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.
Appears in 1 contract
Samples: Loan and Security Agreement (Amcon Distributing Co)
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 Four Million Five Hundred Thousand and No/100 Dollars ($4,500,000.00500,000) during any Fiscal Year 2005 and Three Million and No/100 Dollars ($3,000,000.00) during each Fiscal Year thereafterYear.
Appears in 1 contract
Samples: Loan and Security Agreement (Novitron International Inc)
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 ExpenditureExpenditures, the aggregate cost of all Capital Expenditures would exceed Four Eight Million Five Hundred Thousand and No/100 Dollars ($4,500,000.008,000,000) during that portion of the 2007 Fiscal Year 2005 and Three thereafter, Six Million and No/100 Dollars ($3,000,000.006,000,000) during each any Fiscal Year thereafterYear.
Appears in 1 contract
Samples: Loan and Security Agreement (Omni Energy Services Corp)
