Growth Capital Project definition

Growth Capital Project has the meaning set forth in the LMM Agreement.
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Growth Capital Project means any addition, expansion or improvement to the existing capital assets of the Company or the acquisition or construction by the Company of new capital assets, in each case, if such addition, expansion, improvement, acquisition or construction is made to increase the long-term operating capacity, asset base or cash flow from operations of the Company; provided, however, that all well connections shall be deemed to be Growth Capital Projects.
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Growth Capital Project has the meaning set forth in the LLC Agreement.
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Examples of Growth Capital Project in a sentence

  • Optionee desires to provide Optionholder (i) an option to invest in APL Sub under certain circumstances in connection with a Growth Capital Project implemented by the Joint Venture Company, and Optionholder desires to obtain such an option, and (ii) a right of first refusal with respect to any Transfer by APL Sub of its Interest in the Joint Venture Company.

  • The Offer Notice will set forth all relevant information with respect to the proposed Capital Contribution, including a description of the Growth Capital Project to which the Capital Contribution relates, the amount of such Capital Contribution, and any other terms and conditions of the proposed Capital Contribution.

  • For the avoidance of doubt, a Member may propose a Growth Capital Project and the related Growth Capital Expenditures to be funded by Capital Contributions or otherwise for the approval of the Management Committee at any regular or special meeting of the Management Committee, whether or not such Growth Capital Expenditures were included in the Growth Capital Budget for such fiscal year.

  • This pamphlet can be obtained from AAIC or the Office of the Associate Dean of the Faculty of Arts and Sciences.

  • Operator and Owner agree that with respect to any Non-Participatory Growth Capital Project or Participatory Growth Capital Project, the permitted variance, as determined in accordance with the LLC Agreement, shall apply in lieu of the one hundred and fifteen percent (115%) variance in the preceding sentence.

  • For External Volumes Growth Capital Project that are not pursued within the Company pursuant to Section 2.8(c), the Pursuing Member may develop, retain 100% ownership of, and operate Gathering Pipelines within the Area of Interest; provided, that such Gathering Pipelines transport natural gas volumes that originate outside the Area of Interest (“Exempted Gathering Pipelines”).

  • Starting in calendar year 2016, Operator shall prepare and present to Owner on or before November 15th the Budget for the next succeeding calendar year (other than any Non-Participatory Growth Capital Project Budget or Participatory Growth Capital Project Budget).

  • The Member that causes the Company to so undertake a Growth Capital Project is referred to herein as the “Proposing Member.” Any such Proposing Member may propose a Growth Capital Project (and, to the extent the Company has commenced any Growth Capital Project prior to the Effective Date, Enbridge shall propose such Growth Capital Project) by delivering a written request (each, a “Growth Capital Project Request”) to the Company and the non-Proposing Member (the “Non-Proposing Member”).

  • Prior to the Sandpiper Project In-Service Date, no capital contributions made by the Class B Members pursuant to Section 5.02(b) shall be used towards the Non-Participatory Growth Capital Project.

  • Following the issuance of any such Call Notice, the Proposing Member shall make a cash capital contribution to the Company equal to the full amount specified in such Call Notice (each, a “Non-Participatory Growth Capital Project Contribution”).


More Definitions of Growth Capital Project

Growth Capital Project means (a) the projects described on Schedule I attached hereto, (b) the acquisition, design, development or construction of any additional assets or facilities by the Company or any of its Subsidiaries, (c) with respect to any physical Asset, any physical enhancement or series of physical enhancements that would increase the throughput capacity (including by expanding pump station capability) or extend the useful life or operational efficiency, of or to any existing portion of such Asset, or (d) any additional tankage facilities to be constructed on property owned by the Company or any of its Subsidiaries, in the cases of clauses (b), (c), and (d), related to the transportation of crude oil by pipeline and related activities to or from the Williston Basin in Montana and North Dakota; provided, however, that for the avoidance of doubt, none of the following shall be a “Growth Capital Project” hereunder: (i) any project related to any Growth Capital Project included in a previously approved Budget (or Budget Amendment, Participatory Growth Capital Project Budget or Non-Participatory Growth Capital Project Budget (or amendment thereto)) after giving effect to any variance thereto permitted pursuant to the Operating and Construction Management Agreement, (ii) any Emergency Expenditure, Long Term Response Expenditures or any Non-Growth Integrity Project, (iii) additional tankage facilities to be constructed at Enbridge Energy, Limited Partnership’s terminal located in Superior, Wisconsin, (iv) any project related to the transportation of crude oil by means other than pipeline, and (v) any projects related to the Lakehead System (the projects identified in clauses (iii), (iv) and (v), the “Non-Company Projects”).
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Related to Growth Capital Project

  • 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.

  • 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.

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;

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

  • 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.

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • 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.

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

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Capital Increase shall have the meaning specified in Section 2.1.

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

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • 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.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • 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.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Regional Transmission Expansion Plan means the plan prepared by the Office of the Interconnection pursuant to Operating Agreement, Schedule 6 for the enhancement and expansion of the Transmission System in order to meet the demands for firm transmission service in the PJM Region.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Guaranteed Commercial Operation Date has the meaning set forth in Section 3.9(c)(i).

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

  • Working Capital Target means $0.

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.