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.
Growth CapEx means those items outlined on Section 5.1 of the Company Disclosure Letter.
Growth CapEx for any period, the Capital Expenditures made by Holdings, Borrower or any Restricted Subsidiary that have not been made for the purpose of replacing, maintaining, repairing or upgrading existing Mines or to improve business efficiencies.

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.

  • In 1992, futures trading in hessian was permitted; in April 1999 futures trading in various edible oilseed complexes was permitted and in May 2001 futures trading in Sugar was permitted.

  • 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.

  • These models were built to account for commodity (GLD), foreign exchange (FX), interest rate (IR) hedging control variables and proxy control variables for Firm Value (LnQ), Firm Size (LnFS), Leverage (Lev), Access to Financial Markets (Div), Investment Growth (CapEx), Total Cash Costs (TCC) and Profitability (ROA).

  • Supports Utility Growth and Debt Reduction (~$0.4-$0.6) Utility Investment ($3.3-$3.7) Committed ExGen Growth CapEx (~$0.7) ExGen/HoldCo Debt Reduction External Dividend ExGen Cumulative Available Cash Flow 2018-2021(1) ~$7.6 ($2.7-$3.3) 2018-2021 Exelon Generation Available Cash Flow and Uses of Cash* ($B) Redeploying Exelon Generation’s available cash flow* to maximize shareholder value (1) Cumulative Available Cash Flow* is a midpoint of a range based on December 31, 2017, market prices.

  • Proposed Growth CapEx Projects and Corresponding CapEx Contribution.


More Definitions of Growth CapEx

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.
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.
Growth CapEx means Capital Expenditures the proceeds of which shall be used for the acquisition or construction of vessels.
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.

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:

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Activation Date means the date on which the Service and User Account (hereinafter defined) are activated for the Customer by TM as more particularly described in Clause 3.2 hereunder.

  • Availability Block means $15,000,000.

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Final Payment Percentage is five percent (5.00%).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Second Anniversary means the second yearly anniversary after the Effective Date.