Permitted Capital Expenditures definition

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

Permitted Capital Expenditures means Capital Expenditures (a) incurred for the purpose of permitting (i) any Loan Parties or any Project to comply with applicable Requirements of Law (including any Environmental Laws) and Applicable Permits or (ii) each Project to operate in accordance with the Base Case Projections, (b) as required to operate each Project in accordance with Prudent Industry Practices or (c) under emergency circumstances to resume or maintain operation of any Project in accordance with Prudent Industry Practice or to avoid imminent threat to human life or property.

Permitted Capital Expenditures means as specified in Section 10.6.

Examples of Permitted Capital Expenditures in a sentence

• Permitted Capital Expenditures must constitute capital replacements, improvements or equipment under generally accepted accounting principles consistently applied or constitute qualifying aesthetic improvements.

• Permitted Capital Expenditures shall not include costs for any necessary repairs to remedy any broken or damaged Improvements, all of which costs shall be separately funded by Tenant.

• In addition, Permitted Capital Expenditures shall not include the cost of periodic, recurring or ordinary maintenance expenditures or maintenance, repairs or replacements that keep the Improvements in an ordinarily efficient operating condition, but that do not significantly add to their value or appreciably prolong their useful life.

• Permitted Capital Expenditures (as hereinafter defined) shall only be included in Operating Costs for each fiscal year during the Term to the extent of the Annual Charge-Off, as hereinafter defined, for such fiscal year with respect to such capital expenditure.

• Permitted Capital Expenditures must constitute capital replacements, improvements or equipment under generally accepted accounting principles consistently applied.

More Definitions of Permitted Capital Expenditures

Permitted Capital Expenditures means (a) any capital expenditure or commitment to make capital expenditures which will not be completely funded by the later of December 31, 2017 and the Closing Date, and which will not involve a total liability after such date of an amount equal to or less than Three Hundred Thousand Dollars ($300,000) individually or One Million Dollars ($1,000,000) in the aggregate; (b) those capital expenditures that are set forth on Schedule 5.5; or (c) those capital expenditures otherwise agreed to by the Parties.

Permitted Capital Expenditures as defined in Section 6.7.

Permitted Capital Expenditures shall have the meaning set forth in Section 10.12(d).

Permitted Capital Expenditures shall have the meaning set forth in Section 5.13.

Permitted Capital Expenditures means Capital Expenditures not in excess of:

Permitted Capital Expenditures means, without duplication, any cash capital expenditures actually paid by, or by any Chesapeake Entity on behalf of, the Wholly-Owned Subsidiaries (including in respect of the Transferred Assets held by the Wholly-Owned Subsidiaries) during the Interim Period (which shall include cash purchases of Inventory from third party vendors, but no other capital expenditures in respect of Inventory), other than fifty percent (50%) of any portion of any cash capital expenditures paid for any capital project or field activity that occurred prior to the Third Quarter Effective Time.

Permitted Capital Expenditures means Capital Expenditures that: