Permitted Capital Expenditure definition

Permitted Capital Expenditure means the intended capital expenditure of the Astra Tech Group as set out in Disclosure Document 17.1.1.20;
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Permitted Capital Expenditure means any capital expenditure identified in the Approved Budget or otherwise approved by Lender in its sole and absolute discretion.
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Permitted Capital Expenditure means any Capital Expenditure permitted to be made pursuant to the provisions of Clause 22.3 (Capital Expenditure).
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Examples of Permitted Capital Expenditure in a sentence

  • In addition, for any fiscal year, the amount of Capital Expenditures that would otherwise be permitted in such fiscal year pursuant to this Section 6.11 may be increased by an amount not to exceed 50% of the Permitted Capital Expenditure Amount for the immediately succeeding fiscal year (the “CapEx Pull-Forward Amount”).

  • Notwithstanding the foregoing, the Permitted Capital Expenditure Amount for any fiscal year shall be reduced at the time of and in the amount of any Investment made pursuant to clause (B) of Section 10.5(i) during such fiscal year.

  • In addition, to the extent any portion of the Permitted Capital Expenditure Amount for any fiscal year (as the same may have been increased pursuant to the preceding sentence) is not fully expended during such fiscal year, then 50% of the amount not so expended may be carried forward to and used in succeeding fiscal years.

  • In the event of an unexpected emergency that necessitates a Permitted Capital Expenditure not contemplated by the Capital Improvement Plan, the Tenant may complete such work using the funds from the Capital Improvement Fund with contemporaneous or prior (if possible) written notice to the County and provide applicable documentation to the Chief Real Estate Officer thereafter for approval.

  • Except in connection with a Permitted Capital Expenditure or an Approved OA Project, Borrower shall not, directly or indirectly, make or commit to make capital expenditures by lease, purchase, or otherwise, except in the ordinary and usual course of business for the purpose of replacing machinery, equipment or other personal property which, as a consequence of wear, duplication or obsolescence, is no longer used or necessary in Borrower’s business.


More Definitions of Permitted Capital Expenditure

Permitted Capital Expenditure means any Capital Expenditure:
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Permitted Capital Expenditure has the meaning ascribed to it in Clause 22.2 (Permitted Capital Expenditure).
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Permitted Capital Expenditure means Capital Expenditure permitted pursuant to and in accordance with Clause 20.2 (Financial condition). Senior Secured Credit Facility Agreement
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Permitted Capital Expenditure has the meaning ascribed to it in Clause 23.3 (Permitted Capital Expenditure).
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Permitted Capital Expenditure means an expenditure for a capital improvement to the Land and/or the Building by installing energy conservation or labor-saving devices to reduce Operating Expenses, or to comply with any law, ordinance or regulation pertaining to the Land and/or the Building. The following costs shall specifically be excluded from the definition of "Operating Expenses" under this Lease:
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Permitted Capital Expenditure. A capital expenditure of the Issuer reasonably necessary (as determined by the Program Manager on behalf of the Issuer) for the performance of the acts and obligations of the Issuer under the Financing Documents.
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Permitted Capital Expenditure means each of the following:
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