Funded Capital Expenditures definition

Funded Capital Expenditures means, with respect to any Person for any period, all Capital Expenditures during such period for which funds have been set aside or reserved and which will not be paid from operating revenues of such Person.
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Funded Capital Expenditures means Capital Expenditures permitted under Section 3.16(b)(i) without the incorporation by reference of Section 3.16(b)(ii) set forth therein.
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Funded Capital Expenditures means, for any period, (a) the additions to property, plant and equipment and other capital expenditures of the Borrower and its consolidated Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared in accordance with GAAP, minus (b) any interest expenses that were appropriately reclassified from expenses to capital expenditures under GAAP, minus (c) any internal labor costs that were appropriately reclassified from expenses to capital expenditures under GAAP minus (d) any customer funded capital expenditures.
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Examples of Funded Capital Expenditures in a sentence

  • Borrower shall not, nor shall it permit any of its Subsidiaries to, cause the aggregate Capital Expenditures (other than Debt Funded Capital Expenditures and Equity Funded Capital Expenditures) expended by the Borrower or any of its Subsidiaries in each fiscal year to exceed the CapEx Basket Amount.

  • Beginning with the fiscal quarter of the Borrower ending December 31, 2023, make or commit to make any Funded Capital Expenditure, other than Funded Capital Expenditures of the Borrower not exceeding $9,000,000 in the aggregate for the period of the four fiscal quarters of the Borrower most recently ended.

  • No Credit Party shall, nor shall it permit any of its Subsidiaries to, cause the Capital Expenditures (other than Equity Funded Capital Expenditures or Capital Expenditures that constitute a Permitted Acquisition) expended by the Borrower or any of its Subsidiaries (a) in the fiscal year ending December 31, 2014, to exceed $60,000,000 in the aggregate, and (b) in each fiscal year ending after December 31, 2014, to exceed, in the aggregate, 75% of EBITDA for the immediately preceding fiscal year.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, cause the aggregate Capital Expenditures (other than Equity Funded Capital Expenditures and Capital Expenditures that constitute a Permitted Acquisition) expended by the US Borrower or any of its Restricted Subsidiaries to exceed $6,000,000 for the fiscal year ending 2016 and $10,100,000 for the fiscal year ending 2017.

  • Without duplication, the sum of the Borrower’s and its Subsidiaries’ Consolidated interest expense, Consolidated tax expense less any deferred portion of such tax expense, scheduled payments of principal of Consolidated Total Indebtedness, payments due under Capitalized Leases and Capital Expenditures which are not Funded Capital Expenditures during the relevant fiscal period.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, cause the aggregate Capital Expenditures (other than Equity Funded Capital Expenditures and Capital Expenditures that constitute a Permitted Acquisition) expended by the US Borrower or any of its Restricted Subsidiaries in any fiscal year to exceed 75% of the US Borrower’s consolidated EBITDA (including Crest’s EBITDA on a pro forma basis for the fiscal year ended December 31, 2013) for the immediately prior fiscal year.

  • To the extent permitted by applicable Tax law, any Tax deduction by the Company of a Member-Funded Capital Expenditure shall be specially allocated so that each Member will have the Tax benefit of its Member- Funded Capital Expenditures.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, expend any Capital Expenditure (other than Equity Funded Capital Expenditures) unless before and after giving effect thereto, no Default shall have occurred.

  • No Credit Party shall, nor shall it permit any of its Restricted Subsidiaries to, expend any Capital Expenditure (other than Equity Funded Capital Expenditures); provided that (i) Borrower shall be in pro forma compliance with the covenants in Sections 6.17, 6.18 and 6.19, and (ii) before and after giving effect thereto, no Default shall have occurred.

  • For the avoidance of doubt, to the extent that the Base Amount for any Fiscal Year was decreased as a result of a Boeing Funded Capital Expenditures Shortfall Event, upon the cure of the Boeing Funded Capital Expenditures Shortfall Event by the reimbursement by Seller in full of the Boeing Shortfall Amount, the Base Amount for such Fiscal Year shall be reinstated to the amount it would have been but for the Boeing Funded Capital Expenditures Shortfall Event.


