Capital Expenditures and Capitalized Leases Sample Clauses

Capital Expenditures and Capitalized Leases. Dealer will not, and it will not cause or permit any Subsidiary to, make any Capital Expenditure or enter into any Capitalized Lease if the sum of (A) the aggregate amount of all Capital Expenditure (including the Capital Expenditure in question) made by Dealer and all of its Subsidiaries on a combined basis during any fiscal year of Dealer plus (B) the aggregate amount of all Capitalized Lease Obligations incurred by Dealer and all of its Subsidiaries on a combined basis during such fiscal year of Dealer would exceed $2,000,000.00.
Sample 1
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Capital Expenditures and Capitalized Leases. None of the Loan Parties shall make payments in any fiscal year exceeding the amount specified below for such fiscal year in the aggregate for the Loan Parties on account of the purchase or lease of any assets which if purchased would constitute fixed assets or which if leased would constitute a capitalized lease in accordance with GAAP (excluding all assets purchased or leased through (i) any Permitted Acquisition, (ii) reinvestment of insurance proceeds of a Casualty Event, or (iii) any Investment): Fiscal Year Ending Amount December 31, 2004 $ 450,000,000 December 31, 2005 $ 550,000,000 December 31, 2006 $ 550,000,000 For Each Fiscal Year Thereafter $ 400,000,000 and all such capital expenditures and capitalized leases shall be made under usual and customary terms and in the ordinary course of business.
Sample 1
Capital Expenditures and Capitalized Leases. (Section 8.2.15) As of the Report Date for the fiscal year then ended, the aggregate amount of payments of the Loan Parties on account of the purchase or lease of any assets that if purchased would constitute fixed assets or that if leased would constitute a capitalized lease in accordance with GAAP (excluding all assets purchased or leased through (i) any Permitted Acquisition $ , (ii) reinvestment of insurance proceeds of a Casualty Event $ , or (iii) any Investment $ ) equals $ , which amount does not exceed the permitted amount of $ 1 for the current fiscal year in the aggregate for the Loan Parties.
Sample 1
Capital Expenditures and Capitalized Leases. Borrower will not, and it will not cause or permit any Subsidiary to, make any Capital Expenditure or enter into any Capitalized Lease if the sum of (A) the aggregate amount of all Capital Expenditures (including the Capital Expenditure in question) made by Borrower and all of its Subsidiaries on a combined basis during any fiscal year of Borrower plus (B) the aggregate amount of all Capitalized Lease Obligations incurred by Borrower and all of its Subsidiaries on a combined basis during such fiscal year of Borrower would exceed $2,000,000.00. Notwithstanding any provision to the contrary, the calculation of the covenants set forth in this Section 5.01(o) shall exclude items of income and expense arising from the sale and leaseback of Borrower's real property in Sanford, Florida pursuant to the Permitted Real Estate Sale, and the calculation of the covenant set forth in subsection 5.01(o)(iv) shall exclude the pending purchase by Featherlite Aviation, Inc. of one business class aircraft up to the amount of $500,000.00. On or before each fiscal year-end of Borrower, commencing with the fiscal year ending December 31, 2003, Lender and Borrower shall agree on new financial covenant levels for the following fiscal year based upon the financial projections for such fiscal year to be furnished to Lender pursuant to Section 5.01 (a) (vii).
Sample 1
Capital Expenditures and Capitalized Leases. Borrower will not, and it will not cause or permit any of its Subsidiaries to, make any Capital Expenditure or enter into any Capitalized Lease if the sum of (i) the aggregate amount of all Capital Expenditures (including the Capital Expenditure in question) made by Borrower and its Subsidiaries during any fiscal year of Borrower plus (ii) the aggregate amount of all rental and other payments in respect of Capitalized Leases (including the Capitalized Lease in question) made or required to be made by Borrower and its Subsidiaries during such fiscal year of Borrower would exceed $200,000.00.
Sample 1

Related to Capital Expenditures and Capitalized Leases

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Capital Expenditures, etc With respect to Capital Expenditures, the parties covenant and agree as follows:

