Acquire Fixed Assets. Acquire or expend for, or commit itself to acquire or expend for, fixed assets by lease, purchase or otherwise in an aggregate amount that exceeds One Million Dollars ($1,000,000) in any fiscal year.
Acquire Fixed Assets. Acquire or expend for, or commit to acquire or expend for, fixed assets by lease (including any Capitalized Lease Obligations), purchase or otherwise, in an aggregate amount in excess of (i) $5,500,000 in the Fiscal Year ending June 30, 2010, and (ii) $1,500,000 in any Fiscal Year thereafter.”
(e) Section 1.1 of the Financial Covenants Addendum attached to the Credit Agreement is amended to read in its entirety as follows:
Acquire Fixed Assets. Acquire or expend for, or commit to acquire or expend for, fixed assets by lease (including any Capitalized Lease Obligations), purchase or otherwise if at the time of or upon the consummation of such acquisition or purchase there is not or will not be Continuing Compliance.
Acquire Fixed Assets. Acquire or expend for, or commit to acquire or expend for, fixed assets by lease (including any Capitalized Lease Obligations), purchase or otherwise, in an aggregate amount in excess of (i) $5,500,000 in the Fiscal Year ending June 30, 2010, but excluding any fixed assets acquired pursuant to the terms of the Asset Purchase Agreement dated as of April 23, 2009 between Borrower and Xxxxxxxx Belt Company, as amended by that certain Amended and Restated Asset Purchase Agreement dated as of July 9, 2009, and (ii) $2,000,000 in any Fiscal Year thereafter.”
(c) Section 1.1 of the Financial Covenants Addendum attached to the Credit Agreement is amended to read in its entirety as follows:
Acquire Fixed Assets. Borrower shall not acquire or expend for, or -------------------- commit itself to acquire or expend for fixed assets by lease, purchase or otherwise in an aggregate amount that exceeds Seven Million Dollars ($7,000,000) in any fiscal year.
Acquire Fixed Assets. Acquire fixed assets in any one (1) month period without prior approval of Lender in excess of $50,000.
Acquire Fixed Assets. 13 5.18 Reserved..........................................................13 SECTION 6.
Acquire Fixed Assets. Acquire or expend for, or commit itself to acquire or expend for, fixed assets by lease, purchase or otherwise in an aggregate amount that exceeds $50,000.00 in any fiscal year, except for the acquisition of REO Property.
Acquire Fixed Assets. 22 8. EVENTS OF DEFAULT - ENFORCEMENT - APPLICATION OF PROCEEDS..............................................22 8.1 Events of Default.............................................................................22 8.2 Acceleration of Indebtedness, Remedies........................................................23 8.3 Application of Proceeds.......................................................................23
Acquire Fixed Assets. Acquire or expend for fixed or capital assets, whether by lease, purchase or otherwise in amounts that exceed in the aggregate Three Hundred Thousand Dollars ($300,000) during Borrower's fiscal year ending August 31, 2003, or Five Hundred Thousand Dollars ($500,000) during any of Borrower's fiscal years thereafter.
