Examples of Rollover Amount in a sentence
Notwithstanding the foregoing, to the extent that the aggregate amount of Capital Expenditures made by the Company and its Subsidiaries in any Fiscal Year is less than $7,000,000 for such Fiscal Year, 50% of the amount of such difference (the “Rollover Amount”) may be carried forward to the next succeeding Fiscal Year (with the amount of Capital Expenditures made in such succeeding Fiscal Year being applied first to the Rollover Amount).
Commit to make, or permit any of its Subsidiaries to make or commit to make, any Capital Expenditure (by purchase or Capitalized Lease) that would cause the aggregate amount of all Capital Expenditures made by the Loan Parties and their Subsidiaries in any Fiscal Year (other than any Capital Expenditures made by the Loan Parties and their Subsidiaries in any Fiscal Year with Net Cash Proceeds received from the OSP Sale) to exceed the sum of $7,000,000 plus the Rollover Amount (as defined below), if any.