Common use of Capital Spending Clause in Contracts

Capital Spending. Other than for construction of the Facility, Borrower will not make Capital Expenditures during any fiscal year from any source of funds available which exceed $500,000.00 in the aggregate.

Appears in 2 contracts

Samples: Credit Agreement (E Energy Adams LLC), Credit Agreement (Siouxland Ethanol, LLC)

AutoNDA by SimpleDocs

Capital Spending. Other than for construction of the Facility, Borrower will not make Capital Expenditures during any fiscal year from any source of funds available which exceed $500,000.00 1,700,000.00 in the aggregate, which shall be subject to annual revision.

Appears in 1 contract

Samples: Credit Agreement (Husker Ag LLC)

AutoNDA by SimpleDocs

Capital Spending. Other than for construction of the Facility, Borrower will not make Capital Expenditures capital expenditures during any fiscal year from any source of funds available available, which exceed $500,000.00 2,000,000 in the aggregate. Capital expenditures shall include both capital leases and operating leases.

Appears in 1 contract

Samples: Credit Agreement (Lake Area Corn Processors LLC)

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