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.
Appears in 2 contracts
Samples: Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp)
Capital Expenditure Limitations. Borrowers 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 $500,000 5,000,000 during any Fiscal Year, except for the Fiscal Year ending December 31, 2005, in which case such Capital Expenditures shall not exceed $6,500,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Cobra Electronics Corp)
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 (i) $500,000 15,000,000.00 during any the 2002 Fiscal Year; and (ii) $20,000,000.00 during each of Fiscal Year 2003 and 2004.
Appears in 1 contract
Samples: Loan and Security Agreement (Smithway Motor Xpress Corp)
Capital Expenditure Limitations. Borrowers 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 $500,000 5,000,000 during any Fiscal Year.
Appears in 1 contract
Samples: Loan and Security Agreement (Cobra Electronics Corp)
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 Five Hundred Thousand and 00/100 Dollars ($500,000 500,000) during any Fiscal Year.
Appears in 1 contract
Capital Expenditure Limitations. Borrowers Borrower and its Subsidiaries shall not make any Capital Expenditures if, after giving effect to such Capital ExpenditureExpenditures, the aggregate cost of all such fixed assets purchased or otherwise acquired would exceed $500,000 6,000,000 during any Fiscal Year.
Appears in 1 contract
Samples: Loan and Security Agreement (Cobra Electronics Corp)
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 such fixed assets purchased or otherwise acquired would exceed Two Hundred Fifty Thousand and No/100 Dollars ($500,000 250,000) during any Fiscal Year.
Appears in 1 contract
Samples: Loan and Security Agreement (Wells Gardner Electronics Corp)
Capital Expenditure Limitations. Borrowers 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 $500,000 5,000,000 during any Fiscal Year, except for the Fiscal Year ending December 31, 2003, in which case such Capital Expenditures shall not exceed $6,000,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Cobra Electronics Corp)
Capital Expenditure Limitations. Borrowers 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 One Million, Two Hundred Fifty Thousand and No/100 Dollars ($500,000 1,250,000) during any Fiscal Year.
Appears in 1 contract
Samples: Loan and Security Agreement (Gibraltar Packaging Group Inc)