Capitalized Costs definition
Capitalized Costs means Protective Advances and other costs incurred by Borrower to acquire and maintain the Eligible Notes and the Collateral.
Capitalized Costs means collectively Capitalized Yield, Capitalized Fees and Capitalized Contingent Rent.
Capitalized Costs means an amount equal to the aggregate sum of the (a) lesser of Net Actual Costs and the aggregate amount of ON Line Costs set forth in the ON Line Budget, plus Carrying Costs in respect of such costs, (b) Initial Cost Differential, plus Carrying Costs in respect of such costs and (c) Carrying Cost up to ON Line COD in respect of any Incremental Cost Differential, Net Event of Loss Costs and Net Condemnation Action Costs.
Examples of Capitalized Costs in a sentence
Effective January 1, 2003, the Company, as part of its ongoing review of its historical books and records and its financial statements, corrected certain of its erroneous accounting policies and practices for Property, Plant and Equipment ("PP&E") relating to the capitalization of labor, labor-related costs, certain overhead costs, and certain materials (collectively, "Capitalized Costs") used in the maintenance of its cable systems.
At the time the Company filed its current report on Form 8-K dated February 25, 2003, the Company was still evaluating Capitalized Costs related to installation activities and internal construction (collectively, "Capitalized Installation and Construction Activities").
The erroneous capitalization of costs that were corrected included, among other things, Capitalized Costs for service calls and normal, ongoing maintenance to cable systems.
The impact of the new accounting policies and practices relating to Capitalized Costs, including Capitalized Installation and Construction Activities, for PP&E on the Company's results of operations will vary based upon levels of activities.
The Company estimates that the new accounting policies and practices relating to Capitalized Costs, including Capitalized Installation and Construction Activities, for PP&E will materially increase expenses and decrease capital expenditures as compared to the accounting policies and practices of the Company under Rigas Management.
More Definitions of Capitalized Costs
Capitalized Costs means, as to each City Digital Sign, the costs directly and specifically attributable to both (a) purchasing, manufacturing, assembling and installing the sub-surface foundation, steel columns and structural supports, scaffolding and additional infrastructure necessary to support such City Digital Sign, and (b) purchasing, manufacturing, assembling and installing such Ad Panel sign face, including, without limitation, the LED lights included in such sign face, the internal mechanical, electrical and digital technology and components, and the design, software, programming and digital technology necessary to such sign's operation, which costs must, under GAAP, be accounted for as capital costs, and not as expenses. In determining such costs, the Contractor shall elect, when permissible, to expense rather than to capitalize costs. The Contractor shall certify to the City under oath as to the Capitalized Costs attributable to each City Digital Sign reasonably promptly after installation of such City Digital Sign. No such Capitalized Costs shall be included in any calculation provided for in Exhibit 2 until such certification has been made and delivered to the City. In no event shall the Capitalized Costs for an architecturally designed 60 sign face network exceed Thirty Million and No/100 Dollars ($30,000,000) (e.g., not more than approximately $500,000 per installed sign face, subject to such aggregate amount) nor shall such Capitalized Costs for a traditionally designed 60 sign face network exceed Twenty-Seven Million and No/100 Dollars ($27,000,000) (e.g., not more than approximately $450,000 per installed sign face, subject to such aggregate amount). An architecturally designed network shall mean one where the City requests that the Contractor design and fabricate stylized signs that incorporate architectural and other treatments that increase the costs of such signs, but only to the extent of such documented additional, incremental costs. The aggregate Capitalized Costs for the City Digital Signs are subject to recovery in accordance with Exhibit 2 to this Agreement and the other terms and conditions hereof. Subject to the foregoing, a portion of the design, software, programming and other costs not directly and specifically attributable to a single City Digital Sign, but directly and specifically attributable to the City Digital Network as a whole, shall be ratably allocated to a City Digital Sign for purposes of such Capitalized Cost certifications and ...
Capitalized Costs means during the Construction Period and to the extent the applicable conditions precedent pursuant to the Operative Agreements have been satisfied (a) Interest to the Credit Lenders pursuant to the Credit Notes, (b) Interest to the Mortgage Lenders pursuant to the Mortgage Notes, (c) Lessor Yield, (d) Transaction Expenses payable pursuant to Section 7 of the Participation Agreement by the Lessor, (e) rent payable with respect to the Ground Lease and scheduled amounts payable with respect to the Appurtenant Rights, (f) Impositions payable by the Construction Agent pursuant to Section 3.11 of the Agency Agreement, (g) insurance premiums payable by the Construction Agent pursuant to Section 3.5 of the Agency Agreement and (h) all amounts payable from time to time regarding any Hedging Agreement including without limitation all scheduled periodic payments and all termination payments.
