Maximum Capital Expenditures. Permit Capital Expenditures for any fiscal year to be greater than the higher of # ​ and # 25% of Consolidated EBITDA for such fiscal year.

Is Actual less than or equal to maximum permitted amount?

Capital Expenditures. Incur or make any Capital Expenditures, except:

“Cash Flow” means the sum of # net income after tax, dividends and distributions, plus # depreciation expense and amortization, plus # Interest Expense, plus # non-cash expenses and minus # non-cash income, all determined in accordance with G.A.A.P.

Capital Expenditures. ​ shall not, and shall not permit any of its Subsidiaries to, incur Capital Expenditures during any fiscal year in an aggregate amount for ​ and its Subsidiaries in excess of the CapEx Cap Amount with respect to such fiscal year. As used herein, “CapEx Cap Amount” means, with respect to any fiscal year, ​; provided, that such amount shall be increased by an amount equal to the excess, if any (but in no event more than ​), of the CapEx Cap Amount for the previous fiscal year (as calculated without giving effect to this proviso) over the actual amount of Capital Expenditures incurred by ​ and its Subsidiaries during such previous fiscal year.

Maximum Capitalized Expenditures. Not permit Capitalized Expenditures for any measurement period specified in [Schedule 6.10(D)] to exceed the amount set forth opposite such period therein, tested on the last day of each fiscal quarter.

Unfinanced Capital Expenditures. ​ will not allow the aggregate amount of Unfinanced Capital Expenditures of the Loan Parties to exceed ​ for calendar years 2018 and 2019, and ​ for any calendar years thereafter.

In addition, the Parties will periodically evaluate whether any amounts that constitute Expenses can be treated as capital expenditures, in accordance with GAAP. In the event Entravision accounts for any amounts that would constitute Expenses as capital expenditures, in accordance with GAAP (such amounts referred to as “Capital Expenditures”), such Capital Expenditures will be excluded from the calculation of Expenses during an applicable period, up to the following maximum amount:

Amendment to Forecasted Capital Expenditures Amount. Subject to and effective upon the 15th day following the date on which the [Section 203] Approval becomes a Final Order (the “Forecast Amendment Date”), ​ of the SPA is hereby amended as follows:

Maximum. A Participant may contribute, by payroll deduction, any whole percentage of the Participant’s Compensation not exceeding 75% of Compensation for each pay period to the Participant’s Pretax Deferral Account and/or Roth Deferral Account. The Participant must specify whether the deferral contributions shall be pretax deferral contributions, Roth deferral contributions, or a combination of both. If a Participant fails to specify, then his or her deferral contributions shall be treated as pretax deferral contributions. The election shall be made in such manner and with such advance notice as prescribed by the Committee.