Specified Capital Expenditures definition

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.

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Specified Capital Expenditures means expenditures with respect to a newly-constructed distribution center to be located at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, IN 43118 and the corporate headquarters located at ▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ , 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 those potential capital expenditures set forth on Exhibit A to the Capital Expenditures Agreement.

Examples of Specified Capital Expenditures in a sentence

• The Operating Budget for subsequent calendar years shall include, but not be limited to, anticipated revenues, occupancies, rate increases, capital improvements, financing needs, salaries and all other operating expenditures of the Company, and shall separately set forth all capital expenditures, identifying those items that are Specified Capital Expenditures.

• The aggregate purchase price for the Assets shall be: (a) $75,000,000.00 (the “Base Amount”); plus (b) the purchase price for the Refinery Hydrocarbon Inventory which shall be determined and paid pursuant to Section 2.08; plus (c) the amount of any Specified Capital Expenditures paid pursuant to Section 2.06 (such Base Amount, as finally adjusted pursuant to the foregoing and as further provided in Section 2.09 being the “Purchase Price”).

• All Specified Capital Expenditures shall be determined and expended at Seller’s sole discretion.

• No later than five Business Days prior to the Closing, Archaea shall deliver to the Buyer: a good faith estimate of the Merger Consideration (the “Estimated Merger Consideration”) pursuant to which Archaea shall (i) use the Enterprise Value and (ii) estimate (A) the amount of Cash and Cash Equivalents, (B) the amount of Closing Company Indebtedness, (C) the amount of Specified Capital Expenditures and (D) the amount of Transaction Expenses (together, the “Estimated Closing Statement”).

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 ▇▇▇▇▇▇▇ Facility and the Port of Chesapeake in an aggregate amount not to exceed $2,300,000.

Specified Capital Expenditures means the aggregate amount of Capital Expenditures determined as of the Measurement Time.

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, 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: Rebuild Period Capital Expenditures ------ -------------------- Third and fourth fiscal quarters in Fiscal Year 1997 $1,750,000 per quarter Each fiscal quarter in Fiscal Year 1998 $2,312,500 per quarter Each fiscal quarter in Fiscal Year 1999 $2,312,500 per quarter Each fiscal quarter in Fiscal Year 2000 $2,312,500 per quarter Each fiscal quarter in Fiscal Year 2001 $1,000,000 per quarter ;provided, that the maximum amount of Rebuild Capital Expenditures permitted to be made by such Person in the first fiscal quarter of 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 the aggregate amount of capital expenditures incurred and paid by the Company or any of the Company Subsidiaries during the time period that is after May 31, 2017 and prior to the Closing Date in connection with the matters set forth on S chedule E.

Specified Capital Expenditures for any fiscal quarter of the Borrower ended on or prior to December 31, 2001, 50% of the aggregate amount of Capital Expenditures made by the Borrower and its Subsidiaries during such fiscal quarter, and for each other fiscal quarter of the Borrower, $0.

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 such Person (a "Sale Lease-back"), provided that if any Project has not been made the subject of a Sale Lease-back within 24 months after the first such expenditures are made with respect to such Project, all of such expenditures made with respect to such Project shall constitute Capital Expenditures (and be deemed to have been made at the later of the end of such 24-month period and the time actually made) for all purposes of this Agreement (and shall not constitute Specified Capital Expenditures) and shall be: