“Capital Expenditures” means for any period the sum of all capital expenditures incurred during such period by the Borrower and its Consolidated Subsidiaries, as determined in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.

“Capital Expenditures” meansmeans, for any periodperiod, the sumaggregate of all capital expenditures incurred during such period(whether paid in cash or accrued as liabilities and including in all events all amounts expended or capitalized under Financing Leases) by the Borrower and its Consolidated Subsidiaries,Restricted Subsidiaries during such period that, in conformity with GAAP, are or are required to be included as determined in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.capital expenditures on the consolidated statement of cash flows of the Borrower and its Restricted Subsidiaries.

“Capital Expenditures” meansmeans, for any periodperiod, the sumaggregate of all capital expenditures incurred(whether paid in cash or accrued as liabilities and including in all events all amounts expended or capitalized under Capitalized Leases) by the ​ and the Restricted Subsidiaries during such period bythat, in conformity with GAAP, are or are required to be included as capital expenditures on the Borrowerconsolidated statement of cash flows of the ​ and its Consolidated Subsidiaries, as determined in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.the Restricted Subsidiaries.

“Capital Expenditures” means for any periodall expenditures of the sum of all capital expenditures incurred during such period by the BorrowerBorrowers and its Consolidated Subsidiaries, as determinedtheir Subsidiaries which, in accordance with GAAP; provided that in no event shall a Portfolio InvestmentGAAP, would be considered aclassified as capital expenditures, including, without limitation, Capital Expenditure.Leases.

“Capital Expenditures” meansmeans, with respect to any Person for any periodperiod, the sumaggregate of all capital expenditures incurredby such Person and its Subsidiaries during such period by the Borrower and its Consolidated Subsidiaries,that are capital expenditures as determined in accordance with GAAP; provided thatGAAP, whether such expenditures are paid in no event shall a Portfolio Investment be considered a Capital Expenditure.cash or financed.

““Capital Expenditures” meansExpenditures” means, for any periodperiod, the sumaggregate of all capital expenditures incurredby ​ and its consolidated Subsidiaries during suchthat period that, in conformity with Agreement Accounting Principles, are required to be included in or reflected by the Borrowerproperty, plant, equipment or similar fixed asset accounts reflected in the consolidated balance sheet of ​ and its Consolidated Subsidiaries, as determined in accordance with GAAP; provided that in no eventSubsidiaries (which shall a Portfolio Investment be considered ainclude, without limitation, Capital Expenditure.Leases).

“Capital Expenditures” meansshall mean, for any periodperiod, without duplication, # the sum of alladditions to property, plant and equipment and other capital expenditures incurred duringof the Borrower and its Subsidiaries that are (or would be) set forth on a consolidated statement of cash flows of the Borrower for such period prepared in accordance with GAAP and # Capital Lease Obligations incurred by the Borrower and its Consolidated Subsidiaries, as determined in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.Subsidiaries during such period.

“Capital Expenditures” means for any period the sum of all capital expenditures incurred during such period bymeans, with respect to the Borrower and its Subsidiaries on a Consolidated Subsidiaries, as determinedbasis, for any period, # the additions to property, plant and equipment and other capital expenditures that are (or would be) set forth in a consolidated statement of cash flows of such Person for such period prepared in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered aGAAP and # Capital Expenditure.Lease Obligations during such period.

“Capital Expenditures” meansmeans, for any periodperiod, the sum of alladditions to property, plant and equipment and other capital expenditures incurred duringof Holdings, Intermediate Holdings, the Borrowers and the Restricted Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of Holdings for such period by the Borrower and its Consolidated Subsidiaries, as determinedprepared in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.GAAP.

“Capital Expenditures” meansmeans, for any periodperiod, the sumaggregate of all capital expenditures incurred(whether paid in cash or accrued as liabilities and including in all events all amounts expended or capitalized under Financing Leases) by the Lead Borrower and its Restricted Subsidiaries during such period bythat, in conformity with GAAP, are or are required to be included as capital expenditures on the consolidated statement of cash flows of the Lead Borrower and its Consolidated Subsidiaries, as determined in accordance with GAAP; provided that in no event shall a Portfolio Investment be considered a Capital Expenditure.Restricted Subsidiaries.