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. Borrowers 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 Five Hundred Thousand and No/100 Dollars ($500,000) during any Fiscal Year; provided, however, Borrower may make an additional Capital Expenditure in Fiscal Year 2005 of up to One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) for the leasing of Equipment from Americorp Financial.
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. Borrower and its Subsidiaries shall not make any Capital Expenditure if, after giving effect to such Capital Expenditure, the aggregate cost of all Capital Expenditures would exceed (i) $1,500,000 during the twelve month period ending June 30, 2004, (ii) $1,800,000 during the twelve month period ending June 30, 2005 or (iii) $2,300,000 during the twelve month period ending June 30, 2006 and the twelve month period ending each June 30 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: ANNEX 2 TO COMPLIANCE CERTIFICATE Borrowing Base Calculation
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, 2005 and (ii) One Million Eighty Hundred Thousand Dollars ($1,800,000.00) during any Fiscal Year thereafter.
Capital Expenditure Limitations. Borrowers shall not make any Capital Expenditure if, after giving effect to such Capital Expenditure, the aggregate cost of all Capital Expenditures made by Borrowers, collectively, in any Fiscal Year would exceed $3,000,000. For any Fiscal Year, in addition to making Capital Expenditures in an aggregate amount of up to $3,000,000 for such Fiscal Year, Borrowers may carry over to, and use in, such Fiscal Year any unused permitted Capital Expenditures allocation from the immediately preceding Fiscal Year.
Capital Expenditure Limitations. The Borrower and its Subsidiaries, if any, shall not purchase, invest in or otherwise acquire, additional real estate, Equipment, Rolling Stock or other fixed assets, which, in the aggregate, cost the Borrower and its Subsidiaries, if any, more than Twenty Six Million Five Hundred Thousand Dollars ($26,500,000.00) during the calendar year ending December 31, 1997, Twenty Seven Million Dollars ($27,000,000.00) during the calendar year ending December 31, 1998, and Twenty Million Dollars ($20,000,000.00) during the calendar year ending December 31, 1999 and any calendar year thereafter. For purposes of the foregoing, there shall be excluded therefrom capital expenditures made to finance Store Acquisitions pursuant to Section 8.3.
Capital Expenditure Limitations. Companies 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 by the Companies would exceed One Million Two Hundred Fifty Thousand and No/100 Dollars ($1,250,000) during any Fiscal Year.
