Cash Expenditures Sample Clauses

Cash Expenditures. The Borrowers shall not, directly or indirectly, collectively make or incur individual cash expenditures, other than for raw materials used for manufacturing inventory, in excess of $400,000 in any fiscal quarter without the prior written consent of the Lender, which will not be unreasonably withheld or delayed.
Sample 1Sample 2
AutoNDA by SimpleDocs
Cash Expenditures. Notwithstanding any provision of this Agreement to the contrary, from the date of this Agreement to the Effective Time, the Company and its Subsidiaries shall not incur or make any payments that, in the aggregate, exceed the amounts contemplated by, or take any action that is inconsistent with, the statement of cash expenditures attached hereto as Schedule 5.7.
Sample 1Sample 2
Cash Expenditures. Borrower's actual cumulative cash expenditures for months ending November 30, 2000 and thereafter shall not exceed Borrower's actual cash receipts, on a cumulative basis, plus any increase in the principal balance of the Revolving Loans and minus any decrease in the principal balance of the Revolving Loans, on a cumulative basis, as set forth in the September 2000 Projections for such month-end.
Sample 1
Cash Expenditures. Borrower's actual cumulative cash expenditures for months ending June 30, 2000 and thereafter (excluding payments to the Agent and/or the Banks for application against the Obligations or the Master Lease) exceed Borrower's projected cash receipts, on a cumulative basis for the same period.
Sample 1
Cash Expenditures. The Company and each of its Subsidiaries shall restrict the net amount of cash expended on international operations and timber operations as follows:
Sample 1
Cash Expenditures. Until the occurrence of either of the conditions set forth in Sections 4.1(j)(i) or 4.1(j)(ii), the Borrower will not, and will not permit any Subsidiary, to make any cash expenditures except for cash expenditures in the ordinary course of business, and the net cash expenditures (or net cash inflows) of the Borrower and its Subsidiaries in the aggregate for any calendar week shall not It is understood that Schedule 6.4 represents the Borrower's best estimate of its net cash expenditure requirements as of the date of this Agreement and that the Borrower shall propose in writing updates to Schedule 6.4 as reasonably necessary to reflect changes in the net cash expenditures necessary for the Borrower's conduct of its business as it is presently conducted and the timely payment of its creditors, and Schedule 6.4 shall be modified from time to time to reflect such changes upon the prior written consent of the Lender, which shall not be unreasonably withheld.
Sample 1
Cash Expenditures. Borrower's actual cumulative cash expenditures (excluding Capital Expenditures) for any week exceed the anticipated cumulative cash expenditures (excluding Capital Expenditures) as set forth in the Cash Flow Projection.
Sample 1
AutoNDA by SimpleDocs
Cash Expenditures. The following new section 7.15 entitled “Cash Expenditures” is hereby added to the Loan Agreement under Article 7 of the Loan Agreement entitled “Borrower’s Negative Covenants”:
Sample 1
Cash Expenditures. Borrower shall not, without Lender’s prior written consent, make any expenditure in cash or cash equivalents (as determined by Lender), whether in one or a series of payments, which exceeds, in the aggregate, the sum of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00), except for payments made in Borrower’s normal and ordinary course of business in direct fulfillment by Borrower of specific and express contractual obligations of Borrower to provide goods or services to a Customer.”
Sample 1

Related to Cash Expenditures

  • Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Maximum Capital Expenditures Borrower and its Subsidiaries on a consolidated basis shall not make Capital Expenditures during the following periods that exceed in the aggregate the amounts set forth opposite each of such periods: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31, 2006 and each Fiscal Year ending thereafter $ 5,000,000 (b) [Intentionally Deleted]

  • Expenditures The Assuming Institution will pay such bills and invoices on behalf of the Receiver and the Corporation as the Receiver or the Corporation may direct for the period beginning on the date of the Bank Closing Date and ending on Settlement Date. The Assuming Institution shall submit its requests for reimbursement of such expenditures pursuant to Article VIII of this Agreement.

  • Eligible Expenditures 1. Subject to Article 8.7 of the Regulation, eligible expenditures of this Programme are:

  • Capital Expenditure Make or incur any Capital Expenditure if, after giving effect thereto, the aggregate amount of all Capital Expenditures by Borrower in any fiscal year would exceed the amount set forth on the Schedule;

