Maintenance Capex definition

Maintenance Capex means the amount, expressed in national currency, of the investments in maintenance executed in the Fiscal Year.

Maintenance Capex means all Capital Expenditures made for the purpose of maintaining (and not increasing) the operating capacity of the Pool Vessels during the twelve (12) calendar months immediately preceding any date of determination thereof.

Maintenance Capex means Capital Expenditures for any period minus the corresponding increase in Long-Term Debt and/or Long-Term Leases for the same period.

Examples of Maintenance Capex in a sentence

• CAFD per Share defined as (LP/GP/IDR Distributions Received + EBITDA from Retained Assets – Maintenance Capex – Interest Expense – Taxes & Other – G&A) / Weighted Average Shares Outstanding.

• Management shall also annually recommend for Board approval a final Annual Consolidated Fixed Operating Expense Budget and a final Annual Consolidated Maintenance Capex Budget for the following fiscal year and an extension to the Company Business Plan to roll the plan forward for an additional fiscal year.

• Expansion Capex for the period increased by 19% y-o-y up to USD 19 million whereas Maintenance Capex was relatively flat and amounted to USD 22 million.

• Maintenance Capex consists of replacing existing heating networks and boiler houses.

• Addis Zaman, Amharic Daily Newspaper, 6/13/75 E.C. Anonymous, “Zämächa Näbälbal: Kä Karra Mesheg Eskä Märagna,” (operations Flame: From Karra Mesheg to Märagna), Ethiop, Vol.

More Definitions of Maintenance Capex

Maintenance Capex means the sum of $10,000,000 or such greater sum as the Required Lenders shall in their discretion determine from time to time based upon the annual budget of the Borrower.

Maintenance Capex means Capital Expenditures that American Vanguard and its Subsidiaries reasonably have projected and incurred in the ordinary course of business to replace and maintain their respective properties in substantially the same condition and manner as in effect on the Closing Date. “Maintenance CAPEX” does not include Capital Expenditures projected or incurred that materially expand or improve properties.

Maintenance Capex means for any period and for any Project Holding Company or Project Company, the consolidated Capital Expenditures of such Project Holding Company or Project Company and its Subsidiaries for such period made in the ordinary course to maintain the revenue generating capability of its existing assets or made in the ordinary course to maintain its existing assets to their then current state or working order.

Maintenance Capex means, for any period, the aggregate amount of Capital Expenditures made during such period for the purpose of maintaining, or extending the useful life of, any capital asset (which do not otherwise constitute normal replacements and maintenance which are properly charged to current operations).

Maintenance Capex means, for any period, the Capital Expenditures made by the Group Members that have been made for the purpose of tenant improvements, leasing commissions or replacing, maintaining, repairing, or upgrading existing properties.

Maintenance Capex means Capital Expenditures by MLP, Borrower or any Subsidiary (i) necessary to maintain current or currently expected production volumes from xxxxx currently producing and the 108 xxxxx to be completed in connection with the Well Completion Undertaking, (ii) to extend or renew Hydrocarbon leases for Oil and Gas Properties that are expiring or have expired, and (iii) to drill xxxxx to maintain Hydrocarbon leases for Oil & Gas Properties that would terminate if a well were not drilled.”

Maintenance Capex means all Capital Expenditures of Aracruz Celulose and its Subsidiaries and Affiliates made relating to the repair or maintenance, including advancements or upgrades directly relating thereto, of Aracruz Celulose’s or any of its Subsidiaries’ fixed or capital assets or other property, plant and equipment in the ordinary course of business, taking into account, among other things, advancements or upgrades in technology and environmental considerations.