Capital Expenditure Limitations Sample Clauses

Capital Expenditure Limitations. Borrowers shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all such fixed assets purchased or otherwise acquired would exceed $500,000 during any Fiscal Year.

Capital Expenditure Limitations. Commencing November 1, 2005, Borrower shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all Capital Expenditures would exceed $75,000.00 during any Fiscal Year. Ver 9

Capital Expenditure Limitations. Borrower shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all such fixed assets purchased or otherwise acquired would exceed (i) $2,000,000.00 for Fiscal Year ending June 30, 2005; and (ii) thereafter $1,000,000.00 during any Fiscal Year.

Capital Expenditure Limitations. Loan Parties and their Subsidiaries shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all Capital Expenditures would exceed $2,500,000.00 during any Fiscal Year.

Capital Expenditure Limitations. MTS and its Subsidiaries on a consolidated basis shall not make Capital Expenditures in excess of (i) Three Million Dollars ($3,000,000.00) during the Fiscal Year ending March 31, 2006 and during any Fiscal Year thereafter.

Capital Expenditure Limitations. The Credit Parties and their Subsidiaries, on a consolidated basis, shall not make any Capital Expenditures if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures would exceed $1,250,0000.00 (the “Capex Limit”) in any Fiscal Year; provided, however, that, commencing with the Fiscal Year ending December 31, 2009, the Capex Limit referenced above shall be increased in any period by the positive amount equal to the lesser of (a) fifty percent (50%) of the Capex Limit for the immediately preceding period, and (b) the amount (if any), equal to the difference obtained by taking the Capex Limit minus the actual amount of any Capital Expenditures expended during such preceding period (the “Carry Over Amount”), and for purposes of measuring compliance herewith, the Carry Over Amount shall be deemed to be the last amount spent on Capital Expenditure in that succeeding period. Total Capital Expenditures (YTD) $ Compliance: Yes: No: (a) Adjusted EBITDA $ (b) Applicable Advance Multiple (not to exceed 3.00)

Capital Expenditure Limitations. Borrowers shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all Capital Expenditures would exceed Four Million Five Hundred Thousand and No/100 Dollars ($4,500,000.00) during Fiscal Year 2005 and Three Million and No/100 Dollars ($3,000,000.00) during each Fiscal Year thereafter.

Capital Expenditure Limitations. Commencing with Covenant Obligors' Fiscal Year commencing January 1, 2003, Covenant Obligors shall not make any Capital Expenditures if, after giving effect to such Capital Expenditure, the aggregate cost of all such fixed assets purchased or otherwise acquired would exceed Four Million Dollars ($4,000,000.00) during any Fiscal Year; provided however, if during any Fiscal Year, Covenant Obligors do not expend Four Million Dollars ($4,000,000.00), an amount equal to the lesser of (i) the remainder of (A) Four Million Dollars ($4,000,000.00), MINUS (B) the actual amount of Capital Expenditures for such Fiscal Year, and (ii) Five Hundred Thousand Dollars ($500,000.00) may be carried forward to the next Fiscal Year.

Capital Expenditure Limitations. The Bank hereby waives the Event of Default resulting from the violation of the affirmative covenant set forth in Section 8.22 Nonperformance concerning the failure of the Borrower to deliver Guaranties and Security Agreements for its domestic subsidiaries, Xxxxx Construction Group, LLC and Rockford Corporation. As set forth in Section E Post-Closing Requirement below, the Borrower shall deliver the Guaranties and Security Agreements of Xxxxx Construction Group, LLC and Rockford Corporation by March 31, 2011.

Capital Expenditure Limitations. On a rolling four quarter basis and as of the end of each of its fiscal quarters, the Borrower shall not incur Capital Expenditures in an amount greater than Twelve Million and 00/100 Dollars ($12,000,000.00) in the aggregate in any one Fiscal Year. However, for Fiscal Year 2009, up to Ten Million and 00/100 Dollars ($10,000,000.00) of Capital Expenditures associated with (i) the Borrower’s purchase of a yard near Los Angeles to house certain pieces of equipment and (ii) the Borrower’s purchase of a rock quarry and related equipment shall be excluded from this Capital Expenditure Limitations covenant.