Maximum Consolidated Capital Expenditures Sample Clauses

Maximum Consolidated Capital Expenditures. Borrower shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures (excluding normal replacements and maintenance that are properly charged to current operations), in any Fiscal Year indicated below, in an aggregate amount for Borrower and its Subsidiaries in excess of the corresponding amount set forth below (as adjusted in accordance with the following proviso) opposite such Fiscal Year: Fiscal Year Consolidated Capital Expenditures 2011 $ 11,000,000 2012 and each Fiscal Year thereafter $ 9,000,000 The amount set forth above for each Fiscal Year is the “Base Amount”. The Base Amount for any Fiscal Year shall be increased by an amount equal to (i) 50% of the excess, if any, of the Base Amount for the immediately preceding Fiscal Year (as adjusted in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures of the type limited by this Section 6.7(c) for such previous Fiscal Year (the “Carry Forward Amount”) and (ii) any amounts allowed to be made or incurred for Consolidated Capital Expenditures in the immediately subsequent Fiscal Year (as set forth below), if any (but in no event more than $1,000,000) (the “Carry Back Amount”); provided that any amounts so made or incurred in such Fiscal Year in reliance on this clause (ii) shall result in a corresponding reduction (on a dollar-for-dollar basis) in the Base Amount of Consolidated Capital Expenditures allowed to be made or incurred in such immediately subsequent Fiscal Year. Consolidated Capital Expenditures as permitted above shall be deemed to reduce first, any Carry Back Amount (if any); second, the amount set forth in the chart above; and third, any Carry Forward Amount.
Maximum Consolidated Capital Expenditures. Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount for Holdings and its Subsidiaries in excess of the corresponding amount set forth below opposite such Fiscal Year (the “Base CapEx Amount”); provided, such amount for any Fiscal Year shall be increased by an amount equal to 50% of the excess, if any, of such amount for the immediately preceding Fiscal Year (without giving effect to this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year (the “Carryforward”) and the permitted amount for any Fiscal Year shall be calculated by utilizing the Carryforward prior to utilizing the Base CapEx Amount for such Fiscal Year: Fiscal Year Base CapEx Amount 2007 $30,000,000 2008 $30,000,000 2009 $32,000,000 2010 $32,000,000 2011 and thereafter $35,000,000
Maximum Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Quarter and Fiscal Year indicated below, in an aggregate amount for Company and its Subsidiaries in excess of the corresponding amount set forth below opposite such Fiscal Quarter or Fiscal Year, as applicable: Fiscal Quarter/Fiscal Year Consolidated Capital Expenditures For the Fiscal Year ending March 31, 2015 $12,000,000 For the Fiscal Quarter ending June 30, 2015 $3,300,000 For the Fiscal Quarter ending September 31, 2015 $5,170,000 For the Fiscal Quarter ending December 31, 2015 $770,000 For the Fiscal Quarter ending March 31, 2016 $660,000 For the Fiscal Year ending March 31, 2017 $12,000,000 For the Fiscal Year ending March 31, 2018 $12,000,000 For the Fiscal Year ending March 31, 2019 $13,000,000 provided, that to the extent that the amount of Consolidated Capital Expenditures made in any Fiscal Year is less than the maximum amount permitted above during such Fiscal Year (without giving effect to any additional amount available as a result of this proviso), (i) up to fifty percent (50.0%) of such difference may be carried forward and used in the immediately succeeding Fiscal Year (but not any subsequent Fiscal Year), and (ii) in such immediately succeeding Fiscal Year, Consolidated Capital Expenditures shall be applied, first, to the permissible amount of Consolidated Capital Expenditures for such Fiscal Year, and, second, to the portion so carried forward; provided, further, that to the extent that the amount of Consolidated Capital Expenditures made in any Fiscal Quarter during any Fiscal Year is less than the maximum amount permitted above during such Fiscal Quarter, up to one hundred percent (100%) of such difference may be carried forward to subsequent Fiscal Quarters and used in the same Fiscal Year.
