Non-Financed Capital Expenditures definition

Non-Financed Capital Expenditures means Capital Expenditures not financed by the seller of the capital asset, by a third party lender or by means of any extension of credit by Lender other than by means of an Advance under the Revolving Credit Facility.

Non-Financed Capital Expenditures means Capital Expenditures paid in cash and not financed with Indebtedness for borrowed money; provided that Capital Expenditures financed with the proceeds of Revolving Loans shall be deemed to constitute “Non-Financed Capital Expenditures” for purposes of this Agreement.

Non-Financed Capital Expenditures means, for the prior twelve-month period, all Capital Expenditures other than those made utilizing financing provided by the applicable seller or third party lenders or fundings under the Facility.

Examples of Non-Financed Capital Expenditures in a sentence

• The Fixed Charge Coverage Ratio is calculated as the EBITDA for the period minus Distributions, minus Non-Financed Capital Expenditures, divided by the sum of current maturities plus interest expense.

• One can easily grasp RENAULT’s motivation to optimize the loading of these trucks.

• For purposes of this provision, excess cashflow is EBITDA minus Non-Financed Capital Expenditures, permitted compensation (see Paragraph 7.10), cash taxes paid, and all principal and interest payments.

• For any fiscal period, the net loss of the Company and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP) during such period, plus amortization and depreciation, minus taxes paid in cash and Non-Financed Capital Expenditures.

• In no event shall the Borrower Consolidation expend in excess of Five Hundred Thousand Dollars ($500,000.00) on Non-Financed Capital Expenditures during any Fiscal Year.

More Definitions of Non-Financed Capital Expenditures

Non-Financed Capital Expenditures means the total amount of Capital Expenditures for any period, as determined on a Consolidated basis in accordance with GAAP, made by the Credit Parties and their Subsidiaries determined exclusive of those Capital Expenditures made from (a) funds borrowed by a Borrower (for purposes of this clause (a) “funds borrowed” will not include funds borrowed from Lenders as a Revolving Loan) or pursuant to any Capital Lease or (b) the Net Proceeds from any Casualty Loss.

Non-Financed Capital Expenditures means, for any Person, Capital Expenditures other than those financed within 30 days after incurrence with Debt (other than Revolving Loans or Swingline Loans) incurred by such Person, or pursuant to a sale and leaseback transaction.

Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

Non-Financed Capital Expenditures means Capital Expenditures not financed with additional long-term debt or Capital Leases.

Non-Financed Capital Expenditures means, for any period, all Capital Expenditures made during such period that have not been funded with the proceeds of purchase money financing (including, without limitations, finance leases) other than the proceeds of Loans.

Non-Financed Capital Expenditures. For any period, the portion of the Capital Expenditures made during such period which was not financed by Purchase Money Indebtedness or Capitalized Leases permitted to be incurred by Section 9.2(f).

Non-Financed Capital Expenditures means the total amount of capital expenditures for any period, as determined in accordance with GAAP, made by Borrower determined exclusive of those capital expenditures made from (a) funds borrowed by Borrower (for purposes of this clause (a) "funds borrowed" will not include funds borrowed from Lender as a Revolving Loan) or pursuant to any capitalized lease or (b) the proceeds of condemnation or eminent domain proceedings or any insurance proceeds resulting from any casualty loss.