Capital Work definition

Capital Work means work done on the Facility as directed by HRM’s department of Facility Design and Construction and approved in the HRM capital budget;

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Capital Work means any work (including all design and consulting services (other than legal fees), labor, supplies, materials, equipment, and costs of permits and approvals of Governmental Authorities) to perform Capital Repairs or which otherwise involves any of the following:

Capital Work means any item of work specified in the Capital Improvement Plan or other item of work at the Property which would constitute a capital item entitled to be capitalized in accordance with GAAP.

Examples of Capital Work in a sentence

In addition, Lender shall have the right, but not the obligation, at any time to require an inspection report from Consultant with respect to any Capital Work, provided, however, that such inspection report shall not be a condition precedent to disbursement unless required by Lender and the cost of a particular item of Capital Work is in excess of $150,000.
The Stadium Authority Capital Projects Fund shall be applied exclusively to fund expenses incurred in connection with Capital Work.
Except to the extent of expenses incurred in connection with Capital Work detailed in the Capital Budget for that specific year Approved by the Authority Board as provided in Section 7.6(b)(i) hereof, the prior Approval of the Authority Board shall be required prior to StadCo’s withdrawal of funds from the Stadium Authority Capital Projects Fund.
Subject to all of the provisions and limitations set forth in this Section 7.7(c), from time to time during the Term, StadCo may obtain funds available in the Stadium Authority Capital Projects Fund, but only for the purpose of paying or reimbursing itself for Approved expenses incurred in connection with Capital Work.
In addition to any insurance required under the Loan Documents, Borrower shall provide or cause to be provided workmen's compensation insurance, builder's risk, and public liability insurance and other insurance to the extent required under applicable law in connection with all Capital Work.

More Definitions of Capital Work

Capital Work means all Construction, Major and Minor Capital Projects and Rehabilitation and Replacement work required during the Term to either extend the life expectancy of an asset or to replace it altogether. All Capital Work shall be considered as Additional Services excluded from the Contract:

Capital Work means work done on the Facility as directed by HRM and approved in the HRM capital budget;

Capital Work means repair, improvements or replacements that are considered capital repairs, improvements or replacements under generally accepted accounting principles that are consistent with industry standards and sound management practices, provided that if any repair, improvement or replacement work required at the Building would cost less than Four Thousand Dollars ($4,000) to complete, then such repair, improvement or replacement shall not constitute Capital Work hereunder and shall be performed by Lessee pursuant to Paragraph 11(a) above. As used herein, the term “Lessor Work” shall mean “Structural Work” and “Capital Work,” collectively. Notwithstanding the foregoing or anything to the contrary herein, Lessee shall pay the cost of repairs for any damage to the Structural Elements, elements which would comprise items of Capital Work or the Exterior Common Areas caused by Lessee’s negligence, willful misconduct or the installation of any Alterations, to the extent (if any) not covered by the property insurance required to be carried by Lessor under the Lease.

Capital Work means major building repairs or improvements, which extend the life of the structure and meet the criteria for inclusion in the capital budget as set out in the Capital Policies included in the Budget Submission Guidelines and Instructions (currently generally defined as work valued at over

Capital Work means building repairs or improvements in accordance with the Town’s capital budget submission schedule;

Capital Work means building repairs or improvements of more than $50,000 in accordance with the City’s capital budget submission guidelines and instructions as amended from time to time;

Capital Work shall have the meaning given such term in Section 34.