Cumulative Capital Expenditure definition

Cumulative Capital Expenditure means the aggregate of:
View Source
Cumulative Capital Expenditure the aggregate of: (a) all Capital Expenditure that has been incurred as a result of each General Change in Law that has come into effect during the Service Period; and (b) the amount of all Capital Expenditure that is agreed, or determined to be required, as a result of a General Change in Law under clause 29 (Change in Law);
View Source
Cumulative Capital Expenditure means the aggregate of all Capital Costs (excluding all Capital Costs that have been incurred as a result of any Change in Law (a) prior to the Section 1 Service Commencement Date; and (b) which was reasonably foreseeable at the Contract Award Date or was published:
View Source

Examples of Cumulative Capital Expenditure in a sentence

  • If the Cumulative Capital Expenditure Reserve exceeds the Cumulative Capital Expenditures, the excess amount shall be subtracted from the total cost of the Major Renovation, and the Rent shall be increased by an amount equal to 7% of the difference from and after the date on which such Major Renovation has been substantially completed (the "Completion Date").

  • If the Cumulative Capital Expenditures exceed the Cumulative Capital Expenditure Reserve, the excess amount shall be added to the total cost of the Major Renovation, and the Rent shall be increased by an amount equal to 7% of the sum from and after the Completion Date.

  • The Authority shall have responsibility for and bear the amounts in the column headed Cumulative Capital Expenditure which do not fall to the account of the Service Provider as part of the Service Provider's Share.

  • The Contractor's Share of any Cumulative Capital Expenditure agreed or determined to be required as a result of a General Change in Law shall be solely for the account of the Contractor.

  • The Contractor’s Share of any Cumulative Capital Expenditure agreed or determined to be required as a result of a General Change in Law shall be solely for the account of the Contractor.

  • The Contractor’s Share of any Cumulative Capital Expenditure agreed or determined to be required as a result of a Qualifying Change in Law arising under paragraph (c) of such definition shall be solely for the account of the Contractor.

  • Contractor's ShareNot used The Contractor's Share of any Cumulative Capital Expenditure agreed or determined to be required as a result of a General Change in Law shall be solely for the account of the Contractor.

  • Table 2 £0 to £160,000 (inclusive) 100% £160,000 to £310,000 (inclusive) 80% £310,001 to £500,000 (inclusive) 60% £500,001 to £650,000 (inclusive) 40% £650,001 to £740,000 (inclusive) 20% £740,001 to £820,000 (inclusive) 10% £820,001 and above 0% For the avoidance of doubt, this clause 21.4 and Table 2 do not apply (and the Authority shall not be obliged to bear the cost of) to any Cumulative Capital Expenditure if the General Change in Law is a foreseeable Change in Law.


More Definitions of Cumulative Capital Expenditure

Cumulative Capital Expenditure means, in relation to a Change which is necessary to comply with a Change in Law, taking effect after the Services Commencement Date for Service Levels affected by the Change, the amount of Capital Expenditure, if any, that is agreed or determined to be required under PART 18 (Changes and Change in Law);
View Source