Examples of Capital Expenditure Allowance in a sentence
Supported Borrowing is received through a Supported Capital Expenditure Allowance (SCE(R)) - This is the equivalent of the former Basic Credit Approval in that it is notional permission to borrow, and the resultant revenue costs (interest payments on debt) of those funds are supported via Housing Subsidy.
Notwithstanding the foregoing, there shall be no reduction for up to $50,000 of such Debt that relates to capital expenditures made subsequent to July 31, 1997 (the "Capital Expenditure Allowance").
Notwithstanding the foregoing, if any amount of the Weekly Capital Expenditure Allowance is not used in any week, such unused amount may be used in any subsequent week.
Capital Expenditures made in any such succeeding Fiscal Year shall be applied first to the Excess Capital 2 Expenditures Allowance carried forward until such Allowance is exhausted and shall then be applied to the maximum Capital Expenditures specified above for such Fiscal Year in determining whether an Excess Capital Expenditure Allowance is available to be carried forward to the next succeeding Fiscal Year in the manner described in this Subsection 7.5.4.
The Capital Expenditure Allowance shall be set aside by Lessor from sums received by Lessor as Base Rent or Percentage Rent, and in no event shall it be considered as Additional Charges to Lessee.
Capital Expenditures made in any such succeeding Fiscal Year shall be applied first to the Excess Capital Expenditures Allowance carried forward until such Allowance is exhausted and shall then be applied to the maximum Capital Expenditures specified above for such Fiscal Year in determining whether an Excess Capital Expenditure Allowance is available to be carried forward to the next succeeding Fiscal Year in the manner described in this Subsection 7.5(d).
No Loan Party shall incur, or permit to be incurred, Capital Expenditures (to the extent not the responsibility of the Parent under the Phase I MSA) to exceed $50,000 in any Fiscal Year (the “Capital Expenditure Allowance”) absent the prior written consent of the Administrative Agent, not to be unreasonably withheld; provided, that if any amount of the Capital Expenditure Allowance is not used a Fiscal Year, the Capital 103 CONFIDENTIAL TREATMENT REQUESTED BY CINEDIGM DIGITAL CINEMA CORP.
Capital Expenditures made in any such succeeding Fiscal Year shall be applied first to the Excess Capital Expenditures Allowance carried forward until such Allowance is exhausted and shall then be applied to the maximum Capital Expenditures specified above for such Fiscal Year in determining whether an Excess Capital Expenditure Allowance is available to be carried forward to the next succeeding Fiscal Year in the manner described in this Subsection 7.5.4.
As at the end of any week and subject to the following sentence, the Borrower shall not, without the prior written consent of the HOUSTON\2261364Majority Lenders in their sole discretion in each instance, permit the aggregate amount of Capital Expenditures of the Debtors made during such weekly period to the product of (x) the amount set forth in the Cash Budget (after taking into account approved updates) for such weekly period multiplied by (y) 110% (the "Weekly Capital Expenditure Allowance").
In the event the Franchise Agreement, and continuing compliance therewith, requires a Capital Expenditure, Lessee's obligations for making such required Capital Expenditure shall be limited to the Capital Expenditure Allowance, which Lessor shall make available for these purposes.