Sustaining Capital Expenditures definition

Sustaining Capital Expenditures means Capital Expenditures that are incurred in connection with sustaining the Project in a manner consistent with the Development Plan and included in any Annual Budget and Operating Plan, in each case, as in effect on the date of incurrence of such Capital Expenditures.

Sustaining Capital Expenditures means the Capital Expenditures expected to be incurred by the Loan Parties in connection with customary maintenance of the Resorts, which the parties hereby agree shall be $4,000,000 during each four-quarter period.

Sustaining Capital Expenditures means capital expenditures made or to be made with a view to maintaining and sustaining the existing output and reliability of the Wxxxxx Assets (or increasing the existing output or reliability of the Wxxxxx Assets where such increase is incidental to non-discretionary replacement of existing equipment).

Examples of Sustaining Capital Expenditures in a sentence

• The Commission Panel noted in Section 2.3.3 that certain performance indices can be helpful in giving all parties a clear understanding of the requirements for Sustaining Capital expenditures.

• To address the needs of an ageing infrastructure, BCTC forecasts that the trend in Sustaining Capital expenditures will increase over the ten-year period relative to the F2006 Application.

• BCTC also reiterates that the increases in the Sustaining Capital expenditures arose from a few large projects, the general increase in Sustaining expenditures necessitated by the ageing of the transmission system, equipment maintainability concerns, and asset security and exposure to hazards.

• Minutes, LMC meeting, 30 Oct 1995, 12; Minutes, LMC meeting, 15 Apr 1996, 4; Minutes, LMC meeting, 14 Oct 1996, 4.

• Given these 11 increasing future needs, BCTC believes that it is particularly important to continue to 12 adequately address current Sustaining Capital issues to attempt to avoid resource- 13 related constraints, potential increased costs and larger than necessary future 14 increases in the level of Sustaining Capital expenditures.

More Definitions of Sustaining Capital Expenditures

Sustaining Capital Expenditures means, for each fiscal period, the Capital Expenditures for such fiscal period that are incurred to sustain and maintain existing assets at Mine at their then current productive capacity in order to achieve constant planned levels of productive output, as such Capital Expenditures are determined from time to time by the Company consistent with the computation made by GPS for the purposes of determining “all-in sustaining costs” as reported by GPS in its regulatory filings, with reference to the guidance on calculation of “all-in sustaining costs” issued by the World Gold Council;

Sustaining Capital Expenditures means, for any particular period, Capital Expenditures for such period that are incurred in connection with the sustaining of the then existing facilities and business of the Borrower, all calculated in accordance with generally accepted accounting principles and the Base Case Financial Model.

Sustaining Capital Expenditures means expenditures in respect of additions, replacements or improvements to property, plant and equipment required to maintain the Partnership’s business operations;

Sustaining Capital Expenditures means net additions, replacements or improvements to property, plant and equipment required to maintain New Fording’s business operations including its proportionate share of sustaining capital expenditures of the Partnership; however, in the case of Sustaining Capital Expenditures which are financed pursuant to capital leases or by debt, only the amount of lease or debt payments incurred during the relevant period will be included; “Sustaining Capital Expenditures of the Partnership” has a corresponding meaning;

Sustaining Capital Expenditures. Capital Expenditures for the replacement, substitution, maintenance, repair, restoration or refurbishment of fixed assets which are owned by the Borrower or any of its Subsidiaries and are necessary for the ongoing operations of existing mines and roasting facilities, but excluding any Capital Expenditures which significantly add to or improve any such property beyond its original state.

Sustaining Capital Expenditures means [redacted for commercially sensitive information]. Test Date means every Quarter Date in each year.

Sustaining Capital Expenditures means those amounts required to maintain ------------------------------- the current level of mine operations until the end of the then existing proven and probable minable reserves of the Mining Group.