Common use of Consolidated Capital Expenditures Clause in Contracts

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with fiscal year ending April 24, 2010, to exceed $25,000,000 plus up to $5,000,000 of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 2 contracts

Samples: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

AutoNDA by SimpleDocs

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with year shall not exceed (i) for the fiscal year ending April 24, 20102004, to exceed $20,000,000, (ii) for the fiscal year ending April 30, 2005, $25,000,000 and (iii) for the fiscal year ending April 29, 2006, $15,000,000, in each case plus up to $5,000,000 of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d8.11(e) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with fiscal year ending April 24, 2010, to shall not exceed $25,000,000 plus up to $5,000,000 of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for during any fiscal year, commencing with fiscal year ending April 24, 2010, to exceed $25,000,000 9,000,000 plus up to $5,000,000 of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d8.11(e) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Gevity Hr Inc)

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with fiscal year ending April 24, 2010, to exceed $25,000,000 50 million plus up to $5,000,000 50% of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, however that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-carry forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Joy Global Inc)

AutoNDA by SimpleDocs

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with year to exceed (i) for the period from the Closing Date through the end of fiscal year ending April 242006, 2010$40,000,000, to exceed (ii) for fiscal year 2007, $25,000,000 plus up to 30,000,000, and (iii) for any fiscal year thereafter, $5,000,000 25,000,000. To the extent that any portion of the unused amount available for Consolidated Capital Expenditures under limitation (determined without giving effect to this Section 8.11(dsentence) for is not used during any fiscal year, such unused available amount may be carried forward and used during the immediately preceding next fiscal year (excluding any carry forward available from any prior fiscal year)only; provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

Consolidated Capital Expenditures. Permit Consolidated Capital Expenditures for any fiscal year, commencing with year shall not exceed (i) for the fiscal year ending April 24, 20102004, to exceed $25,000,000 20,000,000, (ii) for the fiscal year ending April 30, 2005, $15,000,000 and (iii) for the fiscal year ending April 29, 2006, $15,000,000, in each case plus up to $5,000,000 of the unused amount available for Consolidated Capital Expenditures under this Section 8.11(d8.11(e) for the immediately preceding fiscal year (excluding any carry forward available from any prior fiscal year); provided, however, that with respect to any fiscal year, Consolidated Capital Expenditures made during such fiscal year shall be deemed to be made first with respect to the applicable limitation for such fiscal year and then with respect to any carry-forward from the immediately preceding fiscal year.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

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