Maximum Capital Expenditure Amount definition

Maximum Capital Expenditure Amount means, with respect to any fiscal year of the Company, an amount equal to the greater of (i) $140,000,000 and (ii) 70% of Consolidated EBITDA for the immediately preceding fiscal year of the Company.

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Maximum Capital Expenditure Amount means for any Fiscal Year, $25,000,000."

Maximum Capital Expenditure Amount appearing in Section 1 of the Lease is hereby amended by deleting such definition in its entirety and inserting the following text in lieu thereof:

Examples of Maximum Capital Expenditure Amount in a sentence

The Company will not, nor will it permit any Subsidiary to, expend in excess of the Maximum Capital Expenditure Amount (in the aggregate) for Consolidated Capital Expenditures during any fiscal year of the Company.
The Loan Parties will not, and will not permit any Subsidiary of any Loan Party to, make, or be committed to make, Capital Expenditures which in the aggregate in any Fiscal Year exceed the Maximum Capital Expenditure Amount for such Fiscal Year.
Section 7.5(e) of the Credit Agreement is hereby amended by deleting the Maximum Capital Expenditure Amount for the fiscal year ended December 31, 2008, of $225,000,000, and, in lieu thereof, inserting a Maximum Capital Expenditure Amount for the fiscal year ended December 31, 2008, of $240,000,000.
For purposes of this paragraph 8N, "Maximum Capital Expenditure Amount" means (x) with respect to fiscal year 2001, $16,500,000 (less amounts attributable to assets sold or disposed of by the Company and its Subsidiaries as shown on the Capital Expenditure Schedule delivered to the Purchaser by the Company on the Amendment No. 4 Effective Date) and (y) with respect to any succeeding fiscal year of the Company, $11,000,000.
The Company will not permit during any fiscal year of the Company Consolidated Capital Expenditures to exceed the Maximum Capital Expenditure Amount for such fiscal year.

More Definitions of Maximum Capital Expenditure Amount

Maximum Capital Expenditure Amount has the meaning assigned to that term in subsection 6.5C.

Maximum Capital Expenditure Amount means, with respect to any Fiscal Year, an amount equal to (a) Consolidated EBITDA for the Measurement Period ending on or around October 31 of the immediately prior Fiscal Year less (b) the product of (i) 1.1 multiplied by (ii) Debt Service Charges for the Measurement Period ending on or around October 31 of the immediately prior Fiscal Year.

Maximum Capital Expenditure Amount means (x) with respect to Fiscal Year 2001, $15,000,000 (less amounts attributable to assets sold or disposed of by the Company and its Subsidiaries as shown on the Capital Expenditure Schedule delivered to the Agent and the Lenders by the Company prior to the Sixth Amendment Effective Date) and (y) with respect to any succeeding Fiscal Year, $10,000,000.

Maximum Capital Expenditure Amount means for any period, the amount set fourth opposite such period below: Fiscal Year Amount ----------- ------ 2004 $20,000,000 2005 $20,000,000 2006 $21,300,000 2007 $21,500,000 Each Fiscal Year $22,000,000 thereafter

Maximum Capital Expenditure Amount means, for the Loan Parties’ 2007 Fiscal Year, $2,600,000, and, for each Fiscal Year thereafter, $1,500,000; provided that, so long as (a) no Default has then occurred and is continuing and (b) the Administrative Agent has received the projections and other information required to be provided by the Borrowers pursuant to Section 5.01(f) with respect to such Fiscal Year and has notified the Borrowers in writing that it is satisfied with such projections and other information, the Maximum Capital Expenditure Amount for (i) the Loan Parties’ 2008 Fiscal Year shall be $1,750,000 and (ii) the Loan Parties’ 2009 Fiscal Year and each Fiscal Year thereafter shall be $2,000,000; provided, further, that, in the event that the conditions set forth in the preceding clauses (a) and (b) are not met in respect of any Fiscal Year, the Maximum Capital Expenditure Amount for such Fiscal Year shall be $1,500,000.

Maximum Capital Expenditure Amount means, (i) for the calendar year ending December 31, 2014, $300,000,000, (ii) for the calendar year ending December 31, 2015, $350,000,000 and (iii) for each calendar year thereafter, the sum of (A) $85,000,000 plus (B) 45% of Consolidated EBITDA (calculated without giving effect to the add back in clause (vii) of the definition thereof) for the immediately prior calendar year, plus (C) the aggregate amount of Net Cash Proceeds received by the Borrower or any Restricted Subsidiary during the immediately prior calendar year from Drop Down Transactions (solely to the extent such Net Cash Proceeds are not required to be used to repay the Loans pursuant to Section 4.4(b)(ii)). For the avoidance of doubt, the Maximum Capital Expenditure Amount for each calendar year shall be increased by the applicable carry- over amount (if any) for such calendar year as set forth in Section 9.14.

Maximum Capital Expenditure Amount means, for any Fiscal Year, $1,500,000; provided that, so long as (a) no Default has then occurred and is continuing and (b) the Administrative Agent has received the projections and other information required to be provided by the Borrowers pursuant to Section 5.01(f) with respect to such Fiscal Year and has notified the Borrowers in writing that it is satisfied with such projections and other information, the Maximum Capital Expenditure Amount for (i) the Loan Parties’ 2008 Fiscal Year shall be increased to $1,750,000 and (ii) the Loan Parties’ 2009 Fiscal Year and each Fiscal Year thereafter shall be increased to $2,000,000; provided, further, that, in the event that the conditions set forth in the preceding clauses (a) and (b) are not met in respect of any Fiscal Year, the Maximum Capital Expenditure Amount for such Fiscal Year shall be $1,500,000.