Required Expenditures definition

Required Expenditures shall have the meaning ascribed to such term in Section 5.
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Required Expenditures means all expenditures or amounts required to be expended, whether or not of a recurring nature, that are necessary to operate, maintain, preserve or protect the existing Projects of the Company, including, without limitation, real estate taxes, operating deficits, insurance payments, costs of restoring the assets of the Company after a casualty or condemnation thereof, costs of compliance with law, payments with respect to mortgages and other liens, and payments on or of contractual obligations of the Company.
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Required Expenditures means (i) any amounts required to be paid under, or otherwise necessary to allow the Company to comply with its obligations under, any joint operating agreement or other contractual obligation or (ii) any amounts required to be paid under any senior credit facility of any member of the Company Group or any commodities hedging obligations of any member of the Company Group.
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Examples of Required Expenditures in a sentence

  • Such bond shall remain in full force and effect until Final Completion is achieved and the Department shall be able to draw upon such bond regardless of the amount paid by the Department to the Contractor, even if such amount exceeds the penal value of such bond.

  • For example, dental insurance and vision insurance premium payments count towards an employer’s Required Expenditures.

  • The employer could choose to spend 60% of the Required Expenditures, or$767.81, on health insurance premiums paid to an insurance company (an Irrevocable Expenditure).

  • These are not included with the system.🌢 Variable speed drill with ⅛”, ¼" & 7/16” drill bits🌢 ½” and 7/16” open-end wrenches (or adjustable)🌢 Phillips screwdriver🌢 Utility knife🌢 Teflon tape Check Location: Determine the location for the installation of the RO system.

  • The Sellers and NAESCO shall consult with Buyer's representatives on the Transition Executive Committee, on a regular and timely basis, with respect to the refueling outage currently planned for May 2002, to any repairs to the Facility contemplated by Section 5.11 and to the Pre-Approved Capital Expenditures, Required Nuclear Expenditures and Required Expenditures.

  • The Seller shall consult with Buyer’s representatives on the Transition Executive Committee, on a regular and timely basis, with respect to the refueling outage(s) occurring during the Interim Period, to any repairs to the Facilities and to the Required Nuclear Expenditures and Required Expenditures.

  • On motion by Trustee Lasiter seconded by Trustee Varney, the Board approved the Application for Exemption from the Required Expenditures for Classroom Teachers’ Salaries as submitted.

  • The development is therefore contrary to the NPPF, Core Strategy Policies CS1 and CS8, Policy S2 of the Local Plan and draft Policies of the Draft Huntingdonshire Local Plan to 2036: Stage 3.

  • Required Expenditures $80,000,000 $76,891,321 $60,000,000 $54,300,000 $53,983,377 $40,000,000 $21,050,000 $20,000,000 $0 Adjusted Required Expenditure through 2010* Adjusted Required Expenditure through 2032* Actual Expenditures Total Approved (Actual and Encumbered) Expenditures * Pursuant to Section 11.02.C of the MSHCP Implementing Agreement (2001) Land Disturbance As of June 2009, nearly 78,000 of the 145,000 acres available under the Permit have been developed.

  • Fiscal Year Required Expenditures Contingent Expenditures Total 2002 $2,971,000 $ -$ 2,971,0002003 2,175,000 8,431,00010,606,0002004 1,145,000 2,666,0003,811,0002005 924,000 5,566,0006,490,0002006 - 1,100,0001,100,000 Total $7,215,000 $17,763,000 $24,978,000 ========== =========== =========== MPAL expects to fund its exploration costs through its cash and cash equivalents, cash flow from Australian operations and any balance remaining from its available A.$10 million bank line of credit.


More Definitions of Required Expenditures

Required Expenditures means Capital Expenditures or Operating Expense necessary or required (a) to maintain the Company Assets under manufacturer recommendations and/or prudent industry practice, (b) to ensure safety in accordance with prudent industry practice; (c) to cause the capital assets or operations of the Company to comply with Laws, or (d) to permit the Company to comply with the terms of its Material Contracts pertaining to the Company Assets.
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Required Expenditures means all costs, expenditures or amounts required to be expended, whether or not of a recurring nature, that are provided for in an Approved Budget.
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Required Expenditures means the total of: 10
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Required Expenditures shall have the meaning set forth in Section 5.2 herein.
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Related to Required Expenditures

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • 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.

  • Expenditures means payments and contracts for goods, services, and construction which may be acquired competitively and are not regulated by separate authority, and, where the department acts as the sole or primary contracting officer and has selective discretion as to the supplier, vendor, or contractor.

  • 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;

  • Independent expenditure means an expenditure by a person:

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • 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).