Net Capital Expenditure definition

Net Capital Expenditure means the amount of the Capital Expenditure less any applicable depreciation or amortisation costs relating to works undertaken.

Net Capital Expenditure means Capital Expenditure less

Net Capital Expenditure means Capital Expenditure less asset disposal proceeds (including for the avoidance of doubt proceeds from any sale and lease back).

Examples of Net Capital Expenditure in a sentence

• Net Capital Expenditure: total expenditure on the purchase of fixed assets less funding raised specifically for their purchase.

• The remaining useful life approved as part of the 2011 HVAU has been determined to be the average remaining mine life of 22 years as at 2010 (taken to be at the midpoint of 2010).Depreciation is charged on the inflation adjusted RAB Floor Limit Opening Value and Net Capital Expenditure incurred during the Compliance Period.For assets existing as at 1 January 2012, Depreciation will be determined for the Compliance Period, with CPI applied as per 2011 HVAU.

• Normalized ETR guidance for the combined company for FY17 and future years, will be provided when FY16 results are published(vii) Net Capital Expenditure: We expect net capital expenditure of approximately 3.7 billion USD in FY16(viii) Debt: Approximately one third of AB InBev’s gross debt is denominated in currencies other than the US dollar, principally the Euro.

• The ratio which the aggregate of EBITDA minus Net Capital Expenditure bears to Debt Service Costs is not less than 1.00:1, as calculated by the Bank for the relevant Year to Date against the Annual accounts delivered to the bank in accordance with this agreement.

• At least five (5) Business Days prior to the Closing Date, Sellers shall prepare and deliver to Buyers a statement (the “Estimated Adjustment Statement”) containing Sellers’ good faith estimate, as of the Adjustment Time, of each of the Purchase Price Adjustments determined in accordance with the definitions of Closing Net Capital Expenditure, Closing Net Indebtedness and Closing Working Capital.

• Net Capital Expenditure was 66.2 million euros in 2015, compared to 49.5 million euros in 2014, mainly related to the development of the retail network.

• First, some general assumptions are made.PIn general, the cost of the join r T s consists of the cost of input/output (IO) operations, CIO, plusthe CPU cost, CCP U .

• At least five (5) Business Days prior to the Closing Date, Sellers shall prepare and deliver to Buyers a statement (the “ Estimated Adjustment Statement ”) containing Sellers’ good faith estimate, as of the Adjustment Time, of each of the Purchase Price Adjustments determined in accordance with the definitions of Closing Net Capital Expenditure, Closing Net Indebtedness and Closing Working Capital.

• Members were taken through the details around a revision to the current capital budget, which saw an increase for £17,000 from the Net Capital Expenditure approved in February 2016.

• Table 2 Capital program summary Net Capital Expenditure ($’m)AEMO’s capital program can be broadly grouped into three categories:• Digital Platform, System and Cyber Refresh and Lifecycle Renewals– A high proportion of AEMO’s systems are bespoke and are at, or nearing end of life and need to be replaced.

More Definitions of Net Capital Expenditure

Net Capital Expenditure means the cost of the acquisition of a fixed asset less any associated funding. Fixed assets are those owned by the Borrower, for the benefit of the Borrower, and intended for long term use i.e. in excess of 12 months. Associated funding means any funding by way of mortgage or borrowing of money.

Net Capital Expenditure means, for a Calculation Period, the consolidated aggregate of all Capital Expenditure of the Group paid during that Calculation Period minus any such Capital Expenditure funded from:

Net Capital Expenditure means, in relation to any period, any capital expenditure during that period that is not funded by term debt, cash held on deposit, introduced equity approved by the Bank or proceeds of sale of non-current assets.