Growth CapEx definition

Growth CapEx for any given Fiscal Year, the aggregate capital expenditures for property, plant, equipment and other fixed assets that the Corporation must reasonably but minimally make, as determined in good faith by the Board of Directors in advance of each then upcoming Fiscal Year, in order to continue to develop the Corporation’s reasonably targeted long-term revenue growth and competitive position.
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Growth CapEx means those items outlined on Section 5.1 of the Company Disclosure Letter.
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Growth CapEx for any period, the Capital Expenditures made by Holdings or any Subsidiary that have not been made for the purpose of replacing, maintaining, repairing or upgrading existing Mines or to improve business efficiencies.
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Examples of Growth CapEx in a sentence

  • Borrowers’ and their Subsidiaries’ Growth CapEx, in the fiscal year 20__, is $______________, which amount [is/is not] less than or equal to the amount permitted pursuant to Section 7(b) of the Credit Agreement for the corresponding period.

  • For the avoidance of doubt and as further described in paragraph 5.F of this letter agreement, the 2015 Proposed Growth CapEx Projects Contribution will be subject to MHR’s right to make an MHR Catch-Up Contribution pursuant to Section 5.5 of the LLC Agreement.

  • Proposed Growth CapEx Projects and Corresponding CapEx Contribution.

  • The Company has identified cash requirements for additional capital expenditures and for certain other uses (none of which constitute Proposed Growth CapEx Projects or those expenditures to have been paid out of the MHR 2015 Contribution) in an aggregate amount equal to $24,520,520 (such amount, together with the amount of the previously required MHR 2015 Contribution, equal to $37,820,520, or the “Additional Cash Requirement”).


More Definitions of Growth CapEx

Growth CapEx means, for any period, the Capital Expenditures made by the Group Members that have not been made for the purpose of tenant improvements, leasing commissions or replacing, maintaining, repairing, or upgrading existing properties.
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Growth CapEx means, with respect to any Person for any period, Capital Expenditures made in connection with revenue growth opportunities and cost savings initiatives for Borrowers and their Subsidiaries (other than Foreign Subsidiaries), including those Capital Expenditures made in connection with (i) the acquisition of new Aircraft, (ii) the construction of Aircraft, (iii) establishing operational facilities in a location outside of the continental United States, (iv) new MRO and manufacturing contracts and (v) engineering projects to improve Aircraft performance and create new sales opportunities. For the purposes of determining compliance with Section 7(b) of the Agreement solely for the fiscal year ending December 31, 2013, Growth CapEx shall be calculated as Growth CapEx for the trailing three calendar quarters ending December 31, 2013 times 4/3.
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Growth CapEx means, with respect to Borrowers for any period, Capital Expenditures made by Borrowers and their Subsidiaries during such period determined on a consolidated basis in accordance with GAAP in connection with revenue growth opportunities and cost savings initiatives, including those Capital Expenditures made in connection with (a) the acquisition of new Aircraft, (b) the construction of Aircraft, (c) establishing operational facilities in a location outside of the continental United States, (d) new MRO and manufacturing contracts and (e) engineering projects to improve Aircraft performance and create new sales opportunities.
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Growth CapEx means Capital Expenditures the proceeds of which shall be used for the acquisition or construction of vessels.
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Related to Growth CapEx

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Roll-Up means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and a Roll-Up Entity and the issuance of securities of such Roll-Up Entity to the Stockholders of the Company, but not including: