Maximum Consolidated Capital Expenditures Amount definition

Maximum Consolidated Capital Expenditures Amount has the meaning assigned to that term in subsection 7.8.

Maximum Consolidated Capital Expenditures Amount is defined in subsection 7.14.

Maximum Consolidated Capital Expenditures Amount means, for any Fiscal Year of Company and its Subsidiaries, an amount not to exceed $550,000,000 plus, solely in the case of Fiscal Years 2003, 2004 and 2005, an additional amount not to exceed $130,000,000 in the aggregate for all such Fiscal Years expended in connection with the development and construction of a new glass plant located in the United States of America.

Examples of Maximum Consolidated Capital Expenditures Amount in a sentence

• 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.

• Company and Borrowers shall not, and shall not permit its or their Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount in excess of the Maximum Consolidated Capital Expenditures Amount for such 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.

• The Maximum Consolidated Capital Expenditures Amount permitted to be made in respect of any Fiscal Year shall be increased, after the consummation of any Permitted Acquisition, in an amount equal to 110% of the average annual amount of capital expenditures made by the Person or business so acquired, as shown in the financial statements of such Person or business, during the two fiscal years preceding such acquisition.

• Borrowers have requested that certain amendments be made to the Agreement to increase the Maximum Consolidated Capital Expenditures Amount and the Requisite Lenders have agreed to amend the Agreement to provide for such increase on the terms and conditions set forth herein.

More Definitions of Maximum Consolidated Capital Expenditures Amount

Maximum Consolidated Capital Expenditures Amount shall have the meaning set forth in Section 7.7 of the Loan Agreement.

Maximum Consolidated Capital Expenditures Amount has the meaning assigned to that term in Section 6.8.

Maximum Consolidated Capital Expenditures Amount as defined in Section 6.6(c).

Maximum Consolidated Capital Expenditures Amount has the meaning assigned to that term in subsection 7.6D. ["MBW LLC" means MBW Investors LLC, a Delaware limited liability company.]

Maximum Consolidated Capital Expenditures Amount means, (i) prior to the BSN Acquisition Closing Date, for any Fiscal Year of Company and its Subsidiaries, an amount not to exceed $550,000,000, (ii) from and after the BSN Acquisition Closing Date, for any Fiscal Year of Company and its Subsidiaries, an amount not to exceed $650,000,000 plus, in the case of (i) and (ii), solely in the case of Fiscal Years 2003, 2004 and 2005, an additional amount not to exceed $130,000,000 in the aggregate for all such Fiscal Years expended in connection with the development and construction of a new glass plant located in the United States of America.

Maximum Consolidated Capital Expenditures Amount means, for any Fiscal Year of Company and its Subsidiaries, an amount not to exceed the sum of (i) $550,000,000, plus (ii) the excess, if any, of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year (up to a maximum of $225,000,000), plus (iii) the amount of capital expenditures made by any Person or attributable to any group of assets acquired in an Acquisition permitted hereunder during the twelve-month period most recently ended prior to the date of such Acquisition for which financial statements are available to Company or any of its Subsidiaries (as demonstrated by delivery of such financial statements of such Person for such period to Administrative Agent), pro-rated in the Fiscal Year in which such Acquisition is consummated.

Maximum Consolidated Capital Expenditures Amount is defined in Section 10.8.