Common use of Capital Lease Obligations Clause in Contracts

Capital Lease Obligations. and purchase money Indebtedness incurred by the Borrower or a Subsidiary of the Borrower to finance the acquisition of fixed assets, together with any Permitted Refinancing of any Indebtedness permitted by this clause (d); provided, however, that the Capital Expenditure related thereto is otherwise permitted by Section 5.3 (Capital Expenditures) and that the Dollar Equivalent of the aggregate outstanding principal amount of all such Capital Lease Obligations and purchase money Indebtedness shall not exceed $7,500,000 at any time;

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Tecumseh Products Co), Second Lien Credit Agreement (Tecumseh Products Co)

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Capital Lease Obligations. and purchase money Indebtedness Debt incurred by the Borrower or a Subsidiary of the Borrower to finance the acquisition of fixed assets, together with any Permitted Refinancing of any Indebtedness permitted by this clause (d); provided, however, that the Capital Expenditure related thereto is otherwise permitted by Section 5.3 (Capital Expenditures5.02(d) and that the Dollar Equivalent of the aggregate outstanding principal amount of all such Capital Lease Obligations and purchase money Indebtedness Debt shall not exceed $7,500,000 10,000,000 at any time;

Appears in 1 contract

Samples: Credit Agreement (Massey Energy Co)

Capital Lease Obligations. and purchase money Indebtedness incurred by the Borrower or a Subsidiary of the Borrower to finance the acquisition of fixed assets, together with any Permitted Refinancing of any Indebtedness permitted by this clause (d); provided, however, that the Capital Expenditure related thereto is otherwise permitted by Section 5.3 5.4 (Capital Expenditures) and that the Dollar Equivalent of the aggregate outstanding principal amount of all such Capital Lease Obligations and purchase money Indebtedness shall not exceed $7,500,000 25,000,000 at any time;

Appears in 1 contract

Samples: Credit Agreement (FMC Corp)

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Capital Lease Obligations. and purchase money Indebtedness incurred by the Borrower or a Subsidiary of the Borrower to finance the acquisition of fixed assets, together with any Permitted Refinancing of any Indebtedness permitted by this clause (d); provided, however, that the Capital Expenditure related thereto is otherwise permitted by Section 5.3 (Capital Expenditures) and that the Dollar Equivalent of the aggregate outstanding principal amount of all such Capital Lease Obligations and purchase money Indebtedness shall not exceed $7,500,000 5,000,000 at any time;

Appears in 1 contract

Samples: First Lien Credit Agreement (Tecumseh Products Co)

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