Example ContractsClausescapital expendituresIdentical
Capital Expenditures
Capital Expenditures contract clause examples

Capital Expenditures. Make or commit or agree to make, or permit any of its Subsidiaries to make or commit or agree 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 to exceed $7,500,000 in any calendar year; provided, however, that if the amount of the Capital Expenditures permitted to be made in any calendar year is greater than the actual amount of the Capital Expenditures actually made in such calendar year (the amount by which such permitted Capital Expenditures for such calendar year exceeds the actual amount of Capital Expenditures for such calendar year, the "Excess Amount"), then up to 100% of such Excess Amount (such amount, the "Carry-Over Amount") may be carried forward to the next succeeding calendar year (the "Succeeding Calendar Period"); provided that # the Carry-Over Amount applicable to a particular Succeeding Calendar Period may not be carried forward to another calendar year # in no event shall Capital Expenditures exceed, after the application of any Carry-Over Amount, $9,500,000 in any calendar year. Capital Expenditures made by the Loan Parties and their Subsidiaries in any calendar year shall be deemed to reduce first, the amount set forth above for such calendar year, and then, the Carry-Over Amount.

ALJ REGIONAL HOLDINGS INC (ALJJ) (CIK 0001438731)
Source: SEC EDGAR database • Date: December 23, 2019 • SIC: 7389 • CIK: 7389

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