Certain Expenditures Sample Clauses
Certain Expenditures. If a revision to Specifications, other -------------------- than revisions described in Section 7.1(h) below or Section 7.5 below, requires Supplier to pay for additional equipment or otherwise pay for costs that, either on a one-time or an on-going basis, exceed the [*] (including Materials and Conversion Charges) for that Product projected to be paid to Supplier under this Agreement pursuant to the most recent applicable forecasts, then GWI shall bear all necessary and reasonable costs incurred by Supplier directly as a result of such revision to the Specifications to the extent the same are incurred outside of Supplier's ordinary course of business. Supplier shall pay all costs associated with any revisions to Specifications that (i) are described in Section 7.1(h) below or for which Supplier is responsible pursuant to Section 7.5 below or (ii) GWI is not obligated to bear under this Section 7.1(d).
Certain Expenditures. (a) Make expenditures for any operated drilling rigs or associated frac crews drilling for crude oil or natural gas other than:
(i) at all times prior to delivery of the Compliance Certificate with respect to the fiscal quarter of the Borrower ending December 31, 2023, for not more than three simultaneous rigs and associated frac crews drilling for crude oil or natural gas; and thereafter
(ii) for not more than two simultaneous rigs and associated frac crews drilling for crude oil or natural gas for so long as Total Net Leverage Ratio (based on LQA EBITDAX) as of the most recently delivered Compliance Certificate is equal to or greater than 1.00 to 1.00; or
(iii) for not more than three simultaneous rigs and associated frac crews drilling for crude oil or natural gas if Total Net Leverage Ratio (based on LQA EBITDAX) as of the most recently delivered Compliance Certificate is equal to or greater than 0.75 to 1.00 but less than 1.00 to 1.00; provided, that:
Certain Expenditures. The amount of out-of-pocket expenditures made or incurred by Seller or the Company in purchasing any portion of the real property subject to a Lease, provided that Buyer reasonably approves and reasonably consents to the purchase and any related expenditures in writing, provided, however, that, notwithstanding any other provision of this Agreement, neither Seller nor the Company shall be obligated to make or incur any such expenditures.
Certain Expenditures. Mobil and Valero agreed that prior to Closing, Mobil would conduct certain projects as more fully set forth on Schedule 7.20. Valero shall reimburse Mobil, at the Closing, for all costs and expenses associated with such projects paid by Mobil from June 1, 1998 to the Closing as reflected on Schedule 7.20.
Certain Expenditures. Any expenditures of the Company described in §705(a)(2)(B) of the Code or treated as §705(a)(2)(B) expenditures pursuant to Regulations §1.704-1(b)(2)(iv)(i), and not otherwise taken into account in computing Net Profits and Net Losses, shall be subtracted from such taxable income or loss.
Certain Expenditures. (a) Make or commit to make any Capital Expenditure, (i) except Capital Expenditures constituting Qualified Investments and (ii) Capital Expenditures previously approved in writing by Agent pursuant to a Request for Approval of Capital Expenditure substantially in the form of Exhibit I.
(b) Incur, or commit to incur, cash general and administrative expenses (as such term is defined under GAAP) for Borrower and its Subsidiaries in excess of the amounts set forth below for the applicable period:
Certain Expenditures. The Borrower will advise the Administrative Agent in writing of: (i) all expenditures (actual or anticipated) in excess of $250,000 for (A) environmental clean-up, (B) environmental compliance or (C) environmental testing and the impact of said expenses on the Borrower's working capital; and (ii) any written notices the Borrower receives involving potential or actual liability in excess of $250,000 from any local, state or federal authority or any notice from any other third party advising the Borrower of any environmental liability (real or potential) stemming from the Borrower's operations, its premises, its waste disposal practices, or waste disposal sites used by the Borrower; and