Unfunded Capital Expenditures

Example Definitions of "Unfunded Capital Expenditures"
Unfunded Capital Expenditures. The amount by which Capital Expenditures is less than the Minimum Capital Expenditures as of the Share Purchase Closing Date or Merger Closing Date, as applicable, prorated for the month in which each Closing occurs.
Unfunded Capital Expenditures. For any relevant period, the amount of Capital Expenditures paid for out of ordinary operating cash flow and not financed through the incurrence of debt or the issuance of equity.
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