Sustaining Capital definition

Sustaining Capital means Capital Expenditure that is not Expansion Capital;
Sustaining Capital means those capital expenditures in accordance with the World Gold Council’s AISC definitions and refers to capital expenditures that are required to sustain current operations but exclude all non-sustaining (Expansion) Capital.
Sustaining Capital means, with respect to the LIL, Expenditures of a capital nature as determined in accordance with accounting principles accepted by the PUB or other Authorized Authority, subsequent to First Commercial Power of the LIL, excluding any amount related to a LIL Redevelopment or a LIL Expansion;

Examples of Sustaining Capital in a sentence

  • See “Total Sustaining Capital Expenditures Reconciliation” to reconcile sustaining capital expenditures to mining interests per the statement of cash flows.

  • Commission Determination The Commission Panel has several specific comments related to individual projects in the Stations Sustaining Capital Program.

  • Table 21-1: LOM Average Yearly Sustaining Capital ExpendituresNo exploration capital has been considered since the LOM plan is based on mineral reserves only.

  • Sustaining Capital Projects HEMP may require that HMGP undertake the construction of Sustaining Capital Projects from time to time to allow for additional volumes of product to be transported by HEMP on the HMGP System, provided the Sustaining Capital Project satisfies certain parameters set out in the Unanimous Shareholder Agreement.

  • Changes to projects in the Sustaining Capital Portfolio are tabulated and discussed in Section 6.3 of the Application.

  • The target Consolidated Sustaining Capital Expenditures, Consolidated Costs Applicable to Sales – Gold and Copper and Project Cost, together with the applicable minimums and maximums for each such Economic Performance Driver, shall be established in United States dollars and cents.

  • BCTC describes a Sustainment Investment Model (“Model”) that is intended to forecast long-term Sustaining Capital Expenditures based on an estimated number of assets reaching their useful life combined with an estimated replacement cost (Exhibit B-1, Appendix B, pp.

  • Sustaining Capital Period Financial analysisFinancial evaluation has been completed using a discounted cash flow model developed by a specialist consultant with Cameroon fiscal regime experience.

  • The Sustaining Capital Portfolio in this Application is categorized as eleven programs within two categories, Stations and Lines.

  • The cost to acquire legal rights is capitalized under the Sustaining Capital Portfolio.


More Definitions of Sustaining Capital

Sustaining Capital means sustaining capital (as that term is used in the Santa Xxxx Mine Plan as it exists on the date hereof) for the Santa Xxxx Project;
Sustaining Capital means a non-routine capital expense in respect of an existing asset in an amount not less than $25,000 required to maintain the operating performance of that asset or to extend its life by more than twelve months and shall not include the following costs and expenses:

Related to Sustaining Capital

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Working Capital means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, Current Assets at such date of determination minus Current Liabilities at such date of determination; provided, that, for purposes of calculating Excess Cash Flow, increases or decreases in Working Capital shall be calculated without regard to any changes in Current Assets or Current Liabilities as a result of (a) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between current and noncurrent or (b) the effects of purchase accounting.

  • Target Working Capital means $0.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Target Net Working Capital means $0.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Working Capital Reserve means a cash reserve held in the Operating Account that is readily available to Manager during the Term to finance the services, repairs and maintenance described in Section 5.2 including Minor Capital Expenditures and Major Capital Expenditures, insurance premiums for the Property described in Section 9.1, and utilities for the Property, in such amounts as determined by the Owner in its sole discretion.

  • Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • Net Working Capital Target means $0.00.

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Advance has the meaning specified in Section 2.01(a).

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).