  • Consolidated Capital Expenditures (i) Company will not, and will not permit any of its Subsidiaries to, make or commit to make Consolidated Capital Expenditures in any Fiscal Year, beginning with the Fiscal Year ending December 31, 2003, except Consolidated Capital Expenditures which do not aggregate in excess of the corresponding amount set forth below opposite such Fiscal Year: Fiscal Year Consolidated Capital Expenditures Fiscal Year ending December 31, 2003 $ 5,000,000 Fiscal Year ending December 31, 2004 $ 5,000,000 Fiscal Year ending December 31, 2005 and each Fiscal Year thereafter $ 7,000,000 provided that (a) if the aggregate amount of Consolidated Capital Expenditures actually made in any such Fiscal Year shall be less than the limit with respect thereto set forth above (before giving effect to any increase therein pursuant to this proviso) (the “Base Amount”), then the amount of such shortfall (up to an amount equal to 50% of the Base Amount for such Fiscal Year, without giving effect to this proviso) may be added to the amount of such Consolidated Capital Expenditures permitted for the immediately succeeding Fiscal Year and any such amount carried forward to a succeeding Fiscal Year shall be deemed to be used prior to Company and its Subsidiaries using the amount of capital expenditures permitted by this section in such succeeding Fiscal Year, without giving effect to such carryforward and (b) for any Fiscal Year (or portion thereof) following any acquisition of a business (whether through the purchase of assets or of shares of capital stock) permitted under subsection 6.7, the Base Amount for such Fiscal Year (or portion) shall be increased, for each such acquisition, by an amount equal to the product of (A) the lesser of (x) $5,000,000 and (y) 4% of revenues of the business acquired in such acquisition for the period of four Fiscal Quarters most recently ended on or prior to the date of such business acquisition multiplied by (B) (x) in the case of any partial Fiscal Year, a fraction, the numerator of which is the number of days remaining in such Fiscal Year after the date of such business acquisition and the denominator of which is 365 (or 366 in a leap year), and (y) in the case of any full Fiscal Year, 1.

  • LENDER'S EXPENDITURES If any action or proceeding is commenced that would materially affect Lender's interest in the Collateral or if Borrower fails to comply with any provision of this Agreement or any Related Documents, including but not limited to Borrower's failure to discharge or pay when due any amounts Borrower is required to discharge or pay under this Agreement or any Related Documents, Lender on Borrower's behalf may (but shall not be obligated to) take any action that Lender deems appropriate, including but not limited to discharging or paying all taxes, liens, security interests, encumbrances and other claims, at any time levied or placed on any Collateral and paying all costs for insuring, maintaining and preserving any Collateral. All such expenditures incurred or paid by Lender for such purposes will then bear interest at the rate charged under the Note from the date incurred or paid by Lender to the date of repayment by Borrower. All such expenses will become a part of the Indebtedness and, at Lender's option, will (A) be payable on demand; (B) be added to the balance of the Note and be apportioned among and be payable with any installment payments to become due during either (1) the term of any applicable insurance policy; or (2) the remaining term of the Note; or (C) be treated as a balloon payment which will be due and payable at the Note's maturity.

  • Expenditure Limit The Contractor shall notify the County of Orange assigned Deputy Purchasing Agent in writing when the expenditures against the Contract reach 75 percent of the dollar limit on the Contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the Contract unless a change order to cover those costs has been issued.

  • Estimated Payments During each calendar year or partial calendar year after the Base Year, in addition to Monthly Rent, Tenant shall pay to Landlord on the first day of each month an amount equal to one-twelfth (1/12) of the product of Tenant's Share multiplied by the "Estimated Operating Expenses" (defined below) for such calendar year. "Estimated Operating Expenses" for any calendar year means Landlord's reasonable estimate of Operating Expenses for such calendar year, less the Operating Expenses for the Base Year and shall be subject to revision according to the further provisions of this Section 5.2 and Section 5.3. During any partial calendar year, Estimated Operating Expenses shall be estimated on a full-year basis. During each December in which this Section 5.2 is applicable, or as soon after each December as practicable, Landlord shall give Tenant written notice of the Estimated Operating Expenses for the ensuing calendar year. On or before the first day of each month during the ensuing calendar year (or each month of the Term if the Term will expire before the end of the calendar year), Tenant shall pay to Landlord one-twelfth (1/12) of the product of Tenant's Share multiplied by the Estimated Operating Expenses for such calendar year; however, if such written notice is not given in December, Tenant shall continue to make monthly payments on the basis of the prior year's Estimated Operating Expenses until the month after such written notice is given, at which time Tenant shall commence making monthly payments based upon the revised Estimated Operating Expenses. In the month Tenant is first required to make a payment based upon the revised Estimated Operating Expenses, Tenant shall pay to Landlord for each month which has elapsed since December the difference between the amount payable based upon the revised Estimated Operating Expenses and the amount payable based upon the prior year's Estimated Operating Expenses. If at any time or times it reasonably appears to Landlord that the actual Operating Expenses for any calendar year will vary from the Estimated Operating Expenses for such calendar year, Landlord may, by written notice to Tenant, revise the Estimated Operating Expenses for such calendar year, and subsequent payments by Tenant in such calendar year shall be based upon such revised Estimated Operating Expenses.

Time is Money Join Law Insider Premium to draft better contracts faster.