Examples of Combined Capital Expenditures in a sentence
The Borrowers, GTG Intangible and their respective Material Subsidiaries shall be permitted to make Combined Capital Expenditures.
Combined Capital Expenditures for any Fiscal Year will not exceed $25,000,000; provided that, if and to the extent that the amount of Combined Capital Expenditures for any Fiscal Year is less than $25,000,000, the maximum amount of Combined Capital Expenditures in any subsequent Fiscal Year shall be increased by such excess amount.
The Borrowers will use the proceeds of the Loans (i) to refinance certain existing Indebtedness of the Borrowers, (ii) for Combined Capital Expenditures, (iii) for Permitted Acquisitions or (iv) for working capital and other general corporate purposes, in each case not in contravention of any applicable law, statute, rule, regulation, order, writ, injunction or decree of any court or governmental instrumentality or in contravention of any of the Credit Documents.