Maximum Consolidated Capital Expenditures. Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $172,500,000 for such Fiscal Year; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $86,250,000) of such amount for the immediately preceding Fiscal Year (as adjusted in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year.
Maximum Consolidated Capital Expenditures. Consolidated Capital Expenditures made during each fiscal year of the Borrower, shall be less than or equal to the amounts set forth below: Period Amount Closing Date through December 31, 2010 $ 6,000,000 Fiscal Year Ending December 31, 2011 $ 25,000,000 Fiscal Year Ending December 31, 2012 $ 25,000,000 January 1, 2013 through Maturity Date $ 21,875,000 plus, beginning with the fiscal year ending December 31, 2012, the unused amount available for Consolidated Capital Expenditures under this Section 5.9(d) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, that with respect to any fiscal year, capital expenditures made during any such fiscal year shall be deemed to be made first with respect to the applicable limitation for such year and then with respect to any carry forward amount to the extent applicable.
Maximum Consolidated Capital Expenditures. Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount for Holdings and its Subsidiaries in excess of the corresponding amount set forth below opposite such Fiscal Year; provided, such amount for any Fiscal Year shall be increased by an amount equal to 50% of the excess, if any (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for the previous Fiscal Year: FISCAL YEAR CONSOLIDATED CAPITAL EXPENDITURES 2006 $ 3,000,000 2007 $ 3,000,000 2008 $ 3,000,000 2009 $ 3,000,000 2010 $ 3,000,000 2011 $ 3,000,000 Thereafter $ 3,000,000
Maximum Consolidated Capital Expenditures. Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year beginning with the Fiscal Year 2005, in an aggregate amount for Holdings and its Subsidiaries in excess of $40,000,000 in any Fiscal Year; provided, that 50% of any unutilized amount for any Fiscal Year may be utilized in the next succeeding Fiscal Year, but in no event shall any amount from any Fiscal Year prior to the immediately preceding Fiscal Year be utilized in the calculations of the foregoing.
Maximum Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount for Company and its Subsidiaries in excess of the corresponding amount set forth below opposite such Fiscal Year; provided, 75% of any unutilized amount for any Fiscal Year may be utilized in the next succeeding Fiscal Year; and provided, further, that no more than 20% of Consolidated Capital Expenditures in any Fiscal Year may be incurred for expenditures not related to Company's core CLEC switched access business as conducted as of the Closing Date and similar or related businesses: ================================================================================ Consolidated Fiscal Year Capital Expenditures -------------------------------------------------------------------------------- 1999 $310,000,000 -------------------------------------------------------------------------------- 2000 $225,000,000 ================================================================================ provided further that, so long as no event shall have occurred and be continuing or would result from such expenditure that would result in a Default or Event of Default, the amounts specified in the table above shall each be increased by an amount equal to (i)(x) the net cash proceeds received by Company from the issuance after the Closing Date of any Additional Equity Securities to the extent such proceeds are contributed to Borrower and/or its Subsidiaries multiplied by (y) one-half less (ii) the amount of additional Permitted Acquisitions made pursuant to the final proviso in clause (iv) of the definition of "Permitted Acquisitions".
Maximum Consolidated Capital Expenditures. Holdings and Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, except that Company and any Guarantor Subsidiary may make or incur Consolidated Capital Expenditures (i) during any calendar year in an aggregate amount not in excess of (A) $10,000,000 plus (B) the unused portion of Consolidated Capital Expenditures permitted to be made or incurred in the immediately preceding calendar year (it being understood that the amount under this subclause (B) shall not exceed the lesser of such unused portion and $10,000,000) and (ii) associated with the consolidation of Facilities and costs associated with the acquiring and/or the development and construction of one new manufacturing facility in an aggregate amount not to exceed $15,000,000.
Maximum Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures in any Fiscal Year ending prior to or on the Maturity Date in an aggregate amount for Company and its Subsidiaries in excess of $5,000,000; provided, such amount for any Fiscal Year shall be increased by the amount by which $5,000,000 exceeds the Consolidated Capital Expenditures for the immediately preceding Fiscal Year.