Capital Expenditures

Capital Expenditures. Means any expenditure or the incurrence of any obligation or liability by the Borrower for any asset which is classified as a capital asset

Capital Expenditures. Means, for any period, expenditures (including the aggregate amount of Capital Lease Obligations incurred during such period but excluding the interest component thereof) made by the Restricted Parties during such period to acquire or construct fixed assets, plant and equipment (including renewals, improvements and replacements, but excluding normal replacements and maintenance which are properly charged to current operations) that is required to be capitalized for financial reporting purposes... in accordance with U.S. GAAP, provided that Capital Expenditures for any period shall not include Capital Expenditures (in an aggregate amount not to exceed U.S. $2,000,000 for any fiscal year) required to be reported on the statement of cash flows of MDC Partners in accordance with U.S. GAAP to the extent such Capital Expenditures have been funded during such period by a landlord of MDC Partners or any of its Subsidiaries (including the Minority-Owned Obligors) with respect to any improvements to property leased from such landlord by MDC Partners or any of its Subsidiaries (including the Minority-Owned Obligors). View More

Capital Expenditures. Expenditures for any fixed assets or improvements, replacements, substitutions or additions thereto or therefor which have a useful life of more than one year, and shall include the total principal portion of Capitalized Lease Obligations and leasehold improvements.

Capital Expenditures. For any period, the sum of, without duplication, all expenditures made, directly or indirectly, by Borrower or any of its subsidiaries during such period for equipment, fixed assets, real property or improvements, or for replacements or substitutions therefor or additions thereto, that have been or should be, in accordance with GAAP, reflected as additions to property, plant or equipment on a consolidated balance sheet of the Borrower.

Capital Expenditures. Shall mean, with respect to any Person and any period, all amounts expended by such Person during such period to acquire or to construct Capital Assets (including renewals, improvements and replacements) computed in accordance with GAAP (including all amounts paid or accrued on Capital Leases and other Indebtedness incurred or assumed to acquire Capital Assets).

Capital Expenditures. Means, for any period, expenditures -------------------- (including the aggregate amount of Capitalized Lease Obligations incurred during such period) made by the Company or any of its Subsidiaries to acquire or construct fixed assets, plant and equipment (including renewals, improvements and replacements, but excluding normal replacements and maintenance which are properly charged to current operations) during such period... computed in accordance with GAAP. For the purposes hereof, (i) the acquisition of any capital asset by the Company or any of its Subsidiaries constituting a reinvestment of proceeds of any casualty event or condemnation, shall constitute a "Capital Expenditure" hereunder only to the extent of any consideration paid by the Company and its Subsidiaries in excess of such proceeds so reinvested, (ii) obligations of the Company payable after December 31, 2002 and arising in connection with the settlement of any liability of the Company under Fluor Daniel Corporation v. Solutia Inc., filed on February 8, 2001, in the United States District Court for the Southern District of Texas, shall be treated as "Capital Expenditures" in any period only to the extent payments are made by the Company during such period and (iii) payments by the Company of principal in respect of the Co-gen Instruments shall not constitute "Capital Expenditures" hereunder. View More

Capital Expenditures. Shall have the meaning set forth in the Loan Agreement.

Capital Expenditures. Means any expenditure that would be classified as a capital expenditure on a consolidated statement of cash flows of the Company and its Subsidiaries, prepared in accordance with GAAP.

Capital Expenditures. (c) CAPITAL EXPENDITURES. The Borrower will not incur or contract to incur aggregate Capital Expenditures of more than $2,500,000 during the Borrower's fiscal year ending December 26, 2004 (which amount may be increased to up to $6,000,000, if the Borrower requests an increase based on the projected costs of the relocation of the St. Croix location and if the Lender agrees, as determined in its sole discretion, to such request) and zero thereafter until the... Borrower and the Lender agree on Financial Covenants for periods after December 26, 2004. View More

Capital Expenditures. Permit the aggregate Capital Expenditures of Borrower and its Subsidiaries to exceed: (i) for the calendar year ending December 31, 2007, $1,000,000, and (ii) for each calendar year thereafter, $500,000 on an annual basis.