  • Consolidated Capital Expenditures Holdings and Company shall not, and shall not permit their Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year (or portion of a Fiscal Year set forth below) in an aggregate amount in excess of the amount set forth below opposite such Fiscal Year (the “Maximum Consolidated Capital Expenditures Amount”): Fiscal Year Maximum Consolidated Capital Expenditures Amount Portion of Fiscal Year 2007 occurring following the Closing Date $ 10,000,000 2008 $ 11,000,000 2009 $ 12,000,000 2010 $ 13,000,000 2011 $ 14,000,000 2012 $ 15,000,000 2013 $ 16,000,000 Portion of Fiscal Year 2014 occurring prior to the Term Loan Maturity Date $ 17,000,000 provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if any, of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year (with Capital Expenditures in any Fiscal Year being deemed to have been made first from any amount carried forward from the preceding Fiscal Year), and may be further increased at the option of Company by an amount equal to 50% of the Maximum Consolidated Capital Expenditures Amount for the succeeding Fiscal Year; provided, further, that in addition to the amounts set forth above, Holdings and its Subsidiaries may make Consolidated Capital Expenditures up to the Specified Equity Amount. Any usage of the succeeding Fiscal Year’s Maximum Consolidated Capital Expenditures Amount shall be deducted from the Maximum Consolidated Capital Expenditures Amount available for such succeeding Fiscal Year. After the consummation of any Permitted Acquisition permitted hereunder, the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased in an amount equal to 110% of the average annual amount of capital expenditures made by the Person or business so acquired as reflected in the financial statements of such Person or business during the two fiscal years preceding such Permitted Acquisition.

  • Capitalized Lease Obligations Sale and Leaseback Transactions, export credit facilities with a maturity of at least one year and Purchase Money Indebtedness of, including Guarantees of any of the foregoing by, the Issuer and/or any Restricted Subsidiary, in an aggregate principal amount at any one time outstanding not to exceed U.S.$1 billion;

  • Lease Obligations The Company shall not, and shall not suffer or permit any Subsidiary to, create or suffer to exist any obligations for the payment of rent for any property under lease or agreement to lease, except for:

  • Capital Expenditure Make or incur any Capital Expenditure if, after giving effect thereto, the aggregate amount of all Capital Expenditures by Borrower in any fiscal year would exceed the amount set forth on the Schedule;

  • Capital Lease Obligations With respect to any Person, the obligations of such Person to pay rent or other amounts under any Capitalized Lease.

  • Maximum Consolidated Capital Expenditures Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $125,000,000; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $62,500,000), of such amount for the immediately preceding Fiscal Year (with the above scheduled amount for any Fiscal Year being used prior to any amount carried over from the preceding Fiscal Year) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, so long as no Default shall have occurred and being continuing or would result therefrom, Holdings and its Subsidiaries may also make Consolidated Capital Expenditures in an amount not to exceed the Cumulative Growth Amount immediately prior to the making of such Consolidated Capital Expenditures (but the amount of Consolidated Capital Expenditures made from the Cumulative Growth Amount in any Fiscal Year shall not exceed 50% of the above scheduled amount of Consolidated Capital Expenditures that would have otherwise been permitted to made in such Fiscal Year pursuant to this Section 6.7(c)); and provided, further that for each Permitted Acquisition consummated in any Fiscal Year and, if consummated, the SDI Acquisition in the Fiscal Year ending December 31, 2011, the maximum amounts set forth above for such Fiscal Year and for every Fiscal Year thereafter shall be increased by an amount equal to 110% of the quotient obtained by dividing (A) the amount of Consolidated Capital Expenditures made by the acquired Person or business for the thirty-six month period immediately preceding the consummation of such Permitted Acquisition or SDI Acquisition as determined by the financial statements for such acquired Person or business by (B) three (3).

  • Capitalized Lease Obligation 3 Commission................................................................ 4

  • Operating Lease Obligations On the Effective Date, none of the Loan Parties has any Operating Lease Obligations other than the Operating Lease Obligations set forth on Schedule 6.01(q).

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