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. 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 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. 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 2.75)
Capital Expenditure Limitations. Borrowers and their Subsidiaries shall not make any Capital Expenditures, other than Capital Expenditures made in connection with a Permitted Acquisition or a Target Acquisition, if, after giving effect to such Capital Expenditures, the aggregate cost of all Capital Expenditures would exceed Eight Million Dollars ($8,000,000) during that portion of the 2007 Fiscal Year and thereafter, Six Million Dollars ($6,000,000) during any Fiscal Year.
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 $1,
Capital Expenditure Limitations. Borrower and its Subsidiaries 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) Four Million Four Hundred Thousand Dollars ($4,400,000.00) during the Fiscal Year ending June 30, 2003; and (ii) Two Million Five Hundred Thousand Dollars ($2,500,000.00) in any Fiscal Year thereafter."
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.
2. This Amendment shall not become effective until fully executed by all parties hereto.
3. Except as expressly amended hereby and by any other supplemental documents or instruments executed by either party hereto in order to effectuate the transactions contemplated hereby, the Agreement thereto hereby is ratified and confirmed by the parties hereto and remain in full force and effect in accordance with the terms thereof.
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.
