Common use of Capital Expense Clause in Contracts

Capital Expense. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property in an aggregate amount exceeding $1,000,000.00 in any one fiscal year,

Appears in 2 contracts

Samples: Credit Agreement (Biolase Technology Inc), Credit Agreement (Biolase Technology Inc)

AutoNDA by SimpleDocs

Capital Expense. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property in an aggregate amount exceeding $1,000,000.00 14,000,000.00 in any one fiscal year,. 6.15

Appears in 1 contract

Samples: Agreement (Golden State Vintners Inc)

Capital Expense. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property in an aggregate amount exceeding $1,000,000.00 14,000,000.00 in any one fiscal year,.

Appears in 1 contract

Samples: Agreement (Golden State Vintners Inc)

Capital Expense. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property in an aggregate amount exceeding greater than $1,000,000.00 3,500,000 in any one fiscal year,, except for the purchase of real property to be occupied by Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

AutoNDA by SimpleDocs

Capital Expense. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property in an aggregate amount exceeding $1,000,000.00 in any one 750,000.00 for the immediately preceding three fiscal year,quarters and the current quarter just ended.

Appears in 1 contract

Samples: Credit Agreement (Guidance Software, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!