Common use of Capital Expenditures, etc Clause in Contracts

Capital Expenditures, etc. ADT Limited will not, and will not permit any of its Subsidiaries to, make Capital Expenditures, except (i) Capital Expenditures in connection with conducting the Core Businesses and (ii) Capital Expenditures incurred in respect of Business Acquisitions permitted under Sections 4.2.5 and 4.2.9; provided, however, that no Capitalized Lease Liabilities otherwise permitted to be incurred pursuant to this Section shall be permitted to be incurred if the aggregate amount of all such Capitalized Lease Liabilities incurred during any Fiscal Year would exceed $30,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Adt Limited), Guaranty (Adt Limited), Credit Agreement (Adt Limited)

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Capital Expenditures, etc. ADT Limited will not, and will not permit any of its Subsidiaries subsidiaries to, make Capital ExpendituresExpenditures in any Financial Year, except (i) Capital Expenditures in connection with conducting the Core Businesses and (ii) Capital Expenditures incurred in respect of Business Acquisitions permitted under Sections 4.2.5 and 4.2.9; provided, however, that no Capitalized Capitalised Lease Liabilities otherwise permitted to be incurred pursuant to this Section shall be permitted to be incurred if the aggregate amount of all such Capitalized Capitalised Lease Liabilities incurred during any Fiscal Financial Year would exceed $30,000,000.

Appears in 1 contract

Samples: Guarantee (Adt Limited)

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