Specified Capital Expenditures means, for any period, capital expenditures made using the proceeds of a capital reserve account of the Borrower that has been funded solely from the Net Cash Proceeds of any issuance of Equity Interests (other than Disqualified Equity Interests) of the Borrower made at any time during such period or any prior period, provided that following any capital expenditure designated by the Borrower as a Specified Capital Expenditure, any quarterly or annual audited financial statements, as applicable, of the Borrower with respect to the fiscal period during which such Specified Capital Expenditure was made must show a dollar-for-dollar reduction of such capital reserve account that correlates to such capital expenditure.
Specified Capital Expenditures means expenditures with respect to a newly-constructed distribution center to be located at 0000 Xxxxxxxxxx Xxxxxxxxx, Xxxxxxx, IN 43118 and the corporate headquarters located at 0000 X 00xx Xxxxxx, Xxxxx, XX 00000 , in an aggregate amount not to exceed the sum of the expenditures incurred through the Sixth Amendment Effective Date and $28,000,000 thereafter; provided that the aggregate amount of such expenditures shall not exceed $33,000,000.
Specified Capital Expenditures means, solely for purposes of calculating the Interest Coverage Ratio for each period of four (4) consecutive fiscal quarters ending October 31, 2018, January 31, 2019 and April 30, 2019, Capital Expenditures made by or on behalf of the PRC Subsidiaries.
Examples of Specified Capital Expenditures in a sentence
Consolidated Maintenance Capital Expenditures (other than Specified Capital Expenditures) or (ii) 3.00% of total revenue of the Borrower and its Subsidiaries, in each case, for the period of the four Fiscal Quarters most recently ended to (b) Consolidated Fixed Charges for the period of the four Fiscal Quarters most recently ended; provided, however, that if fewer than four (4) Fiscal Quarters have elapsed since the Closing Date, then the relevant measurement period shall begin on the Closing Date.
More Definitions of Specified Capital Expenditures
Specified Capital Expenditures means those Capital Expenditures identified in the Base Case Projections with respect to the Ahoskie Facility, the Xxxxxxx Facility and the Port of Chesapeake in an aggregate amount not to exceed $2,300,000.
Specified Capital Expenditures means those potential capital expenditures set forth on Exhibit A to the Capital Expenditures Agreement.
Specified Capital Expenditures means, solely for purposes of calculating the Interest Coverage Ratio for each period of four (4) consecutive fiscal quarters ending on or about April 30, 2018, July 31, 2018, and October 31, 2018, Capital Expenditures made by or on behalf of the PRC Subsidiaries.”
Specified Capital Expenditures means the aggregate amount of Capital Expenditures determined as of the Measurement Time.
Specified Capital Expenditures means, with respect to any Person for any period, all Capital Expenditures less all Rebuild Capital Expenditures (if any) in an amount not to exceed the following, in each case for such Person for such period: Period Rebuild Capital Expenditures ------ ---------------------------- Each fiscal quarter in Fiscal Year 1997 $4,250,000 per quarter Each fiscal quarter in Fiscal Year 1998 $4,500,000 per quarter Each fiscal quarter in Fiscal Year 1999 $4,250,000 per quarter Each fiscal quarter in Fiscal Year 2000 $2,500,000 per quarter Each fiscal quarter in Fiscal Year 2001 $1,250,000 per quarter ;provided, that the maximum amount of Rebuild Capital Expenditures permitted to be made by such Person in the first fiscal quarter in any Fiscal Year as set forth in the above table shall be increased by the amount of Rebuild Capital Expenditures that such Person was permitted to make in the immediately preceding Fiscal Year and did not expend in such Fiscal Year (without giving affect to any carry-over amounts from any prior Fiscal Year); provided, further, that such permitted carry-over amount shall not exceed twenty percent (20%) of the maximum Rebuild Capital Expenditures for such immediately preceding Fiscal Year as set forth in the above table.
Specified Capital Expenditures means expenditures made by the Company or its Subsidiaries to acquire and develop real property by building retail bookstores thereon (each such development, a "Project") with a view to transferring title to such developed real property to another Person (other than an Affiliate or Subsidiary of the Company) within 24 months after the acquisition of such real property and concurrently leasing it back from
Specified Capital Expenditures means any Capital Expenditures with respect to the Albertsons Locations made on or prior to December 31, 2019 in an aggregate principal amount not to exceed $3,500,000.