Project Capital Expenditure definition

Project Capital Expenditure means any cash expenditure for or related to fixed assets or purchased intangibles that is treated as a capital expenditure under Generally Accepted Accounting Principles, including any amount which is required to be treated as an asset subject to a Capital Lease Obligation, but excluding any capital expenditure made to maintain, repair, refurbish or remodel any existing capital assets of Borrower or its Subsidiaries.
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Project Capital Expenditure means any Capital Expenditure for which the Borrower or the applicable Subsidiary, as applicable, is to receive reimbursement therefor from a third party (other than, for the avoidance of doubt, the Borrower or any Subsidiary); provided, that, the aggregate amount of all Project Capital Expenditures during the term of this Agreement shall not exceed $45,000,000.
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Project Capital Expenditure means all expenditure in respect of the Project which is generally regarded in the gold mining industry in South Africa as expenditure of a capital nature excluding all expenditure which is generally regarded as replacement and/or ongoing and/or renewal capital expenditure;
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Examples of Project Capital Expenditure in a sentence

  • Anbaric secured cost estimations from original equipment manufacturers (OEMs), proprietary database costs from its consultants, and publicly available information to estimate the Project Capital Expenditure (CapEx).

  • At the Time of Closing, Sellers shall deliver to CapStar a report detailing each Project Capital ExDenditure undertaken by Sellers, the work comnleted i-n connection with each Project Capital Expenditure, the amount spent (or committed to be spen-) in connection with each Project CaDital Expenditure and the work, if any, needed to be comvieted in connection with each Project Canital Expendi-ture.

  • Approved 2019-2023 Development Plan - Project Capital Expenditure ForecastsItem Notes to the confidential figures:Since a lot of works are in progress under individual projects, revealing the capital expenditure forecast would not be appropriate.

  • A breakdown of the capital expenditure required to implement the Kilba Project is as follows: Table 5: Project Capital Expenditure Item The major capital component of the Project is the process plant.

  • Ÿ Bid Bonds – Which must accompany each proposal and is calculated as 1% of the estimated Project Capital Expenditure subject to a maximum of$1,000,000.

  • In the event that the Final Project Capital Expenditure Amount exceeds the Estimated Project Capital Expenditure Amount, the Purchaser shall be obligated to pay to the Sellers an amount equal to such excess, in cash in immediately available funds.

  • A bid bond will only bereturned in two instances; where the bidder was not selected as a preferred bidder and; where a preferred bidder provides a milestone bond as specified in the Milestone Development AgreementŸ Milestone Bond – This is calculated as 2% of the estimated Project Capital Expenditure subject to a maximum of $2,000,000Ÿ Performance Bond – This is a bond paid by the Permit Holder to the Producer or flare gas seller to cover 3 months gas delivery payments.

  • Question No.1 Whether Capital Subsidy (90 per cent of Project Capital Expenditure) received by the Applicant as per SIOM Agreement and Escrow Agreement from Odisha Government / ULBs for the Green Field Public Street Lighting System in the State of Odisha is not liable to GST and if liable to GST, then at what rate of GST?Answer:- Capital Subsidy (90 per cent of Project Capital Expenditure) received by the Applicant is liable to GST.

  • There is hereby created with the Trustee a special fund to be designated the “Capital Beltway Funding Corporation of Virginia Project Capital Expenditure Reserve Fund” (the “Capital Expenditure Reserve Fund”).

  • Table 15 – Project Capital Expenditure Summary Capital Expenditure ($M)Pre-Production (construction and ramp-up periods)Post-production (Years 1 to 91) TotalSite and Sustaining Capital75Notes: 1.


More Definitions of Project Capital Expenditure

Project Capital Expenditure means Capital Expenditure and payments under the Financed LHD Acquisition Agreement and/or the Upcoming LHD Acquisition Agreement.
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Project Capital Expenditure means any expenditure in respect of the purchase or other acquisition of any fixed or capital asset (excluding normal replacements and maintenance which are properly charged to current operations) where such expenditure is made by a Solar Installation Subsidiary or a Non-Recourse Subsidiary in connection with the construction of a solar installation project.
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Related to Project Capital Expenditure

  • 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.

  • 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.

  • 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.

  • 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;

  • 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.

  • 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.

  • 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.

  • 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.

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

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

  • Consolidated Maintenance Capital Expenditures means all Capital Expenditures of the Borrower and its Subsidiaries on a consolidated basis other than those constituting Consolidated Growth Capital Expenditures.

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • 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.

  • 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).

  • 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

  • Unfunded Capital Expenditures means Capital Expenditures made through Revolving Advances or out of Borrowers’ own funds other than through equity contributed subsequent to the Closing Date or purchase money or other financing or lease transactions permitted hereunder.

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”).

  • Independent expenditure means an expenditure by a person:

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

  • 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.

  • 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:

  • 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.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Capital Budget has the meaning given in Section 3.11(a).