Common use of Limitations on Capital Expenditures Clause in Contracts

Limitations on Capital Expenditures. (a) Unless subject to the immediately succeeding Section 10.18(b), the Company shall not, and the Company shall not permit its Restricted Subsidiaries to, make any Capital Expenditure (other than any Capital Expenditure which constitutes a Permitted Investment or that is made or deemed made with the Net Cash Proceeds of an Asset Sale permitted in accordance with Section 10.26):

Appears in 2 contracts

Samples: Supplemental Indenture (Net Servicos De Comunicacao S A), Brazilian Communitary Antennae LTD

AutoNDA by SimpleDocs

Limitations on Capital Expenditures. (a) Unless subject to the immediately succeeding Section 10.18(b10.19(b), the Company and Net shall not, and the Company Net shall not permit its Restricted Subsidiaries to, make any Capital Expenditure (other than any Capital Expenditure which constitutes a Permitted Investment or that is made or deemed made with the Net Cash Proceeds of an Asset Sale permitted in accordance with Section 10.2610.27):

Appears in 2 contracts

Samples: Supplemental Indenture (Net Servicos De Comunicacao S A), Brazilian Communitary Antennae LTD

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.