Capitalized Costs means the sum of (i) costs and expenses for constructing the apartment project on the Property, plus (ii) $1,000,000, being the aggregate value of the Common stock issuable to Eeds xxxer Paragraph 4 above and this paragraph 5, being $750,000 with respect to Deerwood and $250,000 with respect to Westar.
Capitalized Costs means all capitalized third party expenses necessary for the implementation of the Business Plan, including engineering fees and site acquisition and site improvement costs.
Capitalized Costs means the aggregate amount of all cash expenditures that would, in accordance with Generally Accepted Accounting Principles, be required to be classified and accounted for on a capitalized basis, except those cash expenditures that are included in plant, property and equipment on the balance sheet.
Capitalized Costs is defined as the sum of the budgeted costs plus contributed items stated at fair market value for each project allocated as balance sheet tangible assets such as property, plant and equipment, plant assets, or fixed assets, including but not limited to, land, building structures, machinery, equipment, furniture, tools and the following intangible costs: Architecture fees, engineering fees, legal fees and any fees to be earned by TEN, if capitalized. The term "Capitalized Costs" shall exclude all capitalized interest, internal labor and the Consulting fee to be paid hereunder. In addition, OXFORD shall be paid a Consulting Fee for any fees that may be earned by TEN in the initial year of any arrangement pursuant to which TEN provides service, operation, management and/or construction services with an OXFORD qualified lead, equal to four percent (4%) of the revenue to be received by TEN, but only in those instances where TEN does not own the Project. In the event that TEN closes subsequent Project(s) with a previous Qualified Lead, OXFORD shall be entitled to a Consulting Fee as set forth above, provided OXFORD performs its responsibilities as set forth in this Agreement. However, if a Project is closed with the same OXFORD Lead within six (6) months from the date that the prior Project contract was executed with said OXFORD Lead, Consulting Fees shall be calculated on the Capitalized Costs on a cumulative basis.
Capitalized Costs means, as to each Digital Sign and the fixtures and equipment appurtenant thereto, the costs for which, as between HPTE and Contractor, Contractor is solely responsible and are directly and specifically attributable to (a) the design, manufacturing, engineering, assembling, procurement, erection, installation, construction, removal and dismantlement of the sub-surface foundation, steel columns and structural supports, scaffolding and additional infrastructure necessary to support such Digital Sign and the fixtures and equipment appurtenant thereto, (b) the design, manufacturing, engineering, assembling, procurement, erection, installation, construction, removal and dismantlement of the Ad Panel sign face attached to the Digital Sign, including, without limitation, the LED lights included in such sign face, the internal mechanical, electrical and digital technology and components, and the design, software, programming and digital technology necessary to such sign's operation, together with Contractor’s nameplate under Section 4.1 of this Agreement, (c) the refurbishment(s), modification, maintenance, repair, and upgrade or replacement (as applicable) of such Digital Sign, Ad Panels and the fixtures and equipment appurtenant thereto, as required pursuant to Section 3.17 and Exhibit 1C of this Agreement, and (d) the pursuit and obtaining all of the Permits (as defined below), including, without limitation, all legal, lobbying, and legislative efforts in connection therewith, which costs under (a) through (d) must, under GAAP, be accounted for as capital costs, and not as expenses. In determining such costs, Contractor shall elect, when permissible, to expense rather than to capitalize costs. Contractor shall certify to HPTE as to the Capitalized Costs as to each Digital Sign reasonably promptly after installation of such Digital Sign. No such Capitalized Costs shall be included in any calculation of Percentage Rent until such certification has been made and delivered to HPTE. In no event shall theCapitalized Costs for the up to sixty (60) sign face Digital Signs Network exceed $9 Million and No/100 Dollars for the initial capital investment and more than $9 Million for each refurbishment cycle. Notwithstanding anything contained in this Agreement to the contrary, the aggregate Capitalized Costs for the Digital Signs which are incurred by Contractor under this Agreement are subject to recovery by Contractor in accordance with Section 6.1 of this Agreement and ...