Initial Capital Expenditures definition

Initial Capital Expenditures means Capital Expenditures incurred as part of a program of spending to improve any Properties acquired after the Closing Date; provided that such Initial Capital Expenditures are (x) identified prior to any such acquisition of Property and (y) completed within one year after the closing of such acquisition of Property.
Sample 1Sample 2Sample 3
Initial Capital Expenditures means Capital Expenditures incurred as part of a program of spending to improve any Properties acquired after the Closing Date; PROVIDED that such Initial Capital Expenditures are (x) identified prior to any such acquisition of Property and (y) completed within one year after the closing of such acquisition of Property.
Sample 1
Initial Capital Expenditures means those initial capital expenditures necessary for the Contributed REO Property to be deemed renovated and suitable to be leased to an initial Tenant.
Sample 1

Examples of Initial Capital Expenditures in a sentence

  • Initial Capital Expenditures (CAD$ Millions) Mine$149.2Pre-Production$125.6Process$1.024.9Owner’s Cost$44.5Total$1,344.2Operating Costs The mine operating costs were calculated to average CAD$ 2.02 per tonne moved.

  • CK2 has many basic amino acid residues in its catalytic domain to interact with substrates containing several acidic amino acid residues [10].

  • For the three months and year ended December 31, 2002, Aimco spent a total of $34.2 million and $170.9 million, respectively, for Initial Capital Expenditures or "ICE" (expenditures at a property that have been identified at the time the property is acquired, as expenditures to be incurred within one year of the acquisition) and redevelopment (expenditures that substantially upgrade the related property).

  • We classify capital additions as Capital Replacements (“CR”), Capital Enhancements (“CE”), Initial Capital Expenditures (“ICE”), Casualty, and Other.

  • We classify capital investments as Capital Replacements (“CR”), Capital Enhancements (“CE”), Initial Capital Expenditures (“ICE”), Casualty, and Other.

  • The Private Placement Memorandum does explicitly state that the appraisal value “takes into consideration $7,199,573 for Initial Capital Expenditures (ICE).

  • Modulator / Exciter Encoder Multiplexer PSIP Generator STL Equipment Host shall bear the costs for any Initial Capital Expenditures.

  • PPP can be defined as a partnership between theTABLE 1: Initial Capital Expenditures For Building Construction (Rp Million)governments and the Private sector (BUP) for the purpose of B providing a project or services for public interest that traditionally provided by the government only [6].The limitation of government budgets to fulfil Indonesia infrastructure development targets, have led to financial gap that should be met.


More Definitions of Initial Capital Expenditures

Initial Capital Expenditures means those actual expenditures incurred by Borrower and capitalized in accordance with GAAP, necessary for the Property to be deemed renovated and suitable to be leased to an initial Tenant and performed before the Property becomes a Stabilized Property, each as certified by a Responsible Officer of the Borrower in a Completion Certificate delivered to the Diligence Agent and the Administrative Agent, together with reasonably satisfactory evidence supporting such Initial Capital Expenditures as the Agents may request; provided that, the Administrative Agent shall have a right to, or at the direction of the Required Lenders shall, recalculate the Initial Capital Expenditures in any case where it considers the supporting evidence not reasonably satisfactory. For the avoidance of doubt, Initial Capital Expenditures do not include any fees, costs or expenses associated with any ongoing recurring repairs or maintenance to any Property.
Sample 1

Related to Initial Capital Expenditures

  • 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.

  • 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.

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

  • 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.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • 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”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • 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.

  • Capital Expenditure means expenditure on: a) the acquisition of land and buildings; b) the erection, enlargement, improvement or demolition of any building including fixed plant, installation, wall, fence or other structure, or any playground or hard standing;

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced 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.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • 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.

  • 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.

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

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

  • 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).

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

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

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor.

  • Exploration Expenditures means the sum of all costs of acquisition and maintenance of the Property, all exploration and development expenditures and all other costs and expenses of whatsoever kind or nature including those of a capital nature, incurred or chargeable by KRC with respect to the exploration and development of the Property and the placing of the Property into Commercial Production.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Uncovered expenditures means the costs to the health maintenance organization for health care services that are the obligation of the health maintenance organization, for which an enrollee may also be liable in the event of the health maintenance organization's insolvency and for which no alternative arrangements have been made that are acceptable to the commissioner.

  • 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

  • Independent expenditure means an expenditure by a person: