Common use of Large Expenditures Clause in Contracts

Large Expenditures. Take no action to pay, agree to pay, or incur any liability, excepting such liabilities that have been accrued on its books as of the date of this Plan of Merger, for the purchase or lease of any item of real property, fixtures, equipment, or other capital asset in excess of $50,000 individually or in excess of $100,000 in the aggregate with respect to Merchants, except pursuant to prior commitments or plans made by Merchants that are disclosed in the Merchants Disclosure Statement.

Large Expenditures. Take no action to pay, agree to pay, or incur any liability, excepting such liabilities that have been accrued on its books as of the date of this Plan of Merger, for the purchase or lease of any item of real property, fixtures, equipment, or other capital asset in excess of $50,000 individually or in excess of $100,000 in the aggregate with respect to MerchantsPinnacle, except pursuant to prior commitments or plans made by Merchants Pinnacle that are disclosed in the Merchants Pinnacle Disclosure Statement.