Capital Expenditures, etc. The Borrowers will not, and will not permit any of their Subsidiaries to, make or commit to make Capital Expenditures in any Fiscal Year, except Capital Expenditures which do not aggregate in excess of the amount set forth below opposite such Fiscal Year: 1997 $45,000,000 1998 $45,000,000 1999 $50,000,000 2000 and each Fiscal Year thereafter $55,000,000; provided, however, that the Borrowers may make additional Capital Expenditures for new plant openings in an aggregate amount not to exceed $20,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Simpson Industries Inc), Credit Agreement (Simpson Industries Inc)
Capital Expenditures, etc. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, make or commit to make Capital Expenditures in any Fiscal Year, except Capital Expenditures which do not aggregate in excess of the amount set forth below opposite such Fiscal Year: 1997 $45,000,000 1998 $45,000,000 1999 $50,000,000 2000 and each Fiscal Year thereafter $55,000,000; provided, however, that the Borrowers may make additional Capital Expenditures for new plant openings in an aggregate amount not to exceed $2002 $ 20,000,000 2003 $ 20,000,000 2004 $ 20,000,000.
Appears in 1 contract
Samples: Credit Agreement (Microsemi Corp)
Capital Expenditures, etc. The Borrowers Borrower will not, and will not permit any of their its Subsidiaries to, make or commit to make Capital Expenditures in any Fiscal Year, except Capital Expenditures which do not aggregate in excess of the amount set forth below opposite such Fiscal Year: 1997 $45,000,000 1998 $45,000,000 1999 $50,000,000 11,600,000 2000 and each Fiscal Year thereafter $55,000,000; provided, however, that the Borrowers may make additional Capital Expenditures for new plant openings in an aggregate amount not to exceed 13,600,000 2001 $20,000,00014,600,000 2002 $15,600,000 55 2003 $16,600,000.
Appears in 1 contract
Samples: Credit Agreement (Microsemi Corp)