Commitments for Capital Expenditures Sample Clauses
The 'Commitments for Capital Expenditures' clause defines the obligations and limitations regarding a party’s ability to make significant investments in long-term assets, such as property, equipment, or infrastructure. Typically, this clause sets thresholds for capital spending, requires prior approval for expenditures above a certain amount, or mandates regular reporting of planned investments. Its core function is to ensure financial discipline and transparency, preventing unapproved or excessive capital outlays that could impact the financial stability or strategic direction of the business.
Commitments for Capital Expenditures. Neither any Seller nor the Company has committed to make any capital expenditures or authorized any capital expenditures which have not been fulfilled or paid.
Commitments for Capital Expenditures. The Corporations are not committed to make any capital expenditures, nor have any capital expenditures been authorized by the Corporations at any time since the Audited Statements Date.
Commitments for Capital Expenditures. The Corporation has not committed to make any capital expenditures, nor have any capital expenditures been authorized by the Corporation at any time since the Interim Statements Date, except for capital expenditures made in the ordinary course of the routine daily affairs of the Business which, in the aggregate, do not exceed $ 50,000.00.
Commitments for Capital Expenditures. Novagen is not committed to make any capital expenditures, nor have any capital expenditures been authorized by Novagen at any time since the Statements Date, except for capital expenditures made in the ordinary course of the routine daily affairs of the Business which, in the aggregate, do not exceed $1,000.
Commitments for Capital Expenditures. Neither the Company nor any Subsidiary of the Company has committed to make any capital expenditures or authorized any capital expenditures exceeding $500,000 in the aggregate, whether or not fulfilled or paid.
Commitments for Capital Expenditures. The UGE Group is not committed to make any material capital expenditures, nor have any capital expenditures been authorized by the UGE Group other than such expenditures as disclosed in the UGE Financial Statements.
Commitments for Capital Expenditures. Except as set out in Schedule 3.1(15), since the Statements Date, the Subsidiary has not made, committed to make, or authorized to be made, any single capital expenditure exceeding US$10,000.
Commitments for Capital Expenditures. Except as disclosed in the Group Statements and/or the Group Interim Statements or as set out in Schedule 3.1(p), neither the Vendors nor the Group have made or committed to make any capital expenditures, or authorized any capital expenditures at any time since July 31, 2007, other than in the Ordinary Course.
Commitments for Capital Expenditures. The Company and each of the Subsidiaries have not committed to make any capital expenditures or authorized any capital expenditures which have not been fulfilled or paid except as disclosed in the Disclosure Letter.
Commitments for Capital Expenditures. The Corporation has not committed to make any capital expenditures or authorized any capital expenditures, in the aggregate in excess of $75,000, whether or not fulfilled or paid.