental or monetary authority, whether in effect on the Effective Date or thereafter, of capital in respect of its maintaining Loans, Syndicated Letters of Credit or Bank Letters of Credit hereunder or its commitment to make Loans or issue or participate in Syndicated Letters of Credit or Bank Letters of Credit hereunder.

Examples of Capital Maintenance Costs in a sentence

  • Except for Capital Maintenance Costs as expressly provided in Article V or Article VI, this is a net lease and Lessor shall not at any time be required to pay any amounts to any utility charges or any costs associated with the maintenance, repair, alteration or improvement of the Premises, the RDU Assets or to provide any services or do any act or thing with respect to the Premises, the RDU Assets or any part thereof or any appurtenances thereto.

  • Lessee shall promptly pay the entire cost of any such change, addition or improvement; provided, however, that Lessor shall reimburse Lessee for the amount of such costs, if any, that constitute Capital Maintenance Costs.

  • Notwithstanding the foregoing, Lessor shall remain responsible for all Capital Maintenance Costs in respect of the RDU Assets and the Premises, and any such Capital Maintenance Costs incurred by Lessee pursuant to this Asset Lease shall be reimbursed by Lessor.


More Definitions of Capital Maintenance Costs

Capital Maintenance Costs means all improvements, equipment, parts and supplies that have a cost in excess of $75,000 and a useful life of three (3) years or more.
Capital Maintenance Costs means costs that may be capitalized by Lessor in accordance with United States generally accepted accounting principles; provided, that Capital Maintenance Costs do not include any costs associated with Additional Improvements.
Capital Maintenance Costs means, for any period, with respect to the ------------------------- Loans of each Lender, any costs which such Lender determines are attributable to the maintenance by such Lender or any holding company of such Lender, pursuant to any law or regulation or any interpretation, directive or request (whether or not having the force of law) of any court or governmental or monetary authority, whether in effect on the Closing Date or thereafter, of capital in respect of its maintaining Loans hereunder or its commitment to make Loans hereunder (e.g., any additional capital maintenance requirements imposed by the Board of Governors of the Federal Reserve System with respect to the Loans pursuant to Regulation D).
Capital Maintenance Costs means costs to maintain the structure of the building, and land, including exterior walls, foundation, windows, roof, HVAC, and all building related systems capital costs shall be the responsibility of the Landlord.
Capital Maintenance Costs means costs associated with projects for repairing, upgrading or intensification of use of existing facilities having a value of