Common use of Capital Expenses Clause in Contracts

Capital Expenses. 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 $100,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Term Loan Agreement (Scheid Vineyards Inc)

AutoNDA by SimpleDocs

Capital Expenses. 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 $100,000.00 1,500,000 in any one fiscal year, other than capital expenditures in connection with the Borrower's grafting program."

Appears in 1 contract

Samples: Term Loan Agreement (Golden State Vintners Inc)

Capital Expenses. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases uses 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 $100,000.00 15,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Diamond Multimedia Systems Inc)

Capital Expenses. 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 $100,000.00 1,000,000.00 in any one fiscal year. (Inclusive of the proposed capital improvements of $900,000.00 and equipment purchases of $100,000.00.)

Appears in 1 contract

Samples: Term Loan Agreement (Scheid Vineyards Inc)

Capital Expenses. 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 $100,000.00 850,000.00 in any one fiscal year, (inclusive of the proposed capital improvements of $486,000 and equipment purchases of $330,000).

Appears in 1 contract

Samples: Term Loan Agreement (Scheid Vineyards Inc)

AutoNDA by SimpleDocs

Capital Expenses. 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 $100,000.00 1,000,000 in any one fiscal year, other than capital expenditures in connection with the Borrower's grafting program.

Appears in 1 contract

Samples: Term Loan Agreement (Golden State Vintners Inc)

Capital Expenses. Not make any fixed capital expenditure or any commitment therefor, including, but not limited to, incurring liability for leases uses which would be, in accordance with generally accepted accounting principles, reported as capital leases, or purchase any real or personal property except for expenditures in an aggregate amount not exceeding $100,000.00 5,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Security Agreement (Atg Inc)

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