Excluded Expenditures means alcoholic beverages, tobacco, un-manufactured, tobacco refuse, manufactured tobacco (whether or not containing tobacco substitutes), radioactive and associated materials, pearls, precious and semiprecious stones, unworked or worked, nuclear reactors and parts therefor, fuel elements (cartridges), nonirradiated, for nuclear reactors, tobacco processing machinery, jewelry of gold, silver or platinum group metals (except watches and watchcases) and goldsmiths’ or silversmiths’ wares (including set gems), non- monetary gold (excluding gold ores and concentrates).
Excluded Expenditures means, (i) expenditures to the extent they are made with the proceeds of the issuance of Capital Stock of any Loan Party or of any capital contribution to any Loan Party after the Closing Date or with Net Casualty/Condemnation Proceeds or Net Asset Sales Proceeds, (ii) expenditures used for Permitted Acquisitions, (iii) expenditures used for acquisitions of fee owned real estate, up to an aggregate amount of $25,000,000 per Fiscal Year, so long as (a) the Company demonstrates to the satisfaction of the Administrative Agent a viable plan to complete a sale-leaseback of such property within one year of the acquisition thereof and (b) the Administrative Agent approves of the exclusion of such expenditures in its reasonable discretion, provided that if the applicable Loan Party fails to complete a sale-leaseback with respect to such real property within such one-year period, expenditures used for such acquisition of such real property shall be included as a Consolidated Capital Expenditure in the Fiscal Year in which such one year period expires, and (iv) a one-time, non-cash, cumulative, historical adjustment to Consolidated Capital Expenditures recorded in the Fiscal Year ended January 29, 2005.”
Excluded Expenditures means, (i) expenditures to the extent they are made with the proceeds of the issuance of Capital Stock of any Loan Party or of any capital contribution to any Loan Party after the Closing Date or with Net Casualty/Condemnation Proceeds, (ii) expenditures used for Permitted Acquisitions and (iii) expenditures made in connection with Company's investment in Petcetera and 00000 Xxxxx to the extent permitted by subsection 7.3(ii).
Examples of Excluded Expenditures in a sentence
The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures.
More Definitions of Excluded Expenditures
Excluded Expenditures means alcoholic beverages, tobacco, un-manufactured, tobacco refuse, tobacco, manufactured (whether or not containing tobacco substitutes), radioactive and associated materials, pearls, precious and semiprecious stones, unworked or worked, nuclear reactors, and parts thereof; fuel elements (cartridges), nonirradiated, for nuclear reactors, tobacco processing machinery, jewelry of gold, silver or platinum group metals (except watches and watchcases) and goldsmiths’ or silversmiths’ wares (including set gems), gold, non-monetary (excluding gold ores and concentrates).
Excluded Expenditures means (i) expenditures for procurement of works, goods, and services from countries which are not members of ADB; (ii) expenditures for procurement of works, goods, and services from entities sanctioned by ADB; (iii) expenditures for procurement involving high-value contracts as determined under ADB’s Results-Based Lending Policy and its implementing rules; (iv) expenditure for procurement under the small and medium enterprise preference scheme of the Borrower; (v) expenditures for any prohibited investment activities provided in Appendix 5 of SPS; (vi) any other expenditures excluded from financing under ADB’s Results-Based Lending Policy; and (vii) any expenditures on components involving resettlement and/or indigenous peoples risks or impacts within the meaning of the SPS, incurred by the Borrower under NUHM during its Fiscal Year;