Expansion Capital definition

Expansion Capital means financing provided for the growth and expansion of an undertaking, which may or may not break even or trade profitably, for the purposes of increasing production capacity, market or product development or the provision of additional working capital;
Expansion Capital means Capital Expenditure in relation to a Project that provides Additional Capacity;
Expansion Capital. Any expenditure with respect to the Unit which Sterling makes that is directly intended to expand the production capacity of the Unit by at least five percent (5%), as agreed pursuant to Section 7.13.

Examples of Expansion Capital in a sentence

  • Make Capital Expenditures (other than Expansion Capital Expenditures) in excess of $3,300,000 in the aggregate during any Fiscal Year.

  • INVESTOR: CLEAN TECHNOLOGY FUND II, LP By: Expansion Capital Partners II, LP, its General Partner By: Expansion Capital Partners II General Partner, LLC, its General Partner By: /s/ Bxxxxxxx X.

  • The proceeds of the Revolving Loans shall be used solely (i) to provide for the working capital and general corporate purposes of the Borrower and its Subsidiaries (including capital expenditures, maintenance and repairs, but excluding Expansion Capital Expenditures); and (ii) to reimburse the Issuing Bank for Drawings.

  • Xxxxxxx Title: Managing Member Address: Expansion Capital Partners 90 Xxxx Xxxxxx, Xxxxx 0000 Xxx Xxxx, XX 00000 With copies to: Cxxxxxxxx & Bxxxxxx LLP 1000 Xxxxxxxxxxxx Xxxxxx XX Xxxxxxxxxx, XX 00000 Fax: (000) 000-0000 Attention: Pxxx X.

  • If both parties agree to an Expansion Project, expenses for Expansion Capital shall be paid *** by Sterling and *** by BASF.

  • The Borrower shall not make or incur any Capital Expenditures other than (i) its pro rata share of the amount required to fund the Project, (ii) Capital Expenditures made using Excluded Proceeds, or (iii) in connection with a Permitted Expansion, Capital Expenditures made using proceeds of Incremental Term Loans.

  • Except as may be agreed by the Parties in connection with an expansion of the Plants, Seller shall not be entitled to recover from Buyer any capital expenses related to expansion or operational efficiency incurred after the Effective Date (“Expansion Capital Expenditures”), whether or not such Expansion Capital Expenditures increase the operating efficiency of a Plant.

  • If any Default or Event of Default exists, make any Expansion Capital Expenditures.

  • For purposes of clarification, in no case shall (i) SAPV, (ii) Riverwood Capital Partners, L.P. (“Riverwood”), (iii) Xxxxxx Xxxxxxx Expansion Capital LP or MS Expansion Capital Co-Investment Vehicle LP (together, “Xxxxxx Xxxxxxx”), (iv) Fidelity or (v) any Wellington Investor be deemed a competitor of the Company for purposes of this Section 2.

  • Its: General Partner By: /s/ Xxxxxxx Xxxxxxx Xxxxxxx Xxxxxxx Managing Principal MS EXPANSION CAPITAL CO-INVESTMENT VEHICLE LP By: MS Expansion Capital GP LP Its: General Partner By: MS Expansion Capital GP Inc.


More Definitions of Expansion Capital

Expansion Capital means the Capital Costs incurred by WECU in respect of an Expansion conducted pursuant to clause 6.2(b);
Expansion Capital means financing provided for the growth and expansion of a company, which may or may not break even or trade profitably, for the purposes of increasing production capacity, market or product development or the provision of additional working capital. The TradeThe company in which investment is made must carry on qualifying trading operations. These are:
Expansion Capital means non-sustaining capital expenditures in accordance with the World Gold Council’s AISC definitions and refers to expenditures that are incurred at new operations or major projects at existing operations where these projects will materially benefit the operation seen as it either increases
Expansion Capital means non-sustaining capital expenditures in accordance with the World Gold Council’s AISC definitions and refers to expenditures that are incurred at new operations or major projects at existing operations where these projects will materially benefit the operations as it either increases the life of mine by more than 10% or increases the net present value of the project by more than 10%.
Expansion Capital means the amount (expressed in dollars) equal to the Purchaser's share of any increase in the Capital Contribution Cap that has been approved by the Operating Partnership under Section 3.7(a) of the Joint Venture Agreement.
Expansion Capital shall have the meaning set forth in Section 3.7(b).

Related to Expansion Capital

  • 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 Increase has the meaning set out in Clause 3.2.4(iii).

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Net Working Capital Target means $0.00.

  • Working Capital Target means $0.

  • Expansion means the addition of buildings, structures, machinery or equipment for purposes of increasing production capacity.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Cost of Acquisition means, with respect to any Acquisition, as at the date of entering into any agreement therefor, the sum of the following (without duplication): (a) the value of the Equity Interests of the Borrower or any Subsidiary to be transferred in connection with such Acquisition, (b) the amount of any cash and fair market value of other property (excluding property described in clause (a) and the unpaid principal amount of any debt instrument) given as consideration in connection with such Acquisition, (c) the amount (determined by using the face amount or the amount payable at maturity, whichever is greater) of any Indebtedness incurred, assumed or acquired by the Borrower or any Subsidiary in connection with such Acquisition, (d) all additional purchase price amounts in the form of earnouts and other contingent obligations that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP in connection with such Acquisition, (e) all amounts paid in respect of covenants not to compete and consulting agreements that should be recorded on the financial statements of the Borrower and its Subsidiaries in accordance with GAAP, and other affiliated contracts in connection with such Acquisition, and (f) the aggregate fair market value of all other consideration given by the Borrower or any Subsidiary in connection with such Acquisition. For purposes of determining the Cost of Acquisition for any transaction, the Equity Interests of the Borrower shall be valued in accordance with GAAP.

  • 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.

  • Consolidated Working Capital means, as at any date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.

  • Target Net Working Capital Amount means $0.

  • Capital outlay means expenditures which

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.