Tooling Expenditures definition
Tooling Expenditures means expenditures in respect of jigs, dies, fixtures, molds, patterns, taps, gauges, other equipment and manufacturing aids, all components of these items, and replacements of these items, used for the production of parts and components of Inventory of the Credit Parties.
Examples of Tooling Expenditures in a sentence
Company shall not, and shall not permit its Subsidiaries to, make or incur Tooling Expenditures, at any time from the Closing Date until the date that is 90 days following the Closing Date, in excess of $1,000,000.