Common use of LEASE EXPENDITURES Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Intervoice Inc), Credit Agreement (Intervoice Inc)

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LEASE EXPENDITURES. Incur operating lease expense (other than expenses incurred for building rents) in any fiscal year in excess of an aggregate of $3,000,000.00 500,000.00, except with Bank's prior written consentfor ground leases and leases sale/leaseback transactions.

Appears in 1 contract

Samples: Credit Agreement (Good Times Restaurants Inc)

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LEASE EXPENDITURES. Incur operating lease expense (other than expenses incurred for building rentsexcluding facility rent expense) in any fiscal year in excess of an aggregate of $3,000,000.00 except with Bank's prior written consent500,000.00.

Appears in 1 contract

Samples: Credit Agreement (Sportsmans Guide Inc)

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