Environmental Expenditures definition

Environmental Expenditures means with respect to any Person for any period, the sum of the aggregate of all expenditures by such Person and its Subsidiaries for spending incurred with respect to remedial liabilities, including but not limited to, superfund, remediation, facility closure remediation, and discontinued operation liabilities.
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Environmental Expenditures means, with respect to any Person, for any period, all expenditures by such Person to undertake any removal, remedial or other corrective action with respect to any hazardous materials on any Real Property previously, currently or hereafter owned, leased or operated by such Person or any Program Affiliate of such Person.
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Environmental Expenditures shall have the meaning given to it in Section 22.1;
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Examples of Environmental Expenditures in a sentence

  • Environmental Expenditures and LiabilitiesEnvironmental expenditures are expensed as part of operating activities, unless they constitute an asset improvement or act to mitigate or prevent possible future contamination, in which case the expenditures are capitalized and amortized to income.

  • Environmental Expenditures The operations of the Company may in the future be affected from time to time in varying degrees by changes in environmental regulations, including those for future removal and site restoration costs.

  • Provision for Environmental Expenditures Liabilities for environmental costs are recognized when environmental clean-ups are probable and the associated costs can be reliably estimated.

  • Environmental Expenditures Information regarding capital environmental expenditures of Texaco Inc.

  • Environmental Expenditures and Liabilities Environmental expenditures that relate to current or future revenues are expensed or capitalized as appropriate.

  • Present and Future Environmental Expenditures: The Company's policy is to comply with all legal requirements of applicable environmental, health and safety laws and regulations.

  • Environmental Expenditures and Closure Costs The operations of the Company may in the future be affected by changes in environmental regulations, including those for future removal and site restoration costs.

  • Provision for Environmental Expenditures Environmental expenditures that relate to current or future economic benefits are expensed or capitalized as appropriate.

  • Environmental Expenditures and LiabilitiesEnvironmental expenditures that relate to current or future revenues are expensed or capitalized as appropriate.

  • Environmental Expenditures Environmental expenditures that relate to current operations are expensed or capitalized as appropriate.


More Definitions of Environmental Expenditures

Environmental Expenditures means the aggregate expenditures made by Tenant in respect of the Demised Premises that, if the same had been made by Custom Papers-Richmond, Inc. during the term of its April 20, 1991, lease from Landlord, would have constituted Losses subject to indemnification from Xxxxx River Corporation of Virginia under Section 11.3 (without regard to any basket amounts) of the Asset Purchase Agreement less any portion of such expenditures for which Tenant has been reimbursed by Xxxxx River Corporation of Virginia, any of its Affiliates or any other party, or for which Tenant has been reimbursed by any party (an "Environmental Indemnitee") having a right to recover any of such expenses from Landlord or Xxxxx River Corporation of Virginia. Tenant agrees not to make a claim against any Environmental Indemnitee for any Environmental Expenditures for which Tenant makes a claim against Landlord hereunder, and Tenant agrees not to make a claim against Landlord hereunder for any Environmental Expenditures for which Tenant makes a claim against any Environmental Indemnitee; provided, however, that Tenant may make such duplicative claim in either case if (x) Tenant reasonably deems it necessary in order to preserve its right to make a claim against the second party upon which the claim is made, and (y) Landlord's reimbursement to Tenant (alone, or in conjunction with any termination of Tenant's claim against the Environmental Indemnitee) of the amount of such duplicative claim will prevent the Environmental Indemnitee from being entitled to any indemnity from Landlord or Xxxxx River Corporation of Virginia in respect of the claim made by Tenant against such Environmental Indemnitee or Tenant has made other arrangements reasonably satisfactory to Landlord and Tenant to prevent such recovery by the Environmental Indemnitee after Landlord's reimbursement to Tenant, its having been agreed by the parties hereto that Landlord and Xxxxx River Corporation of Virginia, taken together, shall not be required to indemnify and reimburse any Environmental Indemnitee and Tenant, respectively, in respect of the same Environmental Expenditure.
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Environmental Expenditures means with respect to any Person for any period, the sum of the aggregate of all expenditures by such Person and its Subsidiaries for spending incurred with respect to remedial liabilities, including but not limited to, superfund, remediation, facility closure remediation, and discontinued operation liabilities.”
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Related to Environmental Expenditures

  • 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.

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

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

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

  • 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.

  • Operating Expenditures means all Partnership Group cash expenditures (or the Partnership’s proportionate share of expenditures in the case of Subsidiaries that are not wholly owned), including taxes, compensation of employees, officers and directors of the General Partner, reimbursement of expenses of the General Partner and its Affiliates, debt service payments, Maintenance Capital Expenditures, repayment of Working Capital Borrowings and payments made in the ordinary course of business under any Hedge Contracts, subject to the following:

  • Capital Expenditure means expenditure on:

  • 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.

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

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor. This definition does not apply to expenditures by the department of transportation for road and bridge construction projects which receive federal funds under section 112(b) of title 23 of the United States Code, 23 U.S.C. 112, 23 C.F.R. 635.104(a), and other applicable federal law until federal law recognizes small businesses owned by persons with disabilities.

  • 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.

  • 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.

  • 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.

  • Environmental Costs any and all costs or expenses (including attorney’s and consultant’s fees, investigation and laboratory fees, response costs, court costs and litigation expenses, fines, penalties, damages, settlement payments, judgments and awards), of whatever kind or nature, known or unknown, contingent or otherwise, arising out of, or in any way relating to, any actual or alleged violation of, noncompliance with or liability under any Environmental Laws. Environmental Costs include any and all of the foregoing, without regard to whether they arise out of or are related to any past, pending or threatened proceeding of any kind.

  • Exploration Expenditures means the sum of:

  • 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.

  • Uncovered expenditures means the costs to the health care

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

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Rental Expense means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, total rental expense as calculated in accordance with GAAP.

  • 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 reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Unfinanced Capital Expenditures means, with respect to any Person and for any period, Capital Expenditures made by such Person during such period and not financed from any Net Cash Proceeds or Revolving Loans.

  • Independent expenditure means an expenditure by a person:

  • Non-Financed Capital Expenditures means Capital Expenditures paid in cash and not financed with Indebtedness for borrowed money.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Retained Environmental Liabilities means all Environmental Liabilities of Seller or its Affiliates arising out of or relating to operations or activities that are not primarily related to the Business, whether arising or related to the period before or after Closing.