Fixed Asset Expenditures. The Borrower will not, nor will it permit any Subsidiary to, expend, or commit to expend, at any time an amount in excess of the maximum amount permitted by any regulatory agency having jurisdiction over them in the acquisition of fixed assets.
Fixed Asset Expenditures. Purchase, become obligated for, invest in, acquire or otherwise expend for the acquisition of real estate, machinery, equipment or other fixed assets (including capitalized lease obligations) during each Fiscal Year an amount exceeding $1,200,000 for such Fiscal Year.
Fixed Asset Expenditures. Make any capital expenditures (as such term is defined in accordance with GAAP) or expenditures for fixed assets in excess of $8,000,000 during any fiscal year of the Borrower.
Fixed Asset Expenditures. Not make combined expenditures for fixed assets in any fiscal year in an amount greater than $1,750,000.00.
Fixed Asset Expenditures. The Borrowers will not, nor will they permit any Credit Party to, expend, or be committed to expend, in the acquisition of fixed assets, in excess of eight percent (8%) of Consolidated Net Revenue during any one fiscal year on a non-cumulative basis in the aggregate for the Credit Parties."
1.6. Schedule I to the Credit Agreement is hereby restated in its entirety to read in the form of Schedule I hereto.
Fixed Asset Expenditures. The Borrowers will
Fixed Asset Expenditures. Not permit Borrower to acquire or expend for, or commit itself to acquire or expend for by lease, purchase or otherwise, fixed assets (other than the property secured by the Mortgage) in excess of $500,000 in any fiscal year during the term of this Agreement without the prior written consent of the Lender, which consent shall not be unreasonably withheld.
Fixed Asset Expenditures. The Borrower shall not make any expenditures for fixed assets, the principal portion of payments on leases which are classified as "capitalized leases" under generally accepted accounting principles, conditional sales agreements or similar agreements relating to the acquisition or use of personal property or leasehold improvements exceeding $6,000,000 in the aggregate for the fiscal year ending July 1994, $18,000,000 in the aggregate for the fiscal year ending July 1995 and $10,000,000 for any fiscal year thereafter; provided, however, that Borrower may expend (excluding the assumption of liabilities) $27,000,000 pursuant to the Premix Acquisition.
Fixed Asset Expenditures. The Company will not, nor will it permit any Subsidiary to, expend, or be committed to expend, in the acquisition of fixed assets (including leasehold improvements), on a non-cumulative basis, in the aggregate for the Company and the Subsidiaries, in excess of (a) $3,000,000 in the aggregate for the period covered by fiscal years 1993, 1994 and 1995 with respect to fixed assets other than leasehold improvements, (b) $1,000,000 during any fiscal year beginning in fiscal year 1996 with respect to fixed assets other than leasehold improvements, (c) $6,000,000 in the aggregate for the period covered by fiscal years 1993 and 1994 for leasehold improvements, and (d) and $2,000,000 in each fiscal year beginning in fiscal year 1995 for leasehold improvements. A commitment to expend in the acquisition of fixed assets (including leasehold improvements) pursuant to this Section 6.19 shall, for purposes of calculating the amounts set forth in the immediately preceding sentence, be included in the period or year in which such expenditure is to be paid."
Fixed Asset Expenditures. Incur expenditures with internally ------------------------ generated funds with respect to fixed assets in any fiscal year in an amount in excess of $100,000.00 during such fiscal year.
