No Capital Expenditures. Except as expressly required or permitted by the Loan Documents, the Borrower will not make any expenditure (by long-term or operating lease or otherwise) for capital or other assets (both realty and personalty) nor will it acquire, directly or indirectly, any legal or beneficial interest in any Note or any other property. Nothing in this Section 4.01(j) shall prohibit the Borrower from making such expenditures as are necessary to (i) maintain and preserve the Equipment (and the other Borrower Collateral) and (ii) acquire Additional Equipment consistent with the terms of the Loan Documents.
No Capital Expenditures. Kaire shall not make any expenditure or ----------------------- commitment for the purchase, acquisition, construction or improvement of a capital asset, except in the ordinary and usual course of business.
No Capital Expenditures. Seller will cause Company and each Water Subsidiary not to make any unbudgeted capital expenditure, nor commit to make any unbudgeted capital expenditure, in excess of Five Hundred Thousand Dollars ($500,000) (or its foreign currency equivalent as of the date hereof), except pursuant to a Listed Contract.
No Capital Expenditures. Seller has not allowed USRR to commit to any capital expenditures, nor make any capital expenditures, except for commitments or expenditures within existing operating or capital budgets or otherwise disclosed to Buyer on the Schedules hereto.
No Capital Expenditures. Borrower agrees that it shall make no capital expenditures of any kind whatsoever in excess of $15,000 per calendar year without prior written notice to Lender. Additionally, within 30 days after the end of each year of this Loan, the Borrower shall provide the Lender with a detailed list of capital expenditures incurred during the year. The list shall include a detailed description of the capital items acquired (including makes, models, year, serial numbers, etc.), the cost of such items, and the location of such items, whether the purchase of such items was financed and if so the details of the financing and such other information as the Lender may reasonably request. The Borrower will also execute such additional security agreements and financing statements as the Lender require in order to create and perfect alien against such additional capital items.
No Capital Expenditures. The Sellers will not make any capital expenditure, nor commit to make any capital expenditure, in excess of One Hundred Fifty Thousand Dollars ($150,000) (or its foreign currency equivalent as of the date hereof), except pursuant to a Contract disclosed in Schedules 1.1(c) or 5.12.
No Capital Expenditures. The Companies shall not make capital expenditures, nor commit to make capital expenditures, in excess of Seven Thousand Five Hundred Dollars ($7,500) (or its foreign currency equivalent as of the date hereof) in the aggregate.
No Capital Expenditures except in the ordinary course of business, will be made or authorized by the Corporation after the date hereof and up to the Time of Closing, without the prior written consent of the Purchaser.
No Capital Expenditures. Notwithstanding anything herein to the contrary, FECR shall not be required to incur any capital expenses that are not otherwise provided for in the FECR Fee in connection with the provision of the FECR Services to RA.
No Capital Expenditures. Notwithstanding anything herein to the contrary, RA shall not be required to incur any capital expenses that are not otherwise provided for in the fee in connection with the provision of the RA Services to FECR.