More Definitions of Funded Capital Expenditures

Funded Capital Expenditures means Capital Expenditures which are paid for by a Person with the proceeds of Indebtedness for Money Borrowed incurred to finance such Capital Expenditures or that are represented by Capitalized Lease Obligations, but excluding any Capital Expenditures which are paid for with the proceeds of Revolving Credit Loans.
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Funded Capital Expenditures means Capital Expenditures financed with Funded Debt, provided however, that for calculations thereof that include the following fiscal quarters, "Funded Capital Expenditures" shall be deemed to be: Fiscal Quarter ended as of: Funded Capital Expenditures September 30, 2016 $696,000 December 31, 2016 $906,000 March 31, 2017 $1,705,000 June 30, 2017 $693,000
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Funded Capital Expenditures. Loan Request," "Loans," "Notes," "Term Loan Base Rate Portion," and "Term Loan Euro-Rate Portion" in Section 1.01 of the Credit Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: Commitment shall mean as to any Bank, the aggregate of its Revolving Credit Commitment, Term Loan Commitment, Term Loan (Combined) Commitment and Commitments shall mean the aggregate of the Revolving Credit Commitments, Term Loan Commitments and Term Loan (Combined) Commitments of all of the Banks. Fixed Charges shall mean, for any period of determination, the sum of interest expense, income tax expense, dividend payments on capital stock (to the extent actually paid in cash), scheduled principal installments on Indebtedness (as adjusted for prepayments), capital expenditures and Rentals, in each case of the Borrower and its Subsidiaries, for such periods determined and consolidated in accordance with GAAP. Funded Capital Expenditures shall mean, for any period of determination, all capital expenditures of the Borrower and its Subsidiaries, determined and consolidated in accordance with GAAP, which are funded by Term Loans (Combined).
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Funded Capital Expenditures. Loan Request," "Loans," "Notes," "Term Loan Base Rate Portion," "Term Loan Euro-Rate Portion" in Section 1.01 of the Credit Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: Commitment shall mean as to any Bank, the aggregate of its Revolving Credit Commitment, Term Loan Commitment, Term Loan-B Commitment and Term Loan-C Commitment and Commitments shall mean the aggregate of the Revolving Credit Commitments, Term Loan Commitments, Term Loan-B Commitments and Term Loan-C Commitments of all of the Banks. Funded Capital Expenditures shall mean, for any period of determination, all capital expenditures of the Borrower and its Subsidiaries, determined and consolidated in accordance with GAAP, which are funded by Term Loans-B or Term Loans-C. Loan Request shall mean a request for Revolving Credit Loans, Term Loans-B or Term Loans-C made in accordance with Section 2.05, Section 3.02(B) or Section 3.02(C) hereof or a request to select, convert to or renew a Euro-Rate Option in accordance with Section 4.02 hereof. -19- Loans shall mean all Revolving Credit Notes, Term Loans, Term Loans-B and Term Loans-C, collectively, and Loan shall mean any Revolving Credit Loan, Term Loan, Term Loan-B or Term Loan-C, separately. Notes shall mean the Revolving Credit Notes, the Term Notes, the Term Notes-B and the Term Notes-C.
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Funded Capital Expenditures means Capital Expenditures permitted under Section 7.18(b)(i) without the incorporation by reference of Section 7.18(b)(ii) set forth therein.
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Related to Funded Capital Expenditures

  • Unfunded Capital Expenditures means Capital Expenditures made with Internally Generated Funds and, for the avoidance of doubt, not including Capital Expenditures funded through or by funds provided by any Customer or supplier for such purpose.

  • 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.

  • 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).

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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).

  • Capital Expenditure means expenditure on:

  • 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.

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

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

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

  • Qualified rehabilitation expenditures means capital

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • 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.

  • 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.

  • 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:

  • Exploration Expenditures means the sum of:

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and