Examples of Environmental Capital Expenditures in a sentence
The Borrower shall not, and shall not permit any Subsidiary to, make any capital expenditures, except Environmental Capital Expenditures or Necessary Capital Expenditures.
Notwithstanding the foregoing, the Borrower and its Restricted Subsidiaries may at any time make additional Capital Expenditures (a) that are Environmental Capital Expenditures or Necessary Capital Expenditures or (b) in an amount equal to the amount of Exempt Equity Proceeds at such time.
The aggregate amount of Environmental Capital Expenditures shall not exceed the aggregate amount set forth in Exhibit 1.
Each ---------------------------------------------- Loan Party shall cause all Revenues and all cash, cash equivalents, instruments, investments and other securities in its possession (excluding amounts received by such Loan Party as transfers from the Operating Account, the Environmental Capital Expenditures Account or the Equity Account in accordance with this Agreement) to be delivered immediately to the Collateral Agent for deposit into the Accounts pursuant to Article III.
Subject to ----------------------------------------- Section 4.14, on each Business Day specified in a Request Letter, the Collateral Agent shall transfer to any Loan Party, from the funds on deposit in the Environmental Capital Expenditure Account, the amount certified in such Request Letter to be the aggregate amount then due and payable in respect of Environmental Capital Expenditures.