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, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,000
Appears in 2 contracts
Sources: Credit Agreement (Navarre Corp /Mn/), Credit Agreement (Navarre Corp /Mn/)
Maximum Capital Expenditures. The Borrower and its Subsidiaries on a consolidated basis shall not make any Capital Expenditures, individually or in the aggregate, in excess of $22,500,000 for the fiscal year of the Borrower ending 12/29/01. The Borrower shall not make aggregate Capital Expenditures during for the following periods that exceed fiscal year ending 12/28/02 in excess of $10,000,000. In addition, for the fiscal year ending 12/28/02, the amount of Borrower's aggregate the amounts set forth opposite each of such periods: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,000less net proceeds of asset dispositions (excluding sales of inventory) shall not exceed $7,000,000.
Appears in 2 contracts
Sources: Loan Agreement (MRS Fields Holding Co Inc), Loan Agreement (MRS Fields Original Cookies Inc)
Maximum Capital Expenditures. The Borrower shall not permit the aggregate amount of Capital Expenditures made by the Borrower and its Subsidiaries on a consolidated basis shall to exceed $2,500,000 during any fiscal year; provided, that up to 50% of the amount referred to above, if not make Capital Expenditures during the following periods that exceed so expended in the aggregate fiscal year for which it is permitted, may be carried over for expenditure in the amounts set forth opposite each of next succeeding fiscal year, and provided, further, that any such periods: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,000amount carried over to the next succeeding fiscal year shall be deemed the first amount expended during such next succeeding fiscal year.
Appears in 1 contract
Maximum Capital Expenditures. Capital Expenditures made or incurred by the Borrower and its Subsidiaries on a consolidated basis basis, shall not make exceed $700,000 for each of the Borrower's fiscal years ending June 30, 2000 and June 30, 200j, respectively. Thereafter, Capital Expenditures during shall not exceed $725,000 for any fiscal tear of the following periods that exceed in Borrower beginning with the aggregate the amounts set forth opposite each of such periods: Period Maximum Capital Expenditures per Period Fiscal Year fiscal year ending on or about March 31June 30, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,0002002.
Appears in 1 contract
Sources: Credit Agreement (Luxtec Corp /Ma/)
Maximum Capital Expenditures. Borrower and its Subsidiaries on a consolidated basis shall not make Capital Expenditures during as at the following periods end of each Fiscal Quarter set forth below that exceed in the aggregate the amounts set forth opposite each of such periodsFiscal Quarter: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March January 31, 2007 $ 7,900,000 Fiscal Year ending on or about March 15,000 April 30, 2007 $ 30,000 July 31, 2007 $ 45,000 October 31, 2007 $ 60,000 January 31, 2008 $ 9,500,000 and for all Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending Quarters thereafter $ 3,000,00060,000
Appears in 1 contract
Sources: Loan and Security Agreement (Charys Holding Co Inc)
Maximum Capital Expenditures. The Borrower will not, nor will it permit any Subsidiary to, incur or make Capital Expenditures during any fiscal year set forth below in an aggregate amount for the Borrower and its Subsidiaries on a consolidated basis shall not make Capital Expenditures during that exceeds the following periods that exceed in the aggregate the amounts amount set forth opposite each of such periodsfiscal year: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31, 2007 year 2020 $ 7,900,000 22,000,000 Fiscal Year ending on or about March 31, 2008 year 2021 $ 9,500,000 22,000,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter year 2022 $ 3,000,00025,000,000
Appears in 1 contract
Maximum Capital Expenditures. Borrower and its Subsidiaries on a consolidated basis shall not make Capital Expenditures no capital expenditures in excess of the following amounts during the following periods that exceed in the aggregate the amounts set forth opposite each of such periodsfiscal years: Period Maximum Capital Expenditures per Period Fiscal Year ending on or about March 31End Amount April 30, 2005 $ 10,000,000 April 30, 2006 $ 14,000,000 April 30, 2007 $ 7,900,000 Fiscal Year ending on or about March 31, 2008 $ 9,500,000 Fiscal Year ending on or about March 31, 2009 and each Fiscal Year ending thereafter $ 3,000,00014,000,000
Appears in 1 contract
Sources: Loan and Security Agreement (Smith & Wesson Holding Corp)