Adjusted Capital Expenditures definition

Adjusted Capital Expenditures means, for any period, Capital Expenditures and Capital Lease Obligations incurred by any New Parent, the Parent, the Company and their Restricted Subsidiaries during such period, but excluding in each case (i) any such expenditure made to restore, replace or rebuild property to the condition of such property immediately prior to any damage, loss, destruction or condemnation of such property, to the extent such expenditure is made with insurance proceeds, condemnation awards or damage recovery proceeds relating to any such damage, loss, destruction or condemnation, (ii) any such expenditure constituting reinvestment of the Net Proceeds of any Asset Sale permitted by this Indenture and (iii) any Capital Expenditures made or deemed to be made resulting from the acquisition of property or assets by any New Parent, the Parent, the Company or any of their Restricted Subsidiaries the consideration for which acquisition was Equity Interests (other than Disqualified Stock) of any New Parent, the Parent, the Company or any of their Restricted Subsidiaries otherwise permitted by this Indenture.

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Adjusted Capital Expenditures means Capital Expenditures other than ----------------------------- Capital Expenditures made from the proceeds of asset sales.

Adjusted Capital Expenditures means, for any period, Capital Expenditures and Capital Lease Obligations incurred by any New Parent, the Company and their Restricted Subsidiaries during such period, but excluding in each case (i) any such expenditure made to restore, replace or rebuild property to the condition of such property immediately prior to any damage, loss, destruction or condemnation of such property, to the extent such expenditure is made with insurance proceeds, condemnation awards or damage recovery proceeds relating to any such damage, loss, destruction or condemnation, (ii) any such expenditure constituting reinvestment of the Net Proceeds of any Asset Sale permitted by this Indenture and (iii) any Capital Expenditures made or deemed to be made resulting from the acquisition of property or assets by any New Parent, the Company or any of their Restricted Subsidiaries the consideration for which acquisition was Equity Interests (other than Disqualified Stock) of any New Parent, the Company or any of their Restricted Subsidiaries otherwise permitted by this Indenture.

Examples of Adjusted Capital Expenditures in a sentence

• As used herein, the term "New Lease Financing" means additional lease or vendor financing commitments to finance Adjusted Capital Expenditures (as permitted under SECTIONS 7.01(G) and 7.02(G) of the Credit Agreement and excluding ACME's existing lease facility provided by Union Bank of California) The cash and cash equivalents required to be maintained by the Company for ACME's benefit as provided herein, after giving effect to the reductions described above, are referred to as the "Parent Reserve").

• As used herein, the term "New Lease Financing" means additional lease or vendor financing commitments to finance Adjusted Capital Expenditures (as permitted under SECTIONS 7.01(g) and 7.02(g) and excluding the Borrower's existing lease facility provided by Union Bank of California).

• During each fiscal year, the aggregate amount of all Adjusted Capital Expenditures of Holdings and the Subsidiaries will not exceed the applicable Capital Expenditure Limit for such fiscal year.

• If Ashland has paid an amount (excluding interest thereon) pursuant to Section 4.4(f) that is greater than the amount of Ashland’s Adjusted Capital Expenditures as determined pursuant to this Section 4.4, then the Company shall promptly pay to Ashland the amount of such excess payment, without interest.

• Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Adjusted Capital Expenditures in any period indicated below in an aggregate amount in excess of $3,200,000 in Fiscal Year 2001 and $3,500,000 in any Fiscal Year thereafter.

More Definitions of Adjusted Capital Expenditures

Adjusted Capital Expenditures means Capital Expenditures, less Boeing Funded Capital Expenditures.

Adjusted Capital Expenditures means (a) for the four fiscal quarters ending any January 31, the lesser of (i) the Companies' actual capital expenditures during such four fiscal quarters, and (ii) $25,000,000, and (b) for the four fiscal quarters ending on any April 30, July 31, or October 31, the lesser of (i) the Companies' actual capital expenditures during such four fiscal quarters, and (ii) $15,000,000.

Adjusted Capital Expenditures with respect to any Person, for any four consecutive quarter period, the aggregate amount of Capital Expenditures made by such Person as adjusted such that for the purposes of this definition, the aggregate amount of Capital Expenditures made by such Person in respect of equipment located (or intended to be located once put to use) on the premises of a customer of Borrower or any of its Qualified Subsidiaries shall be no more than $15,000,000 for such period.

Adjusted Capital Expenditures means, for any period, all Capital Expenditures incurred during such period, minus the following, but only to the extent included in such Capital Expenditures:

Adjusted Capital Expenditures with respect to any Person for any period, the sum of (i) all expenditures of such Person in respect of the purchase or other acquisition of fixed or capital assets (excluding any such asset acquired in connection with normal replacement and maintenance programs properly charged to current operations) that are paid or due and payable in cash during such period and (ii) all Financing Lease expenses of such Person that are paid or (without duplication) due and payable in cash during such period.

Adjusted Capital Expenditures with respect to any Person, for any four consecutive quarter period, the aggregate amount of Capital Expenditures made by such Person as adjusted such that for the purposes of this definition, the aggregate amount of Capital Expenditures made by such Person in respect of equipment located (or intended to be located once put to use) on the premises of a customer of Borrower or any of its Qualified Subsidiaries shall be no more than $15,000,000 for such period; provided that one-time Capital Expenditures made by such Person in respect of (a) implementing digital voice, video-on-demand and wireless fidelity products and services, (b) integrating and upgrading systems acquired through the ▇▇▇▇▇▇, Milestone, Flood City, ▇▇▇▇▇▇▇▇, Limestone or ▇▇▇▇▇▇ Acquisitions, and (c) integrating and upgrading systems acquired through the G-Force Acquisition, in each case shall be excluded for purposes of this definition; provided further that the amount of Capital Expenditures excluded pursuant to clause (b) of the first proviso of this definition shall not exceed $6,000,000 in the aggregate and the amount of Capital Expenditures excluded pursuant to clause (c) of the first proviso of this definition shall not exceed $6,600,000 in the aggregate.”

Adjusted Capital Expenditures is hereby amended by deleting it in its entirety and substituting the following therefor: