LEASE EXPENDITURES. Incur operating lease expense in any fiscal year in excess of an aggregate of $3,000,000.00.
LEASE EXPENDITURES. Incur operating lease expense in any fiscal year in excess of an aggregate of $500,000.00.
LEASE EXPENDITURES. Incur new obligations for the lease or hire of real or personal property requiring payments in any fiscal year in excess of an aggregate of Five Hundred Thousand and No/100 Dollars ($500,000.00).
LEASE EXPENDITURES. Incur operating lease expense in any fiscal year such that, after giving effect to such operating lease expense, the aggregate operating lease expense incurred by Borrower and all Subsidiaries in such year is in excess of $4,000,000.00.
LEASE EXPENDITURES. Incur operating lease expense (other than expenses incurred for building rents) in any fiscal year in excess of an aggregate of $3,000,000.00 except with Bank's prior written consent.
LEASE EXPENDITURES. Incur operating lease expense in any fiscal year in excess of an aggregate of $600,000.00.”
5. Section 5.8. is hereby deleted in its entirety, and the following substituted therefor:
LEASE EXPENDITURES. Not to incur obligations for operating leases of real or personal property requiring payments in an aggregate amount in excess of $1,000,000 during any fiscal year.
LEASE EXPENDITURES. Incur, or permit any Guarantor to incur, operating lease expense in any fiscal year which, in the aggregate, exceeds the consolidated operating lease expense of Borrower and all Guarantors for the previous fiscal year by more than $500,000.00.
LEASE EXPENDITURES. Borrower shall not, and shall not permit any Subsidiary thereof to, incur any operating lease expense in excess of $1,000,000 (or the equivalent in one or more currencies) in the aggregate for Borrower and its Subsidiaries in any fiscal year.
LEASE EXPENDITURES. The Company will not, and will not permit or cause any Subsidiary to, incur any new operating lease expense in any fiscal year in excess of an aggregate of $1,000,000 for the Company and its Subsidiaries on a consolidated basis, other than that in respect of the lease by the Company of a pipe mill located in Houston, Texas the aggregate annual lease expense for which is anticipated to be in the approximate amount of $2,400,000.
