Common use of Non-Financed Capital Expenditures Clause in Contracts

Non-Financed Capital Expenditures. For any period, all Capital Expenditures made by the Borrower and its Subsidiaries during such period that have not been funded, directly or indirectly, with the proceeds of purchase money financing (including, without limitations, Capital Leases) other than the proceeds of Revolving Loans.

Non-Financed Capital Expenditures. For any period, all Capital Expenditures made by the Borrower Company and its Subsidiaries during such period that have not been funded, directly or indirectly, with the proceeds of purchase money financing (including, without limitations, Capital Leases) other than the proceeds of Revolving the Loans.