Cumulative Capital Expenditure definition

Cumulative Capital Expenditure means the aggregate of:
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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);
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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:
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Examples of Cumulative Capital Expenditure in a sentence

  • Table A1.4 in Appendix 1 shows that the Council’s underlying need to borrow (shown as Cumulative Capital Expenditure) is projected to increase from £1.457bn at the start of the current financial year to £2.391bn at 31 March 2026.The Cumulative Borrowing Requirement shows that if the Council were to fully fund its Capital Financing Requirement it would need to borrow £1.199bn over the next 5 years.

  • 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.

  • Cumulative Capital Expenditure upto the end of the year is also depicted.

  • 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 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 Qualifying Change in Law arising under paragraph (c) of such definition shall be solely for the account of the Contractor.

  • Notwithstanding such measures, the Network cannot guarantee that its security measures will prevent Network computers from being illegally accessed, and the Individual Information on them stolen or altered.F. Rights of Third Party Affiliates.

  • 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.

  • For avoidance of doubt, the minimum cumulative capital expenditure to be proposed by TPWODL for the period FY 2022 to FY 2026 must be as provided in the table below:Table 2: TPWODL Cumulative Capital Expenditure for 5 years(Value in Rs. crore)Up to 31-Mar- 2022Up to 31-Mar- 2023Up to 31-Mar- 2024Up to 31-Mar- 2025Up to 31-Mar- 2026 (d) TPWODL would be required to seek the Commission’s approval on the detailed capital expenditure plan in line with the regulations.


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);
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Related to Cumulative Capital Expenditure

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant ("GAG") and Earmarked Annual Grant ("EAG").

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Independent expenditure means an expenditure by a person:

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Consolidated Rental Expense means, for any period, on a consolidated basis for the Company and its Subsidiaries, the aggregate amount of fixed and contingent rentals payable in cash by the Company and its Subsidiaries with respect to leases of real and personal property (excluding capital lease obligations) determined in accordance with GAAP for such period (subject to Section 1.04(b)).

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

  • Exploration Expenditures means the sum of all costs of acquisition and maintenance of the Property, all exploration and development expenditures and all other costs and expenses of whatsoever kind or nature including those of a capital nature, incurred or chargeable by KRC with respect to the exploration and development of the Property and the placing of the Property into Commercial Production.