Definition of Poly America Assets

  1. Poly America Assets means the equipment and other assets purchased by GSE Lining Technology, LLC pursuant to and in accordance with the Poly America Purchase Agreement, including any improvements and/or refurbishments to such equipment and other assets.

Examples of Poly America Assets in a sentence

  1. (a) The Credit Parties and their Subsidiaries shall not make or commit to make Capital Expenditures (excluding, in any event, to the extent constituting Capital Expenditures, the purchase price for the Poly America Assets) for any Fiscal Year set forth below in excess of the amount set forth in the table below with respect to such Fiscal Year:

Definition of Poly America Assets in First Lien Credit Agreement

Poly America Assets means the equipment and other assets purchased by GSE Lining Technology, LLC pursuant to and in accordance with the Poly America Purchase Agreement, including any improvements and/or refurbishments to such equipment and other assets.