Common use of Consolidated Capital Expenditures Clause in Contracts

Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount in excess of the corresponding amount (the Maximum Consolidated Capital Expenditures Amount) set forth below opposite such Fiscal Year; provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if any, of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year:

Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated belowYear, in an aggregate amount in excess of the corresponding amount $17,500,000 (the “Maximum Consolidated Capital Expenditures Amount) set forth below opposite such Fiscal Year”); provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if any, of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year:; provided, further that in no event shall the amount of such increase exceed 50% of the Maximum Consolidated Capital Expenditures Amount for such previous Fiscal Year (prior to any adjustment in accordance with this proviso).

Consolidated Capital Expenditures. Company Borrower shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, Expenditures in any Fiscal Year indicated below, in an aggregate amount in excess of the corresponding amount $20,000,000 (the "Maximum Consolidated Capital Expenditures Amount) set forth below opposite such Fiscal Year"); provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if anyany (but in no event more than $5,000,000), of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year:; provided, further that for Fiscal Year 2003, Borrower may make or incur expansion capital expenditures related to the Borrower's Kaytee product line, and all such expenditures shall be excluded from such calculations.

Consolidated Capital Expenditures. Company Borrower shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, Expenditures in any Fiscal Year indicated below, (the “Current Fiscal Year”) in an aggregate amount in excess of the corresponding an amount (the “Maximum Consolidated Capital Expenditures Amount) set forth below opposite such ” for the Current Fiscal Year) equal to $6,500,000; provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if any, of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect prior to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year:.

Consolidated Capital Expenditures. Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount in excess of the corresponding amount (the “Maximum Consolidated Capital Expenditures Amount”) set forth below opposite such Fiscal Year; provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by an amount equal to the excess, if any, any of the Maximum Consolidated Capital Expenditures Amount for the previous Fiscal Year (without giving effect to any adjustment in accordance with this proviso) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, that, if at the end of any Fiscal Year the Consolidated Leverage Ratio is less than 2.0 to 1.0, the Maximum Consolidated Capital Expenditures Amount for the immediately succeeding Fiscal Year shall be increased by $50,000,000: