Financed Capital Expenditures definition
Examples of Financed Capital Expenditures in a sentence
Except as permitted under 3.16(b)(ii), make capital expenditures in any period in excess of the amount set forth in the following table for the applicable period: $ 1,000,000 (ii) Financed Capital Expenditures.
For purposes of making determinations under this Section 9.11(a), any Capital Expenditures shall be allocated first to Equity Financed Capital Expenditures (to the extent permitted under the definition of "Equity Financed" in Section 1.01 hereof) and then to the maximum amount of Capital Expenditures permitted under this Section 9.11(a).
Make or incur any Capital Expenditures (but excluding any Capital Expenditures of the Irish Subsidiary) in excess of (i) $2,500,000 (of which $1,250,000 shall be Financed Capital Expenditures) for Fiscal Year 1999 in the aggregate and (ii) $1,200,000 for any Fiscal Year thereafter, PLUS an amount equal to the excess, if any, of Operating Cash Flow over an amount equal to 120% of Total Debt Service, in each case for the preceding Fiscal Year.
Financed Capital Expenditures - Capital Expenditures funded with the proceeds of Permitted Purchase Money Debt and those represented by Capitalized Lease Obligations.
Make any Financed Capital Expenditure if, as a result thereof, the aggregate amount of all Financed Capital Expenditures consummated in the Fiscal Year ending January 2000 shall exceed $15,000,000 and $20,000,000 in any Fiscal Year thereafter.