Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed $15,000,000 during any Fiscal Year.
Appears in 8 contracts
Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)
Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed $15,000,000 500,000 during Fiscal Year 2019 and $750,000 annually during any subsequent Fiscal Year.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed $15,000,000 30,000,000 during any Fiscal Year.
Appears in 2 contracts
Samples: Loan and Security Agreement (Horizon Global Corp), Loan and Security Agreement (Horizon Global Corp)
Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures other than pursuant to the Specified Capital Project if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed (a) $15,000,000 1,000,000 during any Fiscal YearYear 2020, and (b) $2,500,000 during Fiscal Year 2021 and each Fiscal Year thereafter.
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Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed $15,000,000 5,400,0003,000,000 during any Fiscal Year.
Appears in 1 contract
Capital Expenditure Limitation. The Loan Parties shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures of the Loan Parties would exceed $15,000,000 2,500,000 during any Fiscal Year.
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