Incremental CapEx definition

Incremental CapEx means Lessor-funded Capital Expenditures related to CREZ Assets that are placed in service, as and when such CREZ Assets are placed in service, as adjusted (i) for any applicable AFUDC and/or depreciation, and (ii) to reflect the effect of the deferred tax liability or deferred tax asset, as applicable.
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Incremental CapEx for any Lease Year means Qualified CapEx for that Lease Year, minus Original Base CapEx for such Lease Year, minus Accumulated Deficit for such Lease Year (if there is any Accumulated Deficit for such Lease Year).
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Incremental CapEx means Lessor-funded Capital Expenditures related to Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) that are placed in service, as and when such Xxxxxxx/Xxxxx/Xxxxxxx Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) are placed in service, as adjusted (y) for any applicable AFUDC and/or depreciation, and (z) to reflect the effect of the deferred tax liability or deferred tax asset, as applicable.
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Examples of Incremental CapEx in a sentence

  • Capital Expenditures included in a CapEx Budget will be included based on the date such Capital Expenditures are to be incurred, which differentiates these Capital Expenditures from Incremental CapEx and Lessee CapEx, which are measured under this Agreement based on when the assets developed with such Capital Expenditures are placed in service, and not when they are incurred.

  • Capital Expenditures included in a CapEx Budget will be included based on the date such Capital Expenditures are to be incurred (notwithstanding that Incremental CapEx and Lessee CapEx are otherwise measured under this Agreement based on when the assets developed with such Capital Expenditures are placed in service, and not when they are incurred).

  • Represents the aggregate amount of transmission Incremental CapEx the Parties expected to be placed in service in 2018.

  • Agencies are directed to further adjust these line items using receipts to reflect the average FY 2012-13 and FY 2013-14 actual expenditures from all fund sources.

  • Rent supplements with respect to this Incremental CapEx were agreed to and memorialized as part of the Xxxxx Xxxxxxx and Restated Rent Supplement (CREZ Lease) dated December 31, 2016 (“Ninth Amended Supplement”).

  • The expected results on the signs of the variable’s coefficients, according to the existing literature, are illustrated in Table 19.Table 19: Variables VariableSource: authors.

  • Rent supplements with respect to this transmission Incremental CapEx were agreed to and memorialized as part of the Fourteenth Amended Supplement.

  • Capital Expenditures included in a CapEx Budget will be included PERMIAN LEASE AGREEMENT based on the date such Capital Expenditures are to be incurred (notwithstanding that Incremental CapEx and Lessee CapEx are otherwise measured under this Agreement based on when the assets developed with such Capital Expenditures are placed in service, and not when they are incurred).

  • The amount of 2015 distribution Incremental CapEx included in the Eighth Amended Supplement was $83,149,447, with a weighted average in-service date of July 1, 2015.

  • ERCOT TRANSMISSION ASSETS LEASE AGREEMENT SCHEDULE 3.2(b) FORM OF RENT SUPPLEMENT Rent Supplement Pursuant to Section 3.2(b) of Lease [Date of Supplement] Description of assets added pursuant to Rent Supplement: Incremental CapEx: Lessee CapEx: Base Rent: Percentage Rent Percentages: Annual Percentage Rent Breakpoints: Revenues Attributable to Lessee CapEx: ERCOT Transmission Rate Allocation: Term of Rent Supplement: Executed this day of , 20 .


More Definitions of Incremental CapEx

Incremental CapEx means Lessor-funded Capital Expenditures related to Permian Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) that are placed in service, as and when such Permian Assets (including Footprint Projects relating to the Xxxxxxx Transmission Loop Assets) are placed in service, as adjusted (i) for any applicable AFUDC and/or depreciation, and (ii) to reflect the effect of the deferred tax liability or deferred tax asset, as applicable.
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Incremental CapEx means Lessor-funded Capital Expenditures related to ERCOT Transmission Assets that are placed in service, as and when such ERCOT Transmission Assets are placed in service, as adjusted (y) for any applicable AFUDC and/or depreciation, and (z) to reflect the effect of the deferred tax liability or deferred tax asset, as applicable.
Sample 1
Incremental CapEx means Lessor-funded Capital Expenditures related to Permian Assets (including Footprint Projects relating to the Stanton Transmission Loop Assets) that are placed in service, as and when such Permian Assets (including Footprint Projects relating to the Stanton Transmission Loop Assets) are placed in service, as adjusted (i) for any applicable AFUDC and/or depreciation, and (ii) to reflect the effect of the deferred tax liability or deferred tax asset, as applicable.
Sample 1

Related to Incremental CapEx

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • 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)).

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

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Amount has the meaning specified in Section 2.14(a).

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

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Lender has the meaning assigned to such term in Section 2.22(b).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).