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;
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Expansion Capital means Capital Expenditure in relation to a Project that provides Additional Capacity;
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Expansion Capital means the Capital Costs incurred by WECU in respect of an Expansion conducted pursuant to clause 6.2(b);
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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. 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.
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Expansion Capital shall have the meaning set forth in Section 3.7(b).
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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
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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%.
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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.
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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:
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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 given in clause 3.2(a);

  • 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.

  • Base Working Capital means $25,000,000.

  • Expansion Factor has the meaning ascribed thereto in Section 2.3(a);

  • Net Working Capital Target means $0.00.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Working Capital Target has the meaning set forth in Section 1.3(b).

  • 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.

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

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Net Capital Proceeds means the net cash proceeds received by the Partnership in connection with (i) any Sale, (ii) any borrowing or refinancing of borrowing(s) by the Partnership, (iii) any condemnation or deeding in lieu of condemnation of all or a portion of any Property, (iv) any collection in respect of property, hazard, or casualty insurance (but not business interruption insurance) or any damage award; or (v) any other transaction the proceeds of which, in accordance with generally accepted accounting principles, are considered to be capital in nature, in each case, after deduction of (a) all costs and expenses incurred by the Partnership with regard to such transactions (including, without limitation, any repayment of any indebtedness required to be repaid as a result of such transaction or which the General Partner elects to pay out of the proceeds of such transaction, together with accrued interest and premium, if any, thereon and any sales commissions or other costs or expenses due and payable to any Person in connection therewith, including to a Partner or its Affiliates), and (b) all amounts expended by the Partnership for the acquisition of additional Properties, Mortgages or other investments or for capital repairs or improvements to any Property with such cash proceeds.

  • 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): (i) the value of the capital stock, warrants or options to acquire capital stock of Borrower or any Subsidiary to be transferred in connection therewith, (ii) the amount of any cash and fair market value of other property (excluding property described in clause (i) and the unpaid principal amount of any debt instrument) given as consideration, (iii) the amount (determined by using the face amount or the amount payable at maturity, whichever is greater) of any Debt incurred, assumed or acquired by the Borrower or any Subsidiary in connection with such Acquisition, (iv) 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, (v) all amounts paid in respect of covenants not to compete, consulting agreements that should be recorded on financial statements of the Borrower and its Subsidiaries in accordance with GAAP, and other affiliated contracts in connection with such Acquisition, (vi) the aggregate fair market value of all other consideration given by the Borrower or any Subsidiary in connection with such Acquisition, and (vii) out of pocket transaction costs for the services and expenses of attorneys, accountants and other consultants incurred in effecting such transaction, and other similar transaction costs so incurred. For purposes of determining the Cost of Acquisition for any transaction, (A) the capital stock of the Borrower shall be valued (I) in the case of capital stock that is then designated as a national market system security by the National Association of Securities Dealers, Inc. (“NASDAQ”) or is listed on a national securities exchange, the average of the last reported bid and ask quotations or the last prices reported thereon, and (II) with respect to any other shares of capital stock, as determined by the Board of Directors of the Borrower and, if requested by the Bank, determined to be a reasonable valuation by the independent public accountants referred to in Section 5.01(a), (B) the capital stock of any Subsidiary shall be valued as determined by the Board of Directors of such Subsidiary and, if requested by the Bank, determined to be a reasonable valuation by the independent public accountants referred to in Section 5.01(a), and (C) with respect to any Acquisition accomplished pursuant to the exercise of options or warrants or the conversion of securities, the Cost of Acquisition shall include both the cost of acquiring such option, warrant or convertible security as well as the cost of exercise or conversion.

  • 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.

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Target Net Working Capital Amount means $0.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Capital outlay means and include buildings, lands or buildings and lands, with such

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

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • OC Floor An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.

  • 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.